TUESDAY 4TH MAY 2021

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NNPC Sells N267bn Crude Oil, Maintains 1.42m bpd Output Emmanuel Addeh in Abuja The Nigerian National Petroleum Corporation (NNPC) sold crude oil worth N267.59 billion in February, while its total daily production stood at 1.42 million barrels per day in the first quarter of 2021,

a document presented to the Federation Account Allocation Committee (FAAC) at its April 20-21 meeting, has shown. The value of the crude, both export and domestic for February, was 97 per cent higher than that of January which was N134.35 billion.

Similarly, crude oil export revenue received in March amounted to $93.37 million, equivalent to N35.72 billion, representing a 204 per cent increase compared to February’s receipts. “Nigeria maintained 1.426 million bpd OPEC production

cut in 1Q21. The overall NNPC crude oil sale valued at N267.59bn (export & domestic crude) in February 2021 is 97.71 per cent higher than N134.35 billion recorded in January 2021,” NNPC stated. Domestic gas receipts in the month were N5.75 billion,

while feedstock valued at $66.43 million was sold to the Nigeria Liquefied Natural Gas Limited (NLNG) during the period, out of which $63.79 million was received during the month. In addition, $2.22 million was classified as receipts

from miscellaneous sources, including gas and ullage (the amount of empty space in a cargo ship's hull or in an oil terminal tank) fees as well as interest income received in March. Continued on page 8

Stock Market Rallies to N418bn Gain in April... Page 6 Tuesday 4 May, 2021 Vol 26. No 9521. Price: N250

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After 27 Years, Bill Gates and Wife, Melinda, End Marriage...Page 5

FG Moves to Curb Small Arms Influx, Establishes Control Centre Bauchi raises the alarm over Boko Haram threat to four LGAs National Security Council reconvenes today

Deji Elumoye, Kingsley Nwezeh in Abuja and Segun Awofadeji in Bauchi The federal government yesterday intensified its efforts to curb the rising influx of small arms and light weapons into the country, a phenomenon believed to be responsible for the worsening insecurity in the polity. It established the National Centre for the Control of Small Arms and Light Weapons (NCCSALW).

A statement yesterday by the Office of the National Security Adviser (ONSA) and signed by Head, Strategic Communication, Mr. Zachari Usman, said the centre would be headed by Maj. Gen. A.M. Dikko (rtd) as pioneer coordinator. This comes as the Bauchi State Government raised the alarm that bandits and people displaced by Boko Haram insurgents in the neighbouring Continued on page 8

Bandits Threaten to Kill Abducted Greenfield University Students Today Suspected herdsmen kill 17 in Benue John Shiklam in Kaduna and George Okoh in Makurdi Bandits who abducted some students of Greenfield University in Kaduna have threatened to kill the remaining ones still in captivity if their demand for ransom is not met by today.

In an interview with the Voice of America (VOA), Hausa service, one Sani Jalingo who claimed to be the leader of the abductors, warned that if the state government or parents of the students fail to pay a ransom of N100 million Continued on page 8

SECURING THE FEDERAL CAPITAL... Minister of Federal Capital Territory, Malam Muhammad Bello (left), and Commander, Defence Headquarters Garrison, Maj. Gen. Preye Fakrogha, during the army top brass’ visit to the minister in Abuja...yesterday

PDP Demands State Police, Power Devolution, Border Protection Council ...Page 5


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