Nation
N6trn Oil Revenue: Reps Threaten To Arrest Seven CEOs
The House of Representatives Adhoc Committee, investigating oil and gas revenue leakages in Nigeria – which is estimated to be about N6trillion – has threatened to arrest seven Chief Executive Officers, CEOs of indigenous oil and gas companies over their refusal or inability to appear before it.
The Chairman of the Committee, Hon Jarigbe Agom Jarigbe, who disclosed this at the end of the committee’s sitting in Lagos, thundered that the companies have not shown respect to the Committee, and, by extension, the Federal Government of Nigeria, on whose behalf the committee was acting.
Jarigbe disclosed that the companies must be compelled to appear as they collectively owe the government of Nigeria about $400 million – about N144billion at current exchange rate of $1 to N360).
The CEOs of the affected companies, some of them, members of the Oil Producers Trade Section, OPTS, of the Lagos Chamber of Commerce and Industry (LCCI) could not be reached as at the time of going to press. In fact, their names are being withheld because of this challenge.
But the Chairman of OPTS, who is also the Country Chair/Managing Director of Shell Petroleum Development Company Limited, Mr. Osagie Okunbor, urged the Committee to engage with all stakeholders in order to resolve outstanding issues before writing its report.
Mrs Gladys Folashede Odunuga, Head Planning Division, DPR also said the Department was committed to ensuring that operating companies pay their debts to the government.
The committee sitting held at the DPR Office in Lagos last week. Relatedly, Hon. Ehiozuwa John Agbonayinma, a member of the Committee said, whereas the nation’s oil and gas industry was in need of local and foreign investors to explore and produce commercial crude oil and gas, it is imperative that such investors should be ready to operate under terms and conditions put in place by the government.
One of the companies, currently in a joint venture with NPDC (Nigerian Petroleum Development Company) has two Nigerians as chairman and Chief Executive Officer, produces 10,000 barrels per day, BPD; was acquired from SPDC (Shell Petroleum Development Company) in November 2011 as a result of the Local Content Act signed into law in April 2010.
Another firm has a Nigerian as Executive Chairman/CEO and it operates two OMLs. Yet, another one, which has oil and gas interests in West African nations, including Nigeria, has both its chairman and chief CEO as Nigerians.
One of the firms in question also operates as an oil exploration and production company, in collaboration with a Canadian outfit and has been operating an OML which it won in 2003
Nation
NIOB President Calls For Innovation, Entrepreneurship In Housing Delivery
The President of the Nigerian Institute of Building (NIOB), Bldr. Daniel Abimbola Kolade, FNIOB, has called on Nigerian builders to embrace innovation and entrepreneurship as key drivers for addressing the nation’s housing deficit.
Speaking at the inaugural council meeting of the Institute held at its National Secretariat in Abuja in his speech themed, “Innovation and Entrepreneurship: Key Driver to Housing Delivery,” the NIOB President said the Institute is poised to lead transformative change in the nation’s housing delivery system.
Bldr. Kolade described the meeting as a strategic platform for redefining NIOB’s policy direction for the next two years, stressing that the housing challenge presents both a national problem and a professional opportunity.
“We, as custodians of building production management, must reposition ourselves not only as technical experts but as innovators, entrepreneurs, and national solution providers,” he stated.
He emphasized that innovation must now be embedded in the professional DNA of builders, urging practitioners to embrace sustainable technologies, research-based construction methods, and digital project management tools.
According to him, the Institute will promote innovation through research collaborations, innovation labs, and pilot projects that showcase emerging construction techniques.
On entrepreneurship, Bldr. Kolade noted that competence alone was no longer sufficient, and that builders must evolve into enterprise creators capable of driving employment and economic growth through construction-based ventures.
He further outlined the Institute’s five key policy pillars for the next two years, to include innovation
and research; entrepreneurial
development; professional regulation and ethics; advocacy
and policy influence;
capacity building and youth empowerment.
The NIOB President also paid tribute to past leaders of the Institute for laying the foundation upon which the current administration will build, saying leadership must go beyond preservation to purposeful expansion.
“If we can harness innovation, embrace entrepreneurship, and strengthen our professional unity, we will not only close the housing gap — we will redefine the standards of housing delivery in Africa,” he affirmed.
He called on builders nationwide to view themselves as not only craftsmen but nation builders, visionaries, and entrepreneurs committed to delivering sustainable housing and national development.
The NIOB President earlier led the National Council members to a site visit to the NIOB construction site at Idu, Abuja.
Nation
MOSIEND Hails Benibo Anabraba Appointment As Rivers SSG
The Movement for the Survival of the Izon Ethnic Nationality in the Niger Delta (MOSIEND), Eastern Zone, has applauded the appointment of Hon. Benibo Anabraba as Secretary to the Rivers State Government (SSG) by His Excellency, Governor Siminalayi Fubara,
The Socio Cultural Organisation described the appointment as a masterstroke of leadership and wisdom.
MOSIEND in a statement by the Acting Chairman, Comrade Emmanuel Gibson, and the Assistant Secretary, MOSIEND Eastern Zone, Dr. Tams Longjohn hailed the appointment as a reflection of Governor Fubara’s Eagle-eyed discernment, belief in merit, and unwavering commitment to building a peaceful and people-centered administration anchored on excellence and integrity.
