Business

Belemaoil Explains Projects Execution In North -Jack-Rich Tein Jr

Published

7 years ago

July 15, 2019

In its continued drive to bring succor to the people of host communities, Niger Delta region and Nigeria at large, leading indigenous oil producing Company, Belemaoil Producing Ltd., operators of the NNPC/Belemaoil JV, has commissioned water and road projects in Northern Nigeria.
The projects were executed in Katsina, Bauchi, Gombe and Sokoto States, under the NNPC/BelemaoilJoint Venture.
Speaking at the commissioning of the projects, President/Founder of Belemaoil Producing Ltd., Mr. Jack-Rich Tein Jr., said the projects are part of the ways of promoting oneness and unity in Nigeria and to better the lots of the people and give them a better lease of life.
Tein Jr. said as someone who comes from a community that lacked potable water for hundreds of years, he understood the plights of the people of the communities who had to travel miles to get drinkable water.
He said, despite political differences and affiliations, Nigeria has remained one country and Nigerians must build bridges that promote love and oneness.
He said: “This gathering here today is as a result of our desire to share fellowship, to share oneness, a one united country called Nigeria. Nigeria is one indivisible country that is centred on love irrespective of the political insinuations, affiliations and we must as a matter of fact build bridges that unite us. Political parties are platforms we use in showcasing our interests but when we get back to these political parties, Nigerians get back to us.
“We are here to demonstrate oneness; we are here to demonstrate love. You here in the north and myself from the Niger Delta, are one. Every country, the U.S., UK, Europe, they all have their challenges but when you have a challenge what you do with that challenge draws you to solution. So, the challenges we are going through as Nigerians is to bring us together and design new ways of making Nigeria a better country.
“When my friend, Umar Kumo (PA on Special Duties to SGF) mentioned this project to me, I said what your community is facing; my community is also going through. My community has been there for six, seven hundred years with so much wealth in terms of natural resources and all that but lacked potable drinking water. We drink from contaminated stagnant stream and well water that has been contaminated.
“He said to me, my community travels about 10-12 kilometres in search of water and I promised them that because NNPC love community development, I will initiate the project and see how we can embark on them. We are happy that this project has come to a successful end and we are commissioning themt today.”
The President/Founder of Belemaoil, thanked the NNPC and President Muhammadu Buhari for supporting the project and for granting the company the operatorship license of the OML-55, which has given the company opportunity to better the lots of many across the country. He, however, charged the people to guard the projects jealously and maintain them for the continued good of the people.
In his speech, the Group Managing Director of NNPC, represented by Mrs. TolulopeDerin-Adefuwa, called on the people to make good use of the projects. He said NNPC embarks on community development projects through its partnerships for grassroots development.
He said: “We are partnering with Belemaoil JV to bring this project to us. It is our firm and strong belief on our part to support the communities nationwide and we do this through joint partnerships, we do this with our products sharing contract companies to deliver community development projects to the whole of Nigeria. We do economic empowerment programmes which we deploy relief materials to the IDP Camps, we do Education programmes, we do scholarships and so many other projects which we believe will touch the lives of the citizens of Nigeria.”
High points of the ceremony were the Turbaning of the President/Founder of Belemaoil Producing Ltd as SarkinRuwan Hausa by the Emir of Daura, HRH Alh. (Dr) Umar Farouq Umar, in Katsina State and SarkinRuwan Akko, by the Emir of Akko, Gombe State, HRH.Alh.Umaru Muhammadu Atiku (Lamidon Akko), respectively.

Business

Pipeline Explosion In Abua Odua, LGA Chair Calls For Calm

Published

4 days ago

July 3, 2026

The Tide

Fresh explosions have hit oil and gas pipelines in Odau Community, in Abua/Odual Local Government Area of Rivers State, triggering a major security and environmental crisis that has forced residents to abandon their homes.

The first incident occurred along the Kolo Creek – Rumuekpe crude oil pipelines, operated by Renaissance Africa Energy Company Limited.

This was followed by a gas pipeline explosion on the Ogboinbiri – Obirikom Gas Pipeline, operated by Oando Plc, in the same week.

In a statement by the Abua/Odual Council Chairman, Hon. Owolobi Michael Ofori said the blasts, suspected to be the handiwork of militants, have unleashed persistent gas leakage in the area, raising fears of fire outbreaks and toxic exposure as residents of Odau have largely deserted the community due to the dangerous situation.

According to him, some residents of the area have been hospitalised after inhaling the leaking gas, adding that the impact has spread to neighbouring communities, including Obedum, Emirikpoko, and Anyu in Abua/Odual LGA, as well as Oruma and Ibelebiri in Bayelsa State.

Hon. Ofori expressed deep concern over the plight of the affected residents and urged the operating companies to act swiftly.

The Council expressed its deepest sympathy to all affected persons and communities and remained gravely concerned about the safety, health, and welfare of residents whose lives and livelihoods have been disrupted by these incidents.

“We call on Renaissance Africa Energy Company Limited and Oando Plc to immediately deploy all necessary technical and emergency response resources to contain the fires, halt the gas leakage, secure the affected pipeline corridors, and mitigate further environmental and public health risks.” the Council Chairman Said.

The chairman also appealed to the two oil firms to provide immediate humanitarian assistance and relief materials to the displaced residents while work continues to restore normalcy.

