Business
NCDMB, Partners Chevron, Intels On NC-HCD Training Programme
The Nigerian Content Development and Monitoring Board (NCDMB) has said it is partnering Chevron Nigeria Ltd and Intels Nigeria Ltd on Human Capacity Development (NC-HCD) training programme to build manpower for the nation’s maritime sector.
Towards this end, the Board in a statement by its Directorate of Corporate Communications, Friday, said 39 young graduates have underwent preliminary processes for cadetship training on its Human Capacity Development (NC-HCD) programme in Port Harcourt, the Rivers State capital.
The NC-HCD initiative, according to the Board, was patterned after its 60:20:20 Strategic Training Model and provides for sea time experience and Certificate of Competence (CoC) training, practical exposure, and real-time experience across multiple technical domains within the facilities of the of Lagos-based Stoilic Shipping Ltd, a leading member of the International Maritime Professionals Association (IMPA).
The Tide learnt that the NC-HCD training programme was conceived in fulfilment of a policy thrust of the NCDMB to grow indigenous capacity and participation in linkage sectors of the Nigerian economy and enhance employment and government revenues under the 60:20:20 model which envisages job placement for 60 per cent of trainees after successful completion of the 18-month training.
Speaking at the kick-off ceremony of the programme, the Executive Secretary of the Board, Engr. Felix Omatsola Ogbe, described human capital development (HCD) as “a non-negotiable pillar of the oil and gas industry’s development road map”, emphasising that stakeholders could build a sector not just fueled by hydrocarbons but powered by indigenous talent.
“When we embed HCD into the core of our strategic planning, local content ceases to be an aspiration, it becomes our reality.
“This event being the commencement of an 18-month Cadetship Training Programme to be handled by Lagos-based Stoilic Group is more than a routine milestone, but a declaration of our collective commitment to nurturing world-class Nigerian professionals who will shape the future of Nigeria’s oil and gas industry, particularly, the maritime sector.
“The NCDMB has remained steadfast in its conviction that HCD is a critical investment in the sustainability, competitiveness, and domiciliation of in-country value addition activities of the country’s oil and gas value chain”, he said.
The NCDMB’S Scribe, represented by the General Manager, Human Capacity Development, Barr. Esueme Dan Kikile, said the 39 cadets would gain sea time experience and Certificate of Competence (CoC) training, practical exposure and real-time experience across various technical domains.
He commended Chevron Nigeria Ltd. for its unwavering partnership, noting that the international oil company (IOC) has not only consistently complied with Nigerian Content requirements, but also shown leadership in embracing the spirit of national capacity building.
He also acknowledged the critical role of the Oil and Gas Trainers Association of Nigeria (OGTAN) as a major body for human capacity development in the industry.
According to him, the association has been instrumental in aligning training content, delivery standards, and capacity development frameworks with the actual needs of the industry.
“OGTAN has helped to bridge the gap between training and employability, ensuring that trainees do not just learn, but are ready to contribute meaningfully to the economic advancement of the country.
“I commend training providers and mentors, and urge them to give their best, challenge and inspire trainees, and inculcate in them values, discipline and work ethics that would make them stand out in any environment”, the NCDMB boss added.
In his own remarks, the Capacity Building Advisor of Chevron, Mr. Victor Inyere, told the cadets that they have earned their place in the HCD programme through hard work and dedication, and that the opportunity ahead is for them to acquire skills that would shape their careers and position them to contribute to national development.
He commended the NCDMB for its remarkable role in regulation and facilitation of capacity building, assuring the Board that Chevron would remain committed to advancing Nigerian Content.
In their presentation, Stoilic Nigeria Limited, represented by its General Manager, Administration, Mrs. Chimamanda Okafor, said its mission is to transform Nigeria’s maritime sector through innovative solutions, professional growth and strict adherence to safety and environmental standards.
She noted that the company’s cadets achieved 100 per cent pass rate in the Certificate of Competency assessments, and that the company would place cadets on vessels and open doors for them internationally.
“Looking ahead, Stoilic is working on a project to establish a world-recognised maritime university in Nigeria. An institution that would carry strong international partnerships and stand as a marvel in maritime education.
“The present batch of trainees have sea time cadets and CoC cadets. Sea time cadets are graduates who need practical onboard experience before moving on to the next stage of their maritime career, while CoC are those who have completed that phase of training”, She said.
By: Ariwera Ibibo-Howells, Yenagoa
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Business
Boat Mishap Kills Pastor, Wife And Church Members In Brass Water
A boat accident in Bayelsa state has killed a serving Pastor, Wife and other church members along Brass waterways
The sad incident happened at Odioama in Brass local government area of Bayelsa State when the Pastor, wife and members of his church were in a programme.
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?Tide confirmed that the lifeless body of the Pastor’s wife has been found and deposited in a mortuary while the remains of her husband ,the Pastor is yet to be recovered
as search party are still ongoing.
Although the real cause of the boat Mishap is not yet known as at the time of this report, our Correspondent gathered that the identities of the Pastor, wife and church members were not disclosed to the public.
The mishap, Tide gathered occurred on Friday morning when the church members were on a boat transit
The Bayelsa State government and the state police command are yet to issue official statement’s on the sad accident
By: CHINEDU WOSU
Business
Rivers Workers Seek Scrapping Of Contributory Pension Scheme
The Rivers State Council of Nigeria Civil Service Union has called on the State Government to urgently scrap the contributory pension scheme, describing it as unfavourable to long-serving civil servants in the state.
