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Over $50bn Oil Industry Projects Unveiled at NOGOF- Wabote

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

Oil and gas opportunities valued over $50bn and projected to be developed within five years were showcased by international and indigenous companies at the 2023 Nigerian Oil and Gas Opportunity Fair (NOGOF) which ended on Friday at the conference hall of the Nigerian Content Development and Monitoring Board (NCDMB) in Yenagoa, Bayelsa State.


Speaking at the conclusion of the two-day fair which drew 1,086 registered participants, the Executive Secretary NCDMB, Engr. Simbi Kesiye Wabote stated that the quantum of opportunities covered different segments of the industry and required proper collation as they run into billions of dollars.

He stated, “some of the opportunities are from the indigenous players, some by NNPC Ltd and the international oil companies. If you put them together, in the next 5 years, they would exceed $50bn that would be invested in the Nigerian oil and gas industry”.


Listing a few of the opportunities and their values, he said: “Bonga Southwest which Shell talked about is almost about $7bn to $8bn. Shell also talked about Bonga North which they might take final investment decisions (FID) early next year and is almost $3bn.”


On steps to be taken by interested service companies and other players to participate effectively in those projects and opportunities, Wabote charged such firms to prepare themselves adequately, restating that the oil and gas industry is highly technical and does not compromise safety and standards.


He added: “If someone gives you projects he intends to execute in the next two years; Nigerian companies having listened to the opportunities should go back and continue to build their capacities in readiness to actively participate.”

He also counseled that the oil and gas sector is not an environment where an entrepreneur can immediately step in and achieve success. “You must have staying power to succeed,” he said.


The NCDMB helmsman promised that the Board will collate the opportunities into a compendium and make them available to registered participants.

He confirmed that the Board tracks the development of the opportunities showcased at every edition of NOGOF. Providing an update of projects shared at previous editions and hinted that “most of them have come to fruition, others are challenged by security concerns, final investment decisions (FID) challenges, bankability, and regulatory requirements and approvals. But those that have crossed the hurdles have been developed and are producing today.”


He added: “We shared Ikike and today it is almost doing 50,000 barrels per day; we shared Nigeria LNG Train 7 almost 6 years ago and today it is in full steam, hoping to be completed in 2026. We shared the upstream opportunities that will feed into Train 7, HI, HA and Obeta projects.

This has been a tremendous success by NCDMB.”


On other conditions necessary for the speedy development of oil industry projects, Wabote canvassed for the eradication of policy inconsistencies.

He advised other regulatory bodies in the industry to conclude the formulation and release of key regulations that will serve as subsidiary legislations of the Petroleum Industry Act (PIA), to give investors the necessary confidence to move ahead.

He equally challenged relevant agencies to address the worrisome security challenges, particularly the wanton crude oil theft in the Niger Delta.

This will enable the production of hydrocarbons at reasonable costs and profitability, he opined. He regretted that most indigenous operators were unable to evacuate their crude oil through pipelines for over one year and are now forced to explore alternative options at high costs.


Speaking further, the NCDMB boss affirmed that Nigerian content has come of age, recalling the past when expatriates dominated major operations and events of the industry and Nigerians played second fiddle.

He expressed delight that indigenous firms have become highly competitive and dominant in the service sub-sector – upstream, midstream and downstream.


The 4th edition of the fair was attended by leaders of the oil and gas industry, including the Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd, Mallam Mele Kolo Kyari, Chairman of Shell Companies in Nigeria, Mr. Osagie Okunbor, chief executives of several international and indigenous operating and service oil and gas companies and other stakeholders.


It featured opportunities and technical sessions in which representatives of several operating and service companies and regulatory agencies made presentations on their plans and projects, among others.


The next edition of NOGOF is slated for 2025.

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New NiMet Management Under Prof. Anosike Has Prioritized Capacity Development, Over N140Million Spent In 1st Quarter Of 2024…Dr. Nasiru Sani, Director Of Human Resources

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What Is The Focus Of The New NiMet Management With Regard To Human
Capital Development?

