Business
Belemaoil Trains 33 Fire Fighters …Acquires State-Of-The-Art Fire Fighting Equipment

In a bid to reduce the effect of fire disaster and safeguard lives and property in Rivers State, indigenous oil giant, Belemaoil Producing Ltd has acquired a state-of-the-art fire fighting facility. This is as the company trained and certified 30 personnel, drawn from its host communities on various fire fighting skills to render rescue services to the public.
Speaking at the graduation ceremony of the fire fighters at the company’s corporate headquarters in Port Harcourt the Executive Vice President, Admin/HR/Corporate Affairs, Belemaoil Producing Ltd, Mrs Rosemary C. Asiegbu, stated that the company was the first indigenous oil company that was ensuring the full implementation of its HSE campaign.
She said with the successive conclusion of the training and the setting up of the world-class fire fighting facility, Belemaoil was set to support efforts by the government in combating fire outbreak in the state.
Asiegbu said the initiative was part of the company’s Corporate Social Responsibility to the people of the state where it operates.
She said: “We are an indigenous company. If you check out, we are the first indigenous oil company that is going head on to ensuring that we implement our HSE not only to make sure that our immediate environment and our staff are safe, we are ensuring that our neighbouring environment, beyond our immediate environment will also benefit from our strives.
“What informed this, is our social responsibility and our HR Drive and HSE campaign. We wanted to step up our HSE campaign to make sure that our environment will be safe. Just as our Belemaoil Model is inclusive of the host communities in making sure that their social and economic wellbeing will be improved. If you check all our environs, there is no firefighting equipment around, even beyond up to the Government House. And our President in his vision makes sure that everybody will be happy and benefit from what they should.”
The EVP, who congratulated the Founder/President of Belemaoil Producing Ltd, Mr Jack-Rich Tein Jr., for his strive in developing host communities, she pointed out that fire fighting is a noble profession though challenging. She said the training will be a continuous process to ensure that the trainees acquire more skills in fire fighting and rescue.
She advised the fire fighters, saying, “ Fire fighting is a serious job, serious because you will always be prepared. You will always be expected to train and be fit all the time. If you are on duty or you are not on duty you are supposed to be prepared because something might come up and the people on duty, might not be able to cope with it. Automatically, you will be drafted to be in charge.
“Again, to be a fire fighter is a multi-faceted job in the sense that your job will not just concentrate on saving the human and material assets. Fighters, are bold, fire fighters must have the sanity when it comes to taking decisions because if you are not careful on the decision you take, that might even cause more disaster. So fire fighters are looked upon as potential heroes because they are supposed to do what normal people are not supposed to do under normal circumstances.”
In his closing remarks, the Director, Production and Engineering, Belemaoil Producing Ltd, Mr. Mufaa Welsh, described the event as successful. He pointed out that the training is a show of confidence and the love that the Founder/President of Belemaoil, Mr. Jackrich Tein Jr. has for the people.
He said the training will be a continuous process for the fire fighters even when they are on the job, adding that they were being trained by TDI, a company from the United States of America.
Speaking earlier during the demonstration of skills by the graduands, the Chief Fire Trainer, Gary Eve said the graduands had been adequately trained and certified to provide rescue and fire fighting services
He said they were trained in the area of fire attack skills, changing hose pattern, among others. He informed that all the graduands have acquired basic fire fighting skills and are certified to be deployed to undertake such task.
Some of the trained fire fighters expressed gratitude to the Founder and President of Belemaoil Producing Ltd, Jack-Rich Tein Jur for empowering them to save life and property in the state.
One of the graduands, Gibson Okuroma, in his vote of thanks said “I never dreamt of it and no member of my crew dreamt of it. Other multinationals never go down to the grassroots to ask persons who have not dreamt of been in the city or being a fire fighter to come out and be trained. I thank Belemaoil for going to the local communities to pick people to give them a noble profession”, he stated.
Highpoint of the event was the presentation of certificates to the graduands for successfully completing one month training on fire fighting and rescue skills.
Business
NCDMB, Partners Sweetcrude On Inaugural Nigerian Content Awards

