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NCDMB Pledges More Support For Indigenous Firms … As Ogbe Praises Lee Engineering’s Capabilities 

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Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has assured Nigerian oil and gas service companies of continued support to sustain the impressive growth in local content and to boost their production operations.
Speaking during a facility tour of the 10,000-square-metre fabrication yard of Lee Engineering and Construction Company Limited, Warri, Delta State, on Friday, Ogbe said he had paid similar visits to other servicecompanies across the country.
He stated that he was highly impressed with facilities and competencies acquired in the pursuit of local content development, saying he was amazed at the assortment of top-grade engineering equipment and industrial machinery parts in the expansive operational base of the company.
“I’ve come, have seen. I’m so impressed with your facilities”, Engr. Ogbe said.
He praised the firm on its 34years of active engagement in engineering, construction, operations, and maintenance (EPCOM) services with major oil and gas industry players, such as the Nigerian National Petroleum Company Limited (NNPCL), Shell Petroleum Development Company (SPDC), Shell Nigeria Exploration and Production Company (SNEPCO), Chevron Nigeria Limited, ExxonMobil, and TotalEnergies Limited, amongst others, as clients.
He noted that the company has successfully undertaken over 350 major projects in the industry and has an excellent record of “zero incident, zero downtime” in its decades of operations.
“I will collaborate with your company and ensure that jobs you can do will come here. We’re here as enablers to business, and I will work with any company that can increase production in the country”, the Executive Secretary added.
Ogbe also expressed interest in the company’s solar technology, which he said, would be required to provide electricity to ICT centres established by the NCDMB in several secondary schools across the Niger Delta and other parts of the country.
In his speech, Chairman and Chief Executive Officer of the firm,  Chief Leemon Ikpea, thanked the Executive Secretary and his entourage for the facility visit.
He said the company, whose corporate headquarters is in Ikoyi, Lagos, was incorporated in 1991, and currently has several subsidiaries operating in Warri, Port Harcourt, as well as in Europe and the United States.
Ikpea stated how the state of the oil and gas industry in Nigeria was in the early 1990s, noting that the dominance of foreign companies and production inputs, and the attendant massive capital flight was exceedingly disturbing and ruinous to the nation’s economy, and that Nigerian engineers in the sector like him became agitated and initiated the push for local content.
According to him, the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD] Act, 2010, marked a turning point for the industry and the nation as indigenous oil and gas companies were thus enabled to vie for and execute projects.
“Foreign companies cannot transfer technology to us. It is only indigenous companies that could and have demonstrated such potential through intensive capacity building programmes, acquisition and deployment of hi-tech operational equipment and actual execution of projects”, he said.
The company’s CEO drew attention to the company’s feats in industrial equipment manufacture, the over 350 projects executed by the firm, saying it includes the Utorogu Gas Plant and the 150,000-barrel-per day Odidi Flow Station, and a workforce of 3,500 Nigerians to buttress his claim regarding the remarkable success achieved by indigenous companies.
“This is a sign that local content is working. I thank the NCDMB for living up to the billing as an enabler of businesses”, he said.
A statement from the Corporate Communications Directorate of the Board says that on the entourage of the NCDMB’s Executive Secretary to the firm we’re the General Manager, Corporate Communications and Zonal Coordination, Barr. Esueme Dan Kikile; Senior Technical Assistant to the Executive Secretary, Engr. Mofe Megbele; Zonal Coordinator, Delta and Edo States, Engr. James Eyetigha, amongst others.
Ariwera Ibibo-Howells, Yenagoa
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Bayelsa Begins EIA On 60MW Power Plant

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The Bayelsa Electricity Company Ltd, in collaboration with the Federal Ministry of Environment, on Friday, commenced the Environmental Impact Assessment (EIA) for the proposed 60-megawatt (MW) power plant.
The Tide’s source reports that the power plant project, led by the Bayelsa State Government, is in Elebele, on the outskirts of Yenagoa, the state capital.
The source also reports that the State Governor, Douye Diri, had announced plans to establish an independent power project to end the state’s reliance on the national grid and provide an uninterrupted power supply across Bayelsa.
The Director of Operations at the Bayelsa Electricity Company Ltd., Steve Bubagha Jnr., conducted the Minister of Environment, Balarabe Lawal, and his team around the project site.
Mr. Bubagha explained that the company planned to install a 60MW “plug and play” gas-fired turbine that would receive gas feed from the Oando gas manifold in Elebele.
He said the land area for the project is approximately 5.8 hectares, with 2.1 hectares currently being used.
“The Independent Power Plant is officially known as the ‘Yenagoa Power Project. This is a ‘Plug and Play’ Gas Turbine.
“What we mean by ‘plug and play’ is that the turbine is already set to be installed upon arrival from the manufacturers.
“We are only working on other components, so the turbine should be running in less than two years, or at most, in two years”, Bubagha explained.
Following the site visit, the environment minister, represented by Adimchinobi Okereke, emphasised that the purpose of the visit was to ensure the EIA process adhered to standard guidelines before granting final approval to the project.
He lauded the state government for initiating the project, noting that once completed, it would benefit Bayelsa and contribute to solving Nigeria’s power supply challenges.
Azibola Inegite, a professor and Dean of the Faculty of Science at Niger Delta University, and the EIA consultant for the project, assured that international best practices would be followed in conducting the EIA.
He emphasised that the EIA was essential for the successful execution of impactful land and environment-related projects.
On his part, the technical adviser on Print Media/Public Affairs to Governor Diri, Wisdom Ikuli, commended the Governor for his vision in executing the project.
He stated that the 60MW power plant would help reduce the state’s frequent power outages and boost business growth, thereby accelerating industrialisation.
A key part of the minister’s visit was the “Stakeholders Engagement Scoping Workshop for Environmental Impact Assessment of Proposed Gas Powered Plant and Gas Delivery Pipeline in Bayelsa State”.
The workshop brought together stakeholders from Elebele, whoch include the host community, and Kpansia, an impacted community in Yenagoa Local Government Area.

