By Nnamdi Odumody

According to the Nigerian National Petroleum Corporation December 2018 monthly report, Nigeria lost $295 million as a result of shut down in production linked to leaking pipelines which carry crude oil from oil wells to flow stations in the Niger Delta.

The Bonny Terminal was shut down for two days due to pipeline leakages with a loss of about 26,000 barrels per day, worth $1.4 million, while at Okoloma and Imor facilities, 16,000 barrels per day for five days were lost due to planned maintenance.

Brass Creek and Trans Ramos pipeline which had been shut down, since April 24^th 2018, due to leaks in a creek flowing into Odimodi resulted in a loss of 35,000 barrels per day production into Forcados terminal.

About 2,730,000 barrels worth $156million were lost when the Akpo terminal was shut down for 26 days for full field maintenance, the Usan terminal lost 1,299,000 barrels due to north loop pigging scheduled downtime, and also maintenance activity for a period of 2-13 days.

More so, 340,000 barrels worth $19million were lost on Brass terminal as Addax shut in production for four days due to operational issues while it stopped delivery into the Nigerian Agip Oil Company facility due to leakages in November. The Qua Iboe terminal witnessed a 12 day shutdown in Asabo & Ekpe field due to Distributed Control System|Electronic Safety Shutdown System (ESSDS) upgrade which caused a loss of over 568,000 barrels worth $32 million while the Abo terminal was shut down for nine days maintenance, resulting in another loss of 108,000 barrels worth $6.1 million.

The Okwuibome field at Tulja terminal was closed for the whole month of October due to flooding at Beneku flow station which resulted in a loss of 22,000 barrels per day, worth $1.2million.

The NNPC needs to adopt Smart Connected pipeline technologies such as drone monitoring, distributed acoustic sensing, robotics, blockchain and 3D printing which will help in optimization for efficient pumping activities from its oil wells to flow stations. This should be supported with predictive maintenance of pipelines in real time, monitoring equipment failure and leakages, monitoring pipe thickness, temperatures and erosion, detection of cracks in pipelines and corrosion to minimize losses which leaking pipelines cause the Nigerian economy in crude oil earnings.

This is one way it can become profitable like peers like Saudi Aramco: “No one knows how much NNPC makes but we do know that Saudi Arabia’s equivalent of NNPC, Aramco, is making real money: Arambo generated $111 billion for the kingdom in 2018!”

It is really hard – typos mess people up. There are red faces after $2.3 billion worth of currency has a misprint of the word “responsibility” in the banknote’s ‘micro-text. Australian treasury people will never forget the spelling of responsibility again: the Australian $50 note, printed 46 million times, used “responsibilty’ [sic].

46 million of Australia’s new $50 notes have been printed with a typo, the Reserve Bank has confirmed.

The “new and improved” $50 banknote was rolled out in October last year, with a host of new technologies designed to improve accessibility and prevent counterfeiting.

But the yellow note also contains a typo that misspells the word “responsibility”.

[…]

The small error occurred on Cowan’s side, in the text of her speech.

“It is a great responsibilty [sic] to be the only woman here, and I want to emphasise the necessity which exists for other women being here,” it says.

Central Bank of Nigeria Governor Godwin Emefiele returns – President Muhammadu Buhari has nominated him for second term, Vanguard reports. My big congratulations to Governor Emefiele.

President Muhammadu Buhari has nominated Godwin Emefiele for a second term in office as governor of the Central Bank of Nigeria (CBN), reports have revealed. Vanguard recalls that Godwin Emefiele was first appointed in 2014 by former president Goodluck Jonathan and was retained by Buhari when he came to power in 2015.

It was gathered Thursday morning that the President has sent a letter nominating the CBN governor for another term to the Senate President in line with the CBN Act. Emefiele, 57, was the group managing director of Zenith Bank Plc. Before he was appointed in 2014 by Former president Jonathan.

They have changed the venue of the LinkedIn Local Lagos event to a larger one. I will be speaking therein on Saturday. This will be a conversation on career, accumulation of capabilities, and executing your mission. It is not about just money – rather, creating optimal equilibrium to have a fusion of passion and fulfilling career. The luckiest among us are those whose hobbies are their jobs. What is your mission? How do you discover it? What drives that passion? How can that passion pay the bills? I hope to make good use of your attention on Saturday. Click and let us connect, in the beautiful Lagos.

Greetings! Many came from all over the nation to connect at the Platform. But it was not possible. To make up, I have accepted to keynote LinkedIn Local Lagos on May 11. Let me say that my role is simply to come there, and speak, and possibly inspire some young people. Send all questions to Kayode and his team. There is a link to register to attend the event.I will arrive early with my team and will try to meet as many as possible.

Venue is now  SATURDAY, MAY 11, 2019. 11AM   |RADISSON BLU ANCHORAGE HOTEL, VICTORIA ISLAND, LAGOS

Global premier mobile phone brand TECNO Mobile has announced plans at Google IO 2019 which will see its SPARK 3 Pro running on Android™ P™ operating system upgrade to join Q Beta this May.

Stephen HA, Vice President of TRANSSION and GM of TECNO Mobile, said: “We are delighted to announce our further expansion of cooperation with Google. This year, with upcoming Android™ Q system, TECNO SPARK 3 Pro will upgrade and provide the users with a faster Q upgrade. “

TECNO Mobile has presence in more than 60 countries across the globe. It is now one of the major players worldwide. Its SPARK 3 Pro is a 4G smartphone with AI Bright Camera and 32GB ROM + 2GB RAM. With Android™ optimized OS, it can offer consumers several benefits including:

• Align user behaviors: Intelligent camera powered by AI Engine to be able to learn user behaviors including users’ habits, users’ intents…
• Biological recognition features: SPARK 3 can recognize different face features and give the most suitable level of “re-touch” and “lighting” automatically to your photos;
• Protect user privacy: Users will have more control over app access to location info, shared files and repositories like photos and videos. TECNO SPARK 3 Pro users can set up your personal APP “invisible” from your mobile phone desktop
• AR stickers: by leveraging better connectivity and media capabilities, TECNO SPARK 3 Pro users can create AR stickers to enjoy fun communications
• Dark Theme: One of our most requested features, Android Q now has a system-wide Dark Theme. Activate Dark Theme in Settings, or by turning on Battery Saver. Dark Theme also helps save battery.
• Gesture Navigation: Introducing a new gesture-based navigation so you can fluidly move between tasks, and maximize the use of larger, edge to edge glass screens.
• Suggested actions in notifications: Building off of Smart Reply in Android 9 Pie, you can now take action on messages with suggested actions in notification. For instance, adding an event to your Calendar from a text message.
• Prioritized notifications: With Android Q, you can choose whether an app’s notifications are interruptive or gentle. Interruptive notifications will make noise, vibrate, and appear on your lock screen, whereas gentle ones will not. Android Q also introduces algorithms to automatically determine whether notifications should be interruptive.