Business

FG Probes Indorama, Total, 10 Others Over Expatriate Quota

Published

4 years ago

April 18, 2022

The Federal Government has identified Indorama Eleme Petrochemical Limited, International Business Machines West Africa, Stallion Motors Limited, Liaoning-Efacec Electrical Equipment Co. Nig. Ltd; and Total Nigeria Plc, for allegedly abusing the Expatriate Quota Positions in the country.
Other companies under investigation include AMNI, Sinohydro Zungeru Hydroelectric Power Project Company Limited, Alliance Nigeria Insurance Limited, Yinson West Africa Productions, Sevier Pharmaceutical Development Limited, Jaiz Metal Ltd., and Macha Design and Construction Limited.
Specifically, the government accused the firms of engaging in EQP racketeering and violation of extant policies, rules and regulations on EQP.
The Ministry of Interior, in a report to the National Assembly disclosed that the firms were being investigated by its Enforcement, Investigation and Inspection unit in collaboration with the Independent Corrupt Practices and Other Related Offences Commission and the National Assembly.
The report dated April 5, 2022, said a complaint was received from the Nigerian Content Development and Monitoring Board on the alleged abuse of EQPs by AMNI Ltd. The board recommended sanctions and withdrawal of subsisting EQPs from the errant firm.
It said the inspection team visited the company but it had yet to make any submission, adding that a repeat visit would be made next within two weeks after which appropriate recommendations would be made to the permanent secretary and the interior minister for a final decision.
The ministry stated, ‘’It is important to state that various committees of the National Assembly forward letters to the Ministry of Interior to investigate the activities of some companies in the utilization of the approved Expatriate Quota Positions. This substantiates the need for the creation of the Enforcement, Investigation, and Inspection Unit in the C&B Department as requested by the Honourable Minister and the Permanent Secretary and as approved by the Head of the Civil Service of the Federation.
‘’Some of the companies being investigated by the Public Accounts Committee of the House of Representatives/ICPC through the Enforcement, Investigation & Inspection Unit are Indorama Eleme Petrochemical Limited; International Business Machines West Africa; Stallion Motors Limited; Liaoning-Efacec Electrical Equipment Co. Nig. Ltd; and Total Nigeria Plc.’’
The ministry revealed that SinohydroZungeru Hydroelectric Power Project Ltd. was reported for the racketeering of EQPs, adding that the company was alleged to have over 300 expatriates as against the 33 it claimed.

‘’The company evaded tax payment and (posed) a threat to the internal security of Nigeria. The company failed to defend the allegations or submit requisite documents,’’ the report further said, noting that the Nigeria Immigration Service arrested over 200 illegal expatriates at the firm on March 10, 2022.

The ministry observed that Alliance Insurance Company Limited violated various laws and regulations governing the approval and utilization of EQPs.

The report further said the company has no file with the ministry ‘’but has EQPs secured through fraudsters from 2011,’’ noting that the Investigation and Inspection Unit of the ministry is assessing the level of the infractions and would take appropriate decisions.

Yinson Operations and Production West Africa Limited were said to have smuggled 58 expatriates into its two floating production storage and offloading units without approval.

The report noted, “Sevier Pharmaceutical Development Limited, a multinational company incorporated on September 27, 2016, is in serious breach of EQPs abuse. The company does not have any record on the E-citibiz platform to show evidence of the initial Business Permits and EQPs.

‘’Since inception, the ministry automation system revealed that the company does not have its profile on the platform to indicate any EQPs approval by the ministry.

The investigation is ongoing to ascertain the circumstances surrounding the initial grant of Business Permit and EQPs to the company.’’

The government pointed out that Metal Works and Macha Design Ltd could not be located at their registered addresses at DeiDei, and Central District, both in Abuja and on the e-cibiz platform.

The report further said, “It is noteworthy that petitions about the abuse of EQPs are regularly submitted to the ministry with regard to violations of policies, programmes, rules and regulations that concern the internal security of the country.

‘’The existence of companies/organisations that have not obtained Business Permits or that engage the services of prohibited aliens is a challenge to the internal security of Nigeria, especially at this time when banditry, kidnapping and other vices are threatening the peaceful co-existences of the nation.

‘’Many stakeholders, organisations and professional bodies that are concerned about the security of Nigeria and negative impacts of illegal aliens have informed the Honourable Minister about abuses and racketeering of Expatriate Quota Positions.’’

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