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NCDMB lauds Tinubu on Executive Orders on oil sector reforms

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Cars burnt as fire guts popular Wuse Market in Abuja

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr Felix Ogbe has applauded President Bola Tinubu, for three Presidential Executive Orders targeted at reforming the Nigerian oil and gas industry.

The reforms aim at encouraging new investments in the sector, reducing contracting costs and timelines, and promoting cost efficiency in local content requirements.

The commendation was contained in a statement issued on Tuesday by Mr Dan Esueme-Kikile, General Manager, Corporate Communications at NCDMB.

The Executive Orders are the Oil and Gas Companies (Tax Incentives, Exemption, Remission, ETC) Order 2024, Presidential Directive on Local Content Compliance Requirements, 2024 (EO 41); and Presidential Directive on Reduction of Petroleum Sector Contracting Costs and Timelines, 2024 (EO 42).

According to the statement, the Executive Secretary who spoke at the Nigerian Content Tower in Yenagoa, noted that the policy directives had reinforced the implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.

The Executive Orders have codified the Service Level Agreements (SLA), which the NCDMB first introduced in May 2017 to fast-track approvals for the Nigeria LNG Limited Train 7 project, before expanding it to the entire industry after signing a Memorandum of Understanding (MoU) with the Nigerian National Petroleum Company Limited (NNPC Ltd) and five international oil-producing companies in September 2023.

Ogbe clarified that the Presidential Executive Orders did not whittle down the powers of the NCDMB or abrogate the schedule of the NOGICD Act.

According to him, the Executive Order 41 mandates the Board to ensure the patronage of local companies with domiciled proven capacities and capabilities to achieve cost competitiveness and project delivery within schedule.

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He explained that Executive Order 42 reemphasized NCDMB’s obligation to fast-track approval processes as required by the SLA and section 23 of the NOGICD Act, which mandates the Board to review projects’ documentation within 10 days and advise the concerned operating company.

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He assured that the Board would comply with the terms of the Presidential Executive Orders, insisting that the Board had always been pragmatic with its implementation of the NOGICD Act and mindful of the cost competitiveness of projects and schedules.

He maintained that the objectives of the Executive Orders and the SLAs were directed to shorten the oil industry’s contracting cycle to six months or less, engender speedy development of new projects, contribute to increased oil production, and improve the national economy.

He expressed delight that President Tinubu had put his stamp of authority on the noble objectives of the SLAs.

He commended Mr. President for acknowledging the giant strides recorded in Nigerian Content development, particularly the impressive capacities built by local oil and gas service companies in key areas of the industry and the substantial benefits that had accrued to the Nigerian economy and her citizens through local content implementation.

The NCDMB boss assured that the agency would continue to serve as a business enabler and maintain the recognition conferred by the Presidential Enabling Business Environment Council (PEBEC), which awarded the Board the most efficient agency amongst all Federal Government’s MDAs in 2022 and the PLATINUM rating by the Bureau for Public Service Reforms in recognition of the self-imposed reforms of Board’s processes.

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Come out of hiding, surrender to EFCC – Ortom tells Yahaya Bello

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Yahaya Bello

The former Governor of Benue State, Samuel Ortom has advised the immediate past Governor of Kogi State, Yahaya Bello to come out of his hiding and surrender himself to the Economic and Financial Crimes Commission, EFCC.

Ortom gave the advice Sunday at the Redeemed Christian Church of God, RCCG, Regional Headquarter in Makurdi during the thanksgiving service organized by his former appointees to mark his 63rd birthday anniversary.

He said it was improper for the former governor to go into hiding when called upon by the anti graft agency to clarify issues bordering on his tenure as governor.

He noted that the act of evading the invitation of the anti graft agency and trying to flee would bring shame and disgrace to former governors.

Ortom said, “let me use this opportunity to advise my younger brother and friend, former governor Yahaya Bello not to disgrace former governors.

“If you are called to come and account for your stewardship by the Economic and Financial Crimes Commission, EFCC, go there.

“You do not need to hide from EFCC, you do not need to resist arrest or anything. Go there and explain. EFCC are human beings who are doing their work.

“If they are making inquiries, the laws are there. I have tried to get him on phone, I could not, I tried those around him, I could not. I want him to note, wherever he is, if he can hear me from there, he should go before the EFCC.”

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The former governor who lauded his former appointees for celebrating him at 63 said “I did not know that I am still being appreciated after leaving office. This gesture may make me come out of my hibernation.”
He said being in power as governor for eight years was not an easy task given the challenges and restrictions imposed on you and those who wanted to see you, while in power, by security details.
He said “you live like a prisoner, you are restricted and many people you would want to see, you are unable to see them while those that want to see you will not be able to see you because of the security restriction. And some will hate you thinking it was deliberate.

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“I know that it is not everything I did that favoured everyone and it was not everything I did that favoured me also, that is the fact.

“That is why I always encourage everyone of us to pray for leaders, pray for our President, Governors, political office holders and others including the clergy.
We are all prone to make mistakes as human beings because we are not perfect, prayer is very important.”

