Connect with us

Business

Siat To Extend Electricity To Host Communities

Published

on

The management of Siat Nigeria Limited has promised to extend its electricity project to its three remaining host communities in Etche Local Government Area of Rivers State as well as address other issues affecting the communities.
The company had in 2015/2016 electrified Egbu and Ihie communities, leaving behind Ozuzu, Isu and Ogida communities.
The Managing Director of the company, Mr. Felix Nwabuko, who disclosed this during a peace meeting with delegates of the communities at the firm’s corporate headquarters in Ubima, Tuesday, said the agro-allied company was fully committed to discharging its corporate social responsibilities to its host communities. It would be recalled that indigenes of Ozuzu, Isu, Ogida, Ihie and Egbu communities in Etche Local Government Area had recently staged a peaceful protest against SNL, alleging neglect and marginalization.
The representatives of the communities, during the meeting presented three core demands to the management of the company bordering on electrification, employment and a welfare Memorandum of Understanding to guide and shape their operational relationship with the company, among others.
Nwabuko, who spoke to the delegates with candour, assured that the firm would extend its electricity project to Ozuzu, Isu and Ogida communities, hinting that the company had already contracted a professional to undertake the costing of the project.
“On the issue of electrification, I want to restate today that the intention to extend electricity has not been cancelled. The fact that it has not happened, should not be taken as having been thrown away. I will not bore you with reasons why it has not happened, it is sufficient for you to believe us today that it has not been cancelled.
We have requested someone to do us a costing of that project. We know who that person is. He is not a community person. He is a professional person that will deliver a professional job. He is not going to be the person that will execute it”, he said.
The managing director said the company was not deliberately shirking its responsibilities towards its host communities, but alluded to the general economic situation in the country, among other factors.
According to him, the company had prioritised the re-planting of its Elele location as a way of generating more revenue for the company.
He said, “Because we are stakeholders, I will tell you a few things. So, it has been slightly a challenging year for SNL, not because we are not producing well, but because in the wider economy, there is suppression of funds. But more importantly, we decided to prioritise the re-planting of Elele. If you go to Elele today, the entire 6,000 hectares have been fully re-planted. All the old farms are gone”.
The managing director disclosed that with the completion of the re-planting of its Elele branch, the company would in the next five years generate more than 20 times the revenue it was generating there, adding that “we are happy that that has been achieved”, and appealed to the communities to exercise patience.
Also speaking at the event, the Executive Chairman of Etche Local Government Area, Hon. ObinnaAryanwu, who brokered the peace meeting thanked the management of Siat Nigeria Limited, and expressed the commitment of his administration to ensure that what is due his people is given to them.
Anyanwu promised to follow up to the letter the agreement reached by the company with the people of the communities with a view to addressing all their grievances.
He expressed delight and satisfaction with the outcome of the meeting, assuring that his administration would ensure that all communities in the local government are positively impacted by his development blueprint, which he said rests in the hearts of the people.

 

Donatus Ebi

Continue Reading

Business

Pipeline Explosion In Abua Odua, LGA Chair Calls For Calm

Published

on

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
Continue Reading

Business

Fidelity Bank Collaborates YEIDEP To Empower Nigerian Students

Published

on

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
Continue Reading

Business

NPA Launches Multi-Agency Taskforce To Combat Apapa Traffic Gridlock

Published

on

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
Continue Reading

Trending