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Senate Summons NNPC Boss Over Contract

Fresh troubles appear to be looming for the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, as the Senate has begun a probe into alleged revocation of OML 13 and re-award to Nigerian Petroleum Development Company, a subsidiary of NNPC, through executive fiat.
The Senate is also summoning Managing Director of Shell Petroleum Development Company of Nigeria Limited (SPDC), Osagie Okunbor over its involvement in the revocation of the OML 13 and its re-award without going the statutory licensing bid rounds.
According to the Senate, it has become imperative to carry out a holistic investigation into the revocation as Nigeria cannot afford another Malabu OPL 245 scandal as the country struggles to navigate away from recession.
Speaking, yesterday, in Abuja during a sitting by the Senate Committee on Ethics, Privileges and Public Petitions on a petition by National Coordinator, Global Peace and Sustainability Network, Chief Longers Anyanwu, Chairman of the Committee, Senator Samuel Anyanwu (PDP, Imo East), warned that the Senate would issue a warrant of arrest on the managing director of SPDC, if he failed to appear.
He said the warrant of arrest would come against the backdrop of the SPDC chief executive’s failure to honour three previous summons, warning that the Senate would do everything possible to block all the conduit pipes being used to siphon the nation’s resources.
Anyanwu said though there was nothing wrong in inviting foreign investors; the action must not kill or swallow indigenous companies.
Earlier in his presentation, National Coordinator of Global Peace and Sustainability Network, Chief Longers Anyanwu, had explained that OML 13 was an onshore oil block on the Eastern Niger Delta and had an acreage of 1,923Sq.m.
He also said OML 13 played hosts to Utapate South and Ibibio fields as well as a string of producing marginal fields, including Frontier oil- operated Uquo, a gas accumulation and the 2,000BOPD Qua Iboe.
According to him, the OML 13 has a total number of 39 oil wells, with a production capacity of about 33,500 barrels of oil equivalent per day, adding that it was made up of Oil Prospecting Licence (OPL) 2001, 2002 abs 2003.
He said: “The said OML 13 was sometime between February and March, 2016, revoked and awardee to NPDC, a subsidiary abs the production arm of the NNPC, through executive fiat and without going through the statutory Licensing Bids Rounds.”
Curiously, this OML 13 which was awarded to the NPDC through an executive fiat has been re-awarded to Sterling Oil Exploration and Energy Production Company (SEEPCO), without this offer going through an open tender abs the advertisement of a Licensing Bids Round by the relevant authorities.
“It is evident that this transaction is shrouded in mystery and under the table circumstances. Hence, it is the intention of this Petition to compel the Senate to use its position to cause a full scale inquiry into this ambiguous transaction.
“From our investigation, we are able to establish that NPDC and SEEPCO could not produce evidence of fair play, either in the award of OML 13 or, in the unlikely circumstance.
‘’In the award of a contract of Farm Out Farm In by the NPDC to SEEPCO as stipulated by the extant Nigerian laws regulating operations in the oil and gas industry and the Public Procurement Act which regulates the activities of agencies defined in the Act as procuring agents.”
Anyanwu, who called for outright cancellation and a reversal of the entire process, said further: “It was shrouded in fraudulent and corrupt processes and never complied with the laid-down procedure contained in the extant Laws, Regulations and Guidelines established for operations in the oil and gas industry.
“Global Peace and Sustainability Network, an organization that is committed to transparency and accountability in all spheres of national life is not comfortable with the circumstances surrounding the divestment and reallocation/Farm Out of OML 13 to SEEPCO in the interest of national progress and economic development, and to foster a sense of accountability in the psyche of Nigerians as a people.
‘’We, therefore, make the following demands: ‘’Thorough investigation of the OML 13 transaction from the point when SPDC was divested of its interest in the Lease to the present, particularly, the period following the award of the Lease to NPDC and its subsequent assignment or Farm Out (whichever is applicable) to SEEPCO.
“That all the participants in this shoddy deal be identified, investigated, prosecuted and severely punished according to the law as their conduct, actions and inactions amount to economic sabotage on the government and people of Nigeria.