Dr. Nasiru Sani, Director Of Human Resources Management and Administration (DHRM), NiMet.

A lot is going on at NiMet at the moment. Across all the Directorates, not just in the area of capacity building. Shortly after the appointment of the Director General and Chief Executive Officer, also Nigeria’s Permanent Representative with World Meteorological Organization (WMO), Prof. Charles Anosike, he organized a management retreat for the newly appointed Directors and other senior management staff.

That workshop was quite enlightening. We discussed vision and goal alignment. It was drilled down to the various directorates how what we do at NiMet must always align to what the Tinubu government is trying to achieve, linking it with the Aviation sector roadmap of Festus Keyamo, SAN, the Honourable Minister of Aviation and Aerospace Development. Starting with Tinubu government’s 8-point agenda for economic recovery; food security; poverty eradication; growth, job creation; access to capital; inclusion; rule of law; and fighting corruption, down to the performance bond the Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, signed with Aviation Agencies Heads and their Directors in February 2024. Development of human capacity is a key deliverable in the performance bond.

The DG/CEO, Professor Anosike, and the management team have prioritized capacity development, and are working so hard at the same time to reposition the agency. So many initiatives are ongoing in the agency, but specifically looking at the HR Directorate that I head, in the first quarter of 2024, the agency has spent over one hundred and forty million naira (N140M) training over 100 staff members. This month of May, senior staff will be embarking on another round of training focusing on leadership and performance management, while junior level staff will be trained in ethics and performance management.

Capacity development has become a culture under the new management. The staff say that this is unprecedented and we are seeing the effects already. Staff morale and motivation are higher. Productivity has increased in line with the federal government’s performance management metrics. We are strictly tasked to ensure accurate reporting of weather and climate information.

There are new tools, software and ways of analyzing weather patterns. Through training, our staff are able to adopt these new methods and perform their roles effectively and efficiently.

What Is The Mandate Of NiMet?

The Nigerian Meteorological Agency (NiMet), is a Federal Government of Nigeria agency charged with the responsibility to advise the Federal Government on all aspects of meteorology.

NiMet is also tasked to project, prepare and interpret government policy in the field of meteorology; and to issue weather (and climate) forecasts for the safe operations of aircrafts, ocean going vessels and oil rigs.

With climate change and weather patterns changing, our work has become more critical. Individuals and organizations rely on our weather forecasts, predictions and alerts for their planning.

This year in particular has been very hot and our hardworking scientists and meteorologists have been so busy ensuring that these climate and weather information are disseminated to the public via our social media platforms, website, text alerts etc.

We are also pleased with the partnership that our DG/CEO has brokered with national TV stations and newspapers to broadcast and transmit the weather information.

We also partner with local radio stations including FRCN and the BBC. Our staff were on BBC native language programmes recently sensitizing the public about NiMet’s seasonal climate prediction (SCP).

As A Scientific And Technical Agency, Do You Have Challenges Attracting Staff To The AgencyThe work we do at NiMet is very technical and we work in a scientific environment. We have the most dedicated and professional staff. However, as people retire, gaps are created in the workforce requiring the need to in-fill new talents.

There are a few universities offering meteorology and related courses in Nigeria. NiMet has a training school at Oshodi, Lagos, and the MBMisT institute in Katsina.

These institutions train and re-train our staff plus outsiders interested in studying meteorology.

There are always ready availability of talent pool from these internal and external institutions to chose from whenever there is need, and the relevant federal government agencies grant NiMet the approval to employ new staff.

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NiMet DG/CEO Anosike Tasks Staff On Transparent Processes At 2024 Budget Retreat

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NiMet DG/CEO Anosike Tasks Staff On Transparent Processes At 2024 Budget Retreat

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Director General, Chief Executive Officer of The Nigerian Meteorological Agency (NiMet), Professor Charles Anosike, has asked Directors and staff of the agency to ensure strict compliance to budgetary provisions.
Professor Anosike was speaking at the Budget Retreat of the agency on Monday, 6th May, 2024.

