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Construction of Ondo Oil and Gas Park to start, NCDMB assures Govt, Investors 

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AJAGBE ADEYEMI TESLIM

SPONSORED BY:H&H

Actual construction of a low-cost manufacturing hub for equipment components and spare parts used in the oil and gas industry will start in Ondo State soonest, according to the Nigerian Content Development and Monitoring Board (NCDMB). 

Located at Ilaje, Ilaje Local Government Area of the State, the facility is one of six being built in different parts of the country under NCDMB’s Nigerian Oil and Gas Park Scheme (NOGAPS) in furtherance of its corporate mandate to develop in-country capacity in the oil and gas industry. NOGAPS, at Odukpani, Cross River State, and at Emeyal 1, Bayelsa State, are at 99 per cent completion.  


NCDMB’s Director, Monitoring and Evaluation, Mr. Akintunde Adelana, told a gathering of top government functionaries, including Ondo State Acting Governor, Mr. Lucky Aiyedatiwa, industrialists and investors as well as representatives of the United Nations Development Programme (UNDP) and the European Union (EU), that the agency was conceived to provide “a springboard to galvanise different sectors of the Nigerian economy.” 

He remarked that the oil and gas industrial parks, developed by the Board in conjunction with Shell Petroleum Development Company, ExxonMobil and Nigerian Agip Oil Company (with particular reference to NOGAPS, Emeyal 1 and NOGAPS, Odukpani) consist of manufacturing shop floors and factories, warehouses, training centres, mini estates, fire stations, truck parking and holding spaces, hostels and administrative blocks.

They are intended to eliminate importation of equipment components and spares required in oil industry operations.       


Speaking on Day 1 of the ongoing “Develop Ondo 2.0 Investment Summit,” in Akure, the state capital, Adelana stated that in line with the core mandate of the Board, which revolves around “domesticating and domiciling value-adding activities in the oil and gas industry,” regulations on utilisation of home-grown resources, that is, local manpower, technical services of indigenous firms, goods manufactured locally as well as raw materials available in the country, have been rigorously enforced.

With specific reference to Ondo State, he emphasised that NCDMB wants “to align with the State Government, support the State to ensure that her dreams and aspirations come to reality.”

He said Information and Communication Technology (ICT) Centres have been built in parts of the State to facilitate digital education and thus equip the youth with appropriate skills for gainful employment and self-development.       


On the Board’s role in facilitating access to energy, Adelana, who represented the Board’s Executive Secretary, Engr. Simbi Kesiye Wabote, said an effective way of doing it is by building capacities, which NCDMB has done consistently since its creation in 2010 through trainings for manpower development, equity participation in companies like Waltersmith Modular Refineries, blending plants and cylinder manufacturing companies, as well as strategic interventions in funding to indigenous companies through the Nigeria Content Development Fund, and sundry initiatives. 


Earlier in a welcome address, the Acting Governor, Mr. Lucky Aiyedatiwa, expressed appreciation to the Local Organising Committee of the Summit, esteemed international partners, being the United Nations Development Programme (UNDP) and European Union (EU), “for their invaluable contribution and support,” industrialists and investors as well as sponsors, namely, Niger Delta Development Commission (NDDC), Nigerian National Petroleum Company Limited (NNPCL), Toyota, JETOUR and Green Energy. 


He assured industrialists and prospective investors that Ondo is resource-rich and investment-friendly, noting that the Develop Ondo 2.0 Investment Summit “aims to attract US$2 billion investment” to the State. Recalling successes attained since the earlier edition tagged Develop Ondo 1.0 Investment Summit, he said, “2.0 symbolises our drive for continuous improvement and innovation,” adding that the State “is on the cusp of a remarkable industrial revolution.”  


He drew attention to investment opportunities in the ongoing “development of an inland gas corridor,” Port Ondo Project, and the Ondo Industrial City, which is envisaged to have a free trade zone status. 


The NDDC, which is Platinum Sponsor of the Summit, assured the Government of Ondo State of its continued support in its development efforts.

The Managing Director, Dr Samuel Ogbuku, also noted that the Niger Delta would need to plan ahead for a life without revenues from oil as international oil companies are steadily divesting from Nigeria. According to him, “NDDC is looking beyond oil,” noting that if present-day leaders failed to plan and utilise resources judiciously, future generations would demand explanation.   