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Gunmen assassinate Governor Aiyedatiwa’s Campaign Coordinator in Ondo

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Ondo State Governor, Lucky Aiyedatiwa

Alaba Abbey, a campaign coordinator of Governor Lucky Aiyedatiwa of Ondo state, has been brutally murdered by gunmen

Mr Abbey, who served as a ward coordinator for the Lucky Aiyedatiwa Campaign Organization Foot-Soldiers (LACO-SF), was killed in his hometown of Supare Akoko, Akoko South West Local Government Area, on Saturday.

The Gazette learnt that the deceased was the returning officer for the ruling All Progressives Congress (APC) in his Ward 10 in the recently concluded primary of the governing party.

Samuel Abbey, a younger brother to the deceased, who confirmed the sad development, said that the local politician was shot at the front of his house in Supare, and the family believed it was an assassination.

“It is a sad development, my brother was assassinated in front of his house here in Supare. Our family are in pain right now,” he said.

Funmilayo Odunlami-Omisanya, the spokesperson for the police in Ondo, confirmed the killing of Mr Abbey in a brief chat with reporters in Akure, on Sunday.

Mrs Odunlami-Omisanya revealed that the state command had launched an investigation into the brutal killings.

“We have begun an investigation into the case and we will unravel what led to his killing,” she said.

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Meanwhile, the Lucky Aiyedatiwa Campaign Organisation Foot-Soldiers (LACO-SF) has condemned Mr Abbey’s brutal killing.

The group also called on police authorities in the state to protect its members from brutal attacks by assailants.

In a statement by the spokesperson for the campaign organisation, Kayode Fasua said the late Abbey was actively involved in the campaign activities of Mr Aiyedatiwa until his brutal killing.

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Earlier, the Director-General of LACO-FS in Akoko Southwest Local Government, David Ajobiewe, described the killing of Mr Abbey as a big tragedy.

“Excel had been a resourceful coordinator for the Aiyedatiwa campaign organisation in Ward 10 of Supare and was never known to be violent and never had any history of a local or domestic dispute.

“We urge the police authorities to step up investigations into his gruesome murder and bring the perpetrators of the dastardly act to book,” he said.

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Enugu govt awards contract to revamp Hotel Presidential, set to revive Nigergas company

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Dilapidated Hotel Presidential Hotel Enugu

The Governor Peter Mbah Administration in Enugu State Government has awarded the contract for the revamping of Hotel Presidential, a premier hotel in the heart of the state’s capital.

The administration also said that it was currently perfecting the terms of agreement for the resuscitation of the state-owned Nigergas Company Limited sequel to a memo by the Enugu State Investment Development Authority in line with Dr. Peter Mbah’s target to rehabilitate, refurbish, and commission all dormant state assets such as Nigergas.

Government made these known after the State Executive Council meeting presided over by the governor at the weekend.

Briefing Government House correspondents, the Commissioner for Information and Communication, Mr. Aka Eze Aka, and his Culture and Tourism counterpart, Dame Ugochi Madueke, said the moves were in line with the governor’s promise to convert all dormant assets in the state to productive assets.

According to Dame Madueke, revamping of the Presidential Hotel would not only put Enugu State in the world map as the premier destination for investment, tourism and hospitality, but would also create jobs for the teeming youths in the state.

“It is with great joy that I make this announcement because the hotel has been abandoned and had gone moribund over the past years. However, bringing it back to life will not only put our state on the world map again, it will equally create economic value-chain, market, tourism and employment for our youths,” the commissioner stated.

Hotel Presidential was built by the administration of the late premier of the defunct Eastern Region, Dr. Michael Okpara, and opened in 1963. It ran as a prestigious hotel until it became moribund decades after.

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Speaking on the Nigergas Company Limited, Mr. Aka observed that the present administration was focused on reviving all moribund industries to create economy of scale for the state, and lead to the state selling its products beyond the East of the Niger.

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He said the approval for the revamp of the comatose company was based on a rigorous assessment of many commercial proposals and models presented to the state, establishing a compelling business case and profitability.

On his part, the Managing Director and Chief Executive Officer of the Enugu State Investment Development Authority, Dr. Sam Ogbu-Nwobodo, while throwing more light on the move, said the demand for medical oxygen and industrial gas in the country far outpace the supply, hence the need for the state government to partner a reliable private player with proven integrity and track record to revamp this Nigergas and take advantage of the huge inherent opportunities.

“The “re-engineering, refurbishment, and subsequent commissioning of Nigergas is a deliberate step by the Governor Mbah Administration to provide the much-needed medical oxygen and industrial gas for the South East and the entire country because the country is hugely underserved.

“The profitability profile, commercial and investment have been vetted with prospects of huge profit.

“We have everything on ground, and our timeline to kick off is certain. What remains is the paperwork because we already have the approval of the governor and now that of the State Exco,” he added.

Dr. Nwobodo said the Nigergas Company, would employ over a thousand workers, when resuscitated.

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He explained that the move to revamp Nigergas was one in the series of projects aimed at reviving other moribund state-owned enterprises such as Niger Steel Ltd., Sunrise Flour Mills, and the aluminum smelting company at Ohebe Dim.F

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