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PETAN, Others Leverage Local Content To Maximise Economic Gains Of AfCFTA

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The Chairman, Petroleum Technology Association of Nigeria (PETAN), Mr. Nicolas Odinuwe, has joined critical stakeholders in the oil and gas sector in Africa to deliberate on how to lay a solid foundation for the design of an African Local Content mechanism to maximise the economic benefits from the implementation of the African Continental Free Trade Agreement (AfCFTA) in the hydrocarbon value chain.
The pan-African engagement themed, ‘Fostering Local Content in Africa for Africans’, was hosted by the Nigerian Content Development and Monitoring Board (NCDMB) in collaboration with the African Petroleum Producers Organisation (APPO) in Yenagoa, Bayelsa State.
Odinuwe, speaking on behalf of Nigerian service companies, emphasised the role of legislation needed to create a regulatory mechanism to midwife the process and ensure independent funding that would promote small and medium enterprises (SMEs) to drive entrepreneurship and capacity building and promote inclusiveness and integration in the region.
He said that while African content was a relatively need concept, regional cooperation was not, and developing a standard local content framework would involve a conscious utilisation of goods and services available within the continent to exploit and produce Africa’s vast and largely untapped oil and gas reserves.
“The time has come for us to look beyond our local arrangements at the bigger picture, to see how we can harness available resources within our continent for our collective development and the key to unlocking this potential is collaboration”, he said.
He, therefore, advised that the regional local content regulatory model incorporate provisions that will ensure that its minders are people of the right skill set who will help direct capital to where there are opportunities as local content does not always develop commensurately with capital flows.
He commended the efforts of the NCDMB through its committed leadership for the successful implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act which has exponentially grown the capacities and capabilities of Nigerian service companies, including that of PETAN and created synergy among stakeholders through constructive engagements and innovative programmes to encourage and incentivise local companies to form joint ventures with foreign companies to ensure technology transfer as well as the development of young minds in the field of Engineering through Science and Technology Innovation challenges and vocational trainings.
He noted that PETAN’s partnership with the NCDMB and other critical stakeholders have ensured that indigenous companies were creating the needed domestic production linkages to ensure that the extractive industry makes significant contributions to accelerate the economic growth and development of Nigeria and now Africa.
While urging an enabling environment to create a private-sector-led regional oil and gas industry, Odinuwe described the African Continental Free Trade Agreement (AfCFTA) as a key enabler which has helped to widen the path for Africa as the next global energy hub with great investment opportunities.
“Governments across Africa”, he charged, “especially the Sub-Saharan Africa oil and gas producing countries should provide the necessary incentives to attract private-sector investments across the entire value chain of the oil and gas industry. Using oil and gas as its critical resources, Africa speedily promotes its development”.
He added that PETAN, as the foremost leading advocacy group of over 300 indigenous oil and gas service companies with over 30 years experience across the entire value chain of the industry will always be ready to partner relevant national and regional stakeholders to share experiences and expertise as well as nurture, mentor and invest in available opportunities across the region and continent.
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote, express the commitment of the board to facilitate linkages among all stakeholders in the oil and gas value chain, and thanked participants for their desire to push the envelope for the development of the continent.
Wabote stated that African countries have been fascinated by the remarkable impact and achievements of Nigeria in the implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act and the development of its hydrocarbon resources which is anchored on the philosophy of in-country value addition.
He said that this has inspired some African countries to undertake a study tour to Nigeria to understand the NCDMB delivery model with some signing similar local content laws or policies based on insights from Nigeria.
He added that the APPO Charter on Bilateral Cooperation among oil producing countries as well as the signing of the AfCFTA were bold steps which has prompted a new era for the galvanisation of the region towards regional cooperation around developing capacities and capabilities to deliver oil and gas services in the continent.
Also speaking, the Minister of State for Petroleum Resources, Chief Timipre Sylva, said the government working to create enabling environment for businesses in the sector to thrive, and build wealth for the country.
In his remarks, the Secretary-General of the African Petroleum Producers Organisation (APPO), Dr, Omar Farouk Ibrahim, said that players in the sector were exploring investment opportunities to jump-start a new era in the industry.
It would be recalled that PETAN spearheaded a steering committee at its recently concluded Sub-African International Petroleum Exhibition and Conference (SAIPEC) 2021 following passionate calls for regional collaboration and deepening of local content by stakeholders across Africa.
Discussions focused on evaluation of regulatory models for the governance, funding and monitoring of local content implementation in frontline economies, laying a solid foundation for the design of an African Local Content programme to maximise economic benefits from implementation of the African Continental Free Trade Agreement (AfCFTA) in hydrocarbon value chain and data sharing on capacities that exist around skills, infrastructure, facilities, assets and funding for exploration, field development and production activities in Africa.
Representatives from the African Union (AU), the United Nations Conference on Trade and Development (UNCTAD), the Economic Community of West African States (ECOWAS), the African Development Bank (AfDB) and the United Nations Industrial Development Organisation (UNIDO) attended the event.

