Business & Economy
NCDMB, Coppercrux, engage S/South youths on CNG Technologies, Opportunities in Value Chains
By David Owei,Bayelsa
The Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with Coppercrux Limited, on Monday in Port Harcourt flagged off a 5-day Awareness and Capacity Building Workshop for youths in the South-South region on compressed natural gas (CNG) technologies and the associated value chains.
Areas covered on Day 1 of the training programme include “Introduction to CNG and Energy Transition: Awareness, Importance and Benefits,” “Presidential CNG Initiative: An Overview,” and “Economic Opportunities for Youths in the Green Energy Sector,” with interactive sessions during intervals for questions and answers between participants and resource persons.
In a welcome address at the event, the Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, said the workshop was of strategic importance to the Board in the pursuit of its core mandate of capacity building and its implementation of the Presidential CNG Initiative, a critical component of Federal Government’s programme for energy security, job creation and environmental sustainability.
He charged the 50 participants in the workshop to take full advantage of the training, pointing out that CNG as a relatively new energy source in Nigeria has enormous opportunities that could significantly transform individual lives and usher in economic growth and industrialisation in the wider society.
The Executive Secretary, represented by Mr. Kingsley Neyin, a Deputy Manager in the Executive Secretary’s Office, who said that under the specialised training being provided, participants would understudy industry experts and have sufficient exposure to industry practices as would fit them for efficient operations in the oil and gas sector.
“Some will seek employment and others could take off as entrepreneurs,” he explained, while urging them to access the Nigeria Oil and Gas Industry Content Joint Qualification System (NOGIC JQS) to register whatever skills and capacities they have acquired as individuals or as companies.
In the first presentation of the workshop, Professor Aminu Bayawa Muhammad, of the Department of Energy and Applied Chemistry, Usmanu Danfodio University, Sokoto, examined different aspects of the topic, “Introduction to CNG and Energy Transition: Awareness, Importance and Benefits,” with special focus on the global energy challenge, CNG vs. LNG vs. LPG, energy transition, as well as benefits.
He noted that the world has continually transited from one source of energy to another, beginning from the earliest times, and that the conventional fuels of the present, notably, coal, petrol, and diesel, among others, have become increasingly harmful as a result of greenhouse emissions and the associated global warming. CNG, he explained, is a transition fuel as the push for cleaner energy progresses.
According to him, “The global shift from fossil-based systems of energy production and consumption to renewable energy sources of energy like solar and wind…is a journey, not an overnight switch.”
He listed benefits of CNG to include environmental sustainability, performance (given the high-octane rating of CNG, which enhances engine efficiency), safety in terms of the strength of CNG tanks, lower fuel and maintenance costs.
In conclusion, he stated that “CNG is a proven, safe, and readily available alternative fuel,” and that it plays a crucial role as a transition fuel.
In an overview of the Presidential CNG Initiative, Dr. Dagwon Y. Wang, an associate professor of Accounting and Public Finance at ANAN University, Kwali, Plateau State, said the Federal Government is deliberate in its CNG programme, seeking clean energy and reduced emission to support its climate goals.
Other key targets of Government include investments, job creation, and lower transportation costs. He said trainees would carry out part of their programme in conversion centres alongside other activities to enhance their understanding of the CNG value chains.
On economic opportunities for youths in the green energy subsector, a facilitator of the workshop, Mr. Adejo Joshua, pointed out that within the value chains are manufacturing (of CNG cylinders, components, kits, etc.), conversion (of vehicle engines), equipment supply, and servicing, among others.
At the macroeconomic level, he noted, the CNG Initiative would boost import substitution, infrastructure development, and innovation in transportation. According to him, entrepreneurial opportunities also abound in areas such as CNG retrofitting centres, eco-friendly product design, CNG sales and distribution, as well as Information Technology (IT) software.
In his conclusion, he stated that “green energy is more than just a climate solution; it’s a youth empowerment accelerator.”
In a vote of thanks, a participant, Mrs. Eniola Shittu, expressed profound appreciation to the NCDMB for the workshop which, according to her, “takes us through a world of possibilities.” She also thanked the facilitators and resource persons for the zeal they have demonstrated in the training.
The workshop continues at the La Trinite Event Hall, Eliozu, Port Harcourt, on Tuesday.
Business & Economy
Bayelsa Assembly Hopeful Unveils Blueprint On Human CapitL development
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”.
Business & Economy
Senate approves N2.285trn FCT 2026 Budget ……Allocates 76% to capital projects
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.
Business & Economy
NNPC SCANDAL: HURIWA Blasts EFCC, ICPC, NASS, Presidency Over “CRIMINAL SILENCE” …….AS “Billions Vanish Without Accountability”
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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