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NNPC, Petrobras Seal Pack On Petroleum Refining

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15 years ago

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The Nigerian National Petroleum Corporation (NNPC) has concluded plans to be an exporter of refined petroleum products, under a strategic partnership with Brazil’s oil giant- Petrobras.

Already, NNPC has targeted United States of America, Brazil and some other parts of the world as its market for the value-added products.

Indeed, the oil company, which had been a leading exporter of crude oil in Africa, said the new focus would bolster its revenue base, on a sustainable basis.

The Group Managing Director of NNPC, Mr Austen Oniwon, who made this known to newsmen  in Brasilia, Brazil, said his organisation had since indicated its interest to invest in Petrobras’s plan to expand its refinery in Texas, U.S., from 100,000 barrels to 200,000 barrels per day.

“We indicated to them our interest to partner with the company to have an outlet into American market instead of exporting just crude to the American market.”

“We can take Nigerian crude, which is also going into American market anyway, into this refinery, process and sell as value added product into the American market.”

“This is something that is going to be beneficial to NNPC and Nigeria as a country,” he said.

Oniwon further said that the NNPC and Petrobras had concluded discussions to enter into a marketing and trading, gas and power development as well as research and development.

He said officials of Petrobras would be coming to Nigeria in February to sign a Memorandum of Understanding (MoU) with the NNPC for the take off of the partnership.

“They (Petrobras) hope that we will be able to jointly explore the vast hydro carbon  deposit in Nigeria, especially in the deep offshore  since the MoU is going to embrace worldwide operations.

“As partners, we will be able to join Petrobas to operate in their businesses and share their assets outside Nigeria,” he added.

Oniwon expressed hope that the MoU would also enable Nigeria to develop its gas sector, for the smooth operation of the various power plants being constructed in the country.

According to him, President Goodluck Jonathan has focused on the development of power plants in Nigeria and most of these would be driven by gas.

He, therefore, stressed the need for Nigeria to develop its gas sub-sector, primarily for domestic consumption to power the power sector.

Oniwon also said he was optimistic that the MoU would address the challenges of infrastructural deficiencies in the nation’s oil and gas sector.

“We need partners because the infrastructure that is going to deliver this gas to the various power plants is inadequate at the moment and their provision is going to cost a lot of money.

“But with the new government policy whereby the cost of power has been reviewed upward, it has made business and investments in gas project very lucrative

“We believe that Petrobras will be eager to join with NNPC to develop the gas resources primarily for domestic use and for export because they are also short of gas in Brazil,” he said.

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NPA Assures On Staff Welfare 

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1 week ago

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June 27, 2025

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The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has said the management will continue to accompany its port infrastructure  and equipment  modernization drive  with the development of the welfare of its personnel.
Dantsoho made the disclosure recently while responding to the commendation by the Maritime Workers Union (MWUN) and the senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASGOC) on the  clearing  of the age-long problem of employee stagnation, when the union paid him a courtesy visit at the Authority’s headquarters in Lagos.
A Statement by NPA’s General Manager Corporate & Strategic Communications, Mr. Ikechukwu Onyemekara, quoted Dantsoho as saying,  “our Port infrastructure and equipment modernization drive will go hand-in-hand with continuous staff welfare improvement”.
The NPA MD disclosed that human capital development constitutes the key strategy for creating and sustaining superior performance under his watch, adding that “talent development constitutes a critical success factor for the actualization of the big hairy audacious goals we have set for ourselves especially in the area of Port competitiveness.
“The only way we can meet and indeed exceed stakeholders’ expectations is to deepen the competencies of our human resources assets and boosting their morale.”
Speaking further, Dantsoho commended the Honourable Minister of Marine & Blue Economy, Adegboyega Oyetola, for approving the strategic proposal of the Dantsoho-led Management team that solved the over a decade-long problem of lack of promotion that had fuelled industrial disharmony.
“I must specially appreciate our amiable Minister for graciously approving the multi-pronged stratagem we deployed that cleared all outstanding cases of employee stagnation by conducting examinations in one fell swoop and instituted timelines to forestall a recurrence of such anomaly”, he sad.
Speaking on behalf of the joint maritime labour unions, the President  of Senior Staff Association of Statutory Corporations & Government-Owned Companies (SSASCGOC), Comrade Bodunde stated, “In addition to clearance of the backlog of stagnated promotions, we also wish to express our appreciation for the increase in productivity bonuses, provision of end-of-year welfare packages for staff, and the revision of the Financial Guide to the Condition of Service, which now addresses our members’ concerns about inflationary pressures.”
Nkpemenyie Mcdominic, Lagos
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ANLCA Chieftain Emerges FELCBA’s VP

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1 week ago

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June 27, 2025

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National Secretary of the Association of Nigerian Licensed Customs Agents (ANLCA), Elder Olumide Fakanlu, has been elected Vice President of the Federation of ECOWAS Licensed Customs Brokers Association (FELCBA).
The election took place during the FELCBA Congress, held from Tuesday, June 17th to Thursday, June 19th, 2025, in Freetown, Sierra Leone.
Fakanlu’s emergence as Vice President marks a significant achievement for Nigeria within the regional customs brokerage community.
Apart from Fakanlu, Secretary of the Seme Chapter of ANLCA, Austin Nwosu, was also elected, securing the role of Secretary of Relations with Institutions.
The Nigerian delegation played an active role in the congress, with Michael Ebeatu nominated as a member of the electoral officer team, ensuring a fair and transparent election process.
The three-day congress concluded with delegates undertaking a visit to the Sierra Leone Port, offering insights into the host nation’s maritime operations, followed by a recreational trip to the Tokeh Beach.
The newly elected executives are expected to lead FELCBA in its efforts to harmonize customs brokerage practices, promote trade facilitation, and advocate for the interests of licensed customs brokers across the ECOWAS sub-region.
Nkpemenyie Mcdominic, Lagos
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NSC, Police Boost Partnership On Port Enforcement 

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June 27, 2025

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In a bid to enhance more enforcement in the nation’s Port, the Nigerian Shippers’ Council (NSC) has reaffirmed its commitment to stronger inter-agency collaboration with the Nigeria Police Force (NPF).
The Council said the collaboration is aimed at enhancing stronger enforcement, compliance and improve operational efficiency across Nigeria’s ports.
Executive Secretary/Chief Executive Officer of  NSC, Dr. Pius Akutah, made this known during a visit to the  Inspector-General of Police, Dr. Kayode Adeolu Egbetokun, at the Force Headquarters, Abuja.
The visit, which he said, focused on strengthening institutional synergy, comes in the wake of growing responsibilities for the NSC under the newly created Ministry of Marine and Blue Economy.
Akutah emphasized the critical role of security agencies in supporting port operations and ensuring regulatory compliance.
He called for the posting of police officers to assist the Council’s monitoring and enforcement teams at key port locations including Lagos, Warri, Onne, Port Harcourt, and Calabar.
“The posting will complement the activities of our revived task teams and enhance our ability to enforce standards across the maritime logistics chain”, he said.
Earlier, the Inspector-General of Police, Dr. Egbetokun, assured the Council of the Force’s readiness to continue supporting the growth of the maritime sector.
The IGP acknowledged that compliance enforcement is essential to the successful implementation of Nigeria’s Blue Economy objectives.
“The NSC and NPF are expected to deepen collaboration in the months ahead, with a shared focus on building a secure, efficient, and competitive port environment”, to the IGP emphasized.
Chinedu Wosu
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