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CAS Lauds Troops For Exceptional Performance In South-East Operation

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Chief of Air Staff (CAS), Air Marshal Hassan Abubakar, has lauded Nigerian Air Force (NAF) troops for exceptional performance in ongoing Joint Task Force in the South-East code-named “Operation Udo Ka II”.
Abubakar said this yesterday in Enugu during his maiden visit and tour of operational and training assets and facilities within NAF Ground Training Command (GTC), Enugu.
He noted that NAF troops had done exceptionally well and recorded series of success in the joint operation meant to keep the South-East safe and secured for all.
The CAS noted that the GTC Command was highly important to NAF as it housed the ground component (non technical component) as well as a unit of air component necessary to ensure the attainment of the mandate of NAF.
He said: “Today, we are in Enugu, which is the host of the GTC Command in our maiden visit and we are here to interact with the NAF personnel, see the facilities and infrastructure on ground.
“We are also here to encourage the personnel to continue to do the good job they had been doing before now.
“The GTC Command and the Air Training Command are key to all of our activities in NAF and the two commands ensure we have the adequate and skilled manpower for all our activities and operations.
“I am also here to strengthen our activities within Operation Udo Ka II, which Enugu is the headquarters, and see how we can achieve greater successes more than what we are having now and ensure that South-East is totally secured.”
He disclosed that 750 personnel were currently undergoing training and would be graduating between December 2023 and January, 2024.
“These training are important to us in terms of our operation; and the current number is very significant amount of manpower to be injected into our operations and other activities in the country,” he said.
On the inspection in the new GTC Command Headquarters, new 553 Base Services Group (BSG) Headquarters and BSG Annex; Abubakar said that he was quite satisfied and impressed with the pace, level and quality of work done already.
“I have taken out time to inspect the projects and asked questions about the projects and I tell you that I am satisfied with what are on ground and all our assets and facilities are well maintained and protected,” he said.
The NAF boss commended NAF officers, airmen and airwomen in GTC Command for “doing a good job and keeping the flag flying high” as well as extolled their sacrifices and commitment to duties as well.
“I am very happy for their performance. We at the NAF headquarters, we are doing all we can to make sure they have all the necessary support and equipment as well as welfare and accommodation to carry out their jobs effectively,” he said.
He assured NAF personnel of doing more by providing all necessary infrastructures to ensure the maximum working of the GTC Command.
The CAS also inaugurated a renovated airmen’s club and new Mrs Rakiya Abubakar Children’s Park as well as inspected the water treatment and reticulation system and the hospital within NAF Base, Abakpa in Enugu.

