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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
NDLEA Intercepts 1.63m Tramadol Pills, Arrests 80-Year-Old Suspect
The National Drug Law Enforcement Agency (NDLEA) has intercepted 1.63 million pills of tramadol concealed in two long trailers heading for Kano as it intensified efforts to dismantle a transnational drug trafficking syndicate operating along the Togo-Benin Republic-Nigeria corridor.
The agency also arrested an 80-year-old suspected drug dealer in Rivers State, a businesswoman linked to cannabis shipments from Canada, a Chadian woman, a couple and other suspects in coordinated operations across Lagos, Edo, Kogi and Rivers states.
The NDLEA’s Director of Media and Advocacy, Femi Babafemi, disclosed this in a statement, yesterday.
According to the statement, the latest intelligence-led operation came barely one week after NDLEA operatives recovered 558,900 pills of tramadol concealed in the false-bottom compartment of a truck that entered Lagos through the Togo-Benin Republic route.
Babafemi said, “Ongoing efforts to dismantle a transnational drug trafficking syndicate smuggling tramadol from Togo, through Benin Republic into Nigeria have yielded another success with the interception of two long trailers used to move One Million Six Hundred and Thirty (1,630,000) pills of tramadol 250mg concealed in fabricated compartments of the trucks across multiple borders into Lagos.”
He added that one of the two trailers was intercepted on July 2 along the Lagos-Ibadan Expressway, where operatives recovered 853,000 pills of tramadol 250mg concealed in a fabricated compartment beneath the cargo floor.
Babafemi said, “One of the two trucks already heading to Kano was tracked and located on 2nd July 2026 along the Lagos-Ibadan Expressway where NDLEA officers recovered 853,000 pills of tramadol 250mg concealed in a fabricated compartment beneath the cargo floor of the trailer and arrested the 22-year-old driver Jabir Kabiru.”
He further disclosed that another trailer was intercepted two days later on the same route.
“Two days later, 4th July, NDLEA operatives acting on processed intelligence successfully tracked and recovered the second trailer from the Lagos-Ibadan Expressway while heading to Kano. A total of 777,000 pills of tramadol 250mg concealed in a fabricated compartment beneath the cargo floor of the truck were evacuated and the 22-year-old driver Muhammed Nuhu arrested,” the statement read.
According to Babafemi, investigations established a link between the three intercepted consignments.
He said, “Investigations revealed that all three trucks and consignments intercepted on 21st June, 2nd July and 4th July belong to the same transnational drug trafficking syndicate operating along the Togo-Benin Republic-Nigeria axis.”
The agency also intercepted 4.70 kilograms of Canadian Loud, a synthetic strain of cannabis, at the import shed of the Murtala Muhammed International Airport, Ikeja, Lagos.
Babafemi said, “Two consignments of Canadian Loud, a synthetic strain of cannabis, with a combined weight of 4.70 kilograms have been intercepted at the import shed of the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos. The cargoes, which arrived the Lagos airport from Canada in cartons with ‘Odugwu’ boldly written on them, came aboard British Airways and Ethiopian Airlines flights on 24th June and 3rd July respectively.”
He said two cargo agents, Ali Rotimi Samson and Orimolade Oluwagbenga, were initially arrested in connection with the shipments, while another suspect, Edeh Onyeamachi Stanislus, was apprehended after arriving at a logistics company to take delivery of the consignments.
News
FG Alerts Nigerians Of N50,000 Allowance Registration Scam
The Federal Ministry of Humanitarian Affairs and Poverty Reduction has denied claims that it has commenced registration for a purported ?50,000 National Support Allowance.
The ministry, in a public notice posted on its official X handle, yesterday, described messages, links and websites advertising the alleged programme as fraudulent.
It urged Nigerians to disregard such claims and verify information only through official government channels.
“The Federal Ministry of Humanitarian Affairs and Poverty Reduction has NOT commenced registration for any ?50,000 National Support Allowance,” the ministry said.
It added, “Disregard fraudulent messages, links and websites claiming otherwise. Verify any info only through official govt channels.”
The alert is in response to a circulating scam flyer that falsely claims the program is ongoing under President Bola Tinubu’s directives.
The fake advertisement, which includes text in Hausa and English, directs victims to a suspicious website (kluspz.com) for applications.
The ministry’s warning comes amid heightened concerns over digital fraud targeting vulnerable populations seeking social support.
Similar scams have previously surfaced around programs like N-Power, prompting questions from citizens in replies to the official post.
News
Minimum Wage Review: We’re Battle Ready For Major National Struggle -NLC
The Nigeria Labour Congress (NLC) has expressed its preparedness for a major national struggle for a comprehensive review of the national minimum wage.
NLC President, Comrade Joe Ajaero, hinted at this while making his remarks at the commissioning of the Comrade Godwin Abumisi Pensioners Legacy House and Multipurpose Hall in Abuja.
Ajaero said it is no longer acceptable to discuss the welfare of workers without also discussing the welfare of those who have completed their active years of service.
He advised workers and pensioners to get prepared for the ideological and economic battles that lie ahead.
According to the NLC president, “The Nigeria Union of Pensioners (NUP) is one of the proud affiliates of the Nigeria Labour Congress. Therefore, your struggle is our struggle, and your welfare remains a priority for the organised labour movement.
“We are currently in the preparatory stages for a major national struggle for a comprehensive review of the national minimum wage.
“However, let me state unequivocally that it is no longer acceptable to discuss the welfare of workers without also discussing the welfare of those who have completed their active years of service.
“Accordingly, the Nigeria Labour Congress will not only push for a new national minimum wage but will also demand the establishment of a national minimum pension. It is a historical injustice that men and women who devoted their youth, strength and productive years to the service of this nation should be condemned to live below the poverty line after retirement.”
Ajaero noted that the cost of living has risen astronomically as food, healthcare and transportation have become increasingly unaffordable.
“We cannot continue to allow our senior citizens to survive on pensions that have become poverty wages. Every retiree deserves to live with dignity after decades of faithful service to the nation,” he said.
He urged pensioners across the country to remain united and prepared as the process begins, adding: “This Legacy House should not merely be seen as a physical structure; it should become a centre for mobilisation, strategic engagement and solidarity as we prepare for the struggles ahead.”
The NLC president pointed out that the working class has always understood that “those who exploit workers are united in advancing their interests. We too must remain united in defending our collective interests and ensuring that government fulfils its obligations to both serving workers and retirees.”
He urged pensioners across the country to remain united and prepared as the process begins, adding: “This Legacy House should not merely be seen as a physical structure; it should become a centre for mobilisation, strategic engagement and solidarity as we prepare for the struggles ahead.”
The NLC president pointed out that the working class has always understood that “those who exploit workers are united in advancing their interests. We too must remain united in defending our collective interests and ensuring that government fulfils its obligations to both serving workers and retirees.”
He said the completion of the project should serve as a clarion call to all workers and lovers of the masses.
“We must not only build physical structures but also build a strong movement capable of compelling government to honour its commitments,” he said.
Ajaero further stated: “We will continue to demand the immediate payment of all outstanding pension arrears and the implementation of a pension regime that guarantees every retiree a life of dignity and security.
“Together, we shall continue to fight until every Nigerian worker and pensioner receives the justice, respect and welfare they deserve.”
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