Business

Stakeholders Endorse SNEPCo’s Global Nigeria Forum

Published

8 years ago

October 9, 2017

Public and private sector players in the Nigerian oil and gas industry have described the annual Global Nigeria Forum (GNF) as a model worthy of emulation by the country’s local content regulator.
They spoke at the fourth edition of the forum held in Aberdeen, Scotland with the theme: “Enabling Competitive Local Content Through Sustainable Partnerships”.
The forum, a brainchild of Shell Nigeria Exploration and Production Company (SNEPCo), the deep-water arm of Shell Companies in Nigeria, aims to strengthen local content in offshore exploration by opening the opportunity space to Nigerian professionals in Europe, particularly in the United Kingdom.
In his keynote address, Executive Secretary, Nigeria Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote, described the annual event as a huge success, according to a statement by Shell Spokesperson, Nigeria, Bamidele Odugbesan, made available to The Tide indicated.
“I am happy to see growth in a partnership that has continued to build capacity without compromising standards,” the statement added.
Chairman of the Local Content Committee of the House of Representatives, Mr Emmanuel Ekong, who led some other members of the National Assembly to the 2017 forum, proposed the takeover of the organisation of the forum by NCDMB.
According to Ekong, saddling the local content agency with the ownership of GNF will ensure ‘inclusion of other international oil companies for greater impact and access to support from the Nigerian parliament’.
“This forum is unique and germane particularly at this time of the low oil price regime, and it aligns with the recent NNPC policy to increase participation of the private sector while attracting the right people with the right technology into the Nigerian oil and gas industry,” said the Exploration Manager, Nigeria National Petroleum Corporation, Mr Marcel Amu, who represented the national oil company.
In his remarks, President of Council for the Regulation of Engineering in Nigeria (COREN), Mr Kashim Ali, pledged the continued support of his organisation to the forum, and asked participants to take advantage of COREN’s new accreditation procedure for Nigerian professionals outside the country.
Reacting to the endorsement of the forum and the successes of the initiative in the last four years, Managing Director of SNEPCo, Mr Bayo Ojulari, acknowledged the support of NNPC, NCDMB, National Petroleum Investment Management Services, and the co-venture partners – Total, NAE and Esso – in the strides by SNEPCo and called for continued support and collaboration to further unleash the country’s huge deep-water potential to build a better Nigeria with stronger economy for now and the future.
Ojulari, who was represented at the forum by SNEPCo’s Acting General Manager, Nigerian Content Development, Mr Austin Uzoka, said, “Nigeria’s deep-water outlook indicates a high volume of activity in the building of FPSOs and drilling of new high performance wells with cutting edge sixth and seventh generation drilling rigs delivering unprecedented schedule optimisation.
SNEPCo obviously has blazed the trail here and would continue its strive to be the best-in-class deep-water energy company generating top-end employment and boosting local capabilities.
“As a Nigerian engineer, nothing makes me happier than seeing indigenous vendors and service providers break new grounds and play up to the international stage in engineering and other seemingly complex jobs.”
Those present at the forum included the Chairman of the House of Representatives Committee on Finance, Mr Jones Onyereri; Chairman of Nigerians in Diaspora (NIDOE) North UK, Dr Paul Eke; General Manager for Contracting and Procurement, Shell Nigeria and Gabon, Mr Antony Ellis and his counterpart for the UK, Mr Anthony Makenna.

Susan Serekara-Nwikhana

Business

Agency Gives Insight Into Its Inspection, Monitoring Operations

Published

3 days ago

January 12, 2026

The Tide

The Director, South South Zone National Agency for Food Drug Administration and Control (NAFDAC), Pharmacist Chujwuma P.Oligbu has said its thorough implementation of its core mandate of monitoring has no link with witch-hunting or fault finding as perceived at some quarters.

Oligbu, made this known when he spoke as as guest at the maiden Rivers state Supermarkets stakeholders’ Seminar/Workshop in Port Harcourt recently.

Rather, he said they were mere opportunities for education, correction and continuous improvement.

The Agency’s South South Boss, noted that Supermarket operators who maintain transparent records, cooperate during inspections, and promptly address identified gaps demonstrate professionalism and commitment to public health standard.

He listed the deserving essence of supermarket operation to include the key aspects of supermarket operation that deserves emphasis is product sourcing.

“Supermarkets must ensure that all regulated products stocked on their shelves are duly registered with NAFDAC and sourced from legitimate manufacturers or distributors”, he said .

