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Nigeria Resumes Petrol Import from China

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Nigeria, Africa’s biggest oil producer and exporter, has resumed importation of petrol from China, the world’s top crude oil importer.

The Asian country shipped 37,000 metric tonnes of petrol to Nigeria in September for the first time since July 2019, data from General Administration of Customs showed, according to S&P Global Platts.

China, a major exporter of transportation fuels, has extended exports to Africa in recent years.

The first African country to receive Chinese petrol was Togo in April 2018 at 50,000 mt, followed by Nigeria in January 2019 at 51,000 mt, historical GAC data showed.

The most recent diesel exports from China to Africa were in June, with Kenya and South Africa receiving 40,000 mt and 35,000 mt, respectively, according to the data.

China’s annual crude oil imports increased by 0.9 million barrels per day in 2019 to an average of 10.1 million bpd, according to the United States Energy Information Administration.

The EIA said China’s new refinery capacity and strategic inventory stockpiling, combined with flat domestic oil production, were the major factors contributing to the increase in its crude oil imports in 2019.

Last year, China’s refinery capacity increased by 1.0 million bpd, primarily because two new refining and petrochemical complexes came online with capacities of 0.4 million bpd each.

As a result, the country’s refinery processing also increased to an all-time high in 2019, averaging 13.0 million bpd for the year, according to the EIA.

Nigeria has continued to rely heavily on importation for many years to meet its fuel needs as the nation’s refineries remain in a state of disrepair.

Uneven demand recovery in Africa has led to a divergence in support for Asian transportation fuel markets as diesel and jet fuel requirements weaken while demand for petrol remains robust, industry sources said.

The slowdown in Africa’s diesel and jet fuel demand, in particular, has removed a significant pillar of support from Asian middle distillate markets after buoying them for most of the third quarter, the sources said.

The African continent draws most of its petrol and middle distillate imports from the Persian Gulf and the Mediterranean, and an increase in demand typically lends indirect support to Asia, market sources said.

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Army Buries 17 Personnel Killed in Okuama Community

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The 17 military personnel killed in Okuama community in Delta on March 14 have been laid to rest.

The corpses of the soldiers, which arrived at the National Military Cemetery in Abuja at about 2:26 pm on Wednesday, were committed to mother death after burial rites were observed.

President Bola Tinubu, Service Chiefs and other dignitaries were in attendance at the burial ceremony.

DAILY POST recalls that the troops of 181 Amphibious Batallion, Bomadi Local Government Area of Delta State, while on a peace mission to Okuoma Community were ambushed and killed by some irate youths.

The incident occurred when the troops responded to a distress call following a communal crisis between Okuoma and Okoloba communities in Delta State.

The personnel comprised one Lieutenant Colonel, two Majors, one Captain and 13 soldiers.

The officers are Commanding Officer 181 Amphibious Battalion, Lt. Col. A.H Ali; Maj S.D Shafa (N/13976); Maj D.E Obi (N/14395) and Capt U Zakari (N/16348).

The soldiers are SSgt Yahaya Saidu (#3NA/36/2974); Cpl Yahaya Danbaba (1ONA/65/7274); Cpl Kabiru Bashir (11NA/66/9853); LCpl Bulus Haruna (16NA/TS/5844); LCpl Sola Opeyemi (17NA/760719); and LCpl Bello Anas (17NA/76/290).

They also include LCpl Hamman Peter (NA/T82653); LCpl Ibrahim Abdullahi (18NA/77/1191); Pte Alhaji Isah (17NA/76/6079); Pte Clement Francis (19NA/78/0911); Pte Abubakar Ali (19NA/78/2162); Pte Ibrahim Adamu (19NA/78/6079) and Pte Adamu Ibrahim (21NA/80/4795).

DailyPost

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Thomas Yormah Emerges As New WAEC Chairman

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By Eric Elezuo

The West Africa Examinations Council (WAEC) has a new Chairman, he is Prof. Thomas Brima Rick Yormah, a former Deputy Vice Chancellor of the Fourah Bay College and former Pro ViceChancellor, University of Sierra Leone as the 21st Chairman of Council.

According to a statement signed by Demianus G. Ojijeogu, the Head, Public Affairs, WAEC Headquarters, Accra, Ghana, Yormah was elected during the just concluded 72nd Annual Council Meeting of the body, held in Freetown, Sierra Leone. He succeeds Prof. Ato Essuman from the Republic of Ghana.

The highpoint of the week-long Council meeting was the recognition and honoring of three Ghanaian candidates with the WAEC International Excellence Award for their outstanding performance in the WASSCE for School Candidates, 2023. They were Master Amo-Kodieh Leonard Kofi, (1st Prize), Master Dzandu Selorm, (2nd Prize), and Master Asenso-Gyambibi Daniel (3rd Prize). The three candidates were selected from 2,327,342 who sat the examination in The Gambia, Ghana, Liberia, Nigeria, and Sierra Leone.

In the same vein, the Augustus Bandele Oyediran Award for the Best Candidate in West Africa, 2023 also went to Master Amo-Kodieh Leonard Kofi. In addition, two candidates from the Republic of Sierra Leone were honoured with the National Distinction, while one candidate received the National Merit Award. They were Miss. Mammah E. A. Raymonda, (1st Prize), Master Bangura Joshua, (2nd Prize), and Master Fillie Sahr Edward (Merit Award).

While the 71st edition of the Council meeting was hosted by Gambia, the next edition, which will be the 73rd in the series, will be hosted by Liberia.

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Kidnapped Edo PDP Chairman Regains Freedom

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The kidnapped chairman of the Peoples Democratic Party (PDP) in Edo State, Dr. Tony Aziegbemi, has been released.

Dr. Aziegbemi, who was set free by his abductors in the early hours of Tuesday, March 26, 2024. Report has it that he got to his Benin City residence at about 3am to the waiting arms of family and close friends.

“I am back home with my family. I am fine. I am just trying to rest and will talk to you later,” he was quoted as saying.

Dr. Aziegbemi, a former member of the House of Representatives, who represented Esan North-East/Esan South-East federal constituency of Edo State, was kidnapped on Friday, March 15, 2024 when his abductors who rode in two Toyota Corolla cars, trailed him after he left a meeting.

The gunmen overtook Aziegbemi’s sports utility vehicle (SUV) at a speed break as it slowed down along Osaro Street, off Country Home Road, close to his house at about 11pm on Friday night before seizing him.

It is not clear yet if a ransom was paid for his release as the abductors had reportedly demanded a sum of N50 million before setting him free.

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