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PPP Business Model Responsible for Success of NLNG -Fubara *Pledges Continued support for Corporate Organizations operating in Rivers State

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Rivers state governor Siminalayi Fubara(right) New CEO of the NLNG, Mr Adeleye Falade(left)

By George Mgbeleke

Governor of Rivers State, His Excellency, Sir Siminalayi Fubara has attributed the success of the Nigeria Liquified Natural Gas ( NLNG) Limited to the Public Private Partnership ( PPP) business model adopted by the Federal Government and the multinational oil companies from the inception of the organisation.

Governor Fubara stated this while receiving the new Managing Director and Chief Executive Officer of the NLNG, Mr Adeleye Falade who paid him a courtesy visit at Government House, Port Harcourt.
The NLNG is jointly owned by Nigerian National Petroleum Corporation (NNPC) with 49%, Shell Gas B.V. with 25.6%, Total LNG Nigeria Ltd with 15%, and Eni International with 10.4%.This partnership model allows for shared risks, costs, and expertise in the LNG sector.


L to R: Miss Homa Nmegbu, Govt. Relations Advisor; Abdul Saleh, Technical Adviser to Exexutive Management; Dr Yemi Adeyemi, Manager Community Relations; Abdul Umar, Manager, Government Relations; Engr Adeleye Falade, MD/CEO, Governor of Rivers State, His Excellency, Siminalayi Fubara; Dr Sophia Horsfall, GM, External Relations & Sustainable Development; Mike Igoni, Head, Govt Relations; Ifeanyi Umeh, Head Community Engagement & Liaison, Kate Allison, Senior Govt Relations Advisor and Emma Nwatu, Senior Media Advisor, in a group photograph during the courtesy visit on Wednesday.

In a statement by his Chief Press Secretary,Onwuka Nzeshi, governor Fubara observed that the NLNG has not only survived the difficult business environment but has made sustained progress in the nearly three decades of its existence. According to him, the decision of the Federal Government to allow the multinational oil companies who have the needed expertise to run the establishment while government plays a supervisory role over it, has largely been responsible for its success.

” I’m very proud to say that if there is one establishment that has shown resilience, that has survived in the face of all the political issues prevalent in this country, it is the NLNG. And what is the reason? The reason is very simple. Government has no business in business. That is the truth. Leave the business for those people who can operate it. Let the government play its supervisory role to ensure that there is compliance with the laws; ensure that standards are maintained and also ensure that the right people with the needed expertise are at the helm of affairs. That’s all. I think that is the reason why we still record a lot of successes in NLNG,” he said.

Governor Fubara pledged the continued support of his administration for the NLNG, stressing that the success of the organisation is equally the success of the government of Rivers State and the success of the Federal Government of Nigeria. He gave assurance that his administration will continue to contribute it’s own quota in support of the NLNG.

“Our duty is to make sure that we support whoever is operating in our state. We are the ones here. If we don’t support you and you don’t succeed, we also will not succeed and Mr President will also not succeed.
“So the success of your establishment is the success of our state, and overall success of Nigeria. So you can count on our support. Wherever you think we need to come in to support you, please do not hesitate to call upon us.
“You just mentioned here that your predecessor left a handover note showcasing the level of support that he got from the state. It is not going to be different in your own case. I can assure you that. I will also ensure that other units of the government will liaise with you when necessary. So even if you can’t get to me, you can always get to them and if there is anything we can do to help your establishment succeed, we will do it for you,” he said.

In his opening remark, the new CEO of the NLNG, Mr Adeleye Falade who led other top officials of the company on the visit, expressed appreciation for the audience granted them and appealed to the Government of Rivers State to continue to support the organisation.