According to him, the presence of unregistered, expired, counterfeit, or improper labelled products undermines consumer confidence and poses serious health risks.

He pointed out that such has the likelihood of exposeing supermarket operators to legal sanctions that could damage their reputation and financial stability.

The NAFDAC Operator, further enlightened the participants that mere registration of a particular product with the Federal agency do not guarantee absolute consumption safety.

“Temperature control, cleanliness, pest control, stock rotation, and proper shelving are not optional practice; they are essential components of compliance”, he said.

The South South zonal director also told the operators of supermarket that their employees rotine training on the basis of the product they display for sale is of utmost importance.

In her presentation a Breast Milk Nutrition Expert , Professor Alice Nte of University of Port Harcourt Teaching Hospital (UPTH), was against the body’s prime attention to breast milk substitute or baby milk in supermarkets as well as its advertisement or promotion.

Nye jerked up the importance of mothers breast milk to the newborn baby and added that it help in fighting against childhood diseases, infections and combating cancer in breastfeeding mothers.

Meanwhile, NAFDAC Deputy Director, South – South Zone , Mrs. Riter Chujwuma educated the participants on the guidelines for global listing, and the need to adhere strictly to rules guiding global listing to avoid confiscation of their imported products.

By: King Onunwor

Business

BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS

Published

4 days ago

January 12, 2026

The Tide

The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.

In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.

According to the data, more than 4.3 million new BVNs were issued within the one-year period, underscoring the growing adoption of biometric identification as a prerequisite for accessing financial services in Nigeria.

NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.

Analysts linked the growth largely to regulatory measures by the CBN, particularly the directive to restrict or freeze bank accounts without both a BVN and National Identification Number (NIN), which took effect from April 2024.

The policy compelled many customers to regularise their biometric records to retain access to banking services.

Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.

The programme has been widely regarded as a milestone in integrating the diaspora into Nigeria’s formal financial system.

A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.

However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.

The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.

Business

AFAN Unveils Plans To Boost Food Production In 2026

Published

7 days ago

January 9, 2026

The Tide

The leadership of the All Farmers Association of Nigeria (AFAN) has set the tone for the new year with a renewed focus on food security, unity and long-term growth of the agricultural sector.

The association announced that its General Assembly of Farmers Congress will take place from January 15 to 17, 2026 at the Abuja Chamber of Commerce and Industries, along Lugbe Airport Road, in the Federal Capital Territory.

The gathering is expected to bring together farmers, policymakers, investors and development partners to shape a fresh direction for Nigerian agriculture.

In a New Year address to members and stakeholders, AFAN president, Dr Farouk Rabiu Mudi, said the congress would provide a strategic forum for reviewing past challenges and outlining practical solutions for the future.

He explained that the event would serve as a rallying point for innovation, collaboration and economic renewal within the sector.

Mudi commended farmers across the country for their determination and hard work, despite years of insecurity, climate-related pressures and economic uncertainty.

According to him, their resilience has kept food production alive and positioned agriculture as a stabilising force in the national economy.

He noted that AFAN intends to build on this strength by resetting agribusiness operations to improve productivity and sustainability.

The AFAN leader appealed to government institutions, private investors and development organisations to deepen their engagement with the association.

He stressed the need for collective action to confront persistent issues such as insecurity in farming communities, climate impacts and market instability.

He also urged members to put aside internal disputes and personal interests, encouraging cooperation and shared responsibility in pursuit of national development.

Mudi outlined key priorities that include increasing food output, expanding support for farmers at the grassroots and strengthening local manufacturing through partnerships with both domestic and international investors adding that reducing dependence on imports remains critical to protecting the economy and creating jobs.

He stated that the upcoming congress will feature the launch of AFAN’s twenty-five-year agricultural mechanisation roadmap, alongside the announcement of new partnerships designed to accelerate growth across the value chain.

Participants, he said wi also have opportunities for networking and knowledge exchange aimed at transforming agriculture into a more competitive and technology-driven sector.

As part of its modernisation drive, AFAN is further encouraging members nationwide to enrol for the newly introduced Digital ID Card.

Mudi said the initiative will improve transparency, ensure proper farmer identification and make it easier to access support programmes and services.

Reaffirming the association’s long-term goal, he said the vision of national food sufficiency by 2030 remains achievable if unity and collaboration are sustained.

He expressed optimism that with collective effort, Nigeria’s agricultural sector can overcome its challenges and deliver a more secure and prosperous future.

Lady Usendi