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
Hajj: CSO urges enlightenment for Nigerian pilgrims on currency denominations

By Abdul-Ganiyy Akanbi,Abuja
A faith-based registered Civil Society Organization, CSO, that reports and advocates for workable Hajj policies, the Independent Hajj Reporters, IHR, has called on the States’ Muslim Pilgrims Welfare Boards, SMPWBs to conduct a special enlightenment programme to intending pilgrims on Saudi Arabian currency denominations.
The group, in a statement signed and released on Friday by its national coordinator Ibrahim Muhammad, said: “Now that the Central Bank of Nigeria, CBN has approved the payment of 2025 Hajj BTA via cash payment in US dollars, we call on States Muslim Pilgrims Welfare Boards, agencies and Commission to organize a special enlightenment program to educate Nigerian pilgrims on currency denominations especially on the exchange rates between US dollars and Saudi Riyals.”
It added: “Most of the Nigerian pilgrims are not conversant with foreign currencies especially US dollars and Saudi Riyals, and can hardly identify the value of each denomination unless they are guided during hajj, where hundreds of thousands of pilgrims engage in financial transactions.
“Given the above, Nigerian pilgrims should also be shown the Saudi Riyals currency denomination so that they can be able to identify such whenever they need to change US dollars to Saudi Riyals or make a purchase using either of the two currency denominations.
“This call is important due to past experiences where some dubious Saudi-based individuals shortchanged our dear pilgrims whenever they make purchases or try to convert their BTA to US dollars.”
IHR warned that Nigerian female pilgrims who patronize unregulated dental services to change their teeth as soon as they arrive in Madinah are more vulnerable to being shortchanged.
The group also pleaded with airlines to use the onboard educational system to educate pilgrims on the same subject as a way of corporate social responsibility to help mitigate the risks of financial losses on the part of intending pilgrims.
“Understanding denomination in today’s currency circulation is crucial as it serves as the foundation of all monetary transactions worldwide. It will enable pilgrims to comprehend the value of their BTA.
“According to the Central Bank of Saudi Arabia, SAMA, the most-exchanged foreign currencies during Hajj are the US dollar, the euro, the Singapore dollar, the Indian rupee, the Indonesian rupiah, the Emirati dirham and the Malaysian ringgi,” IHR stated.
Business & Economy
BOSG. trains 150 Almajirai in vocational skills


Recipients at the Almajirai Vocational center in Borno state
Business & Economy
$530million Agro project: North East Caucus in NASS kicks against exclusion of zone …calls for immediate inclusion

By George Mgbeleke
The North East Caucus in the National Assembly on Thursday in Abuja , kicked against exclusion of the zone from the $530million Special Agro – Industrial Processing Zones ( SAPZ), being implemented by the Federal Government of Nigeria .
The Caucus which comprises the entire Senators and Honourable members of the House of Representatives from the Six States in the zone , declared that it was unacceptable to them that none of the states , is included and accordingly requested for inclusion by President Bola Tinubu .
Rising from an emergency meeting at the Senate wing of the National Assembly which lasted for about two hours , the caucus through its Chairman , Senator Muhammad Danjuma Goje , lamented that despite the North East been the first in Livestock and Agriculture generally in the country , none of its six states , is picked among the eight states in the country where the special project is being implemented .
Goje at the press briefing said : ” The emergency meeting held today by all the federal lawmakers from the North East geo – political Zone comprising Adamawa , Bauchi, Borno , Gombe, Taraba and Yobe States was convened sequel to the exclusion of our zone from the all-important programme of the Federal Government, the Special Agro-Industrial Processing Zones (SAPZ), despite the enormous potential of our zone in all spheres of agriculture and livestock of the Federal Republic of Nigeria.
“In view of the seriousness of this matter, the members of our caucus, even though the parliament is on recess, cut short their holidays to attend this meeting and express our reservations about our region’s exclusion from the programme.
“For a start, $530 million is to be provided by the Federal Government, the African Development Bank (AfDB), the Islamic Development Bank (IsDB), and the International Fund for Agricultural Development (IFAD) for the SAPZ programme.
On Tuesday, April 8, 2025, His Excellency, the Vice President, Kashim Shettima, GCON, in Kaduna State, flagged off the construction of Phase 1 of the SAPZ as part of the present administration’s plan to industrialise Nigeria’s agricultural sector and create sustainable jobs.
Seven states and the Federal Capital Territory (FCT) have been selected for the programme. The North West and South West have two processing zones each – Kaduna, Kano, Ogun, and Oyo states. The South South, South East and North Central have one processing zone each.
“Despite its enormous agricultural potential, the North East is conspicuously missing from the list of states allocated the processing zones.
” SAPZs aim to transform Nigeria’s agriculture landscape through innovation, private-sector investments, and strategic public partnerships.
The zones are designed to create agro-industrial hubs that integrate farmers with processors, reduce post-harvest losses and expand rural economic opportunities.
“Geographically, the North East is the largest geopolitical zone in the nation, covering nearly one-third of Nigeria’s total area of 272,451 km2 (105,194sq mi). Our potential in all aspects of the agricultural sector cannot be overemphasised.
“At the end of the meeting, we resolved as follows: (i) Lament the exclusion of the North East Geopolitical Zone from the processing zones despite its enormous agricultural potential cutting across all sector value chains.
(ii) Appeal for the immediate inclusion of the North East Geo-political Zone in the Special Agro-Industrial Processing Zones (SAPZ). This is not only for fairness and inclusivity but for the actualisation of the lofty ideals of the present administration to industrialise Nigeria’s agricultural sector and create sustainable jobs in the country.
(iii)Commend the President and Commander-In-Chief of the Armed Forces of the Federal Republic of Nigeria, His Excellency Bola Ahmed Tinubu, GCFR, for making this programme a reality.
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