“Hon. Anabraba is a statesman in every sense, an accomplished lawyer, a tested grassroots politician, and a man of Peace whose record of service stands tall,”
The statement noted that “from his days as a grassroots politician to his election as a legislator, his tenure as Minority Leader in the Rivers State House of Assembly, and his service as a Commissioner, Hon. Anabraba has remained a model of maturity, courage, and dedication to the Rivers project.”
MOSIEND expressed confidence that Hon. Anabraba will bring his trademark calmness, intellect, and wealth of experience to bear in his new role, assuring that the people of Rivers State will feel the positive impact of his leadership.
The group commended Governor Fubara for his strategic and inspiring commitment to peace, stating that the appointment once again demonstrates the administration’s preference for competence, loyalty, and results over political convenience.
“We are proud of this choice,” MOSIEND affirmed. “It signals continuity, stability, and a renewed focus on people-oriented governance.”
The organization congratulated Hon. Benibo Anabraba and prayed for divine guidance, good health, and strength as he takes on this vital assignment in service to Rivers State.
Chinedu Wosu
Nation
HYPREP Remains Steadfast In Adhering To International Standards—Zabbey …As Regulators, Asset Owners Hail Project
The Project Coordinator of Hydrocarbon Pollution Remediation Project(HYPREP), Prof Nenibarini Zabbey, has said that the Project remains steadfast in adhering to international standards, processes and protocols, contending that it would continue to engage all stakeholders transparently to achieve set goals and targets.
This is even as regulatory stakeholders, regulators and asset owners have expressed satisfaction with the work so far being carried out by the Project in Ogoniland, commending it for sustaining the momentum of the ongoing cleanup project.
Zabbey, who gave the indication during the third quarter meeting of HYPREP with regulators and asset owners in Port Harcourt on Tuesday, said as an interventionist and community-based project, HYPREP would continue to engage all stakeholders transparently, as it addresses challenges that may arise during project implementation.
To this end, he noted that the continuous support and constructive feedback of regulators and asset owners remains vital in helping the project coordination office overcome challenges and sustain the momentum of progress.
Zabbey said the quarterly meeting with regulators and asset owners serves dual purpose of providing a platform for the Project to share updates on the status of the cleanup project, highlighting areas where further support is required; and allowing “regulators and asset owners to provide constructive feedback that would help our collective approach.”
According to him, the meeting is ultimately designed to catalyse deeper collaboration and synergy between HYPREP and its regulatory stakeholders.
While appreciating and recognising the invaluable roles of the regulators and asset owners in the project’s Quality Assurance and Quality Control(QA/QC) framework, the Project Coordinator said their consistent oversight, technical input, and commitment to upholding standards have remained essential to the integrity of the Ogoni cleanup efforts.
He noted with a sense of satisfaction that Quality Assurance and Quality Control are being given increased attention at all levels of the cleanup project, and solicited for the continuous support of the regulators and asset owners.
“QA/QC considerations are a key part of HYPREP’s policy framework, from the Governing Council decisions to field-level work,” he said, emphasising that this focus ensures that HYPREP’s interventions and activities are executed professionally, safely, and in compliance with national regulatory standards and global best practices, guaranteeing value for money.
“As we continue to consolidate the gains made so far, I want to reassure you that HYPREP remains steadfast in adhering to international standards, processes and protocols”, he said.
Zabbey announced that considerable progress is being recorded across various thematic areas of the cleanup project, including remediation of hydrocarbon-impacted sites; mangrove restoration; provision of potable water; public health interventions; the Ogoni power project; and the construction of the Centre of Excellence for Environmental Restoration; among others.
He said these coordinated interventions are gradually restoring confidence in the cleanup effort and bringing renewed hope to Ogoniland.
The highpoint of the event was the presentation of the performance status of the cleanup project by HYPREP’s Evaluation and Monitoring Unit, which put the construction of the Centre of Excellence for Environmental Restoration at 92.5 percent completion, among other legacy projects.
In their response, the regulators and asset owners were unanimous that HYPREP has recorded remarkable improvement so far in the cleanup efforts, and solicited for more support of the project.
Environmental Resource Manager of the Centre for Environment, Human Rights and Development(CEHRD), Mr Meshack Uyi commended the Project Coordinator and his team for the remarkable improvement recorded so far in the area of environmental remediation and mangrove restoration, describing the Ogoni cleanup as one of the most robust in Africa.
He applauded HYPREP for its human capacity building initiative, saying, building the capacity of Ogoni people and training them to become mangrove vanguards are boosting their economic wellbeing.
Uyi said what is going on in Ogoniland is a learning process for the Niger Delta, saying, “those who think that nothing is happening in Ogoniland, they should come closer and see that a lot is indeed going on, and this can impact on Nigeria, the Niger Delta and Africa.”
He called on people all over the world to come on board to support HYPREP to achieve far greater milestones.
Also, the representative of the Rivers State Ministry of Water Resources and Rural Development, Mrs Doris Wilcox Balafoma commended the Project for doing very well, working and collaborating with its partners, saying, “We are always with them in the field.”
She scored HYPREP 90 percent for its cleanup efforts, insisting, however, that the abandonment of some ongoing water facilities in some Ogoni communities is due to cost variations.
For the Executive Director of the Society for Women And Youth Affairs(SWAYA), Dr Stella Amaine, HYPREP has recorded a great improvement in the area of women inclusion and livelihood restoration.
She, however, noted that she looks forward to the realisation of the 45 percent empowerment quota for women as promised by the Project Coordinator.
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