Business

Businessman Unveils Plans To Make Rivers Investment Hub

Published

2 years ago

July 17, 2023

A housing and estate investor known as “Mayor of Housing” has unveiled plans to use branding to make Port Harcourt an investment capital in the coming years.
The Mayor of Housing, My-ACE China, who is the reigning brand champion in the DMOMA Award, told newsmen that Port Harcourt has what it takes to compete with Lagos.
He said branding could be intensified to sell Port Harcourt as rallying point for the South-South/South-East economic boost, saying those who make the Lagos economy tick are mostly from the east of the Niger.
Mr China said the vast infrastructural boost in Port Harcourt is able to support economic investments and attract local and foreign investors going forward.
The 2022 brand award champion said the obsession of his business group is to spread happiness. He revealed his plan for the South/South East, saying it is to bridge the dichotomy between Lagos and South-South/South East economic regions.
According to China, “There seems to be huge dichotomy between here and Lagos. If you get to Lagos, it is a fast-paced fast-moving, highly capitalist and highly independent economy. Ironically, most of the people making these things happen in Lagos are actually from the South-South/South-East economic belt”.
One of the things his group is keen to execute, he stated, is to bridge the quality and activity gap to tame the gap.
“It’s not as if people here want to go spend money in Lagos, but if they can’t find the kind of quality they find in Lagos, everybody naturally gravitates to Lagos.
“So, we want a kind of efficiency and quality that happen in Lagos to be at least represented here (Port Harcourt) and inspire people to stay here. We want people to know that if it’s possible in Lagos, it’s possible here.
“When people here do not find what is in Lagos, they move to Lagos. Our brand is to make people to patronize here. If it is possible in Lagos, it is possible here. And whatever is possible anywhere is possible here”, he said.
The Mayor of Housing is said to be attractive to the youth because of promotion of music, comedy and entertainment.
In this regard, the brand champion said the award being overwhelmingly regarded, especially by the youths, is a call for his organization to help the youth more.
“It’s a motivation for us and a serious commitment to us because we are in pole position to strive harder.
“Any failure on our side will pull down a lot of people and any success is lifting people. For us, the greatest achievement you can have is not profit but that your profit is lifting others to rise. For us, it’s a huge motivation for us to stay on course and keep rising”, he said.
Explaining the essence of DMOMA Award series, the chief organiser, Chidiebere Okoye, said it is an online media award engineered by over 14 bloggers.
Okoye, the Rivers State chairman of bloggers association of Nigeria, said the prestigious DMOMA Award is open to all of Nigeria but is dedicated to promote excellence.
He said: “Nominations for 2023 are already coming in from outside Nigeria such as Kenya and Poland. It is open to the world but Nigeria is the focus, for now. It targets brands and individuals who have achieved uncommon excellence”.

Okoye said the award series seeks to close the economic gap between regions and to unify regions and people as well as bring focus to Port Harcourt.

“It brings all professions together and seeks to unify the nation between the north and south. It also focuses attention on Rivers State as the host state. It beams Rivers State to the world.

“Many personalities that came to Rivers State for the 2022 edition and saw the development and dizzying infrastructure were impressed. This annual event thus promotes the South”, he said.

On unity, the organisers said DMOMA awards series takes nominations from all over Nigeria, hence the South-East and South-South have a chance.

“Winner of music for 2022 is from the north. It brings celebrities and brands together to the South”, he stated, adding that the award is in its 4th edition, and there is a lot of clout about the winners.

“The Mayor of Housing won as the brand champion of the year. His brand is unique. He competed with big names but beat them. Some of them thought size is brand, but people voted for those whose lives were impacted by the brands.

“Big brands wondered why, but they were shown evidence. You do not sit in your house and win. It has processes. People nominate you, vote for you, etc.”, He stated.

He said the Mayor of Housing represents the new face of branding where you connect with the youths, the entertainment players, and those who want to grow, the startups.

“So, it is about excellence and impact on people or community. It’s about impact to lives and businesses. Popularity is good, but it must be followed by impact”.

Showing how the winners are assessed, Okoye said there are ways of verifying the nominees. “Some 14 bloggers are behind this contest. They take their time. They look at the names nominated and then shortlist those that met certain standards.

“Last year, some big brands contested in the brand of the year category which attracted 21 nominations but only four were shortlisted by the award academy. Then public voting followed”.

The award has a fixed date every year (every December 4), but looking back, the CEO of DMOMA said the winners were always the best.

“In 2022, Bro Felix Obuah won the choicest person of the year. It is evident that people love him.

“The man who won Engineer of the Year is known to be loved by workers; other engineers know him. They testified”, he said.

