Business
NCDMB Recommits To Mandate…Partners Renaissance, MJD Oilfield Services On 33 Young Engineers Training
Renaissance Africa Energy Company Ltd, MJD Oilfield Services Ltd in partnership with the Nigerian Content Development and Monitoring Board (NCDMB), have begun the Nigerian Content Human Capital Development (NC HCD) Training Programme for 33 young graduate Engineers.
A statement from the Directorate of Corporate Communications of the NCDMB noted that the training for the young graduates comprises engineering, geology and related disciplines
The programme, according to the Board commenced on Friday in Port Harcourt, Rivers State where the young graduates underwent opening formalities for a 12-month training in pipeline engineering, corrosion control and monitoring.
The Board further added that the training was geared towards developing expertise for protection and sustenance of the country’s energy infrastructure.
According to the NCDMB, trainees will have classroom technical sessions, simulation-based learning, field demonstrations, on-the-job training, mentorship and coaching.
Other areas of the training, the Board said would include case study reviews, and continuous assessment as well as evaluation.
The Board noted that expected outcomes of the programme include skilled project-ready personnel, measurable local content impact, creation of pipeline integrity talent pool, and long-term infrastructure reliability.
In his address at the event, Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, represented by the Manager, Human Capital Development, Mrs. Tailgate Bribena-Teide said pipeline pigging, a process involving insertion of devices called pigs into pipelines for cleaning, gauging, etc. to ensure integrity of the system, and corrosion control, protect the pipelines, prevent costly failures, and safeguard the environment and the economy.
He noted that the expertise gained from the training would position trainees to contribute meaningfully to major national projects such as the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline, measuring 614 kilometres, and many others, which as he explained, is in accord with the Board’s mandate to build local capacity, deepen Nigerian participation in the oil and gas industry, and create opportunities that drive national growth.
Ogbe expressed his appreciation to Renaissance Africa Energy Company Ltd for partnering the Board and commitment to developing Nigerian talent.
He urged the trainees to approach the programme with discipline and determination, noting that lessons gained would shape them into professionals capable of solving real industry problems.
In his remarks, representative of Renaissance Africa, Engr. Funso Alabi, thanked the NCDMB profoundly for its support to the company and for all it has done toward growth of the Nigerian oil and gas industry.
Heghlighted the extraordinary achievements recorded in HCD since inception of the Board, with Nigerians occupying key positions in industry and others doing so well abroad.
“NCDMB has done so much. The Board is turning Nigeria into a great nation”, he said.
He also thanked MJD Oilfield Services for the calibre of trainers assembled to run the training programme.
Also speaking, the Managing Director, MJD, Mr. Olayemi Familusi, expressed gratitude to the NCDMB and Renaissance, noting that changes in the oil and gas industry brought about by NCDMB’S initiatives are everywhere, particularly in the development of indigenous companies and human resources.
In his closing remarks, Chief Austin Ugbunaia, Project Manager of MJD, thanked the Board and Renaissance for the opportunity to play a part in capacity development, while assuring them of quality training and exposure for the trainees.
By Ariwera Ibibo-Howells, Yenagoa
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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
The Management of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
The Managing Director NPA, Dr Abubakar Dantsoho, stated this during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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