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OVH Energy Says Lagos Midstream Jetty to Save Nigeria N43bn Annually

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ASPM Limited, a subsidiary of OVH Energy Limited, achieved a ground-breaking milestone as it launched its Lagos Midstream Jetty (LMJ) located at the Lagos Apapa Harbour.

The Lagos Midstream Jetty is West Africa’s first privately owned mid-stream jetty, conceived by Oando PLC to increase the delivery capacity and offloading efficiency of petroleum products into marketers’ storage facilities in Apapa Lagos.

The Lagos Midstream Jetty is expected to alleviate the perennial infrastructural hiccups experienced in Apapa, eliminating the lightering and demurrage charges currently being incurred by petroleum marketers by NGN8.3 billion ($23m) and NGN9.8 billion ($27m) respectively.

Additionally, the Jetty will reduce discharge time from 21 to 3 days, increasing product availability.

With a draft of 13.5m, Length Overall (LOA) of 210m and a capacity to receive 45,000 DWT vessels (deadweight tonne), the Lagos Midstream Jetty will discharge at up to 800 m3 (cubic meters) of petroleum products per hour.

The Jetty will operate 24 hours a day to supply products into storage facilities situated within the Apapa axis, via a 3km submarine pipeline network linked directly with up to 200,000MT storage belonging to major and independent marketers in Nigeria.

LMJ which is configured to receive all white products namely petrol, diesel and kerosene, consists of a simple horizontal platform, five (5) berthing dolphins, and four (4) mooring points.

In comparison to available jetties, the Lagos Midstream Jetty has the capacity to receive larger vessels of up to 45,000 DWT in one lot thus reducing the current necessity of bringing in smaller volumes of petroleum products in several batches. This will result in significant cost savings on lightering and generate economies of scale advantages for marketers.

Commenting at the launch event Mr Wale Tinubu, chairman OVH Energy, said: “The Lagos Midstream Jetty was conceived as an innovative industry solution to the perennial challenges marketers faced in the importation of petroleum products. Over the past 30 years, marketers have spent approximately NGN1.6 Trillion ($4.5 billion) on lightering, with 90% of this spend flowing out of the country. Today we have delivered a first class piece of engineering that meets global standards, is the first of its kind in sub-Saharan Africa and will be of invaluable benefit to the industry and nation at large.

“I must thank our regulators, bankers and contractors who believed in us from the start. It is a proud moment for Oando PLC who conceived the idea and OVH who have taken up this mantle.  From conception to realisation, the idea of the Lagos Midstream Jetty is now a reality and is indeed another infrastructural success for us, our nation and the continent.’’

Commenting further on the facility, Mr. Deji Osikoya, the general manager of ASPM Limited, a subsidiary OVH Energy, stated “The Lagos Midstream Jetty is an innovative infrastructure investment designed to radically transform the efficiency of Nigeria’s downstream landscape and boost Nigerian’s petroleum downstream economics.  We expect the Jetty to become an extremely valuable and viable portfolio especially for marketers, reducing delays caused by infrastructural limitations in Lagos, thus improving marketers’ service delivery and profitability and reducing the financial drain on the nation’s resources.”

The Jetty is equipped with a gangway tower to facilitate vessel discharge operations and an on-shore control station at Alapata, Apapa which serves as the central control center for its off-shore and on-shore operational activities fully equipped with an automated process control system.

“The Lagos Midstream Jetty (LMJ) is fully operational, having berthed 10 vessels and discharged products totaling 255,000 metric tonnes of cargo demonstrating its potential as a functionally efficient and safe facility. With a monthly volume capacity of 240,000metric tonnes, or 240,000,000 litres, the Lagos Midstream Jetty is set to substantially boost supply of petroleum product into Nigeria, and contribute an estimated NGN13.1 billion ($36 million) cost reduction in product imports and associated transactions.” Osikoya further added.

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Logistics

Customs Targets N1.5 trillion Revenue in 2018

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The Nigeria Customs Service has set a revenue target of N1.5 trillion for 2018.

Hammed Ali, Comptroller-General of Customs, , disclosed this at the first management meeting for 2018 held in Abuja.

A statement by Joseph Attah, Customs PRO yesterday, said that in 2017, the Service generated N1.37 trillion, surpassing the year’s target of N770.57 billion.

