Business & Economy
NCDMB, Starzs Gas, Upbeat on Industrialization
By David Owei, Bayelsa
The Nigerian Content Development and Monitoring Board (NCDMB) and Starzs Gas Limited were upbeat about growth prospects of Nigeria’s gas subsector and the potential boost to industrialization as the groundbreaking ceremony for a Compressed Natural Gas (CNG) Mother Station got underway in Iwhreken, Ughelli South, Delta State, recently.
Speaking at the event, the Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, represented by the General Manager, Corporate Communications and Zonal Coordination, Barr. Esueme Dan Kikile, commended Starzs Investments Company Limited, parent company of Starzs Gas, for pushing industry boundaries with its expansion into the gas subsector.
Engr. Ogbe described Starzs Gas Limited, whose offerings cut across natural gas compression, CNG fueling and refueling stations, conversion workshops and training centres, motorised CNG tube skids for sale and distribution, as well as engineering, construction and procurement solutions, as a veritable vehicle “to drive industrialisation and expand Nigeria’s economy.”
He was particularly elated that the multimillion-dollar Integrated CNG Project, which is slated for commissioning in the first quarter of 2026, has come at a time that the Federal Government’s Decade of Gas programme is going full steam, with the NCDMB itself acting as an enabler to numerous gas development and utilisation projects across the country.
On the Board’s performance in implementation of its core mandate, the Executive Secretary disclosed that local content hit 56 per cent in the last quarter of 2023, up from five per cent in 2010, when the Nigerian Oil and Gas Industry Content Development (NOGICD) Act came into force, noting that more and more Nigerian assets and resources are being utilised in oil and gas operations in the country.
Engr. Ogbe urged the host community, Iwhrekan, to cooperate with Starzs Gas Limited so as to enjoy maximum benefits and also facilitate unhampered production activities at the company. He said he was encouraged by the enthusiasm of the House of Representatives member for Ughelli North, Ughelli South, Udu Federal Constituency, Hon. Francis Waive, who was present at the ceremony, which could facilitate NCDMB’s sustainability programme for protection and security of the company’s facilities.
The Chairman and Chief Executive Officer of Starzs Investments Company Limited, Mr. Greg Ogbeifun, said the establishment of Starzs Gas Limited signalled “a generational shift,” as the Starzs Group, a conglomerate with such leading companies as Starzs Marine and Engineering Services Limited, Starzs Shipyard Limited, and Starzs Investments Company Limited, had for decades focused largely on the maritime industry.
He said Starzs Gas Limited was the culmination of unrelenting pressure by his daughter, Miss Iroghama Ogbeifun, that the global clamour for elimination of gas flaring and reduced carbon footprint, which form the basis of President Bola Tinubu’s initiatives on gas utilisation, be considered as a challenge to entrepreneurship.
According to him, he yielded and provided the necessary material support for the new company, whose focus is on gas for industrial applications, gas-to-power, and gas as auto fuel. The company is also engaged in engineering, procurement and construction (EPC) projects within the gas subsector.
The Starzs Group Chairman announced the immediate promotion of Miss Iroghama Ogbeifun to the position of Vice Chairman of the conglomerate in appreciation of her exceptional capabilities in visioning and implementing the blueprint for the new business organisation and her energy and drive.
Earlier in a Welcome Address, Miss Ogbeifun, Managing Director of Starzs Gas, expressed profound gratitude to guests among whom were top executives of the Nigerian National Petroleum Company Limited (NNPCL) and its subsidiaries, Chief Executive Officer, ND Western, Engr. Olanrewaju Kalejaiye, represented by the company’s Commercial Manager, Engr. Sunday Okunbor, Rt. Rev. Feb Idahosa, Hon. Waive, of the House of Representatives, the Council of Chiefs of the community, and President of the Nigerian Gas Association, Engr. Aka Nwokedi.
She said the event of Thursday was “Not just groundbreaking…but setting the stage for cleaner energy and development for the host community,” pointing out that the NNPCL Gas Marketing Limited (NGML) has 15 per cent equity in the project, and that her company would leverage the partnership and expertise of the NNPCL.
“We are embarking on a journey that will drive industrial development,” Miss Ogbeifun assured the audience, adding that the Integrated Gas Project would significantly facilitate attainment of objectives in Federal Government’s Decade of Gas programme.
In a good;will message, Hon. Francis Waive said Thursday (day of the groundbreaking ceremony) was a very important day for him, adding, “This is my place, my community, my constituency.” He told the community, “Let us work with Starzs to achieve success,” noting that development was coming to them if the people would refrain from disruptive activities.
The Chief Executive Officer of ND Western, Engr. Kalejaiye, expressed happiness at the initiative of the Starzs Group, pointing out that “Gas is not just fuel but an enabler of economic prosperity.”
