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Shell, Local Firm Sign First Seismic Contract

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As part of efforts to consolidate implementation of policies to build in-country capacity to grow the oil and gas industry, Shell Companies in Nigeria (SCiN) and CB Geo-Solutions, an indigenous firm, last Friday, signed the first-ever contract for the acquisition and development of 3D seismic data services to boost oil and gas development and production in the Niger Delta.
Speaking shortly after signing the contract on behalf of SCiN, General Manager, Development, Bayo Ojulari, praised CB Geo-Solutions for blazing the trail in such a strategic field where only international oil companies (IOCs) had dominated in the past, and assured that if the trend is sustained, local companies may soon surpass the IOCs in providing quality seismic data services for the industry.
Ojulari said that as a top player in global oil and gas industry, Shell would continue to provide level-playing field for all companies, irrespective of domiciliation, to contribute to the development of Nigeria’s oil and gas sector, noting that companies like CB Geo-Solutions which excel in delivering quality services would continue to get support to prove their capabilities.
He cautioned the firm to pay priority to issues of HSSE, and play by acceptable industry rules, saying that diligence, accountability and transparency, commitment and honesty in all its activities would help sustain the momentum, and open the floodgates for more rewarding opportunities.
The general manager said that CB Geo-Solutions has proven that it can compete favourably with any IOCs which specialize in seismic data acquisition and development, and encouraged it to explore opportunities in other oil and gas fields in Africa, where IOCs control seismic data acquisition and management, for more breakthroughs.
In his remarks, General Manager, Nigerian Content Development (NCD), Igo Weli, said that Shell was leading the advocacy for local content development because of its conviction that the active participation of Nigerians in the industry would fast-track economic growth and engender sustainability by creating more jobs, empowering businesses and the people while at the same time securing the stability and security of the nation.
Weli expressed the hope that the emergence of CB Geo-Solutions as a certified pre-sack migration of 3D seismic data services provider for a major oil and gas player, Nigerian economy would soon galvanise potential resources available to drive sustainable development, and emphasized the need to increase local capacity and capability to support the industry grow.
Chairman, CB Geo-Solutions, Dr Bank Anthony Fubara, who also signed for the company, expressed satisfaction with Shell for making his dream of Nigerian companies participating as players in strategic areas of the industry a reality, saying that the Nigerian Society of Engineers (NSE) and Petroleum Technology Association of Nigeria (PETAN), have over the years relentlessly partnered Shell to achieve this goal.
Fubara, a one-time NSE and PETAN president, thanked Shell for the opportunity given CB Geo-Solutions to compete with leading industry players in seismic data acquisition and studies, and challenged other IOCs to emulate Shell by encouraging local companies to participate actively in the development of the industry.
Managing Director, CB Geo-Solutions, Chidiebere Offor, assured consolidation of gains already made by excelling in delivering quality jobs, saying the company would use the window provided by the one-year call-off contract to prove that indigenous companies can deliver internationally-acceptable quality seismic data services at reduced cost and time.
In their separate remarks, Shell Manager, Geo-Solutions, Sam Ezugworie, and Chief Geophysicist, Reginald Mbah, said CB Geo-Solutions exceeded expectations by professionally delivering, in record time, high quality 3D seismic data provided them as test study, noting that it was that feat that encouraged Shell to award the first-ever seismic data acquisition contract to an indigenous firm.

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FG Ends Passport Production At Multiple Centres After 62 Years

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The Nigeria Immigration Service has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.

Minister of Interior, Dr Olubunmi Tunji-Ojo, disclosed this yesterday while inspecting Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja.

He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.

“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.

He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.

“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.

 “We promised two-week delivery, and we’re now pushing for one week.

“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.

He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.

Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.

He said the centralised production system aligned with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for better service delivery.

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FAAC Disburses N2.225trn For August, Highest In Nigeria

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The Federation Account Allocation Committee (FAAC) has disbursed N2.225 trillion as federation revenue for the month of August 2025, the highest ever allocation to the three tiers of government and other statutory recipients.

This marks the second consecutive month that FAAC disbursements have crossed the N2 trillion mark.

The revenue, shared at the August 2025 FAAC meeting in Abuja, was buoyed by increases in oil and gas royalty, value-added tax (VAT), and common external tariff (CET) levies, according to a communiqué issued at the end of the meeting.

Out of the N2.225 trillion total distributable revenue, FAAC said N1,478.593 trillion came from statutory revenue, N672.903 billion from VAT, N32.338 billion from the Electronic Money Transfer Levy (EMTL), and N41.284 billion from Exchange Difference.

The communiqué revealed that gross federation revenue for the month stood at N3.635 trillion. From this amount, N124.839 billion was deducted as cost of collection, while N1,285.845 trillion was set aside for transfers, interventions, refunds, and savings.

From the statutory revenue of N1.478 trillion, the Federal Government received N684.462 billion, State Governments received N347.168 billion, and Local Government Councils received N267.652 billion. A further N179.311 billion (13 per cent of mineral revenue) went to oil-producing states as derivation revenue.

From the distributable VAT revenue of N672.903 billion, the Federal Government received N100.935 billion, the states received N336.452 billion, while the local governments got N235.516 billion.

Of the N32.338 billion shared from EMTL, the Federal Government received N4.851 billion, the States received N16.169 billion, and the Local Governments received N11.318 billion.

From the N41.284 billion exchange difference, the Federal Government received N19.799 billion, the states received N10.042 billion, and the local governments received N7.742 billion, while N3.701 billion (13 per cent of mineral revenue) was shared to the oil-producing states as derivation.

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KenPoly Governing Council Decries Inadequate Power Supply, Poor Infrastructure On Campus

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The Governing Council of Kenule Beeson Saro-Wiwa Polytechnic, Bori, has decried the inadequate power supply and poor state of infrastructural facilities and equipment at the institution.

The Council also appealed to the government, including Non-Governmental Organisations, agencies, as well as well-meaning Rivers people to intervene to restore and sustain the laudable gesture, dreams and aspirations of the founding fathers of the polytechnic.

The Chairman of the newly inaugurated Council, Professor Friday B. Sigalo, made this appeal during a tour of facilities at the  Polytechnic, recently.

Accompanied by members of the team, Prof Sigalo emphasised the position of technology, technical and vocational education in sustainable development.

He noted that with the prospects on ground, and the programmes and activities undertaken in the polytechnic, there is no doubt that the institution would add values to the educational system in our society and foster the desired development, if the existing challenges are jointly tackled.

This was contained in a statement signed by Deputy Registrar, Public Relations, Kenpoly,  Innocent Ogbonda-Nwanwu, and made available to The Tide in Port Harcourt.

The chairman who restated the intention of his team of technocrats to ensure that KenPoly enjoys desirable face-lift, said the Council would deliver on its core mandates, accordingly.

Earlier, the Rector, KenPoly Engr. Dr. Ledum S. Gwarah, commended the appointment of Professor Friday B. Sigalo as Chairman of the KenPoly Governing Council.

He described him and his team as seasoned technocrats and expressed confidence in their ability to succeed.

The Rector pledged the management’s support to the Council to ensure that KenPoly resumes its rightful place in the comity of polytechnics in the country.

Facilities visited by the Governing Council include KenPoly workshops, laboratories, skills acquisition centre, library, hostels and medical centre.

 

Chinedu Wosu

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