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Averting NUPENG Strike Over Eleme Road

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For the past two months, there has been a public outcry over the terrible situation of the road from Eleme junction to the Refinery in Port Harcourt, the Rivers State capital.
For millions of Nigerians plying the route on daily basis, in the course of private and public businesses, the condition of the road has not only become deplorable but impassable.
A journey across this axis of the road which ordinarily should take about 20 minutes, now takes about four hours under very frustrating conditions.
The National  Union of Petroleum and Natural Gas Workers (NUPENG), particularly  the Petroleum Tanker Drivers (PTD) branch of the union, has consistently appealed to the Federal Government to give urgent attention to the road.           The body said, if permanent attention cannot be given to the road, at least, let temporary measures be provided to enable its members operate on the road in view of the peak of the rainy season.
Tanker drivers who ply the road daily while distributing petroleum products from Eleme Refinery to different parts of the country have lamented that the condition of the road has become a nightmare and a major frustration in their business operation.
Disappointed that their appeals have not been able to attract the Federal Government’s sympathy or attention to their plight, the body threatened to withdraw its members services to the nation.
The Rivers State chairman of PTD, Comrade Lucky Etuokwu, in his several media out busts had explained the pains, frustrations and heavy maintenance costs that petroleum tanker drivers have to bear due to the deplorable road condition.
According to him, there is need for government to fix the road before the peak of the rainy season because of the flood, occasioned by lack of drainage, covers the road, tanker drivers would find it difficult to meander through the bad spots and that this could lead to ship-off and eventual fall of trucks.
In an event of a fall, the petrol fire likely to follow could take lives of the drivers and other persons, as well as vehicles and structures close to it, adding that the  petroleum products content of the truck which runs into millions would also go.
Etuokwu consistently called on the Federal Government as well as the Rivers State Government to fix the road to forestall the dire consequences, threatening that the body would have no option than to withdraw the services of its members, if government fails to do the needful.
Just as PTD is calling and wailing, the parent organization, NUPENG also aligned with it and added that if the appeals fail, it would also embark on a nationwide strike.
AS the voices of PTD, NUPENG and the public reached a crescendo, there came a ray of hope when the Minister of Power, Works and Housing, Babatunde Fashola, arrived the state (barely two weeks ago) on his official visit to Afam Power Plant in Oyigbo  Local Government Area. Expectation was that the minister would take the advantage provided by his visit to make clear statement about Federal Government’s concern on the road. But such was not to be.
Again, by fortunate coincidence, the Minister of Transportation, Rotimi Amaechi, an indigene of the state, flew into Port Harcourt on the occasion of his 52nd birthday celebration. Amaechi’s visit provided yet another hope for the suffering Nigerians that the minister would, at least, given an indication of the government’s feelings, particularly when the issue impinges on transportation. But, again, this was to no avail.
They had wondered, does it mean that, the public outcry over the dangerous situation of the road does not matter to the Federal Government? Or is the Federal Government too busy with more pressing issues that it cannot consider the serious threat being posed to lives of the citizens and the economy of the nation in view of the strategic position of their road? Where then lies the hope of the people?
Apparently worried by the seemingly not-so-important attitude of the government to the road, youths of some local government areas along this axis of the East West Road, rose up Friday, threatening total blockage of the road. According to the spokespersons of the youths, if in seven days, nothing was done by government, they would block the road and bring to a total halt all movements.
