Business
Senate To Probe Irregularities In BPP Contracts

The Senate has mandated its Committee on Public Procurement to investigate alleged irregularities in the award of contracts by the Bureau of Public Procurement (BPP).
The committee is to report back to the Senate in five weeks.
The decision followed a motion by the Chairman, Committee on Federal Capital Territory (FCT), Sen. Dino Melaye, at plenary.
According to Melaye, there is monumental corruption going on at the BPP where contracts that are supposed to be awarded at N20 million are awarded at N200 million.
“In line with section 5(Q) of the Public Procurement Act 2007, the BPP is mandated to perform procurement audit and submit such audit to the National Assembly bi-annually,” he said.
Melaye said the BPP had repeatedly failed and neglected to perform “this crucial and statutory duty, particularly for conduct of post procurement audit and submission of reports to the National Assembly bi-annually.“This neglect of duty by the BPP has affected the National Assembly in its constitutional duty of conducting oversight with respect to the application of public funds.
“Based on section 61(C) of the Procurement Act 2007, the Bureau of Public Procurement is authorised to issue Certificate of No Objection to contracts awarded by relevant procurement entities.
“The vesting of the above power on BPP is aimed at ensuring that the letters and spirit of the Public Procurement Act is complied with.
“Government is expected to get value for its money, and contracts awarded are within relevant threshold and has it backed by budgetary allocation.”
The lawmaker said the BPP had consistently engaged in under-hand dealings with respect to the grant of Certificate of No Objection while abusing these powers to make pecuniary gains.
He said that if urgent steps were not taken to investigate the allegation and address proven infractions, the BPP was likely to transform itself from the regulator to a disruptor.
This, according to him, will endanger the entire public procurement system.
Melaye also said that most challenges be-devilling the country were as a result of corruption.
“We have not been able to confront corruption from its root through procurement processes.
“It is time for the Senate to take the bull by the horn and ensure that the BPP does what is right so that social services will be available for the less-privileged.
“The prerogative of government is to ensure that the security and welfare of the people are guaranteed.”Seconding the motion, Sen. Shehu Sani said that corruption and anti-corruption had become household names in Nigeria.
Sani said that the BPP was one of the institutions created with the aim to check the processes of contracts award and transactions by governments.
“But, it is unfortunate that in spite of our efforts to address the problem of corruption in this country, it is becoming clear that things have not changed.
“Corruption is perhaps being focused on members of the National Assembly and the Executive.
“We have public office holders, particularly civilservants, we have become contractors. We have to bring practical steps that will cleanse the BPP,” he said.
According to him, the BPP has been unable to address the problems that have to do with procurement in Nigeria.
“It is very much impossible for Nigeria to attain any enviable height as an industralised nation once our system makes it possible for individuals to enrich themselves and impoverish the country.”
The lawmaker called on the Federal Government not to only proclaim its commitment to fighting corruption, but to also see it practically.
Similarly, Sen. Matthew Urhoghide (PDP-Edo) said that in spite of all attempts to check corruption, much had not been achieved.
According to him, to checkmate corruption, there is a need for lawmakers to come with laws that are practicable.
In his remarks, Deputy President of the Senate, Mr Ike Ekweremadu, who presided at plenary, said “as parliamentarians, we have the responsibility to make laws that will reduce corruption and ensure that these laws are implemented.
Business
$5bn Train 7 Project 80% Complete -NCDMB
The Board stated this in a statement released by its Corporate Communications Directorate to newsmen, recently, during the inauguration of 140 trainees for the Train 7 Project.
The trainees had undergone the Nigerian Content Human Capacity Development (NC-HCD) programme it organised in partnership with the Nigeria Liquefied Natural Gas (NLNG) Limited in Port Harcourt, the Rivers State capital.
The Tide gathered that the training programme was an intensive three-month Advanced NC-HCD Programme for the US$5 billion NLNG Train 7 Project on Bonny Island, Rivers State.
The trainees, The Tide further learnt are graduates in different academic disciplines who have completed a 12-month Basic Training Programme in diverse oil-and-gas-industry-related skill sets and are now set for an on-the-job phase which includes active hands-on participation in operational areas such as Turn Around Maintenance (TAM), Commissioning, and Desktop Programmes.
The Corporate Communications Directorate of the NCDMB told The Tide that in November 2024, a set of 331 trainees under Batch A of the NLNG T7 HCD Training Programme began capacity development in facility management, engineering, Information and Communication Technology (ICT), Health Safety and Environment (HSE), Quality Assurance and Quality Control, as well as welding and fabrication.
According to the Board, additional 77 trainees under Batch B of the same Training Programme began capacity development in data analytics and supply chain management among several other fields relevant to the operations of the oil and gas industry.
While addressing the trainees and trainers who were drawn from the Oil and Gas Trainers Association of Nigeria (OGTAN), Management Personnel of the NCDMB and NLNG, the Executive Secretary of NCDMB, Engr Felix Omatsola Ogbe, said the Advanced NC-HCD training is more than a milestone.