” We appreciate the opportunity to meet with you and deepen this important relationship.We deeply value the support the Rivers State Government continues to extend in fostering an enabling operating environment for businesses. NLNG remains deliberate in its contribution to Nigeria’s development, and Rivers State, our primary host, continues to be central to that commitment,” he said.
The company, Falade said, has continued to work with its host communities to strengthen their capacity to identify, prioritise, and deliver sustainable development initiatives that create lasting impact. According to him
communities including Amadi-ama, Abua, Ekpeye, Okrika, Kalabari, and Emohua have continued to benefit from this model. He said that beyond community infrastructure, the NLNG have sustained investments in economic empowerment through initiatives such as Vocational Innovation and Business Empowerment Scheme (VIBES) and Micro Small and Medium Enterprise (MSME) schemes. These, he said, were designed to support small businesses, build capacity, and stimulate local enterprise across the state.
Among officials of the company who accompanied the Managing Director where General Manager, External Relations and Sustainable Development, Dr Sophia Horsfall; Manager, Government Relations, Mr Abdul Umar; Manager, Community Relations; Dr Yemi Adeyemi; Head of Government Relations, Mr Mike Igoni; Head of Community Liaison and Engagement, Chief Ifeanyi Umeh. Others are Technical Assistant to Executive Leadership, Mr Hassan Saleh; Senior Media and Publicity Advisor, Mr Emma Nwatu; Government Relations Advisor, Miss Homa Nmegbu, Senior Government Relations Advisor, Mrs Kate Allison and Audio -Visual Advisor, Mr Dawood Ahmed.

Business & Economy

Bayelsa Assembly Hopeful Unveils Blueprint On Human CapitL development

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By David Owei,Bayelsa
Standard bearer of the Peoples Democratic Party (PDP) for Ogbia Constituency one in the 2027 elections into the Bayelsa State House of Assembly, Hon. Whoknows Azibola Odoko has said he would focus on human capital development, amongst others if he is elected into the State legislature.

Odoko stated this during a chat with Journalists in Yenagoa, the state capital yesterday.

Our source gathered that ex-President Jonathan is also a constituent of the Ogbia constituency one.

He said the era of voting for candidates who abandon constituents upon their elections was over, noting that there was nothing better than empowering and building constituents so that they can eke out a living for themselves.

The assembly hopeful averred that if elected, he would amongst other empowerment programmes roll out an educational support scheme for the training and retraining of his constituents.

He also pledged to facilitate the provision of jobs for constituents who have the requisite skills and credentials for employment, saying that under his stewardship as a lawmaker the constituency will heave a sigh of relief.

Speaking on the crisis rocking the PDP, the party’s candidate noted that all the major political parties in the country have their own share of problems, emphasizing that the Peoples Democratic Party would emerge stronger and more united on or before the 2027 polls.

He said: I’ll win the election. My popularity cut across party lines in the constituency and beyond. My teaming supporters are ready and willing to convert the goodwill I enjoy from across the constituency into votes for me come 2027.

“Upon my election I’ll institute an aggressive empowerment scheme in education, jobs creation and employment generation for my constituents.

“The era of electing candidates who don’t have anything to offer to the constituency is over”.

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Business & Economy

Senate approves N2.285trn FCT 2026 Budget ……Allocates 76% to capital projects

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By George Mgbeleke

The Senate on Thursday passed the 2026 Statutory Appropriation Bill for the Federal Capital Territory, (FCT) approving a total expenditure of N2.285 trillion for the administration and development of Abuja.

The approval was sequel to the presentation of the harmonised report of the Senate and House of Representatives Committees on the FCT during plenary.

Vice Chairman of the Senate Committee on FCT, Senator Austin Akobundu, presented the report on behalf of Committee Chairman, Ibrahim Bomai.

According to Akobundu, the budget is based on a projected revenue estimate of N2.385 trillion as it allocates N165.7 billion to personnel costs, N378.2 billion to overhead expenditure, and N1.741 trillion to capital projects across the territory.

He said 76.19 per cent of the total allocation is devoted to capital expenditure, while recurrent expenditure accounts for 23.8 per cent.

The appropriation, he added, complied with constitutional provisions and followed extensive consultations between the joint committees and officials of the Federal Capital Territory Administration.

“The committees met with the minister and other relevant officials of the FCTA and deliberated extensively on the subject matter,” Akobundu said.

Lawmakers described the budget as balanced and development‑oriented, with potential to accelerate infrastructure growth and improve security in Abuja and its satellite communities.

