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21 Chinese Firms To Invest In Rivers

L-R: Vice-Chairman, All Progressives Congress (APC), Lagos State, Mr Abiodun Adeseye, representative of Senator Oluremi Tinubu, Mrs Anike Adekanye and Minority Leader, House of Representatives, Rep. Femi Gbajabiamila, at the handover of N15 million solar-powered borehole projects executed by Rep. Gbajabiamila in Lagos last Monday.
Twenty-one Chinese companies have indicated interest in the development of potentials in oil and gas sector in Rivers State.
Reacting to the development, Governor Chibuike Amaechi of Rivers State described the action of the Chinese companies as a welcome development that would benefit Rivers State, Nigeria and China as they partner for mutual benefit.
Governor Amaechi, who was represented by the state Commissioner for Energy, Hon Okey Amadi at a one-day summit organised by the Shell Petroleum Development Company of Nigeria (SPDC) in Port Harcourt last Wednesday for Chinese vendors and Nigeria suppliers, noted that China as one of the fastest growing economies in the world, has a lot to benefit in exploiting the abundant oil and gas resources in the state and Nigeria.
“We are happy because the state government, SPDC, Nigerian businessmen and Chinese investors have a lot to benefit from this partnership,” he said, noting that it is a collaboration that would provide employment opportunities to the people as well as fasten Nigeria’s industrialisation initiative.
He stated that Rivers State has become one of the most peaceful states in Nigeria, and assured foreign investors of security and conducive business atmosphere, just as he also promised to provide land for construction of plants to facilitate technology transfer.
Managing Director of SPDC and Country Chair of Shell Companies in Nigeria, Mutiu Sunmonu, said the summit was one of SPDC’s numerous events designed to stimulate Nigerian manufacturing industrial base in support of the oil and gas industry through vendor/supplier development.
The MD restated that as Nigeria’s first oil and gas company, SPDC has a long and continuing commitment to Nigeria.
“In addition to helping the country unlock its energy resources, one of the best ways we have delivered on that commitment is to increase the participation and capability of Nigerian companies and individuals in our supply chain operations”, Sunmonu said
Sunmonu remarked that the summit was particularly aimed at stimulating the development of mutually beneficial partnerships between Chinese suppliers and Nigerian vendors to produce and build greater in-country manufacturing capacity.
Describing the theme of the summit, “ Stimulating Oil and Gas Value Chain Through Partnership and Collaboration,” as apt, Sunmonu said in spite of some challenges, Nigeria remains the investment destination of choice in Africa, and urged the Chinese investors to see the enormous offshore investment potentials, support and incentives available in Nigeria.
The summit attracted over 21 foreign investors, 300 Nigerians companies in the areas of pipelines, well engineering, power generation, electric power cables, chemicals and automobiles, to name but a few.
Also in attendance were Nigerian Immigration Services, Nigeria Capital Development Board, Nigeria Export Development Board, Petroleum Technology Association of Nigeria (PETAN), the Port Harcourt Chamber of Commerce, Industries, Mines and Agriculture (PHACCIMA), Nigeria Export Promotion Council, amongst other stakeholders.
Highlight of the event was the networking and breakout sessions which provided a broad opportunity of business interactions between the Nigerian businessmen and foreign investors to negotiate and explore business ideas and take-off points.
While one of the Chinese investors, Tom Tang, MD of Kingle Group Ltd views the summit as a wonderful opportunity to explore business potentials, a Nigerian business man, Osiano Enigwana, COE of L. Enigwana and Company said it opens a link between locals and foreigners, and urged its sustenance.
Chris Oluoh
News
COAS Tasks Troops To Dominate Battlespace, Intensify Offensive In N/Central
The Chief of Army Staff (COAS), Lt.-Gen. Waidi Shaibu, has tasked troops of Operation SAVANNAH SHIELD to dominate the battlespace and intensify offensive operations against kidnappers, bandits and other criminal elements in the North Central region.
Shaibu gave the directive yesterday during his maiden operational visit to the Headquarters, Joint Task Force North Central (JTF-NC), at Sobi Barracks, Ilorin.
This is contained in a statement by the Acting Director, Army Public Relations, Col. Appolonia Anele, in Abuja, yesterday.
Shaibu said the Nigerian Army would remain resolute in its constitutional responsibility of safeguarding lives and property, stressing that troops must sustain pressure to decisively deny criminal elements freedom of action.
He assured personnel of continued deployment of combat enablers and operational resources to enhance clearance operations and dismantle criminal hideouts across Kwara and Niger states.
The COAS reaffirmed his commitment to troop welfare, noting that improved welfare remained critical to sustaining morale, operational effectiveness and combat readiness.
He urged the troops to remain disciplined, professional and loyal to the Constitution and the democratically elected government.
Earlier, the Theatre Commander, JTF-NC Operation SAVANNAH SHIELD, Maj.-Gen. Yakubu Yahaya, commended the COAS for his strategic leadership and support.
Yahaya assured that troops would remain committed and steadfast in restoring peace and stability in the region.
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Navy Upgrades Training, Infrastructure To Tackle Security Threats
The Nigerian Navy says it is expanding training and infrastructure to address emerging security threats and strengthen operational efficiency across formations and units nationwide.
The Chief of Naval Staff, Vice Adm. Idi Abbas, spoke during the inauguration of projects at the Nigerian Navy Basic Training School (NNBTS) in Onne, Rivers as part of activities marking the Nigerian Navy’s 70th anniversary.
Abbas, represented by the Flag Officer Commanding, Naval Training Command (NAVTRAC), Rear Adm. Ebiobowei Zipele, said the projects reflected significant progress made by the navy since its establishment in 1956 from the British Royal Navy.
“Training and infrastructure have improved significantly to meet contemporary security challenges and fulfil the navy’s constitutional responsibilities.”
According to him, the anniversary provides the navy an opportunity to reflect on its achievements and contributions over the past seven decades.
Projects inaugurated included a remodelled female trainees’ hostel accommodating more than 500 occupants and an expanded golf course upgraded from one to nine holes.
Others were the NNBTS fuel dump, Chief Boatswain’s Mate House, renovated pharmacy department and a new theatre block at the Naval Medical Centre, Onne.
Abbas described the new theatre as a major milestone for the navy’s medical services.
“Previously, injured personnel requiring surgeries were referred outside the facility.
“With this theatre, surgeries can now be conducted within the base.’’
He added that a 30KVA inverter had also been installed to guarantee uninterrupted electricity supply at the training school.
The naval chief assured officers, ratings and trainees that the navy leadership remained committed to their welfare and wellbeing.
“These infrastructure upgrades show the commitment of the Chief of Naval Staff to addressing operational and welfare challenges promptly,” he said.
In addition, NAVTRAC distributed educational materials to pupils of Community Primary Schools One and Two, Ogale, in Ebubu-Eleme area of Rivers.
Items distributed included exercise books, school bags and other writing materials as part of the navy’s civil-military engagement initiative.
Zipele said the outreach was designed to strengthen relations between the navy and host communities while supporting children’s education.
“Education remains critical to national growth and youth empowerment. Some of these pupils may eventually serve in the Nigerian Navy,” he said.
He noted that the initiative demonstrated the navy’s commitment to educational development, peace, security and sustainable community relations.
Zipele urged the pupils to remain disciplined, focused and committed to their studies while embracing patriotism, integrity and hard work.
He thanked the Ebubu community for its continued support for the naval training command headquarters and the navy.
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