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UNIBADAN Lecturer Wins Best Thesis Dollar Prize

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The Institute of African and Diaspora Studies (IADS), University of Lagos, has announced Dr Muhammad Ribadu as winner of this year’s Rahamon Bello Best Ph.D thesis in African Studies award.
The Director of the institute, Prof. Muyiwa Falaiye, made the announcement in a statement issued to newsmen yesterday in Lagos.
Ribadu, of the University of Ibadan, will be rewarded with a total of 1000 dollars, a plaque and a certificate.
Falaiye said a total of 18 entries for the 4th edition of competition were received from various universities in Nigeria, Kenya and South Africa
He gave the title of the winning thesis as: The Social Context of Gentrification in Lagos State; Ph.D (Jan. 2023) Department of Sociology, University of Ibadan.
“The first runner up for this competition was Oluwaseyi Popogbe, currently a lecturer at the Department of Economics, Crawford University in Ogun.
“The title of his thesis is: Social Exclusion and Poverty in Selected Coastal Slum Areas in Lagos State; Ph.D (Dec. 2022) Department of Economics University of Lagos.
“The second runner up position went to Dr Charles Akwen, currently a lecturer at the Department of English, University of Lagos.
“Akwen’s thesis is titled: Notions of Identity in the Literary Creativity of Odia Ofeimun and Yang Mu; Ph.D (Dec. 2022) English Literature, University of Lagos,” the director stated.
He said that both the first and second runners up would be awarded plaques and certificates in recognition of their contributions and hard work.
Falaiye noted that the competition was in honour of Prof. Rahamon Bello, who was the 10th Vice Chancellor of the university, at the time the institute was inaugurated.
The prize money is usually donated every year for the award by friends of Prof. Bello.
Falaiye said that Dec, 6, had been fixed for the presentation of the awards.
The Tide source reports that the award was first presented in 2020.

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States, LGs Lack Infrastructure To Manage Ecological Fund, Shun Queries – Perm Sec

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The 36 states of the federation and the 774 local government councils have no structure in place to manage Ecological Fund.
The declaration was made in Abuja, yesterday, by the Permanent Secretary, Ecological Project Office, Malam Shehu Ibrahim.
Ibrahim made the declaration at an interactive session with the House Representatives Committee on Ecological Fund.
He said since states and local governments began to share the fund with the Federal Government they had not been able to put structures in place to manage their share.
The Ecological Fund is an intervention fund by the Federal Government to address the multifarious ecological challenges in various communities in the country.
Ibrahim told the house committee that the sharing of the fund among the three tiers of government followed a court decision.
He said governors and local council chairmen never welcomed queries about how they deployed the ecological funds.
“It is a `no-go’ area,’’ he quipped.
“They don’t want to see officials of the Ecological Project Office near them; so we cannot ask them how they spend the money,’’ he added.
Ibrahim said also that all motions by the National Assembly regarding intervention on ecological project matters had been treated.
“The Ecological Project Office acts expeditiously on documents sent to it to solve problems; it looks at some of the gaps within the motion and tries to fill the gaps, and we have had more than five of such motions.
“ The Ecological Project Office does not handle funds; it only appraises projects and makes recommendations to the president,’’ he said.
The permanent secretary explained that it is the Ministry of Finance that manages the fund and the projects.
He stressed that it was a misconception that the Ecological Project Office is in charge of funds and at liberty to decide on where projects would be sited with the money in its coffers.
He said whenever there were interventions; the Ecological Project Office informed affected communities and went with the contractor to hand over the projects to the community.
This is to enable the community to take ownership of the intervention and communicate their observations to the project office.
Responding, Rep. Sani Jaji (APC-Kaura Namoda/ Birnin Magaji), chairman of the committee, said there should always be stakeholders engagement before embarking on ecological fund intervention projects.
He noted that the projects were stakeholders’ projects and failure to include the stakeholders would always lead to security breach.
“So many things happened with UNICEF’s polio vaccine rejection; but when it included stakeholders, people began to accept the vaccine.
“It is critical to involve stakeholders and ensure equity. Security cannot be the reason why you won’t execute projects in certain parts of the country.
“The perception about your office is that there is money out there; so you need to change that perception and let people know that you have limitations about the execution of projects,’’ he said.
Jaji challenged the Ecological Fund Project Office to provide the needed advice to the president to enable him to take the correct steps.

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