Deputy Senate President Barau Jibrin commended the proposal, calling it “top notch” and reflective of a strong commitment to infrastructural transformation in the FCT.

“Mr President, the budget is top notch. You know, I am the only one in the history of the legislature in this country that had the opportunity to serve as chairman of the appropriation committee in the House and in the Senate. So when I see a good budget I know it’s a good budget.

“A budget that has a total of N2.2 trillion and out of this, N1.7 trillion is going for capital shows his willingness and determination to continue to position FCT to the admiration of all,” he said.

Also contributing, Senator Abdul Ningi also described the budget as well‑packaged and balanced, noting that it addressed observations raised by the Senate Committee on the FCT during earlier budget reviews.

In his remarks, the Senate President Godswill Akpabio commended the committee for a job well done and urged the FCT Minister, Nyesom Wike not to relent in the development of the Territory.

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Business & Economy

NNPC SCANDAL: HURIWA Blasts EFCC, ICPC, NASS, Presidency Over “CRIMINAL SILENCE” …….AS “Billions Vanish Without Accountability”

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By George Mgbeleke

The Human Rights Writers Association of Nigeria (HURIWA) has expressed outrage, anger, and deep national embarrassment over the staggering failure of Nigeria’s anti-graft institutions and political leadership to act decisively on the monumental waste and alleged corruption surrounding the Nigerian National Petroleum Company Limited.

It is a massive national shame that despite over $2.4 billion reportedly sunk into the so-called Turnaround Maintenance of the Port Harcourt and Warri refineries, there is little to no tangible result to justify such colossal expenditure. Yet, those responsible walk free, uninvestigated, and unprosecuted.

In a statement signed by HURIWA’s National Coordinator Comrade Emmanuel Nnadozie Onwubiko, the group unequivocally condemned what it describes as the disgraceful inertia of the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices Commission (ICPC), which have failed woefully in their statutory duties to arrest, investigate, and prosecute those indicted in this apparent economic sabotage.

“Why are the officials responsible for this monumental waste not in jail?” HURIWA demands.

“What exactly are the EFCC and ICPC waiting for? Must Nigerians continue to tolerate impunity of this scale?”

Even more disturbing, HURIWA accuses the National Assembly of Nigeria of turning what should be a serious probe into a political charade designed to generate campaign slush funds rather than deliver justice.

“Otherwise, how do we explain the endless hearings without consequences? Why has no single high-profile conviction emerged from these investigations?” the group queried.

HURIWA did not spare the Presidency, holding Bola Ahmed Tinubu accountable for what it described as a “deafening silence and unacceptable inaction” in the face of what it called one of the most brazen financial scandals in Nigeria’s recent history.

“This administration cannot continue to look the other way while public wealth is looted in broad daylight. The President must act—decisively and immediately—or risk being seen as complicit,” the statement added.

The association warned that history would deliver a harsh verdict on all institutions and individuals who have failed to act.
“Posterity will judge this National Assembly harshly for what appears to be a dangerous connivance with corrupt elements within the NNPC to drain public resources meant for national development,” HURIWA declared.

HURIWA further described the latest move by the Nigerian National Petroleum Company Limited to enter yet another agreement with foreign partners as “a suspicious recycling of failed strategies,” insisting that without accountability, no reform can succeed.

The group, however, commended prominent industrialist Aliko Dangote for what it described as his courage in consistently speaking out against systemic corruption in the oil sector.
“At a time when many have chosen silence, Dangote has shown uncommon patriotism by drawing national attention to the rot in the system. His voice reflects the frustration of millions of Nigerians,” HURIWA noted.

HURIWA therefore demands:

Immediate arrest and prosecution of all officials linked to the failed refinery rehabilitation projects;

A transparent forensic audit of all funds spent on refinery maintenance;

Public disclosure of all contracts, contractors, and payment structures;

Immediate overhaul of anti-corruption agencies for failure to act;

An end to what it termed “legislative theatrics” in place of real accountability.

“Nigeria cannot continue like this. This culture of impunity must end. The looting of public wealth must stop. The time for action is now,” the statement concluded.

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