On the Mayor of Housing, he said: “This brand is steadily making waves in Nigeria and Port Harcourt especially. His brand powers music, comedy and entertainment. One artist powered by Mayor of Housing is now abroad, and is an award winner now”.

For the 2023 edition, Okoye said nominations were already coming in and many have nominated the Mayor of Housing again.

“Anybody can nominate anybody. Its open, and it’s going on. There are 37 categories.

“The person that built the UPTH won an award last year. He said since he built it, he is just being mentioned. The award will continue to run because we want to use it to fish out good patriots and those who help the youth”.

Over all, he said, the essence of the award series and brand promotion is to bring attention to the economy of the South-South and South-East and attract the return of businesses and investors to the region by giving them the fast business life in Lagos and create business intensity back to the region.

By: Corlins Walter

Business

NCDMB, Dangote Refinery Unveil JTC On Deepening Local Content

Published

2 days ago

July 18, 2025

The Tide

The Nigerian Content Development and Monitoring Board (NCDMB) and the Dangote Petroleum Refinery and Petrochemical Company have inaugurated a Joint Technical Committee (JTC) aimed at advancing local content implementation during the operational phase of the 650,000 barrels per day plant.

A statement from the Directorate of Corporate Communications of the Board noted that the inauguration ceremony took place at the Dangote Free Trade Zone, Ibeju-Lekki, Lagos State.

The statement also said the inauguration marks a pivotal moment in fostering strategic collaboration between the both institutions, and was a significant move to reinforce local content development in the oil and gas sector.

Presided over by the Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, and the Group Vice President, Oil and Gas, Dangote Group, Chief Edwin Devakumar, the event featured the formal sign-off of the Committee’s Terms of Reference (ToR), a guided tour of the refinery, other critical facilities, and the official commencement of the JTC’s responsibilities.

According to the Board, the visit also featured the presentation of the certificate of the Nigerian Content Downstream Operator of the Year Award won by the Dangote Petroleum Refinery and Petrochemical Company at the inaugural ‘Champions of Nigerian Content Awards’ held recently in May.

The NCDMB’s boss made the presentation to the President of the Dangote Group, Alhalji Aliko Dangote, who expressed delight at the recognition, noting that he would display the certificate proudly at his office.

Ogbe congratulated the Dangote Group on the successful development and commissioning of the largest single train refinery in the world, as well as petrochemical and fertiliser plants, describing the projects as a historic milestone not for Nigeria alone, but for the entire continent.

He emphasized that the Dangote Refinery stands as a testament to the success of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act of 2010 and the transformative potential of Nigerian-led industrial projects.

“At an optimal daily production capacity of 650,000 barrels, this refinery will significantly enhance Nigeria’s energy security and contribute to the supply of refined petroleum products across West Africa.

“Nigerians, have to own the plant, we have to make sure that the plant works well. We have to secure it, we have to maintain it. The NCDMB would continue to collaborate with Dangote Petroleum Refinery”, Engr Ogbe said.

Highlighting the need to ensure more value retention in the sector, as mandated by the Nigerian Oil and Gas Industry Content Development Act (NOGICD) 2010, the Board’s helmsman demanded compliance with Sections 32 and 33 of the NOGICD Act, with particular reference to local manpower utilization and requirements for NCDMB’s approval prior to the engagement of expatriates.

“The NOGICD Act stipulates that no expatriate can be employed in any organization in the oil and gas industry without the prior approval of the NCDMB. We will work with you, We’ve to protect jobs for Nigerians. It’s critical to job creation, skills development, and national capacity building in line with the ‘Renewed Hope Agenda’ of President Bola Ahmed Tinubu”, he said.

He commended the firm for training and employing Nigerian engineers, saying the collaboration will ensure that qualified Nigerians were given opportunities across all operational roles, while also urging the Dangote Petroleum Refinery and Petrochemicals to support the Board’s initiative which aims at developing oil and gas industrial parks across the country to foster local content and manufacturing in the sector.

He noted that the Nigerian Oil and Gas Parks Scheme (NOGaPS) seeks to create an enabling environment for Small and Medium Enterprises in the sector.

“NOGaPS was conceived by the Board to develop facilities close to oil fields where manufacturing of oil and gas components, as well as research and development, can be carried out.

“We would like Dangote to support one of our major activities, which is the oil and gas industrial parks scheme. The parks are aimed at creating an enabling environment for SMEs in the industry to do fabrications and create more jobs for Nigerians”, the NCDMB’S boss stated.

In his welcome address, the Dangote Group Vice President, Devakumar, highlighted that the refinery project and NCDMB have been working together, promoting local content development during the construction stages of the project.