Emphasising the depth of his conviction on the need for collaboration with stakeholders, he said, “I will ensure my Commission is always on the same page with our Governments on development matters.” He assured that Budget 2024 of the Commission would be prepared with participation of all state governments within the areas covered by its mandate to ensure that only projects that matter to the people are captured.   


Other speakers at the three-day Summit with the theme “Developing Possibilities” include Engr. Razaq Obe, Ondo State Commissioner for Energy and Mineral Resources/Chairman, Organising Committee; Mr. Ruben Alba Aguilera, Acting Head of Cooperation, Delegation of the EU to Federal Republic of Nigeria, and Ms. Fati Attahiru, Deputy Resident Representative – Operations, A.I./UNDP Nigeria.

The Summit will end on Wednesday, 26 July.  

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TCC is Required, WAEC Exams Still Free in Lagos, LIRS Clarifies

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TCC is Required, WAEC Exams Still Free in Lagos, LIRS Clarifies

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Lagos State Internal Revenue Service (LIRS) has reiterated that the provision of FREE West African Examinations Council, WAEC registration for SS3 students in state-funded secondary schools is a vital policy of the Lagos State Government and that free education policy from kindergarten to SS3 is still in operation.

This initiative, part of the THEMES PLUS agenda, is included in the government’s broader efforts to provide essential services such as affordable housing, efficient transportation, free healthcare, youth and small business empowerment programs, enhanced security, and better road infrastructure, among others.

Mr. Ayo Subair, Executive Chairman of LIRS, stated, “It is standard procedure to require a Tax Clearance Certificate (TCC) to access government services. To obtain a TCC, individuals must file their annual tax returns for the applicable assessment year and ensure their tax payments are currently based on their declared income.”

He highlighted that this requirement has been in practice for a long time and aligns with Section 85 of the Personal Income Tax Act (PITA) 2004 (as amended).

It is important to emphasize that every resident of the state, whether in formal employment or not, is required by law to file annual tax returns, declaring their income and paying any taxes due.

This requirement is backed by the Nigerian Constitution, it is also the law, as stipulated in the PITA and part of the social contract between the government and residents.

The Lagos State Government is dedicated to offering quality and efficient services to its residents. As part of this mission, it mandates that all taxable individuals register with the tax authority, submit their returns, and pay applicable taxes to maintain an updated Tax Clearance Certificate (TCC).

Mr. Subair explained that tax compliance is essential for the sustainability of public programs and services.

He noted that requiring a TCC for access to free services is not a new policy but a longstanding practice intended to foster fairness and transparency in using public resources. Tax revenues help fund various public programs that benefit millions of Lagos residents. For informal sector taxpayers, who might not have detailed financial records, the government has introduced a presumptive tax of ₦10,100 (comprising ₦10,000 in annual tax and a ₦100 development levy) to facilitate their inclusion in the tax net.

To enhance convenience and streamline the process, LIRS has deployed staff and agents to markets and schools, establishing one-stop centers where individuals can obtain their TCC without needing to visit tax offices. Flexible payment options, including installment plans, are also available, though full payment must be completed before the TCC is issued.

He also added that the TCC of guardians will be accepted from students who do not reside with their biological parents.

“The aim is fairness, accountability, and sustainability,” emphasized Mr. Subair. “This policy is not about inflicting hardship, but rather ensuring that everyone, including those in the formal sector, contributes their fair share to sustain the provision of essential services.”

By meeting their civic responsibilities, residents play a role in the growth and development of Lagos State, reinforcing the government’s commitment to enhancing the quality of life for its citizens.

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LAWMA Intensifies Enforcement, Waste Clean-up Across Lagos

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… Agency Urges Residents to Stop Patronising Cart Pushers

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Lagos Waste Management Authority (LAWMA) has intensified its enforcement and clean-up operations across the state to curb indiscriminate waste disposal and maintain environmental sustainability.

The agency’s Managing Director and Chief Executive Officer, Dr. Muyiwa Gbadegesin, emphasised LAWMA’s unwavering commitment to keeping Lagos clean, noting that the monitoring and enforcement team had been mobilised to ensure compliance with waste management laws of the state.