He described the project as most valuable as it broadens the country’s energy mix, while calling for collaboration between policymakers, producers and other key stakeholders.
The President, Nigerian Gas Association, Engr. Nwokedi, said the project being undertaken would reduce carbon footprint and bring about other economic benefits. He commended the partnership between the NNPCL Gas Marketing Limited and Starzs Gas as well as the focus and tenacity of the Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, for developments in the subsector.
In a related goodwill message, the Managing Director of NNPC Gas Marketing Limited, His Royal Highness Justin Ezeala, described the Integrated Gas Project as a timely response to the Federal Government’s charge to the private sector to invest in gas infrastructure to promote resource development and utilisation.
HRH Ezeala, who spoke as representative of the Minister of State for Petroleum (Gas), Rt. Hon. Ekpo, and Group Chief Executive Officer of NNPCL, Mallam Mele Kolo Kyari, said the Federal Government “believes in the vision of Starzs” and that “It is reassuring that the National Assembly is making the right laws and Government is making the right policies.”
Starzs Gas Limited is building a CNG Compression Station adjacent to the gigantic NAZ 3 Gas Plant at Utorogu, Delta State. The Compression Station, by design, has an initial capacity of two million standard cubic feet per day (mmscfd), which is scalable to five mmscfd within 18 months. It is envisaged to expand from CNG to domestic LNG production.
Business & Economy
Insecurity: CSO urges Govt, Stakeholders to provide needed help to PWDS
By Joshua Kingsley Kenneth
For over two months Nigerians have been awashed with the threat by the United States President, Donald Trump, to send in troops into Nigeria, to identify and eliminate terrorists and so-called bandits killing citizens and sacking communities.
The statistics have dwelt largely on the gruesome killings of unarmed and innocent Nigerians in different parts of the country- from Benue to Taraba, Borno to Kogi States, just to list a few.
Not long ago the country again woke to a stark reminder of the abduction of school with 300 kidnapped from a Catholic school in Niger State, and another 24 taken hostage from Government Girls Comprehensive secondary school in Maga in Kebbi state.
Added to this horrendous list of insecurities and woes are the killings and abductions in Kwara State, and the general air of danger and fear that has gripped the country resulting in unquantifiable economic losses and a credibility crisis on the part of the federal government.
It therefore did not come as a surprise to many, especially victims of these dastardly attacks, when the United States through the activism of some of its lawmakers inspired President Trump to move against Nigeria, especially seeing that the federal government had failed in its primary responsibility of protecting lives and properties of citizens.
Whilst JOSHUA K B DISABILITIES RIGHTS AND SUPPORT INITIATIVES, a non-governmental organization committed to promoting the rights, welfare and wellbeing of Persons With Disabilities (PWDs) in the country joins the millions of well meaning and right thinking Nigerians and the international community in condemning the heinous and barbaric acts of killings, abductions and the insecurity engendered by terrorists, bandits, non-state actors, other criminals, their financiers and supporters whoever and wherever they may be, we call for urgent attention to Persons who may have been disabled by this phenomenon.
We call on the federal government, especially the Ministry of Humanitarian Affairs, National Emergency Management Agency, state governments, the armed forces and other intervention partners to urgently identify victim-PWDs from these crises and provide such interventions that would help them integrate into the economic and political lives of their immediate communities and the country at large.
We are convinced that such quick interventions would prevent a stage two crisis such as depression, low self esteem, poverty, and a host of other debilitating post crisis trauma that would further deteriorate their situations.
We also call on military authorities to provide meaningful economic, social, material and other forms of assistance and interventions to service men who are now members of the PWDs community following their sacrifices on the line of duty.
As an organisation focused on advancing the course of PWDs, JOSHUA K B DISABILITIES RIGHTS AND SUPPORT INITIATIVES uses this opportunity to sensitise relevant authorities, CSOs and other stakeholders that the various violent armed conflicts and attacks in the country has caused physical harms, leading to new disabilities or worsening existing conditions.
It has caused families to flee homes, lose livelihoods and resources, forced many, especially old and PWDs, into begging and extreme hardship.
JOSHUA K B DISABILITIES RIGHTS AND SUPPORT INITIATIVES also calls the attention of stakeholders to the struggle PWDs to escape danger due to inaccessible environments, making them targets for abuse, neglect, and exploitation during crises.
Systems and measures must be put in place to pull PWDs from severe neglect, discrimination, and lack of basic needs like food and healthcare which they face in camps and displaced.