“Nigerians demand to see that compliance with due advertisement is made for the Farm Out of OML 13. Particularly, Nigerians would want to see transparent evidence of the process which shall include submission of application by interested companies; payment of the required application, processing and other fees into the stipulated accounts of the Federal Government of Nigeria; pre qualification of interested companies; detailed evidence of announcement of the pre-qualified companies and evidence of detailed technical and commercial bids by pre-qualified companies; evaluation and announcements of winning bids.”
News
Ibas Inaugurates RSIEC, Service Commissions, Healthcare Board In Rivers …Charges Appointees To Embrace Principles Of Service

The Administrator of Rivers State, Vice Admiral (Rtd) Ibok-Ete Ibas, has charged newly appointed Board members to uphold the highest standards of discipline, competence, integrity, and unwavering dedication in their service to the State.
He emphasized that such commitment is critical to stabilizing governance, restoring democratic institutions, and advancing the principles of good governance in the State.
This was contained in a statement by the Administrator’s Senior Special Adviser on Media, Hector Igbikiowubo on Monday.
Ibas issued the charge on Monday while inaugurating the reconstituted Rivers State Independent Electoral Commission (RSIEC), Rivers State Civil Service Commission, Rivers State Local Government Service Commission, and the Rivers State Primary Health Care Management Board at Government House, Port Harcourt.
The Administrator urged the new appointees to embrace their roles with diligence, patriotism, and a commitment to transforming Rivers State through excellent service.
Addressing the Chairman and members of RSIEC, Ibas underscored their pivotal role in ensuring credible local government elections that reflect the will of the people.
“Your task is clear but demanding: to conduct free, fair, transparent, and credible elections at the grassroots level. You must resist bias, favoritism, and external interference while restoring public confidence in the electoral process,” he stated.
“The independence of your actions is crucial to sustaining peace, stability, and grassroots governance. I urge you to act with fairness, impartiality, and professionalism—even in the face of difficult choices,” Ibas added.
The Sole Administrator also charged the Rivers State Civil Service Commission on the need to eliminate mediocrity and foster a culture of excellence through merit-based recruitment, training, and promotions.
“The civil service must transition from favoritism to competence, integrity, and accountability. Your commission will lead reforms, including digital transformation and standardized practices across ministries, departments, and agencies,” he said.
He disclosed that extensive training programmes are underway, with a committee set up to overhaul the public service framework for greater efficiency.
Meanwhile, Ibas urged the Rivers State Local Government Service Commission to ensure professionalism and discipline in local government administration.
“As the closest tier of government to the people, you must drive reforms that insulate the system from politics and mediocrity. Your mandate includes merit-based recruitment, training, and enforcing standards for effective service delivery,” he stated.
In the same vein, the Administrator charged the Rivers State Primary Health Care Management Board with revitalizing healthcare delivery across the state’s 23 local government areas.
“Primary healthcare is the foundation of a sustainable health system. Your board must ensure facilities are adequately staffed, equipped, and operational focusing on maternal health, immunization, malaria control, and community health services,” he said.
He emphasized data-driven operations, incentives for rural health workers, and restoring the referral system to improve healthcare access.
He also assured the Board of sustained government support, including funding, for the effective discharge of their mandates but warned that board members would be held accountable for their performance.
The newly inaugurated members include: RSIEC: Dr. Michael Ekpai Odey (Chairman) with Prof. Arthur Nwafor, Prof. Joyce Akaninwor, and others as members.
Civil Service Commission: Dr. Livinus Bariki (Chairman), Amb. Lot Egopija, Mrs. Maeve Bestman, and others.
Local Govt. Service Commission: Mr. Isreal Amadi (Chairman), Rear Adm. Emmanuel Ofik (Rtd), Dr. Tonye Pepple, and others.
Primary Health Care Board: Dr. Dawari George (Chairman), Dr. Chituru Adiele (Executive Director), Prof. Kaladada Korubo, and representatives from key ministries.
