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N’Delta Development, My Priority -NDDC Boss

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The managing Director of the Niger Delta Development Commission, Mr Chibuzor Ogwuoha has said that the Niger Delta region is in dire need of development and that he was poised to institute structures to positively change in the peoples standard of living.
This was the pledge made by the new NDDC Managing Director at a reception organised in his honour by the Senator representing Rivers west Senatorial district, Senator Wilson Asinobiake at his Apo Legislative quarters’ residence over the weekend in Abuja.
President Yar’Adua inaugurated the NDDC Board at the Presidential Villa, Abuja last Friday, with AirVice Marshall Larry Konya (Rtd) as Chairman and Mr. Ogwuoha as Managing Director.
Konya, from Bayelsa State was a former Chairman of the Directorate of Food, Roads and Rural Infrastructure (DFRRI) under the defunct General Ibrahim Babangida regime while Ogwuoha who hails from Ogba/Egbema/Ndoni Local Government Area of Rivers was the Community Relations Manager of ELF.
Speaking at the colourful and well-attended reception, Mr. Ogwuoha said his emergence as the Managing Director of NDDC was the handwork of God and ‘not by might, not by power, not by money; while pledging to emulate Jesus Christ in his administration of the Commission.
According to him, “I can draw inspiration from Jesus Christ who washed the disciples’ feet and say leaders should do likewise”, knowing that the task before him is not an easy one.
He called on the people of the Niger-Delta to support him and his team in executing the task before them, noting that it is not his responsibility alone but that of the entire people of the oil rich region.
“If a Leader is leading and the people are not going along with him, he would not achieve much (but) if all of us agree to move, even the greatest mountains, we will pull down”, he said.
Ogwuoha who believes that there can’t be meaningful development in the region in the absence of peace gave the people of the region a charge on the need to keep the peace so that development could thrive in the next four years of his administration of NDDC.
His words: “I believe that all hands (in the region) must be on deck. We must be able to go back to our communities and tell them (that) where there’s no peace, there can’t be development. You need to buy into the programme of development, then what you’re expecting, you will get more than that”.
Noting that Niger Delta is not the worst place on earth, the new NDDC boss recalled that in the past the region recorded giant strides in food production and was self-sufficient, tasked the region to return to agriculture and feed the people as well as emerge as the nation’s food basket, adding, it was known in the past.
“I know it’s going to be an Herculean task, it’s going to be very difficult but one thing is obvious, if all of us agree to do it together, we will get there”, he said.
He continued “I believe very strongly that the Niger Delta of the past fed our people and that Niger Delta shall feed our people again. We are blessed, we can still make Niger Delta the food basket. Let us all begin to think on how to begin to add value to what we have”.
Ogwuoha challenged prominent sons and daughters of Niger Delta, particularly those from Rivers State and Ogbaland in particular to establish factories that could produce things like pure water, tissue and paper in their localities to engender development since “we cannot all be in oil companies”.
The Managing Director further thanked all those who contributed in no small way in making his new status possible, especially Senator Ake, recalling that “the journey was not an easy one, those who are at the corridor of power know all they went through
… if it is money, I will not be standing before you as the Managing Director of NDDC, I know some people who spent money to get this position but they didn’t succeed”.
“It’s time for us to move forward. With your support, we know we’ll get there. It’s not Chibuzor Ogwuoha that is there, (as NDDC MD) all of us are there. I believe with your commitment, there will be development in Niger Delta and Nigeria .. You’ll help me to succeed,” he emphasised.

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PENGASSAN Tasks Multinationals On Workers’ Salary Increase 

