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Al-Ghais: OPEC’s New Head Assumes Office, Engages Nigerian Media on Stabilising Oil Market

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The new Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Kuwaiti’s Haitham Al Ghais, on Monday engaged the Nigerian media on his immediate plans for the oil industry, hours after he assumed duty as the new head of the organisation.

Al Ghais, who spoke glowingly of his predecessor, Sanusi Barkindo, who died while on a visit to Nigeria last month, explained that while the legacies of the late Barkindo would continue to be upheld, members of OPEC would collectively determine the next set of decisions by the body.

The new OPEC secretary general was unanimously picked by member nations in January and was already in waiting to succeed Barkindo before the death of the Nigerian-born global oil and gas leader.

Fielding questions during the virtual event, Al Ghais stated that the 600 million Africans currently without electricity must be considered while the global discussions on the current energy transition are ongoing.

“The African continent has over 1.2 billion population, with over 600 people without electricity. There is an ongoing discussion about energy transition, and the voice of the people needs to be heard and taken into consideration and accounted for.

“In the energy transition, there is no one-size-fits-all solution. Everybody’s voice must be represented and everybody must be part of the dialogue, particularly on the African continent,” he declared.

While underscoring the critical role Nigeria plays in OPEC and its pivotal place in the African oil and gas market, he promised to visit Nigeria soon, maintaining that with the cooperation of Nigeria and other member nations, OPEC would weather the storms in the global oil market.

Describing the ongoing construction of a regional gas pipeline that would convey Nigeria’s gas to Niger, Algeria and then to Europe as a significant development, Al Ghais stated that any assistance to be rendered to the continent must be collectively discussed and agreed on by all stakeholders in OPEC.

According to him, while OPEC decisions are usually collective, the framework laid in stabilising the global oil industry by Barkindo at the organisation will not be abandoned.

He added: “In OPEC, the direction is dictated by market conditions, which is what unites OPEC and the wider group of OPEC+, to do whatever is necessary to maintain the market balance.

“Healthy state of the market, which is a balance between supply and demand, is to the benefit of not only the oil producing, but also the oil consuming countries, and the wider global economy.

“I will maintain this course and direction. It is not only me personally, it is all the organisations within OPEC member countries and the wider alliance of the OPEC+ who are interested in maintaining what late Barkindo embarked on in 2016.”

After observing a minute’s silence for the late Barkindo, he described the former OPEC head’s death as tragic, noting that the demise was not only a personal loss, but one that was felt globally.

Al Ghais stated that Barkindo worked for OPEC’s multilateralism and played prominent roles in the dialogue among energy stakeholders around the world and expressed the hope that he would be able to build on the many legacies of the late Nigerian.

“We travelled together for various meetings and occasions related to OPEC, and OPEC+, and Mohammed Barkindo and I were such close personal friends…His death was a tragic day for me. When I woke up at 6am in the morning in Kuwait, and I got a message from one of the governors here representing one of the member countries, I was in disbelief.

“The name Mohammed Barkindo is well known everywhere you go. He was an ambassador for OPEC and for OPEC+. He was a man who worked for cooperation, for multilateralism, for dialogue among everybody and all the energy stakeholders around the world.

“We will ensure his legacy will live on. He has built a lot and I hope to be able to build on it,” he said.

Responding to a question on how he intends to handle pressure from the United States to supply more gas to the global market, Al Ghais noted that he would be willing to sit down with officials from the country to discuss the way forward for the industry.

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Commission, journalists partner to revamp water sector in Kaduna

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The Kaduna State Water Services Regulatory Commission (KADWREC) says it is partnering media practitioners towards revamping water services in the state.

Mr Dogara Bashir, the Executive Chairman of KADWREC, disclosed this on Monday at a one-day workshop organised for media practitioners on regulation of ‘Water, Sanitation and Hygiene’ (WASH) activities held in Kaduna.

Bashir said the commission was aware of the importance of the role media practitioners played in the society.

He stated that the workshop was to provide an avenue to liaise with them as important stakeholders on water supply and sanitation services in the state.

Bashir said: “As media practitioners, we believe you are a gateway to the citizens so, the workshop would acquaint you with some of the regulations already in place so that you can in turn transmit it to the public

“The state of water services in Kaduna State is in dire need of attention and the State Water Corporation and KADWREC were established towards addressing the seeming challenges.

“The commission is mandated to ensure better service delivery and regulation of water and sanitation services in the State.

“The idea is that once the regulations are developed, we send them to the State Ministry of Justice to gazette and then we get the state government to endorse and give the go ahead to commence the implementation of the regulations

“We intend to implement them fully come January, 2025 God willing, as we have embarked on advocacy activities having gone to zones 1 and 2 where we talked to traditional rulers, security agencies and the Judiciary.”

He disclosed that a special Court has already been attached to the commission by the Chief Judge of the State for service providers who may likely violate regulations.

The chairman further said that amongst the commission’s objectives include ensuring security, reliability and quality of service in the production and delivery of water to the consumers as well making regulations to control the sinking of boreholes.

Others included; maximising access to water services by promoting and facilitating consumer connections to distribution systems in urban and rural areas.

According to Bashir, they also include ensuring that regulatory decision-making has regards to all the relevant health, safety, environmental and social legislation applying to the water sector.

Bashir further said that the commission collaborate with the relevant state and federal agencies on water policies.

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Crime

2 ladies docked for allegedly obtaining money by fraud

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The police in Lagos have dragged two women, Mmesuma Ofunna, and Blessing Adimekwe, before an Ojo Magistrates’ Court in Lagos, over alleged obtaining money by false pretence.

Ofunna, 22, and Adimekwe, 25, were arraigned before the Magistrate, Mr L K J Layeni, on a four-count charge bordering on conspiracy, obtaining by false pretence, stealing and conduct likely to breach peace.

They each, however, pleaded not guilty to the charge.

The prosecutor, ASP Simon Uche, told the court that the defendants conspired with others now at large, to commit the offence on Oct. 26 at the Okokomaiko area of Ojo.

He alleged that they had obtained the sum of N70, 000 from one Faith Ahamefule, with a promise not to post her nude photo on social media.

The prosecutor alleged that the defendants later posted the nude photo of the nominal complainant on social media, knowing that their promise was false.

He alleged that they stole the N70, 0000, thereby conducting themselves in a manner likely to breach public peace.

The offence contravenes the provisions of sections 168(d), 287, 314, and 411 of the Criminal Law of Lagos State 2015.

The court granted the defendants bails in the sum of N500, 000 each, with two sureties each in like sum.

He adjourned the case until Jan. 8, 2025 for mention.

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Driver jailed 6 months for attempting to steal a car

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A Jos Magistrates’ Court on Monday, sentenced a 37-year-old driver, Ahmad Umar to six months in imprisonment for attempting to steal a car.

The Magistrate, Shawomi Bokkos, summarily tried and sentenced the convict after he pleaded guilty to the charge.

Bokkos in his judgment, ordered the convict to pay an option of N30, 000 fine or spend six months in prison.

Earlier, the Prosecutor, Insp Ibrahim Gokwat, told the court that the case was reported on Oct. 10, at the Area Command Police station through a distress call by one Sydney Peacemorie the complainant.

Gokwat said the complainant parked his Toyota RAV4 in front of Access Bank and went inside to carry out some transactions, only to return to find the convict inside his car.

“The convict unlawfully opened the car and was in the driver’s seat when the complainant raised alarm and he was apprehended, but his accomplice escaped.

“The convict was severely beaten by a mob but was rescued by the police,” said Gokwat.

“The prosecutor said that the offence contravened the Plateau Penal Code Law.

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