“We can’t say we have achieved everything, because there is opportunity to do more. We’re grateful to the NCDMB for all their support and advice. As entrepreneurs, we’re trying to optimise costs. It’s a Nigerian company, it’s also an entrepreneur-driven company. As a Nigerian company, the focus will be on Nigerian content. As an entrepreneur-driven company, it will be cost-focused”, he noted.

Devakumar underscored the long-standing commitment of the Dangote Group to national development and capacity building, saying that the Group’s vision is to grow Nigeria’s industrial landscape.

High points of the visit, according to the Corporate Communications Directorate of the NCDMB, was the inauguration of the Committee members.

The statement from the NCDMB further added that the committee is to ensure the implementation of local content in the refinery’s operations, while its core objectives include promoting the use of Nigerian skilled manpower, services, and locally sourced materials in compliance with Section 3 of the NOGICD Act.

The Tide learnt that the committee will also support Dangote Refinery in aligning its operational procedures with the Act’s requirements.

In his acceptance remarks, Director of Corporate Services at NCDMB and Chairman of the Committee, Mr. Abdulmalik Halilu, expressed gratitude to the leadership of both organizations, reiterating the Committee’s dedication to upholding the highest standards of local content enforcement and fostering measurable outcomes that will benefit the nation’s economy.

Business

Industry Leaders Defend Local Content, … Rally Behind NCDMB

Published

2 days ago

July 18, 2025

The Tide

Nigeria’s Oil and Gas industry leaders have defended the Nigerian local content policy, rejecting claims that it inflates business costs in the oil and gas sector.

The leaders, who made the defence during the recent Nigerian Oil and Gas (NOG) Energy week held in Abuja, the nation’s capital, cautioned that such criticisms jeopardizes the nation’s industrial progress.

They lauded the Nigerian Content Development and Monitoring Board (NCDMB), for what they described as its pivotal role in building indigenous capacity and fostering innovation.

In a panel session titled “Technology as a Business Strategy”, panellists championed NCDMB’s contributions, emphasizing its success in driving local expertise and technological advancement.

In his remarks, Group Chief Executive Officer of Pana Holdings, Dr. Daere Akobo, dismissed critics of local content, arguing that its benefits to Nigeria’s economy far outweighs any perceived cost increases.

“Claims that local content drives up costs are misguided. How can you prioritize cost over GDP growth? Where will our youth find jobs? Undermining local content for short-term gains is a mistake. Nigeria must stay the course”, he said.

He highlighted his company’s work on Africa’s first digital refinery, a pioneering project showcasing the synergy between technology and local content, and also identified fragmented data in Nigeria’s oil and gas sector as a key barrier to cost efficiency.

Akono said, “Technology drives accountability and curbs cost inflation. But our data remains siloed. Consolidation is critical for industry efficiency.”

Also speaking, Managing-Director of Coleman Cables and Wires, Mr. George Onafowokan, praised NCDMB’s data-driven approach, crediting it for significant strides in local content development.

“Data is the backbone of growth. Effective data collection and accessibility are vital. Thanks to NCDMB, we’ve achieved 52% local content—a remarkable milestone”, he said.

The panellists unanimously agreed that integrating technology, consolidating data, and strengthening institutions like NCDMB are critical to building a resilient and competitive oil and gas sector.

He urged policymakers, operators, and international stakeholders to reject narratives blaming local content for rising costs and rather advocate for robust frameworks and investments to drive inclusive growth and long-term industry stability.

Similarly, speaking at the NOG week, representatives from Ghana, and other African nations have underscored the growing influence of Nigeria’s local content framework and urged stronger cross-border policy alignment.

In his remark, NCDMB’S pioneer Executive Secretary, Ernest Nwapa, highlighted the Nigerian oil and gas sector’s resurgence, saying it is driven by increased production, deregulation, and improved governance, while also emphasizing the need for long-term sustainability to sustain the momentum.

“Africa is a cornerstone of Nigeria’s foreign policy. Initiatives like the West African and African Gas Pipelines, the African Continental Free Trade Area (AfCFTA), and President Bola Ahmed Tinubu’s ‘Nigeria First, Africa Next’ strategy are evidences of Nigeria’s continental commitment.

“When Nigeria enacted its local content law, it faced Western criticism from bodies like the WTO and EU, who labelled it anti-trade. Today, over 16 African nations and even the United States have adopted similar laws. Nigeria must lead again, driving investments that benefit the entire continent”, he said.

In similar vein, Deputy Chief Executive of the Petroleum Commission of Ghana, Nasir Alfa Mohamed, noted that African nations have long looked to Nigeria for energy sector leadership, calling for the dismantling of barriers to regional integration and advocated for standardized regulations.