“The NC-HCD training programme is an expression of the collective commitment of the Board and the NLNG to nurturing world-class Nigerian professionals who will shape the future of our oil and gas industry.
“The Board has remained steadfast in its conviction that Human Capital Development is a critical investment in the sustainability and competitiveness of Nigeria’s oil and gas value chain”, the NCDMB boss said.
Business
Ageing Aviation Workforce: Minister Urges Youth Grooming For Replacement
He said the situation has resulted in widened knowledge gaps and operational challenges.
As a globally regulated sector, he said it was important that stakeholders put measures in place to attract the talents required to move the industry forward.
Keyamo, therefore, called on stakeholders in the industry to be deliberate in identifying, encouraging, nurturing and harvesting young talents to ensure a sustainable supply of manpower to the aviation sector.
Director of Public Affairs and Consumer Protection of the FAAN, Mrs Obiageli Orah, in a release made available to aviation correspondents, noted that the Minister deemed it necessary to attract the right quality of human resources required to move the sector forward.
“As a globally regulated sector, it is important that stakeholders put measures in place to continually attract the right quality and quantity of human resources required to move the industry forward.
“It is important to note that organising training programmes are avenues through which we can breed, nurture, and harvest such human resources.
“One of the critical challenges facing the industry is the ageing and retiring workforce, leading to widened knowledge gaps and operational issues.
“Training programmes, I believe, is among other things designed to make aviation appealing to the younger generation, while encouraging them to develop interest in taking up a career in the industry”, the statement stated.
Meanwhile, some aviation stakeholders have expressed concerns of countless young Nigerians who seek to make their mark in aviation, tourism, and the wider transport ecosystem but often face steep barriers to entry.
According to them, lack of access, limited mentorship, financial constraints, skill mismatches, and systemic gaps, among others, have posed some constraints to them.
Business
Ogbe Gets Appo Board Appointment
The Tide gathered that by the appointment, Ogbe becomes Nigeria’s representative on the Board of the 18-member continental body, which has its headquarters at Brazzaville, Republic of the Congo.
Ogbe was picked for this role by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, who doubles as the Chairman of the NCDMB Governing Council.
The notice of the Executive Secretary’s appointment was conveyed in a congratulatory letter signed by the Director of Support Services, APPO, Mrs. Philomena Ikoko, on behalf of the Secretary-General of the organisation, Dr. Omar Farouk Ibrahim.
She applauded the NCDMB boss on the confidence reposed in him by the Minister, expressing her belief that he would make immense contributions to the development of the African oil and gas industry.
Mrs Ikoko stated that Ogbe was joining the Executive Board of APPO at a challenging time for the oil and gas industry, especially in Africa.
“Your appointment is a major call to duty for Nigeria and the continent. The secretariat will give you the support you will need to make a success of your assignment”, she said.
According to a statement by the Directorate of Corporate Communications and Zonal Coordination, the NCDMB played key roles in catalysing the operations of APPO and the development of local content in Africa.
The statement added that the board was providing institutional support and mentorship to several oil producing countries in their formulation of local content policies.
“The NCDMB initiated the African Local Content Roundtable (ALCR) and hosted the inaugural edition in Yenagoa, Bayelsa state, in June 2021, and the event was attended by key officials of APPO and other oil industry players.
“The idea for the Africa Energy Bank (AEB) was mooted by NCDMB’s officials at the event, as one of the strategies that would accelerate the growth of the African oil and gas industry and deepen local content.
“The Board also collaborated with APPO to host subsequent editions of the African Local Content Roundtable (ALCR), including the 2023 edition held at Abuja.
“The Africa Energy Bank, which APPO is setting up at Abuja, is aimed at pooling financial resources needed to fund big-ticket oil and gas projects across the continent, and bridge funding challenges currently impeding the development of the sector”, the NCDMB’S said.
Meanwhile, the APPO Secretary-General has said the Africa Energy Bank seeks to fund oil and gas projects across economies in Africa and help to plug critical financing gaps that exist through the continent’s over reliance on financiers from the West.
He added that each APPO member country is expected to raise $83 million with an objective of raising $5 billion capital for the establishment of the Bank.
The Tide learnt that recently Nigeria, Angola and Ghana have contributed their share capital for the African Energy Bank, which represents 44 percent of the trio’s contributions to the minimum capital that is required from oil producing countries in the continent.
It would be recalled that at the Nigerian Oil and Gas Opportunity Fair (NOGOF) held recently, the NCDMB’s Scribe confirmed that the agency was part of key institutions that pooled resources for the formation of the Africa Energy Bank.
Ogbe announced that the Bank will open for business before the end of the 2nd quarter of this year, 2025, expressing hope that it will create more funding availability for local oil and gas projects and companies.
Similarly, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, had stated at the Offshore Technology Conference that Afrexim Bank has already raised $19billion for the take-off of the Africa Energy Bank.
According to him, $14 billion out of the funds represents the bank’s financial exposure on African oil and gas projects, with the additional $5 billion as take-off capital.
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