Business
‘Oil Firms Spill 3,346 Barrels Of Crude Oil In Eight Months’

Some oil and gas companies operating in the Niger Delta spilled 3,346.94 barrels of crude oil, an equivalent of 532,078 litres, in eight months, from January to August 2020, according to data contained in the National Oil Spill Detection Response Agency (NOSDRA) report.
The agency established by the National Assembly of the Federal Republic of Nigeria Act of 2006 as an institutional framework to co-ordinate the implementation of the National Oil Spill Contingency Plan (NOSCP) for Nigeria, regularly embarks on Joint Investigation Visits (JIVs) and ensures the remediation of impacted sites.
A breakdown showed that the volume of oil spilled in the first eight months of 2020, represented a decline of 82.84 per cent, compared to 19,505.07 barrels of crude oil spilled in the same period in 2019.
The value of crude oil spilled in the first eight months of 2019 stood at $780,202, an equivalent of N288.675million.
For 2019, the series of data from NOSDRA revealed that 28,969.86 barrels of crude oil were spilled by oil and gas companies, valued in monetary terms, at $1.159million, an equivalent of N428.754million.
On a company-by-company basis, the report revealed that Shell Petroleum Development Company (SPDC) recorded the highest spills, with 1,335.05 barrels of crude oil spilled in 17 incidents; followed by ND Western, with 1,280 barrels of crude oil spilled in five incidents.
Others on the list include, Chevron Nigeria Limited, one barrel of crude oil spilled in three incidents; Enageed Resources Limited spilled 15 barrels of crude oil in three incidents; First Hydrocarbon Nigeria spilled 62 barrels of crude oil in six incidents; while Guaranteed Petroleum Limited spilled eight barrels in one incident.
In addition, Heritage Energy Operational Service Limited spilled 264 barrels in five incidents; Midwestern Oil and Gas Corporation spilled 37 barrels of crude oil in three incidents; Nigerian Agip Oil Company (NAOC), 185.17 barrels in 12 incidents and Nigerian Petroleum Development Company (NPDC), two barrels of crude oil spilled in one incident.
The rest are Neconde Energy Limited, 12.58 barrels in one spill; Pan Ocean Corporation Nigeria Limited, 20 barrels of crude oil spilled in one incident; Seplat Petroleum Development Company Limited spilled 85.14 barrels of crude oil six incidents; and Total Upstream Nigeria, 40.01 barrels in two incidents.
Giving a breakdown of oil spill by volume, the report stated that in January, February, March, April and May, 2020, 777.73 barrels, 51 barrels, 46.50 barrels, 586.93 barrels, and 105 barrels of crude oil were spilled, respectively; while 38 barrels, 1,737.77 barrels and 4.01 barrels were spilled in June, July and August, 2020, respectively.
In comparison, 5,325.32 barrels, 4,075.84 barrels, 1,290.16 barrels, 1,273.89 barrels, 1,133.63 barrels, 2,240.95 barrels, 1,997.72 barrels and 2,167.56 barrels of crude oil were spilled in January, February, March, April, May, June, July and August, 2019, respectively.
In an interview, an internationally-renowned Environmental Scientist, Explorer and Educator, Prof. Hilary Inyang, who has led many environmental expeditions globally, said: “It would cost between $1million and $30million to clean up one spill incident, depending on some factors, including location and size of contaminated site.
“It is expected that clean up would cost more in the Niger Delta because most of the spills take place in the swamp not on land. It is not about going to the various locations to clean surface oil. It would cost much money to get to the contaminated sites, engage with communities, do fencing, investigation, hire or procure equipment, technology, recruit and train personnel, carry out the exercise as well as do demobilisation and remediation.”
Specifically, with 66 spill incidents involved in the first eight months of 2020, it was gathered that it would cost at least $66million to clean-up the spills, which translates to N25trillion at the current Exchange rate of N380 per dollar.
Nevertheless, investigations indicate that the outbreak of Coronavirus pandemic has slowed down the pace of clean-up and related activities.
In its latest Oil Spill Data, which attributed many of the incidents to vandalism and oil theft, NOSDRA stated: “In order to ensure that the individuals involved in the remediation of oil spills are not put at risk of Covid-19 infection, SPDC, after due consultation with relevant government regulators is currently restricting its oil spill response activities to only those sites where containment and recovery of oil from new releases is required.