Should the ultimatum of the vexing youths elapse and the route be totally blocked in protest? Should the tanker drivers withdraw their services? Should NUPENG call out oil workers on a nation-wide strike before the needful is done? The consequences would be so dire to our national economy that is already at a strait.
The consequences of the two actions of youths and oil workers would indeed be too far-reaching. There would be crisis in the distribution of petroleum products, creating scarcity and price increase nationwide. NUPENG strike means calling on oil workers to down tools resulting in a replay of our old ugly tunes. A mental picture of rampaging youths blocking this busy road would be terrible and better left for the imagination.
The best option is for the Federal Government to get on top of the situation and save the nation, a trauma of these ugly events which might follow.
Apart from the refinery, this axis of the East-West Road connects the Federal Ocean Terminal (FoT), the Naval College, Indorama the biggest petrochemical plant in the West African sub-region, and of course, the Onne Oil and Gas Free Zone (OGFZ) which hosts over 250 companies.
There is no gain saying that the road plays a major role in the economic life of the nation. But neglect of this road has become historic and many believe that the earlier it is given the attention it deserves, the better for the nation.
The road in question is a Trunk A road whose responsibility to maintain is that of the Federal Government. But the inability of the central government to give adequate attention to the road has directly pushed pressures on Rivers State Government.
Recall that at the inception of the present administration in the state led by Governor Nyesom Wike, it took remedial actions to fix the road which was in a terrible condition and also affecting negatively the operations of companies in the area.
Governor Wike then reached out to the managements of some of the companies operating in the area and initiated a temporary rehabilitation of parts of the road. This step was able to sustain public movement till the present period.
Before Wike’s administration, the preceding administration in the state led by Rotimi Amaechi invested so much resources and funds on Federal Government roads in the state with the hope that government at the centre would refund. But the state could not get its refund till that administration elapsed. The reluctance or unwillingness of Federal Government to refund states what they spent in fixing Trunk A roads in their various areas has become a big discouragement for them to continue.
To be sincere to the Federal Government, it had made efforts in the past to rebuild the East-West road, but that was not achieved. Billions of naira was reportedly uncovered to have been defrauded the system by the contractors who blew the billions and left us all in this mess. Yet,  it is the responsibility of the Federal Government to make these contractors to cough out our billions.
Federal Government is expected to find a lasting solution to this East-West road that had for decades remained a nightmare to travelers. It could through its agencies and with the support of the National Assembly save us all from the mess by declaring a state of emergency on this road that is a life-wire of the nation’s economy.
But while expecting the Federal Government’s permanent solution, Governor Wike of Rivers State can also do good by finding a temporary measure to the road. In Wike’s score card, road construction remains one of his winning points and this feat cannot be sustained if people and residents of Rivers State continue to suffer avoidable trauma due to terrible conditions of Trunk A roads in  the state.
In fixing the dangerous spots on the Eleme Junction-Refinery road axis of the East – West Road, let Governor Wike also extend this temporary measure to Eleme Junction to Oyigbo axis of Aba Road which is also a Trunk A road and in a state of abandonment.
By fixing these federal roads so far neglected by the central government, Governor Wike  would not only be improving his profile as “Mr Project”, but would also be helping the nation in averting another national disaster that goes with a nation-wide oil workers’ strike.