Business & Economy
FG , NSITF , others throw weight behind Social Security Bill …As Senate assures stakeholders of acceptable law
By Our Correspondent
The Federal Government and the Nigeria Social Insurance Trust Fund ( NSITF) Monday threw weights behind bill on Social Security Trust Fund which seeks to harmonize the existing NSITF Act and the Employees’ Compensation Act (ECA) 2010 for better service delivery.
This is as the Senate through its committee on Employment , Labour and Productivity , assured all stakeholders at public hearing organised for their inputs into the proposed legislation , very acceptable law for all .
The bill sponsored by Senator Cyril Fasuyi ( Ekiti North) , primarily seeks to expand the scope of NSITF into social security through harmonization of NSITF Act of 1993 and the Employees Compensation Act 2010 which will transformed NSITF to Nigeria Social Security Trust Fund ( NSSTF).
In his presentation at the public hearing , the Managing Director and Chief Executive Officer of NSITF , Mr Oluwaseun Faleye, commended the Senate for what he termed a “strategic and forward-looking legislative intervention.
The new bill according to him, marks a decisive step towards modernising Nigeria’s social security framework in line with global standards, especially the International Labour Organisation (ILO) Social Security (Minimum Standards) Convention, 1952 (No. 102), and the Tripartite Consultation Convention, 1976 (No. 144).
One of the most significant elements of the Bill, according to him, is the repeal of both the NSITF Act of 1993 and the ECA 2010.
Their co-existence, he explained, had resulted in operational ambiguities, particularly after the Pension Reform Act (PRA) 2014 transferred contributory pension functions from NSITF to the National Pension Commission.
“The consolidation of the two Acts into a single, coherent statute is timely, necessary, and commendable. It eliminates duplication, resolves conflicts, and strengthens the legal framework of the Fund.
“The Bill’s expansion of social security coverage to include informal sector workers and self-employed persons is a historic step towards inclusive protection for all categories of working Nigerians”, he said .
Despite its broad support for the Bill, the NSITF raised concerns about what it described as the “misapplication” of the term Board throughout the document. Faleye warned that using the word to refer simultaneously to governance, oversight, and day-to-day administrative functions could create confusion and weaken accountability.
“The Board meets quarterly, while daily operations are under the Managing Director. The Bill must distinguish clearly between the Governing Board as oversight body, Management as administrators, and the Agency as the implementing institution,” he said.
He recommended that the Bill adopt clearer definitions similar to those used in the Federal Inland Revenue Service (FIRS) Act, where the Board’s role is separated from that of the Executive Chairman, who functions as the Chief Executive and Accounting Officer.
Faleye concluded by reaffirming NSITF’s full support for the passage of the Bill, describing it as “progressive, timely, and aligned with global best practices.”
In his remarks , the Minister of Labour and Employment, Alhaji Muhammadu Maigari Dingyadi described the move by the Senate on the proposed law as very beautiful idea .
He however urged the Senate through its committee on Labour to arrive at safe and acceptable position for all stakeholders by striking the required balance between powers of management team and that of the board .
Though the Nigeria Labour Congress ( NLC) and Nigerian Employers Consultative Association ( NECA ) , kicked against the bill, but NLC led by its National President, Joe Ajaero , later succumbed, saying ” we are not here for we no go gree, we no gree .. ”
” Since many of the other critical stakeholders have supported the bill, NLC is not hellbent in opposing it . But the grey areas we identified during presentation , should be addresed by the committee .
After exhaustive deliberation at the public hearing , the Committee , Chairman , Senator Diket Plang ( Plateau Central ) , assured Nigerians of very acceptable law on social security trust fund very soon .
Business & Economy
Electric Buses To Crash Cost Of Transportation In Abia,says Gov. Otti
By Our Correspondent
Disturbed the increasing cost of livelihoods suffered by Nigerians as a result of subsidy withdrawal by the federal government, Abia State Governor Dr Alex Otti has assured Abians and the residents of Abia that the electric buses which the State Government is bringing into the State will further crash the cost of transportation in the State.
Governor Otti who made the declaration at the November edition of Governor’s Media chat held in Government Umuahia, said electric buses have already started arriving in the State,adding that before the end of the year, the buses would be put on the road for peoples’ use.
He explained that the buses will reduce the cost of transportation,thereby easing means of transportation as well as making life easier for Abians
“Before the end of the year,our electric buses that have started arriving,will be put on the road and that will further crash the cost of transportation in Abia”
The Governor further explained that the Government has also intensified effort on revenue drive, especially those who are owing the government, to ensure that they pay.
” As a government we do not look at faces. As a rule we do not move with touts.As a government sometimes we may intervene and even when we intervene,the defaulters must surely pay”
Governor Otti, expressed appreciation to the people of Abia for their continued support and cooperation,adding that government has continue to pay attention to governance and the government efforts have started yielding positive results.
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