He said, “LAWMA remains resolute in stamping out illegal waste disposal and environmental violations. Our Environmental Monitoring and Enforcement Anti-Cart Pushers Squad has been actively dislodging illegal waste operators who contribute to the degradation of our environment. We urge residents to desist from patronising them and instead work with registered PSP operators for proper waste disposal.”

Gbadegesin said the enforcement team recently carried out major operations in areas like Ifako-Ijaiye, Dopemu, Agege, Ojodu Berger, and other parts of Lagos, apprehending cart pushers known for collecting waste and dumping it at unauthorised locations, stressing that such activities violated environmental laws and undermined the state government’s efforts at maintaining a clean and livable city.

He warned that ignorance of the law is not an excuse and anyone caught engaging in cart pushing would be made to face the full wrath of the law.

The LAWMA boss further noted that the Authority had also commenced the evacuation of waste from illegal dumpsites along the Lekki-Epe Expressway, particularly behind Circle Mall, adding that the operation, simultaneously taking place at Mile 2 Badagry expressway, would continue in the coming weeks, in line with the agency’s ongoing efforts to clear accumulated waste, remove silt along the median and verges and prevent indiscriminate disposal along highways.

In a separate exercise, LAWMA has intensified efforts to clean up Lagos waterways, ensuring that rivers and water bodies remain free of waste and blockages. The initiative is aimed at reducing environmental pollution and promoting cleaner water channels across the state.

Gbadegesin urged Lagosians to support LAWMA’s initiatives in 2025, by properly disposing of their waste, reporting service gaps, and calling the agency’s helplines for backup waste collection services.

“A cleaner Lagos is achievable when everyone plays their part. We urge residents to work with assigned PSP operators, report waste-related infractions, and adopt responsible waste disposal habits. Together, we can create a cleaner and healthier city for all,” he added.

For waste management related issues and complaints, please call LAWMA toll-free numbers: 080000LAWMA (08000052962), 07080601020 and 617, or visit www.lawma.gov.ng.

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

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Access Bank Appoints Uche Orji as Independent Non-Executive Director

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Access Holdings Plc (‘the Company’) is pleased to announce the appointment of Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc (‘the Bank’), effective from January 7, 2025, following the approval of the Central Bank of Nigeria (‘CBN’).

This appointment reflects our commitment to enhancing our governance practices and ensuring a diverse and experienced board.

Mr. Orji is a renowned investment banking professional, information technology entrepreneur, and finance expert with three (3) decades of professional and board experience. He is the Co-founder and Partner of Titangate Capital Management, an equity firm that invests in deep-tech, enterprise software, semi-conductors, hardware, and artificial intelligence companies.

He is the Founder and Director of Vitesse Africa Limited, an investment advisory firm focused on African energy, technology and infrastructure sectors. He serves as an Executive Board member and investor in Ultrasafe AI, an artificial intelligence/IT development firm that maintains strategic collaborations with leading technology companies. He also sits on the Board of Private Infrastructure Development Group, London, and chairs the Risk Committee.

Previously, Mr. Orji served as the founding Managing Director and Chief Executive Officer of Nigeria Sovereign Investment Authority. He held positions as Managing Director and Senior Analyst at UBS Securities Limited New York and Managing Director and Head of European Technology/Semiconductor Equity Research at JP Morgan Securities, London. He also served as Executive Director/Portfolio Manager at Goldman Sachs Asset Management, London. Earlier in his career, he was Acting Financial Controller at Diamond Bank Limited and an Audit Trainee at Arthur Andersen & Co.

He holds a Bachelor of Engineering Degree in Chemical Engineering from the University of Port-Harcourt and a Master of Business Administration from Harvard Business School.

Commenting on the appointment, Mr. Paul Usoro, SAN, the Chairman of the Bank said:

“Mr. Orji has been appointed based on his exceptionally rich professional, academic, and corporate board experience which will be invaluable to the Bank as we continue to pursue our strategic objectives.

We are confident that his addition to the Board would further enrich the quality of our decision-making process, enabling us to deliver even greater value to our customers and stakeholders.

His appointment has been made in accordance with the Bank’s internal policies and has been notified to all relevant regulatory authorities underscoring our commitment to upholding the highest standards of corporate governance.

On behalf of the Board, Management and staff, I warmly welcome Mr. Orji to the Board and look forward to his contributions towards our goal of becoming one of the top 5 African Banks in the shortest possible time.”

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