Chairman of the union, Chukwuka Osuma, said this in an interview with newsmen in Port Harcourt, recently.
Osuma said the current pension structure has continued to worsen post-retirement hardship for workers.
He noted that the contributory pension scheme had failed to provide adequate retirement security for workers who had spent many years in service, especially those approaching retirement age.
According to him, civil servants who had served for more than 20 years were among the worst affected under the scheme, insisting that many retirees could no longer cope with prevailing economic realities.
He also informed that the Union has made moves to showcase their concerns, pleading with Governor Siminalayi Fubara to abolish the pension policy and introduce a more favourable arrangement for affected workers.
“The union was not opposed to pension reforms, the contributory scheme should only apply to newly employed workers or those with fewer years in service”, he said.
Osuma explained that workers who had already spent decades in the civil service ought to remain under a more secure pension structure capable of guaranteeing stability after retirement.
The labour leader further noted that inflation and the rising cost of living had continued to erode the value of retirement savings, thereby increasing the suffering of pensioners across the country.
He also appealed to the state government to consider extending the years of service in the civil service from 35 to 40 years and the retirement age from 60 to 65 years.
Osuma argued that such adjustment had become necessary in view of present-day economic realities and changing conditions in the workplace.
The unionist also reviewed that similar policies had already been adopted in some sectors and jurisdictions, expressing optimism that the State could also implement the reforms for the benefit of workers.
He however, commended Governor Fubara for approving an N85,000 minimum wage for workers in the state, noting that the amount was above the national benchmark of N70,000.
Osuma also acknowledged the government’s efforts in the area of workers’ promotions and bonuses, but insisted that pension reforms and extension of years of service remained critical to the long-term welfare and stability of civil servants in Rivers State.
By: King Onunwor
Business
FG Begins South-West Tour To Promote New Cooperative Bank
The Federal Government has launched the South-West zonal engagement and ministerial advocacy tour on the Cooperative Bank of Nigeria share capital mobilisation, sensitisation and cooperative sector digitalisation.
Reports say the initiative was launched through the Federal Ministry of Agriculture and Food Security.
According to reports, the advocacy tour, organised by the ministry’s Federal Department of Cooperatives, began on Monday in Lagos.
Speaking at the event, the Minister of State for Agriculture and Food Security and Supervising Minister of Cooperative Affairs, Dr Aliyu Abdullahi, said the initiative was part of President Bola Ahmed Tinubu’s Renewed Hope Agenda.
Abdullahi described the exercise as a strategic effort to reposition the cooperative sector as a key driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity.
“Today represents a defining moment in our collective determination to reposition the cooperative sector as a major driver of inclusive economic growth, financial inclusion, enterprise development, food security and national prosperity,” he said.
The minister noted the modern cooperative movement in Nigeria originated in the South-West following the 1934 Strickland Report, which led to the enactment of the Cooperative Societies Ordinance of 1935.
According to him, the decision to commence the sensitisation and share capital mobilisation tour in the region is symbolic, as it marks a return to the roots of cooperative development in the country.
Abdullahi said the advocacy tour was a direct outcome of resolutions reached at the 8th Regular Meeting of the National Council on Cooperative Affairs held in Abuja in March 2026.
He said the council approved the Renewed Hope Cooperative Reform and Revamp Programme, a comprehensive framework designed to strengthen the cooperative sector and align it with the administration’s goal of building a one-trillion-dollar economy.
“The reform programme focuses on seven strategic pillars, including governance reforms, cooperative financing and the establishment of the Cooperative Bank of Nigeria, digitalisation, capacity building, value chain development, inclusion of youths, women and persons with disabilities, and strategic partnerships,” he said.
He said the establishment of the Cooperative Bank of Nigeria and the digitalisation of the cooperative sector were the two major transformational initiatives under the programme.
“The Cooperative Bank of Nigeria is aimed at rebuilding a strong cooperative financial system capable of supporting cooperators, farmers, artisans, traders, SMEs, youths, women and persons with disabilities with accessible and affordable financial services,” he said.
Abdullahi emphasised that the proposed bank would be government-enabled but not government-funded.
“Government is not establishing the bank as an owner, nor will it rely on Treasury Single Account funds.
“The role of government through the FMAFS is to provide policy support, stakeholder coordination, regulatory facilitation and an enabling environment under the Renewed Hope Cooperative Reform and Revamp Programme,” he said.
Also speaking, the Lagos State Commissioner for Commerce, Cooperatives, Trade and Investment, Mrs Folashade Ambrose-Medebem, reaffirmed the state government’s commitment to cooperative sector transformation.
She described cooperatives as critical tools for promoting inclusive growth, grassroots productivity, food security, financial inclusion and community wealth creation.
Ambrose-Medebem said Lagos State would continue to support reforms and collaborate with stakeholders to ensure the successful implementation of the Renewed Hope Cooperative Reform and Revamp Programme (2025–2030).
“Together, let us build a cooperative ecosystem that is modern, transparent, digitally enabled, financially inclusive and globally competitive.
“Let us build cooperatives that not only mobilise savings, but also mobilise prosperity,” she said.
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