The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with a firm, Sweetcrude Ltd., has announced detailed selection criteria for the inaugural “Champions of Nigerian Content Awards”, designed to honor outstanding contributions to local content development in Nigeria’s oil and gas sector.
The Tide learnt that the event, scheduled to hold 21st May, 2025, at the NCDMB’S content tower headquarters in Yenagoa, capital of Bayelsa State, will recognize individuals and organizations that have demonstrated exceptional commitment to advancing Nigerian Content in 2024.
The Tide further gathered that the ceremony will coincide with the Nigerian Oil and Gas Opportunity Fair (NOGOF), which promises to spotlighting industry excellence and contributions to national economic transformation.
A statement by the Board’s Directorate of Corporate Communications and Zonal Coordination says the event has 12 Award Categories, which include, “Nigerian Content Icon of the Year”, “Nigerian Content Lifetime Achievement Award”, “Nigerian Content International Upstream Operator of the year”, and the “Nigerian Content Independent Upstream Operator of the year”.
Others are, “Nigerian Content Midstream Operator of the year”, “Nigerian Content Downstream Operator of the year”, “Nigerian Content International Service Company of the year”, Nigerian Content Indigenous Service Company of the year”, and the “Nigerian Content Innovator of the year”.
Also included are, “Nigerian Content Financial Services Provider of the year”, “Nigerian Content Media Organization of the year”, and “Women in Leadership Award for Promoting Gender Equality and Empowerment”.
According to the NCDMB, the criteria for oil and gas operators will include key and empirical benchmarks such as Production output for crude oil and gas volumes, Compliance with Nigerian Content Plans (NCPs) and Nigerian Content Compliance Certificates (NCCCs).
Other criteria are adherence to NOGICD Act reporting requirements, such as submission of Nigerian Content Performance Reports and Employment & Training Plans.
The Board’s statement added that similar criteria will apply to financial institutions, media organizations, and individuals, ensuring a transparent and merit-based selection process.
“Winners for the Nigerian Content Icon of the Year, Innovator of the Year, and Women in Leadership Award will also be selected based on measurable performance indicators.
“The Advisory Committee of Industry Titans will Oversee the process to uphold the prestige of awards. The Committee consist of distinguished experts set up to oversee nominations and validate winners”, the NCDMB said.
Members of the committee, according to the Board, include: Pioneer Executive Secretary of the NCDMB, Dr. Ernest Nwapa; Secretary-General, African Petroleum Producers Organization, Dr. Omar Farouk; and former Zonal Operations Controller, DPR, Mr. Woke Akinyosoye.
The Statement quoted the Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe, as emphasizing that the awards aim to becoming the oil and gas sector’s equivalent of the Oscars, celebrating genuine impact rather than mere participation.
“This recognition is reserved for those who have gone beyond compliance to drive tangible growth in Nigerian Content.
“With a focus on credibility, compliance, and measurable impact, the Champions of Nigerian Content Awards is poised to set a new standard for excellence in Nigeria’s energy sector”, the NCDMB Executive Scribe said.
By: Ariwera Ibibo-Howells, Yenagoa
Business
Nigeria’s Debt Servicing Gulped N696bn In Jan – CBN

Nigeria’s apex Banking institution, Central Bank of Nigeria (CBN), has declared that Federal Government’s debt servicing increased to N696billion in January 2025.
The CBN’s recently published Economic Report revealed a precarious fiscal position, which worsened in January 2025 as debt servicing obligations exceeded total retained revenue by a wide margin.
According to the report, the Federal Government’s debt servicing obligations for the month stood at N696.27bn, while total retained revenue amounted to only N483.47bn, indicating that debt service alone consumed about 144 per cent of all government earnings.
This development highlights the growing debt burden and dwindling fiscal space facing Africa’s largest economy.
According to the report, despite slight improvements in some revenue categories, the retained earnings were grossly inadequate to cover obligatory debt repayments, exposing the government’s continued reliance on borrowing to meet basic obligations.
The report further revealed that retained revenue in January 2025 only recorded a marginal 0.89 per cent increase when compared with the N479.21bn generated in the corresponding month of 2024.
”FGN retained revenue declined in the review period, owing largely to lower receipts from Federal Government Independent Revenue and FGN’s share of exchange gain.
“At N0.48tn, provisional FGN retained revenue was 69.19 and 70.40 per cent below the levels recorded in the preceding period and monthly target, respectively”, it revealed.
While this points to stagnation rather than growth, the marginal rise was wiped out by the overwhelming debt service obligations.
The retained revenue components showed that the Federation Account contributed N167.69bn, while the VAT Pool Account delivered N90.73bn.
By: Corlins Walter
Business
Wage Award: FG Plans 5 Months Arrears Payment

The Federal Government has announced plans to commence the payment of the outstanding N35,000 wage award arrears owed workers in the Federal Civil Service.
A statement issued by the Office of the Accountant-General of the Federation (AGF), which was signed by the Director of Press and Public Relations, Bawa Mokwa, said the outstanding arrears will be paid in instalments, with workers set to receive N35,000 per month for five months.
It clarified that the first tranche of the wage award arrears would be released immediately after the April salary payment.
“The wage award arrears was not paid with the April 2025 salary; it will come immediately after the salary is paid”, the statement read.
The Federal Government had earlier disbursed wage awards to federal workers for five months as part of efforts to cushion the impact of economic reforms. However, five months’ arrears remained unpaid.
The AGF office further reiterated the government’s commitment to fully implementing all policies and agreements relating to staff remuneration and welfare, noting that such efforts were geared towards enhancing productivity and operational efficiency across ministries, departments, and agencies.
The N35,000 wage award was introduced in 2023 as a palliative measure to support workers following the removal of the petrol subsidy and other economic adjustments.
In January this year, the Federal Government assured workers that it would clear the arrears of the N35,000 wage award, just as it also said the government had resumed the payment of the wage award.
The government also reiterated its commitment to addressing issues in the National Minimum Wage agreement reached with the Organised Labour in 2023.
The Minister of Labour and Employment, Nkeiruka Onyejeocha, had disclosed the government’s commitment towards implementing agreements with trade unions during separate meetings with the leadership of the Trade Union Congress and Congress of University Academics, in Abuja.
The Nigeria Labour Congress had criticised the Federal Government over the delay in the payment of the minimum wage for certain workers in the federal civil service.
Also, the Federal Government had earlier blamed the delay in payment on the prolonged approval of the 2025 budget.
By: Corlins Walter