“At sites where containment and recovery has been achieved, but remediation of residual oil impact has not yet been completed, activities have been suspended for the safety of workers and community members. This approach will be reviewed on a regular basis and in consideration of advice from Nigerian and international health officials.”
Explaining the damage of oil spills to the Nigerian economy and the environment, Programme Coordinator of the Nigeria Natural Resource Charter (NNRC), Ms. Tengi George-Ikoli, disclosed that the Niger Delta is currently suffering from poor response to oil spill and lack of capacity of government’s agencies to tackle environmental issues.
She warned that unless issues of environment protection are taken seriously, the Niger Delta might suffer immense negative consequences and abandonment when global attention shifts away from fossil fuel.
George-Ikoli lamented that oil exploitation had always presented a huge negative impact on the ecosystem of the Niger Delta region, giving rise to intense land degradation, rapid agricultural decline, fisheries depletion, rampant and destructive oil spillages, continuous gas flaring and toxic water contamination, among others.
This, she added, had negatively affected the health, environment and livelihoods of the Niger Delta people.
George-Ikoli, also lamented that NOSDRA, the agency set up to address some of the grave consequences of oil exploitation, who is also mandated to respond to oil spills, was currently hampered by an almost debilitating lack of capacity.
She further stated that there is currently poor response to oil spills because of NOSDRA’s lack of capacity, adding, however, that the capacity gaps in NOSDRA were not due to a lack of expertise but instead lack of funding and punitive powers.
Also speaking, a Lecturer in Environmental Management and Pollution Control, Nigeria Maritime University, Okerenkoko, Delta State, Dr Sam Kabari, stated that the country needed a NOSDRA which functions as an environmental regulator in the issuance of guidelines and standards and able to address all manner of spills, noting that at the moment, NOSDRA can only detect oil spills but cannot respond.
Business
TTP Trains Customs Agents, Freight Forwarders On Eto App
In a concerted effort to tackle racketeering and reduce inflated transportation costs in the Nigeria’s seaports, Trucks Transit Parks Ltd. (TTP) has trained Licensed Customs Agents and Freight Forwarders on the use of its Ètò electronic call-up system.
The training was held recently at Customs Processing Centre (CPC) Auditorium, Apapa, Lagos, in collaboration with the Nigeria Customs Service (NCS) and supported by the leadership of the Joint Association of Licensed Customs Agents and Freight Forwarders (JALCAFF), Apapa Command.
Speaking at the event, Comptroller Babatunde Olomu expressed appreciation to TTP for facilitating the training and emphasized the need for customs agents to take personal ownership of the Ètò booking process.
“I want to thank TTP for this impactful training. I encourage all customs agents to begin doing their own bookings directly. By doing so, they can take back power from the unscrupulous elements exploiting their lack of knowledge, selling tickets at highly inflated prices,” Olomu declared.
He noted that empowering agents with hands-on training was key to dismantling racketeering networks that have plagued access to the ports and frustrated efficient logistics processes.
Also speaking, the Chairman, Apapa Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA), Chief Emeka Chukwumalu, said the engagement was critical to the ongoing push to reduce cargo transportation costs and ease business operations at the Apapa Port.
According to a freight forwarder, “The training is basically for us to have awareness of the operations of the Ètò call-up system through TTP. We also want to brainstorm on ways to reduce the high cost of cargo transportation in Apapa Port.
“This training opened our eyes to how simple it is to book tickets ourselves. We now know the right steps to follow and how to avoid falling victim to fraudsters.”
Earlier, Head of Operations at TTP, Mr. Irabor Akonoman, talked on common misconceptions about ticket pricing, reaffirming that the cost of Ètò bookings had remained consistent since its inception.
“The official price remains the same since inception. What people are paying higher amounts for is the manipulation by racketeers”.
Business
NECA Holds MSME Fair To Drive Growth
Towards strengthening small businesses and promoting a more supportive regulatory environment, the Nigeria Employers’ Consultative Association (NECA) says it will hold the 2025 edition of its flagship MSMEs Fair on Tuesday (May 6, 2025).