Chris Oluoh

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NCDMB Unveils $100m Equity Investment Scheme, Says Nigerian Content Hits 61% In 2025 ………As Board Plans Technology Challenge, Research and Development Fair In 2026

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The Nigerian Content Development and Monitoring Board (NCDMB), has unveiled a $100 million Equity Investment Scheme among a raft of fresh initiatives to bolster indigenous capacity and participation in the oil and gas industry.
Executive Secretary of the Board, Engr. Felix Omatsola Ogbe, disclosed this while delivering his keynote address at the opening of the 14th Practical Nigerian Content Forum, held in Yenagoa, Bayelsa State.
Ogbe said the $100 million Equity Investment Scheme would provide equity financing to high-growth indigenous energy service companies, while diversifying the income base of the Nigerian Content Development Fund (NCDF).
In furtherance of the scheme, a memorandum of understanding (MOU) was signed at the event between Engr. Ogbe and the Managing Director of the Bank of Industry, Dr. Olasupo Olusi toward the management of the scheme, which is a new product of the Nigerian Content Intervention Fund (NCI Fund).
The NCDMB Scribe also announced that 61 per cent Nigerian Content level has already been attained in the oil and gas sector by the third quarter of 2025 from projects being monitored by the Board.
Ogbe further expressed the board’s readiness to onboard a new set of Project 100 Companies after the successful implementation of approved interventions relating to the first set of Project 100 Companies, launched in 2019, for which an exit plan is slated for April 2026.
The ‘Project 100 Companies’, TheTide learnt, is an initiative of the Ministry of Petroleum Resources and the NCDMB under which 100 indigenous companies in the oil and gas industry were nurtured and empowered to higher levels of competitiveness through capacity building and access to market opportunities.
The NCDMB helmsman also said the Board has concluded plans to launch its NCDMB Technology Challenge in the first quarter of 2026 and to hold a Research and Development Fair in the second quarter of 2026.
In addition to its ongoing initiatives, the board further stated that a review of its seven current guidelines would be undertaken between the first and second quarter of 2026.
“The Board has completed the framework for issuance of NCDF Compliance Certificate, an instrument to confirm that a company in the oil and gas industry has complied with the one per cent remittance obligations.
“The Certificate will become effective on Ist January 2026 and would be required to obtain key permits and approvals from the Board”, Ogbe said.
In his address, the Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, said the theme of the PNC Forum, “Securing Investments, Strengthening Local Content, and Scaling Energy Production,” captures Nigeria’s national priorities that guide interventions by the Board and his Ministry.
He insisted that investment remains the lifeblood of the energy sector, and that the Board and the Ministry were committed to providing stable policies, transparent processes, and market-driven incentives, to attract long-term capital,  assuring that the ministry would continue to strengthen local capacity across fabrication, engineering, technology services, manufacturing of components, and research and development.
On his part, the Minster of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, noted with satisfaction that a decade-long stagnation in the oil and gas industry was overcame with the enactment of the long-delayed Petroleum Industry Act (PIA), 2021, and Presidential Directives issued by the Administration of President Bola Ahmed Tinubu in March 2024.
He said Nigeria has regained investor-confidence as signalled by the recent surge in FIDs and the increase of oil rigs from 14 to over 60, with 40 currently in active service.
“Our investment climate now is globally competitive, our fiscal terms are globally competitive. Our policies must be seen to be consistent at all times. The Federal Government is prepared to support Nigerian Content and the oil and gas industry, but then, things have to be done responsibly., he said.
In a goodwill message, the Managing Director, BOI, Dr. Olasupo Olusi, said that the collaboration between the NCDMB and BOI marked a significant expansion of a longstanding relationship, while assuring that through the $100 million NCIF Equity Investment Fund, the Bank of Industry would deploy equity and quasi-equity capital to support high-potential Nigerian companies to complement traditional debt financing and strengthening access to the long-term risk capital required for scale, competitiveness, and value creation.
“With a single obligor limit of $5 million, the Fund is designed to catalyze multiple high-impact investments while maintaining strong governance and prudent risk management”, the BOI Managing Director said.
On her part, the Special Adviser to the President on Energy, Mrs. Olu A. Verheijen, commended the NCDMB for sustaining the PNC Forum, which she said, accelerates change, drives competitiveness, and pushes the industry toward global standards.
She urged stakeholders to remain intentional and not incidental about in-country value addition, as they chart the path toward building a resilient, competitive industrial base in Nigeria.
By;  Ariwera Ibibo-Howells, Yenagoa
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Power Supply Boost: FG Begins Payment Of N185bn Gas Debt

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In the bid to revitalise the gas industry and stabilise power generation, President Bola Ahmed Tinubu has authorised the settlement of N185 billion in long-standing debts owed to natural gas producers.

The N185 billion legacy government obligations to gas producers for past supplies had strained cash flow and hindered operations, discouraged further exploration and production, and reduced gas supply for power generation, thereby worsening Nigeria’s power shortages and unreliable electricity supply.

The payment, to be executed through a royalty-offset arrangement, is expected to restore confidence among domestic and international gas suppliers who have long expressed concern about persistent indebtedness in the sector.

Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, said the move, endorsed by the National Economic Council (NEC) headed by Vice President, Kashim Shettima, marked one of the most significant interventions in Nigeria’s energy sector in recent years.
In a statement issued by the his Spokesman, Louis Ibrahim, Ekpo described the approval as a “decisive step towards revitalising Nigeria’s gas sector and strengthening its power-generation capacity in a sustainable manner,”
While noting that the intervention aligned with the ‘Decade of Gas’ initiative, which aims to unlock more than 12 billion cubic feet per day (bcf/d) of gas supply by 2030, Ekpo said clearing the arrears would deliver wide-ranging benefits, beginning with restoring investor confidence in the sector.

According to him, settling the debts is crucial to rebuilding trust between the government and gas producers, many of whom have withheld or slowed new investments due to uncertainty over payments.

Ekpo explained that improved financial stability would help revive upstream activity by accelerating exploration and production, ultimately boosting Nigeria’s gas output adding that Increased gas supply would also boost power generation and ease the long-standing electricity shortages that continue to hinder businesses across the country.