“A Ghanaian company should be able to compete for contracts in Nigeria based solely on merit. We need joint regulatory bodies, mutual recognition of standards, and robust support for platforms like the African Oil Forum”, he noted.

Mohamed also highlighted Ghana’s growing partnerships with Nigeria and others, including a memorandum of understanding with Uganda, noting that Ghana is currently the only African nation participating in the International Upstream Forum.

In his speech, Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, represented by Prof. Zainab Gobir, stressed the importance of joint infrastructure, uniform tariffs, and coordinated regulations for true economic integration.

“We must uphold our sustainability commitments and support each other in meeting them.

“The Petroleum Industry Act (PIA) is a model, particularly its Midstream and Downstream Gas Infrastructure Fund, designed to de-risk investments in gas and infrastructure projects. We collaborate closely with NCDMB to strengthen local content, ensuring regulations support fair participation”, he said.

Meanwhile, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has reaffirmed the nation’s strategic role in regional energy cooperation, noting that the country accounts for nearly 30% of Africa’s oil reserves and 33% of its gas.

“Our host community development model is a success, fostering stability in oil-producing regions and serving as a blueprint for others”, Komolafe said.

He highlighted the NUPRC’s 17 forward-looking regulations and new frameworks for deepwater development, alongside a production optimization programme built on inter-agency and operator collaboration.

The NUPRC boss also praised President Tinubu’s recent Executive Order, which he said enhances local content laws by prioritizing human capacity development and boosting investor confidence.

“International oil companies now recognize Nigeria’s robust local expertise, making it a key investment draw. We’re exporting our local content model to other African nations”, he said.

Ariwera Ibibo-Howells, Yenagoa

Business

Replace Nipa Palms With Mangroove In Ogoni, Group Urges FG, HYPREP

Published

2 days ago

July 18, 2025

The Tide

A concerned group of stakeholders under the auspices of Khana Coastal Communities has made a passionate appeal to the Federal Ministry of Environment and the Hydrocarbon Remediation Restoration Project (HYPREP) to include the removal of Nipa palms which has taken over the positions of mangroves in the area as part of the ongoing Ogoni Clean Up Exercise.

The group, which decried the invasive and destructive effects of Nypa fructicans, commonly known as Nipa palms, on the ecosystem of the affected communities, made their appeal in a Press Statement issued shortly after the inspection and survey of the creeks and coastlines of affected communities.

The communities are Kwiri, Kereken, Kaa, Gwara, Sii, Kpean, Tehnnama, Bane, Kalaoku, and Opuoku, all in Khana Local Government Area of Ogoni, Rivers State.

Signed on behalf of the affected communities by comrades Emmanuel Goteh Bie, Raymond Nwibani, and Chief Barineka Tonwe, the statement emphasized the need for urgent intervention to clear the Nypa fructicans and replace them with mangroves which provided sustainable habitat for aquatic species in the affected communities.

The group commended the Federal Ministry of Environment and HYPREP for their commitment to the Ogoni cleanup process and urged all stakeholders involved in the process not to renege on their complementary roles.

The statement read in part: “As you have seen, the Nypa fructicans has taken over our creeks, displacing native mangroves and aquatic life. The impact on our communities has been severe, with many of our people struggling to make a living due to the depletion of fish and other aquatic resources.

“We commend the Hydrocarbon Pollution Remediation Project (HYPREP) for its efforts in restoring native mangroves in Ogoni, particularly in the Bomu Community. However, we are alarmed by the unintended consequences of removing invasive Nypa fructicans, which has led to the disappearance of fish and aquatic life, threatening the livelihoods of our coastal communities.

“We believe that the removal of Nypa fructicans and replanting of native mangroves will help revive our aquatic life and sustain the livelihoods of our people.”

The group passed a vote of confidence on the Minister of Environment, Balarabe Abbas, and HYPREP Coordinator, Prof. Nenibarini Zabbey, for what it described as their unwavering efforts in ensuring the success of the Ogoni cleanup exercise.

They called on the Federal Government to release their counterpart funding to HYPREP without delay to sustain the pace of progress recorded in the clean up process.

“The cleanup exercise is commendable, and any delay in funding could stall the progress and undermine the efforts of all stakeholders. We urge the government to prioritize the Ogoni cleanup exercise and provide the necessary support to ensure its success”, they stated.

They also used the opportunity to caution against the antics of self-inflicted activists or bodies that might attempt to hijack the cleanup agenda and create unnecessary agitation, and assured the total support of the affected communities to HYPREP’s activities to enhance the holistic success of the Ogoni clean up exercise.

Bemene Taneh