The event, themed, “Galvanising MSMEs for Economic Growth and Stability”, will take place at NECA House in Lagos.
According to NECA’s Director-General, Mr Adewale Smatt Oyerinde, the fair seeks to provide micro, small, and medium enterprises with essential tools, resources, and strategic networks to thrive in Nigeria’s challenging business climate.
He emphasised the vital role MSMEs play in national development, describing them as the “lifeblood of Nigeria’s economy.”
Oyerinde noted that the fair is designed to offer entrepreneurs practical solutions to navigate economic uncertainties, regulatory hurdles, and business scalability issues.
A major attraction of this year’s event is the keynote address by the CEO of FATE Foundation, Mrs. Adenike Adeyemi, a prominent advocate for MSME development.
She is expected to share transformative insights on innovative strategies for sustaining and growing small businesses in Nigeria.
A unique feature of the fair will be interactive sessions with key regulatory bodies. Entrepreneurs will engage directly with agencies responsible for licensing, compliance, taxation, and business registration.
NECA said these sessions aim to demystify bureaucratic processes and foster a more enabling business environment.
It also said the fair will provide a platform for entrepreneurs to exhibit their products and services, connect with potential investors, and explore new markets.
It added that participants would gain critical knowledge on digital transformation, access to finance, and strategies for sustainable business growth.
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· NECA stressed that the fair aligns with its broader mission of promoting enterprise development and economic resilience.
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· “By empowering MSMEs with the right support and information, the organisation aims to stimulate job creation, innovation, and long-term economic stability”, NECA said.
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· The 2025 MSMEs Fair is expected to attract a wide range of stakeholders, including financiers, tech experts, regulators, and industry leaders, all united in advancing the growth of Nigeria’s MSME sector.
Business
Over 2m Passengers Board Blue Rail Train – Commissioner
The Lagos State Commissioner for Transport, Mr Oluwaseun Osiyemi, says over two million passengers have been transported on the Blue Line Rail since its launch, while state-run buses move an average of 42,000 commuters daily.
Osiyemi, who disclosed this during the Year 2025 Ministerial press briefing held at the Bagauda Kaltho Press Centre, Alausa, on Tuesday, noted that the Lagos State Transport Policy, launched in May 2024, was now in its implementation phase, focusing on inclusivity, safety, affordability, and sustainability.
“On rail development, Phase One of the Blue Line (Marina to Mile 2) has served over two million passengers, with Phase Two (Mile 2 to Okokomaiko) in progress.
“Phase One of the Red Line (Agbado to Oyingbo) is now operational with eight stations and additional rolling stocks procured, while Phase two (Oyingbo to link Blue Line at National Theatre) is underway”, he said.
The Commissioner said in the state-owned bus operations, over 60 million commuters have been served since 2019, with daily ridership exceeding 40,000.
He also said plans were on to deploy new buses with Quality Bus Corridors under construction, adding that the Abule=Egba Bus Terminal had also been commissioned.
“For water transport, 15 locally-built Omibus Ferries have been launched and are in operation, with the Ijegun Egba Terminal now open.
“The OMI EKO project, in partnership with the French Development Agency (AFD), will deliver 25 terminals and 78 electric ferries.
“Over 280,000 passengers have used ferry services in the past year, and 12 boats have been upgraded to meet safety standards”, he said.
On road infrastructure and traffic management, the Commissioner said 49 junction improvement projects had been completed, including ongoing ones at Ikorodu, Iju, as well as Allen-Opebi-Toyin axis.
He added that solar-powered Traffic Signal Lights, road markings covering 67.9km, new medians, laybys, and 3,941 parking lots had also been provided.
Additionally, Osiyemi announced that the deployed Automatic Number Plate Recognition cameras had detected over 470,000 traffic violations and that the Vehicle Inspection Service issued over one million roadworthiness certificates.
He also said that the Lagos State Drivers’ Institute trained more than 32,000 drivers in the past 13 months.
The event marked the second anniversary of Governor Babajide Sanwo-Olu’s second term, showcasing major strides in the transport sector under the THEMES+ agenda.
Nkpemenyie Mcdominic, Lagos
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