The Council Chairman said he is working closely with security agencies and emergency responders to monitor the situation and coordinate necessary interventions.

The Council Boss advised Residents of the Local Government Area to remain calm, cooperate with authorities, and adhere strictly to safety directives.

Ofori further called on the National Emergency Management Agency (NEMA), the National Oil Spill Detection and Response Agency (NOSDRA), the Rivers State Government, and other relevant bodies to intervene urgently to prevent loss of lives and environmental damage.

Hon. Ofori assured that the council remains committed to the protection and welfare of its people and will continue to engage all stakeholders to resolve the crisis.

Enoch Epelle

Business

Fidelity Bank Collaborates YEIDEP To Empower Nigerian Students

Published

4 days ago

July 3, 2026

The Tide

Fidelity Bank Plc has reaffirmed its commitment to youth empowerment, financial inclusion and entrepreneurship through a strategic partnership with the Youth Economic Intervention and De-radicalization Programme (YEIDEP), a Federal Government-backed initiative aimed at equipping young Nigerians with the skills, support and opportunities needed to build sustainable livelihoods.

Under the partnership, the bank will support the enrolment of students and young people into the YEIDEP programme, which is designed to tackle youth unemployment, promote enterprise development and expand economic participation among Nigeria’s growing youth population.

The next phase of the initiative is scheduled to end today at Nnamdi Azikiwe University, Awka, where the enrolment exercise for students and youths across the South-East that started since July 1st would be concluded at the university’s Convocation Arena.

The exercise is expected to reach more than 60,000 regular undergraduate students.

Speaking on the partnership, Fidelity Bank’s Divisional Head, Product Development, Osita Ede, said youth empowerment remains central to the bank’s vision of building a more inclusive and prosperous society.

He noted that Nigeria’s youths represent the country’s greatest asset and stressed that providing them with the right skills, opportunities and financial support is critical to unlocking their potential and driving national development.

According to Ede, the bank continues to provide young Nigerians with tools for success through its digital banking platforms, financial literacy initiatives, youth-focused products and strategic partnerships.

He added that Fidelity Bank recognises that limited access to funding, mentorship and business development support remains a major challenge for many aspiring entrepreneurs, and is committed to creating pathways that will help them overcome these barriers.

The bank said its support for YEIDEP aligns with its longstanding commitment to empowering Micro, Small and Medium Enterprises (MSMEs), which it described as key drivers of economic growth and job creation in Nigeria.

Interested students and youths have been encouraged to open Fidelity Bank accounts and register for the programme through the bank’s dedicated online portal.

Nkpemenyie Mcdominic, Lagos

Business

NPA Launches Multi-Agency Taskforce To Combat Apapa Traffic Gridlock

Published

4 days ago

July 3, 2026

The Tide

The Nigerian Ports Authority (NPA) has launched a multi-agency task force to combat the resurgence of traffic gridlock choking the Lagos Port access roads, in a fresh push to restore seamless cargo evacuation and sustain recent gains in Port efficiency.

The intervention followed a stakeholders’ meeting convened by the Managing Director of NPA, Dr. Abubakar Dantsoho, on June 23rd, 2026, where security agencies, freight forwarders, truck operators and representatives of the Lagos State Government agreed on coordinated measures to eliminate the bottlenecks disrupting cargo movement.

At the meeting, stakeholders identified illegal extortion points, overlapping responsibilities among security agencies and other operational distortions as major factors responsible for the renewed congestion along the port corridor.

Speaking on the outcome of the meeting, the NPA’s General Manager, Corporate and Strategic Communications, Mr. Ikechukwu Onyemakara, said the Authority’s overriding priority is to guarantee the unhindered movement of cargo to and from the nation’s seaports.

According to him, the task force comprises the NPA, the Police, the National Association of Government Approved Freight Forwarders (NAGAFF), the Association of Nigerian Licensed Customs Agents (ANLCA), the Federal Road Safety Corps (FRSC), the Maritime Workers Union of Nigeria (MWUN), the Nigerian Association of Road Transport Owners (NARTO) and the Association of Maritime Truck Owners (AMATO).

“The responsibility of the task force is to monitor truck movement on the Port access roads on a regular basis, identify any disruption capable of causing gridlock and immediately resolve such challenges,” Onyemakara said.

He stressed that members of the task force would not establish checkpoints along the corridor but would maintain strategic presence at designated locations to ensure compliance without obstructing traffic.

To enhance rapid response, Onyemakara disclosed that the task force has created a dedicated WhatsApp platform through which members can instantly report infractions or emerging traffic issues for immediate intervention.

On the long-delayed renewal of the Electronic Truck Call-Up (ETO) system contract, the NPA spokesman said the Authority is reviewing the terms to ensure a more robust contractual framework before awarding a fresh agreement.

He explained that although the previous contract had expired, the ETO platform remains operational under the management of the Truck Transit Parks (TTP) pending completion of the procurement process.

He expressed confidence that the renewal would be concluded soon.

Reaffirming the Authority’s commitment to maintaining free-flowing Port access roads, Onyemakara said efficient logistics remain central to the NPA’s drive to improve Nigeria’s Port competitiveness and preserve its growing international reputation.

“We are more interested in the free flow of logistics into our ports than anyone else because it is in our own interest,” he said

Nkpemenyie Mcdominic, Lagos