The minister noted that these gains were expected to stimulate broader economic growth, as reliable energy underpins industrialisation, job creation and competitiveness.

In his intervention, Coordinating Director of the Decade of Gas Secretariat, Ed Ubong, said the approved plan to clear gas-to-power debts sends a powerful signal of commitment from the President to address structural weaknesses across the value chain.

“This decision underlines the federal government’s determination to clear legacy liabilities and give gas producers the confidence that supplies to power generation will be honoured. It could unlock stalled projects, revive investor interest and rebuild momentum behind Nigeria’s transition to a gas-driven economy,” Ubong said.

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The AI Revolution Reshaping the Global Mining Industry

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The global mining industry is undergoing a rapid digital transformation, driven by the dual pressures of the energy transition and increasingly complex extraction environments. A new market report projects the global Artificial Intelligence (AI) in mining market will nearly quadruple in value over the next seven years, reaching $9.93 billion by 2032.
This surge in adoption comes as miners face a “perfect storm” of challenges: declining ore grades, labor shortages, and an insatiable global appetite for the critical minerals required to power electric vehicles (EVs) and renewable energy grids.
According to data released this week, the market for AI in mining is valued at approximately $2.6 billion in 2025 and is expected to expand at a Compound Annual Growth Rate (CAGR) of 21.1 percent through 2032.
While the mining sector has historically been viewed as slow to modernize, the need for efficiency is forcing a change. The integration of autonomous haulage systems, predictive maintenance analytics, and “digital twins”—virtual replicas of physical mine sites—is shifting from pilot projects to standard operational necessity.
The “Operations & Process Optimization” segment is currently the dominant application, expected to account for more than 35 percent of the market in 2025. This technology allows companies to squeeze higher yields out of lower-quality rock, a capability that is becoming essential as easily accessible high-grade deposits are depleted worldwide.
The driving force behind this investment is the global scramble for critical minerals. The report highlights that the metal mining segment held the largest market share in 2024, directly correlated to the demand for lithium, copper, cobalt, and nickel—the backbone of the green energy economy.
“Metal mining operations involve highly complex processes—from ore body modeling and exploration to drilling, blasting, grinding, and material movement,” the report notes.
“AI supports these functions through predictive analytics… enabling cost reduction and higher yield recovery.”
For Western nations, this technological pivot also holds geopolitical weight. With China currently dominating the processing of rare earth elements, Western mining majors are under pressure to ramp up domestic production and efficiency to secure supply chains for battery manufacturing and clean energy infrastructure.
Beyond productivity, the industry is leveraging AI to address its most persistent operational risk: safety. The “Safety, Security & Environmental” segment is projected to record the highest growth rate during the forecast period.
Mining remains one of the world’s most hazardous heavy industries. Companies are increasingly deploying AI-powered video analytics and real-time worker tracking to prevent accidents involving heavy machinery and to monitor for gas leaks or ventilation failures in underground operations.
Furthermore, stricter Environmental, Social, and Governance (ESG) criteria from investors are pushing miners to adopt AI for environmental compliance. New tools allow operators to monitor tailings dams for stability, track emissions in real-time, and optimize water usage, ensuring that the intensifying race for minerals does not come at the cost of environmental stewardship.
Geographically, the Asia Pacific region commanded the largest share of the AI in mining market in 2024 and is expected to maintain the highest growth rate.
This dominance is underpinned by massive production volumes in China and Australia. Major industry players in the region, including BHP and Rio Tinto, have been early adopters of autonomous technologies. In Western Australia, for example, autonomous haulage trucks and drill rigs are already commonplace, moving millions of tons of iron ore with minimal human intervention.
China’s adoption is further accelerated by government support for “smart mining” initiatives aimed at modernizing its vast coal and mineral sectors to reduce fatalities and improve environmental performance.
As the world moves toward 2032, the “mine of the future” will likely bear little resemblance to the labor-intensive operations of the past. With generative AI now entering the sector to assist in complex mine planning and exploration, the industry is pivoting toward a model where data is as valuable as the ore itself. For energy markets, this efficiency is not just a bonus; it is a prerequisite for meeting the material demands of a decarbonized world.
By: Charles Kennedy
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