Business

Train-7: Group Tasks SCD JV On Nigerian Content’s CCG

Published

4 years ago

April 12, 2023

A group known as “Bonny Gentlemen’s League”, has urged the project contractors handling the ongoing construction of the Nigerian LNG Limited’s Train-7, SCD JV consortium, to ensure strict compliance to the Community Content Guidelines (CCG) of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.
The CCG of the NOGICD Act is aimed at achieving a structured engagement of youths in host communities in productive endeavours, including employment, training, services, supplies, manufacturing and contracts.
SCD JV consortium which comprises of Saipem, Chiyoda and Daewoo, is the engineering, procurement and construction (EPC) contractor of the Train-7 project.
Under the contracts, the SCD JV is responsible for the detail design and construction phase of the NLNG seventh train plant.
Speaking, the group also urged the SCD JV consortium to adhere to the Train-7 project’s Memorandum of Understanding (MoU) in order to avoid restiveness in Bonny Kingdom, industrial crisis on site and to enhance seamless project execution and delivery.
These were parts of the resolutions reached in a communique by the group at the end of its one-day open forum and annual general meeting held in Bonny Island.
The communique, jointly signed by the Chancellor, Bonny Gentlemen’s League, Olam Allwell-Brown, and Registrar, Dr. Victor Ibigoni Jumbo, also commended the Federal Government and the NLNG for the construction of the Bonny-Bodo Road, saying that it will fast track the development of Bonny Island.
The group also urged the Bonny Local Content Compliance Committee and the Bonny Integrated Recruitment Committee to work in synergy and ensure the impactful delivery of Train 7 project business and employment opportunities to the people of Bonny.
“The League applauds the Federal Government for Commencement of the NLNG Train 7 Project and urged the Consortium –SCD JV and all Train 7 Project contractors to ensure strict compliance with Community Content obligations as enshrined in the Local Content Act and the Project Memorandum of Understanding executed with the Bonny Local Content Compliance Committee, in order to avoid restiveness in the Kingdom, industrial crisis on site and to enhance seamless project execution and delivery.
“The League commends the Federal Government and NLNG on the spate of work on the ongoing Bodo-Bonny Road project and urged the construction company, Julius Berger Plc, to maintain the momentum and ensure timely completion and delivery of the project to fast-track the development of Bonny Local Government Area and environs.
“The League congratulates the Chairman and Members of the reconstituted Board of the Niger Delta Development Commission (NDDC) and called on the agency to revitalize the execution of the Bonny Ring Road Project in order to link the towns and satellite communities in Bonny East to the Metropolis and improve vital communication infrastructure and overall economy of the Local Government Area.
“The League decries the non-existence of a completed Rivers State Government project in Bonny Local Government Area under the current administration and wondered why the LGA had been so neglected, despite the huge economic contributions of the LGA to the National and State coffers.

Business

FG Approves 4 New Channel Management Firms For Seaports

Published

4 days ago

October 26, 2026

The Tide

The Federal Executive Council (FEC) has approved four new channel management companies for seaports across the country in a move aimed at improving vessel navigation and port operations.

Speaking at the recently concluded Annual General Meeting of the Nigerian Association of Master Mariners (NAMM), former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclosed that there would be changes in the ownership of the Lagos Channel Management Company Limited and the Bonny Channel Management Company.

According to Ihenacho, the four channels serving Nigeria’s major port clusters will have different channel management companies as approved by the FEC.

He said a new company had been approved to manage the Lagos port channel, with a change of name, while the Calabar Channel would be managed by the Calabar Channel Management Company.

He added that Bonny Channel Management Company had also undergone a change of ownership.

On the Warri Channel, Ihenacho said the Federal Government had approved China Harbour Engineering Company (CHEC) and two other companies to form a consortium to manage the Escravos Channel.

He said: “For Warri, it was approved for China Harbour Engineering Company, CHEC, and two other companies, who would now form a consortium.

That consortium will now form a Special Purpose Vehicle (SPV) with the Nigerian Ports Authority to manage the Escravos Channel.”

Recall that the management of the NPA had declined to renew the concessions of the Lagos Channel Management Company Limited and the Bonny Channel Management Company, opting instead for six-month extensions of the existing arrangements.

By; Enoch Epelle

Business

RIRS Warns Against Unauthorised Tax Collection

Published

4 days ago

October 26, 2026

The Tide

The Rivers State Internal Revenue Service (RIRS) has warned motorists, transport operators and business owners against paying taxes, levies or charges to Unauthorised persons and organisations, insisting that only the Service and its duly appointed agents are legally empowered to collect taxes on behalf of the state government.

The Service gave the warning in a public notice dated October 21, 2026, signed by its Executive Chairman, Sir Israel O. Egbunefu, FCTI, in which it clarified that the Rivers State Ministry of Transport was not authorised by the state government to collect road tax or any other tax, levy or charge from motorists and transport operators.

RIRS also specifically disowned Explore Strategic Alliance Ltd, located at No. 7 Rumuodaolu Market Road, Port Harcourt, declaring the company had not been appointed or authorised by either the state government or the Service to collect Motor Vehicle Transport (MOT) tickets or any other tax on its behalf.

The revenue agency consequently cautioned members of the public against making payments to the company or any of its staff, stressing that anyone who ignored the warning would do so at their own risk.

It reaffirmed that only the legally authorised agency responsible for tax collection in Rivers State and the appointed agents that would carry out such duties in accordance with the law.

The Service urged taxpayers to demand official identification from anyone claiming to be its tax agent and verify the person’s credentials directly with RIRS before making payments.

It further warned that individuals or groups found impersonating tax consultants, agents or their representatives to collect Unauthorised taxes would be arrested and prosecuted in accordance with the law.

RIRS also called on members of the public to report suspicious persons and activities relating to Unauthorised tax collection to the Service for appropriate action.

The agency advised taxpayers seeking clarification or assistance to visit any of its offices or contact it through its official email address, info@riversbirs.gov.ng.

The Service reiterated its commitment to protecting taxpayers, promoting voluntary compliance and safeguarding the integrity of tax administration in Rivers State.

By: King Onunwor

Business

Bayelsa consumers Groan Over Inflation As Traders Remain Helpless Over Low Patronage

Published

4 days ago

October 26, 2026

The Tide

Consumers and traders at the Swali ultramodern market in Yenagoa, capital of Bayelsa State have continued to groan over high prices of commodities and poor Patronage due to cost-push inflation.

The Tide reports that in the past weeks prices of goods and services in Yenagoa metropolis has experienced increase.

Notable services like transportation have also increased lately due to increase in the pump price of fuel that has recently further exacerbated inflation in the prices of staple foods like rice, beans, garri and others.

Speaking with The Tide on a market survey, a trader, Mrs Tovie Barakabo said a bag of bean which sold between N120,000-N130, 000 now goes for N140,000-N145,000.

Mrs Barakabo also hinted that the only commodities whose price has not gone up was price of millet which sells N60,000, while big bag of garri now sells for N30,000.

The Tide further gathered from other inside Source that 25 litres of Kings cooking oil currently sells N75,000 as against the former price of N57,000.

Other commodities such as delicious vegetable oil now goes for N68,000, Pure vegetable oil currently goes for N66, 000, while spaghetti is now N18,800 per bag.

The market survey also discovered that Sonnia tomato mix sells N75,609, while a big and small basket of fresh tomatoes are sold for N30,000 and N6,500 respectively.

A disappointed custom, Mrs Juliet Domo who fielded questions from The Tide expressed her worries over the inflation, calling on government to take decisive stands against inflation.

By: Ariwera Ibibo-Howells, Yenagoa