While declaring the retreat open, Professor Anosike said; “The NiMet Budget Retreat is fundamental for the new management and staff. It is an opportunity for us to improve our budgetary practices and also to discuss the 2024 budgetary provisions”.

Continuing, Professor Anosike tasked the Directors and senior staff of the agency who participated in the retreat to listen, participate and contribute to the robust discussions.

“Anticipated outcome of the retreat is that all will embrace performance-based budgeting which will lead to transparent and accountable budgetary processes.
This will help management and staff to achieve our set goals during the budget year, in line with the performance bond signed with the Minister of Aviation and Aerospace Development, Festus Keyamo, SAN”, Professor Anosike concluded.

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ASR AFRICA COMMENCES CONSTRUCTION OF 500-CAPACITY LECTURE THEATRE AND FACILITIES WORTH 250 MILLION NAIRA FOR ADAMAWA UNIVERSITY

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H


The Abdul Samad Rabiu Africa Initiative (ASR Africa) commences the construction of a 500-capacity lecture theatre and wash facilities for the Adamawa State University, Mubi.

L-R: Nakama Keri, Multilateral Coordination Specialist, ASR Africa; Dr. Ubon Udoh, MD/CEO, ASR Africa; Dr. Stephen A. Lagu, Ag. Vice Chancellor, Adamama State University; Engr E. B. Filli, Director, Physical Planning & Devt., and Mallam Aminu Aliyu Alkali, Registrar at the Groundbreaking Ceremony in Mubi, Adamawa State.

This project is coming after the nomination of the institution as a recipient of the ASR Africa Tertiary Education Grant Scheme (TEGS), by the Board of Directors of the Abdul Samad Rabiu Africa Initiative.


Speaking at the event, the Acting Vice Chancellor of the University, Dr. Stephen A. Lagu, expressed his appreciation to the Chairman of BUA group and ASR Africa, Abdul Samad Rabiu, for the rare philanthropy gesture towards the university.

He stated that the intervention of the Chairman would reduce the physical infrastructure deficit at their new campus and promote sanitation and hygiene in the university.

L-R: Dr. Ubon Udoh, MD/CEO, ASR Africa and Dr. Stephen A. Lagu, Ag. Vice Chancellor Adamawa State University at the groundbreaking ceremony of the Abdul Samad Rabiu 500-capacity Lecture Hall with other facilities.

He added that the choice of the 500-seat lecture theatre with the four boreholes at different locations within the campus was identified and agreed to by the relevant organs of the institution with the ASR Africa team.


Dr Ubon Udoh (MD / CEO, ASR Africa), in his remarks, congratulated the institution for qualifying for the nomination by the Board of Directors of ASR Africa.

He stated that the rigorous selection process which includes stringent criteria such as the quality of service delivered by the university and the pedigree of graduands from the institution at the national and international levels, proves that the university is keeping up with its vision as a leading institution of learning in the region.

He encouraged the management and students to ensure proper use and maintenance of the facilities as a show of appreciation for the grant given to them.


The Tertiary Education Grant Scheme of the Abdul Samad Rabiu Africa Initiative is part of the efforts of the Chairman of BUA Group and ASR Africa, Abdul Samad Rabiu to give back to the African continent and make a lasting impact in education as a means of uplifting and restoring the dignity and lives of Africans.


About ASR Africa
ASR Africa is the brainchild of African Industrialist, Philanthropist and Chairman of BUA Group, Abdul Samad Rabiu, the Abdul Samad Rabiu Africa Initiative (ASR Africa) was established in 2021 to provide sustainable, impact-based, homegrown solutions to developmental issues affecting Health, Education and Social Development within Africa. 

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