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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has asked companies in the oil and gas sector to undertake urgent review of salaries of their workers in view of the prevailing harsh economic conditions in the country.
Also, the pensioners of Chevron Nigeria, under the aegis PenCoN, have lauded the President of PENGASSAN, Comrade Festus Osifo and his executive on their unrelenting efforts toward addressing pension abnormalities faced by retired workers in the oil and gas industry.
The association also appealed to the federal government to take necessary measures to check banditry and terrorist activities in parts of the country.
PENGASSAN President, Osifo who addressed journalists shortly after the National Executive Council meeting of the association in Abuja, at the weekend, said that though a lot of success has been recorded in negotiating salary reviews for its members, there are still organisations that have failed to lift their workers from the present harsh economic situation.
He said within this period, PENGASSAN has signed numerous Collective Bargaining Agreements (CBAs) which has brought smiles to the faces of its teeming members.
“This is because we recognise that our job, literally, is how to protect the job of our members, and how to enhance their pay,” he said.
Osifo said that operators in the oil and gas sectors always go for the best qualified professionals to carry out their operations.
“So, the same way they recruit the best, we also challenge them to provide the best condition of service and provide the best remuneration.
“Yes, today, a lot of companies will have achieved successes, but there are still few that we are still discussing at their CBAs, that we are not yet there.
“We still use this opportunity to call on these companies that are still foot dragging, that are still holding back, even with the massive devaluation that has occurred in our country, that still don’t want to fix the remuneration of our members.
“We are calling on them to do the needful, because for us in PENGASSAN we will push without holding back. We will push, using everything in our arsenal, to ensure that the needful is done,” he said.
Osifo spoke of the dispute with the Dangote Refinery group, saying there are still pending issues to be resolved.
“Gentlemen of the press, during the networking session, we also looked at the issues that are plaguing some of our branches, and you know that recently, we had some challenges in Dangote Refinery and PetroChemicals Ltd.
“And within this period, since our last National Industrial Action, we have been engaging them in a lot of conversations, but the issues are not fully resolved. There are still a lot of pending issues.
“Yes, the NEC decided that, yes, let us still consummate that process by pushing those issues, by engaging in dialogue to resolve the issues, and by also engaging all our social partners and stakeholders to get the issues resolved,” he said.
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SEC Unveils Digital Regulatory Hub To Boost Oversight Across Financial Markets

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The Securities and Exchange Commission (SEC) has launched the Regulatory Hub, a new centralized digital platform designed to streamline collaboration, strengthen oversight, and improve transparency across Nigeria’s financial and capital market ecosystem.
The Commission disclosed this in a statement posted on its website.
According to the commission, the platform connects key regulatory and security institutions including the Office of the National Security Adviser (NSA), the Central Bank of Nigeria (CBN), Economic and Financial Crimes Commission (EFCC), Federal Inland Revenue Service (FIRS), and Corporate Affairs Commission (CAC), enabling them to exchange information securely and in real time.
The launch of this regulatory hub comes ahead of the implementation of new tax laws in January 2026, with agencies such as the FIRS spreading its tentacles across sector to monitor compliance.
According to the SEC Director-General, Emomotimi Agama, the launch marks a significant step toward modernizing Nigeria’s regulatory framework through technology.
“The Regulatory Hub is a major step in our commitment to leverage technology for stronger regulatory synergy. By connecting regulators on one platform, we are building resilience, enhancing market integrity, and promoting investor confidence,” he said.
The SEC said the platform would help reduce bottlenecks in regulatory processes and facilitate faster, more informed decision-making across agencies.
Reinforcing the DG’s comments, the Executive Commissioner, Operations, Bola Ajomale, highlighted the operational benefits of the new system.
“The platform will significantly improve the timeliness and quality of regulatory decision-making. It provides a single window for regulators to share data, respond to requests, and collaborate seamlessly in safeguarding our financial and capital markets,” he said.
The commission believes the Regulatory Hub would support its broader mandate to strengthen investor protection, enhance market stability, and harmonize regulatory activities across the financial sector.
It urged stakeholders to initiate interest by emailing the Commission, adding that once registered, participants would be able to access the Hub and take advantage of its features.
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NAFDAC Decries Circulation Of Prohibited Food Items In markets …….Orders Vendors’ Immediate Cessation Of Dealings With Products 

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The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing circulation of banned food products across markets in the country.
The agency, in a Press Release dated 6 December 2025, warned that these items including pasta, noodles, sugar and tomato paste are expressly listed on the Federal Government’s Customs Prohibition List and are illegal to import.
NAFDAC stated that the sale and distribution of such prohibited items violate national trade laws, compromise the integrity of Nigeria’s food control system, and pose significant public health risks, as they have not undergone the agency’s mandatory safety and quality evaluations.

Importers, market traders, and supermarket operators have therefore, been directed to immediately cease all dealings in these items and to notify their supply chain partners to halt transactions involving prohibited products.

The agency emphasized that failure to comply will attract strict enforcement measures, including seizure and destruction of goods, suspension or revocation of operational licences, and prosecution under relevant laws.

The statement said “The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing incidence of smuggling, sale, and distribution of regulated food products such as pasta, noodles, sugar, and tomato paste currently found in markets across the country.

“These products are expressly listed on the Federal Government’s Customs Prohibition List and are not permitted for importation”.

NAFDAC also called on other government bodies, including the Nigeria Customs Service, Nigeria Immigration Service(NIS) Standards Organisation of Nigeria (SON), Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigeria Shippers Council, and the Nigeria Agricultural Quarantine Service (NAQS), to collaborate in enforcing the ban on these unsafe products.

By: Lady Godknows Ogbulu
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