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Firm Unveils Solutions To Oil Logistics Challenges

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A firm, Fortune Global Shipping and Logistics Limited, said it has concluded plans to unveil an excellent and cost-effective logistics solution for oil and gas logistics, project cargo, customs clearance, consolidation, and construction, among others, in Lagos State.
Announcing this in a statement on Friday, the company said the initiative would be unveiled during the 2025 Sub-Saharan Africa International Petroleum Exhibition and Conference.
It stated that the event is billed to take place in Lagos this week.
SAIPEC is an annual global event which focuses on harnessing a sustainable African energy industry through partnerships.
Fortune Global explained that the exhibition promises to engage with other key industry stakeholders, decision-makers, and experts across Sub-Saharan Africa’s energy supply and value chain.
“We invite you to experience more and find out about Fortune Global’s latest innovations in oil and gas logistics. Connect with Fortune Global Shipping and Logistics Limited at the Exhibition Booth N21, Eko Convention Centre, in Lagos”, the statement stated.

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Nigeria, Still Africa’s Largest Economy – World Bank

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Nigeria remains the largest economy in Africa going by Gross Domestic Product (GDP), in spite of the challenges faced by yhe country’s private sector.
World Bank’s Country Director for Nigeria, Dr. Ndiame Diop, who confirmed this at the Country Private Sector Diagnostic (CPSD) and Stakeholder Engagement in Abuja, Friday, said while Nigeria receives far less Foreign Direct Investment (FDI) than its potential warrants, especially in comparison to countries like Indonesia and South Africa, it continues to hold its position as Africa’s biggest economy.
He said the CPSD report, set to be released in the coming weeks, will reveal the impact of private sector constraints on economic growth.
Diop noted that if targeted actions were taken to remove these obstacles, Nigeria’s economic potential would be significantly enhanced.
He explained that the current macroeconomic reforms have created a favourable environment for such changes.
He cited the country’s recent economic stabilization measures, particularly exchange rate market adjustments and improved access to foreign exchange, as critical steps that have already enhanced investment conditions.
The Country Director outlined four key sectors where strategic reforms could unlock massive investment and job creation.
He stayed that in the Information Communication Technology (ICT) sector, investment opportunities worth up to $4 billion could be realized, potentially creating more than 200,000 jobs.
In agribusiness, reforms could unlock $6 billion in investment and generate over 275,000 jobs.
The solar photovoltaic (PV) industry holds the potential for $8.5 billion in investment and more than 129,000 jobs, while the pharmaceutical sector could attract $1.6 billion and create more than 30,000 to 40,000 jobs.
For the ICT sector, he identified the high, unpredictable, and inconsistent right-of-way fees, levies, and informal charges, comprising 30 to 70 per cent of broadband rollout costs, as a major barrier.
According to him, addressing these regulatory inconsistencies would be a game-changer for broadband expansion.
He acknowledged that the National Economic Council has recognized this issue and that progress is being made through a World Bank-supported initiative.
He also noted challenges such as vandalism, limited financing for rural broadband expansion, and the need for competitive access to wholesale fiber.
Dr. Diop further noted that efforts are underway in collaboration with government agencies to resolve these issues, and the World Bank, the International Finance Corporation (IFC), and private investors are prepared to support broadband infrastructure development.
On solar power, Diop described Nigeria’s energy sector as difficult but noted that renewable energy access, particularly solar PV, has been a bright spot.
He explained that private sector investment in renewable energy has historically been hindered by high costs and unviable tariffs.
However, blended finance mechanisms supported by the World Bank and IFC have helped bridge this gap, making off-grid solutions more viable.
He noted the DES project, which aims to connect 17.5 million households and businesses to solar power, as evidence of growing private sector interest.
While the solar industry is expanding, he stressed that reforms to improve Nigeria’s grid electricity supply remain crucial for industrialization.
On her part, the Regional Director for Central Africa and Anglophone West Africa at the IFC, Dr. Dahlia Khalifa, stressed the importance of consistency in regulatory policies, particularly in customs duties and revenue agency fees.
She noted that unpredictability discourages private sector investment, as businesses rely on stable regulatory environments for strategic planning.

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