Business

Nigeria Can Grow Local Content With Right Policies – Firm

Published

7 years ago

July 4, 2018

The Deputy Managing Director (Deep Water), Total Nigeria, Mr Musa Ahmadu-Kida last Monday said with the right policies, local content in Nigeria would flourish and drive the oil and gas industry.
Ahmadu-Kida said this while delivering a keynote address at a seminar on Nigeria’s Local Content Law at the annual Nigeria Oil and Gas strategic conference and international exhibition in Abuja on Monday.
He said that the Total deepwater project: Egina is the deepest offshore development executed so far in Nigeria.
According to him, it is being executed in water depths of more than 1,500 meters and the project is designed to produce 200,000 barrels per day of oil at plateau.
He said it was three years after the Nigerian Oil and Gas Industry Content Development (NOGICD) Act became law that the final decision to develop Egina began in 2013.
“It was against the backdrop of this new approach to Nigerian Content that Total took the Final Investment Decision to develop Egina in 2013, the result is that Egina became a test case for the NOGICD Act.
Egina is the latest of Total’sdeep-water developments, and the third project of its kind developed by Total in Nigeria, after Akpo and Usan.
These projects have brought progressive increase in levels of Nigerian Content and this is well illustrated by the percentage of total project workload performed in Nigeria: from 44 per cent for Usan, Total recorded 60 per cent for Akpo and now 77 per cent will be achieved for Egina.
In the coming weeks, the FPSO will sail away to Egina field, which is located in OML130, approximately 150km offshore Port Harcourt. In addition to the oil, the Egina field will produce gas.
Nigerian Content in the Nigerian Oil and Gas Industry, through careful legislation and government policies could also have great impact in other sectors of the economy, including Information and Communication Technology/Telecommunication, Agriculture, Power and others.’’
He added that when it began fully operational, the project would account for 10 per cent of Nigeria’s total oil production.
“The 3.3 billion dollars Floating Production Storage Offloading (FPSO) unit for the 200,000 barrels per day (bpd) capacity Egina Deepwater oilfield, which arrived in Nigeria in January this year from South Korea, will be in the Egina oilfield soon.
“It was constructed under the FPSO package contract by SHI-MCI, within Lagos deep offshore logistics base on LADOL Island. Today, the Egina project is proudly the first to record the fabrication and integration of FPSO topsides in Nigeria.
Six of the 18 topside modules were fabricated and integrated at the SHI-MCI facility at LADOL.
“The Egina FPSO arrived from Korea in the last week of January for the integration of the locally fabricated modules and this integration was successfully completed in May without incident,’’ Ahmadu-Kida said.

Business

NPA Assures On Staff Welfare

Published

3 days ago

June 27, 2025

The Tide

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has said the management will continue to accompany its port infrastructure and equipment modernization drive with the development of the welfare of its personnel.

Dantsoho made the disclosure recently while responding to the commendation by the Maritime Workers Union (MWUN) and the senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASGOC) on the clearing of the age-long problem of employee stagnation, when the union paid him a courtesy visit at the Authority’s headquarters in Lagos.

A Statement by NPA’s General Manager Corporate & Strategic Communications, Mr. Ikechukwu Onyemekara, quoted Dantsoho as saying, “our Port infrastructure and equipment modernization drive will go hand-in-hand with continuous staff welfare improvement”.

The NPA MD disclosed that human capital development constitutes the key strategy for creating and sustaining superior performance under his watch, adding that “talent development constitutes a critical success factor for the actualization of the big hairy audacious goals we have set for ourselves especially in the area of Port competitiveness.

“The only way we can meet and indeed exceed stakeholders’ expectations is to deepen the competencies of our human resources assets and boosting their morale.”

Speaking further, Dantsoho commended the Honourable Minister of Marine & Blue Economy, Adegboyega Oyetola, for approving the strategic proposal of the Dantsoho-led Management team that solved the over a decade-long problem of lack of promotion that had fuelled industrial disharmony.

“I must specially appreciate our amiable Minister for graciously approving the multi-pronged stratagem we deployed that cleared all outstanding cases of employee stagnation by conducting examinations in one fell swoop and instituted timelines to forestall a recurrence of such anomaly”, he sad.

Speaking on behalf of the joint maritime labour unions, the President of Senior Staff Association of Statutory Corporations & Government-Owned Companies (SSASCGOC), Comrade Bodunde stated, “In addition to clearance of the backlog of stagnated promotions, we also wish to express our appreciation for the increase in productivity bonuses, provision of end-of-year welfare packages for staff, and the revision of the Financial Guide to the Condition of Service, which now addresses our members’ concerns about inflationary pressures.”

Nkpemenyie Mcdominic, Lagos

Business

ANLCA Chieftain Emerges FELCBA’s VP

Published

3 days ago

June 27, 2025

The Tide

National Secretary of the Association of Nigerian Licensed Customs Agents (ANLCA), Elder Olumide Fakanlu, has been elected Vice President of the Federation of ECOWAS Licensed Customs Brokers Association (FELCBA).

The election took place during the FELCBA Congress, held from Tuesday, June 17th to Thursday, June 19th, 2025, in Freetown, Sierra Leone.

Fakanlu’s emergence as Vice President marks a significant achievement for Nigeria within the regional customs brokerage community.

Apart from Fakanlu, Secretary of the Seme Chapter of ANLCA, Austin Nwosu, was also elected, securing the role of Secretary of Relations with Institutions.

The Nigerian delegation played an active role in the congress, with Michael Ebeatu nominated as a member of the electoral officer team, ensuring a fair and transparent election process.

The three-day congress concluded with delegates undertaking a visit to the Sierra Leone Port, offering insights into the host nation’s maritime operations, followed by a recreational trip to the Tokeh Beach.

The newly elected executives are expected to lead FELCBA in its efforts to harmonize customs brokerage practices, promote trade facilitation, and advocate for the interests of licensed customs brokers across the ECOWAS sub-region.

Nkpemenyie Mcdominic, Lagos

Business

NSC, Police Boost Partnership On Port Enforcement

Published

3 days ago

June 27, 2025

The Tide

In a bid to enhance more enforcement in the nation’s Port, the Nigerian Shippers’ Council (NSC) has reaffirmed its commitment to stronger inter-agency collaboration with the Nigeria Police Force (NPF).

The Council said the collaboration is aimed at enhancing stronger enforcement, compliance and improve operational efficiency across Nigeria’s ports.

Executive Secretary/Chief Executive Officer of NSC, Dr. Pius Akutah, made this known during a visit to the Inspector-General of Police, Dr. Kayode Adeolu Egbetokun, at the Force Headquarters, Abuja.

The visit, which he said, focused on strengthening institutional synergy, comes in the wake of growing responsibilities for the NSC under the newly created Ministry of Marine and Blue Economy.

Akutah emphasized the critical role of security agencies in supporting port operations and ensuring regulatory compliance.

He called for the posting of police officers to assist the Council’s monitoring and enforcement teams at key port locations including Lagos, Warri, Onne, Port Harcourt, and Calabar.

“The posting will complement the activities of our revived task teams and enhance our ability to enforce standards across the maritime logistics chain”, he said.

Earlier, the Inspector-General of Police, Dr. Egbetokun, assured the Council of the Force’s readiness to continue supporting the growth of the maritime sector.

The IGP acknowledged that compliance enforcement is essential to the successful implementation of Nigeria’s Blue Economy objectives.

“The NSC and NPF are expected to deepen collaboration in the months ahead, with a shared focus on building a secure, efficient, and competitive port environment”, to the IGP emphasized.

Chinedu Wosu