News
Rivers PDP Debunks Sale Of LGA Election Forms

The Publicity Secretary of the Peoples Democratic Party (PDP) in Rivers State, Dr. Kenneth Yowika, has debunked claims that the party has commenced sale of forms for chairmanship and councillorship elections across the 23 local government areas of the state.
Yowika made the rebuttal in a statement made available to newsmen on Wednesday, describing the publication on the social media as baseless and untrue.
He urged members of the PDP to disregard the claim, saying that official communication regarding the sale of forms would be disclosed through the appropriate channels.
“With reference to information trending on social media, it has been falsely claimed that the sale of forms for Chairmanship and Councillorship elections in the 23 Local Government Areas (LGAs) of Rivers State will begin soon.
“However, the party has firmly denied these rumours, stating that they are baseless and untrue.
“The party has its own established methods of reaching out to its numerous supporters.
“The People’s Democratic Party, a law-abiding organisation, will patiently await the release of guidelines from the recently inaugurated Rivers State Independent Electoral Commission (RSIEC) before considering any sale of election forms.
“The PDP is urging its members to remain calm as official communication regarding the sale of forms will be disclosed through appropriate channels,” the statement read.
Enoch Epelle
News
South-South contributes N34trn to Nigeria’s economy in 2024 – Institute
Prof. Pius Olanrewaju, President of the Chartered Institute of Bankers of Nigeria (CIBN), has stated that the South-South region contributes N34 trillion to country’s economy in 2024.
He made the remark at the South-South Zonal Banking and Finance Conference in Calabar, yesterday.
He spoke on the theme, ‘’Building An Inclusive South-South: Economic Diversification as a Catalyst For Development.’’
Olanrewaju, who quoted the data from the Cable Data Index, said the feat was more than 21 per cent of Nigeria’s real Gross Domestic Product (GDP).
The president described the growth as ‘’ impressive,’’ saying that it was not driven by oil alone but significant expansions in trade, services, and the creative industries.
According to him, to fully harness this potential, coordinated financial, technological, and policy support is essential.
“As we work to reposition the South-South for broad-based prosperity, the financial system must play a central role, not merely as a source of capital, but as a catalyst for innovation, ideas incubation, and inclusive economic growth.
“This conference, therefore, provides a strategic opportunity for stakeholders to reimagine the South-South economy, not merely as a resource belt, but as a region of diverse capabilities and resilient enterprises.”
Olanrewaju added that Nigeria must move beyond old models and chart a new course for the development of the South-South region, where financial institutions and stakeholder collaborate to diversify the economy for shared prosperity.
He, however, commended Gov. Bassey Otu for his pledge of land for CIBN Secretariat in Cross River and being the first sitting governor to willingly undergo and complete the Chartered Bankers Programme.
On his part, Gov. Otu said that the conference discussion on the economic diversification in South-South region was timely against the backdrop of global trade and economic volatility that was affecting the nation’s economy.
Represented by his deputy, Mr Peter Odey, Otu said the South-South region must now act with urgency to diversify its economy while leveraging its shared natural endowment in agriculture and extractive resources.
“This conference must help develop tailored financial solutions that reflect the unique strengths and realities of states like Cross River in the south-south.
“Diversification should be evidence-based and must be backed not just by financial advice but project focused financing and real investment support,” he noted.
He said that Cross River had taken the bold step to invest in its agricultural sector by launching an Agro processing hub.
Otu further said that the state had invested in aviation by acquiring more aircrafts for Cally Air, construction of the Bakassi Deep Seaport and injecting N18 billion in its tourism sector.
Similarly, Mr Tolefe Jibunoh, Cross River Branch Controller of the Central Bank of Nigeria (CBN) said that the region was blessed with natural resources, cultural diversities and immense human potentials.
Jibunoh, who was represented by Mr Segun Shittu, Head, Currency Control Office, CBN, Calabar, noted that strategic diversification could unlock unprecedented opportunities for growth in the region.
He added that the CBN remained steadfast to maintain monetary possibilities and promote a sound financial system as a catalyst for sustainable economic development for the benefit of all.
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