According it, promotion of officers, which would soon be approved by the board and the review of salaries, payment of bonus to Customs officials, were discussed.

It added that in the meantime, 577 officers were retired according to a circular titled CIRCULAR NO/HRD/2017/003-LIST OF OFFICERS/MEN FOR STATUTORY RETIREMENT IN YEAR 2018 and signed by Sulaiman M.S.J, Comptroller Establishments.

“The officers included a Deputy Comptroller General, an Assistant Comptroller General, 11 Comptrollers, 27 Deputy Comptrollers, 27 Assistant Comptrollers and 23 Chief Superintendents of Customs.

“Similarly, the Service carried out promotion and redeployment of some officers as contained in a statement issued some weeks ago by the Service National Public Relations Officer, Joseph Attah.

“Among those promoted in acting capacity were Isa Talatu Mairo to Deputy Comptroller-General Tariff and Trade; Amajam Bukar, Controller, Federal Operations Unit Zone C, elevated to the rank of Assistant Comptroller-General, Enforcement, Investigation and Inspection and David Elisha Chikan as ACG (Human Resources and Development),’’ it said.

It said that the CGC charged the affected officers to see their appointments and as opportunities to contribute their best towards consolidating the gains of the ongoing reforms in the service,” it said.

Other rank and file listed on the retirement notice include five Chief Inspectors of Customs Terminal (CIC T); 21 Chief Inspector of Customs (CIC); 21 Superintendents of Customs (SC) and 36 Deputy Chief Inspectors of Customs (DCIC)

Others are 23 Deputy Comptrollers (DCs); 121 Assistant Chief Inspectors of Customs (ACIC); four ACIC1; 131 Deputy Inspectors of Customs (DIC) and one Assistant Superintendent of Customs 11.

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Arik Assures Nigerians of Better Operations in 2018

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By peter oluka

The management of Arik Air, Nigeria’s largest carrier has sent messages, thanking Nigerians and all travellers for their support in 2017, and assures customers of a brighter and better 2018, while wishing them a great and prosperous new year.

In his New Year message, Captain Roy Ilegbodu, the chief executive officer of Arik Air, said: “We owe Nigerians a heartfelt gratitude for their support in 2017. They believed in the airline, stood by us and that unflinching support was the tonic that propelled us to regain our leadership position in the industry”.

In the New Year, the airline has pledged to redouble its efforts in order to surpass the expectations of its valued customers in 2018.

The CEO elaborated: “For us, time is money and we will continue to ensure an on-time service delivery which enables customers get to their destinations punctually. Arik is known for safe operations and we will not compromise the safety of our customers at any time.”

The airline is also promising a value added service that makes the customer King in 2018 while route integration will be vigorously pursued.

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Eko Disco Tenders Apology to Residents Over Power Outage

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Eko Electricity Distribution Company (EKEDC) has apologised to its consumers over the irregular power supply currently being experienced.

 

Mr Godwin Idemudia , General Manager, Corporate Communications, explained that the epileptic supply was due to a system collapse from the national grid affecting the entire country.

 

Idemudia, said the system collapsed which occurred recently had resulted in nationwide blackout had really affected the EKEDC consumers.

 

According to the General Manager, since five days now, power supply to customers under our network has been on and off.

 

“Until Generation goes up, there is nothing we can do now because National Grid (NG) is the only source of our supply.

 

“We feel your pains.

 

“We are, therefore, appealing to customers to bear with us, as supply will be restored as soon as these repairs are concluded.

 

“EKEDC highly regrets any inconveniences caused by this irregular supply,” he said.

 

Nigeria was on Jan.2 thrown into a nationwide blackout as the country suffered total collapse of its power system grid.

 

The collapse followed a fire incident on Nigerian Gas Processing and Transportation Company Ltd (NGPTC’s) Escravos Lagos Pipeline System and a shutdown of pipeline supplying gas to 3,182 Mega Watt (MW) plants.

 

These plants include Egbin 1,320MW; Olorunsogo National Integrated Power Plant (NIPP) 676MW; Olorunsogo 338MW; Omotosho NIPP 450MW; Omotosho 338 MW and Paras 60MW power stations.

 

The Ministry of Power, Works and Housing, which confirmed the collapse and the shutdown of gas supply to the 3,182 MW plants, described the incident as a setback to the power sector.

 

 

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