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Tinubu’s new tax break sparks a $50 billion offshore rush

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President Bola Ahmed Tinubu

By Our Correspondent

In abid to enhance the nation’s revenue earnings,President Bola Tinubu just signed the Deep Offshore Oil and Gas Project Incentives (Tax Remission) Executive Order 2026, and it’s designed to do two big things at once: pull in up to $50 billion in fresh capital and add roughly one million barrels per day of crude and condensate from Nigeria’s deepwater fields.

Speaking Tuesday on NTA with Cyril Stober, Engineer Enorense Amadasu, Executive Commissioner for Development and Production at the Nigerian Upstream Petroleum Regulatory Commission, represented the Commission Chief Executive.

Amadasu said the order sets up a clear, rules-based investment structure built for the next wave of deep offshore projects. The goal is to cut red tape so international oil companies can move from plan to payout faster.

Right now Nigeria produces about 1.7 million barrels per day of crude and condensate. Deep offshore still plays a smaller role: around 24% of total oil output and 19% of gas.

Amadasu credited the President for steering the sector forward.
“We are on the right path all thanks to Mr. President. It will be a huge leap. As of today, we have mined over 4.6 billion barrels from deep offshore assets. In cargo terms that is over 5,000 tankers,” he said. He added that the new framework now opens more room for growth in deepwater.

The volumes won’t appear from nowhere. Nine projects already have Field Development Plans worth billions approved by NUPRC. The next milestone is Final Investment Decision, and the EO is meant to speed that up.

“So, where will these volumes be coming from? Nine of these projects have approved FDPs so the next step expected is the FID in the near to midterm. The $10bn Bonga South will come in 2027 and within the next four to five years, we are expecting almost an additional one million barrels additional per day,” Amadasu stated.

The order isn’t just about wells. Amadasu pointed to the wider marine economy. To handle the coming surge, Nigeria will need to expand its logistics and marine base to support deepwater operations.

The broader ambition: position Nigeria as the go-to regional center for deep offshore projects in West Africa.

According to the Executive Commissioner, the incentives also deliver: Bigger reserves;:more oil and gas booked for the future,Technology and skills transfer, new expertise coming into local teams .New jobs, employment across drilling, services, and support industries.

In a statement issued by Head, Media and Corporate Comm, Eniola Akinkuotu the 2026 EO ties tax relief to tangible output, with $50bn in investment, 1 million bpd more production, nine shovel-ready projects, and a push to make Nigeria’s deepwater the hub for the region

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Renowned VOA Journalist Madina Nadabo Joins ABER as Director of Communications and Public Affairs

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Hajiya Madina Dauda Nadabo

By David Owei

Port Harcourt, Nigeria – The Board of Trustees of the BRACED Tourism Promotion & Development Initiative (BTPDI), sponsors of the Africa Blue Economy Roundtable (ABER) has announced the appointment of veteran journalist Hajiya Madina Dauda Nadabo as Director of Communications and Public Affairs.

Hajiya Nadabo brings over four decades of distinguished experience in journalism, public communication, and international broadcasting. She currently serves as Bureau Coordinator and Programme Officer for the Voice of America (VOA) in Nigeria, a role she has held since 1998 across the English and Hausa services.

Announcing the appointment in Port Harcourt, Rivers State on Tuesday, Convener/CEO of ABER and Chairman of the BTPDI Board of Trustees, Dr. Piriye Kiyaramo, said it was in recognition of her stellar professional record, global exposure, credibility, and extensive network – assets that will significantly advance ABER’s mission to empower women in Africa’s Blue Economy.

In her new role, Hajiya Nadabo will provide strategic leadership for ABER’s communications architecture. Her mandate includes developing the Roundtable’s communication strategy and brand identity; serving as official spokesperson and managing all press releases and public statements; leading engagement with national, regional, and international media; and overseeing ABER’s digital platforms.

She will also drive high-level stakeholder engagement with the Presidency, the Federal Ministry of Marine and Blue Economy, NIMASA, the Nigerian Navy, State Governments, diplomatic missions, and development partners, while coordinating internal communications, publications, and publicity for all ABER programmes and roundtables. The appointment takes immediate effect.

About ABER
The Africa Blue Economy Roundtable is a continental blue networking platform dedicated to promoting sustainable blue economy development and women’s leadership across Africa’s maritime, fisheries, aquaculture, tourism, and marine ecosystem sectors.

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Gov Otti Charges1086 Graduands of Abia State Leadership Academy To Embrace Execellence , Innovation, Hardwork

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Abia State Governor Alex Otti in a handshake with 2026 Abia State Leadership Academy Youth Leadership

By Our Correspondent

In a bid inspire jobless youths to join hands in the creation of new Abia state project, Abia State Governor, Dr. Alex Otti, has charged youths to embrace selfless service, innovation and excellence, and to become active drivers of the New Abia project.

The Governor gave the charge on Saturday, August 29, 2026, while speaking at the graduation ceremony of the 2026 Abia State Leadership Academy Youth Leadership Boot Camp,held at International Conference Centre Umuahia organised by the Abia State Leadership Academy in collaboration with the Enterprise Development Centre of Pan-Atlantic University, Lagos.

Governor Otti, whose speech was titled “The Leadership Vocation,” congratulated the 1,086 graduates of the Abia State Leadership Academy Boot Camp.

Gov. Otti reminded them that they were not returning home as ordinary citizens, and invited them to become active participants in the New Abia. He commended the quality of training delivered, noting that the programme was designed to inspire participants to pursue meaningful impact.

“The process was as seamless as it was transparent, and today, we can see evidence that, in line with our philosophy of merit, only the best performers were chosen to be part of this class,” the Governor said.

Governor Otti commended the President of the Academy, Professor Kenneth Kalu, and his team for their dedication, as well as the Enterprise Development Centre of Pan-Atlantic University, led by its Director, Dr. Nneka Okekaru, for their commitment to the successful delivery of the four-week programme.

The State Chief Executive also appreciated the Nigerian Council of Registered Insurance Brokers, the management of Government College Umuahia, and the Nigerian Naval College of Accounts and Finance for their partnership and support. He thanked parents for entrusting their children to the government for the programme.

The Governor noted that about 10 percent of the participants were young people of Abia origin living in different parts of the country, describing this as evidence that the administration’s inclusive policy of identifying anyone who lives in Abia as an Abian is yielding results.

The Governor particularly acknowledged one of the outstanding participants, Ms. Rosely Farida Abdusalam, who lives in Aba with her parents, saying her success demonstrated that the policy of “if you live in Abia, you are from Abia” is working.

Addressing the graduating class, Governor Otti urged them to understand that their graduation marks the beginning of a greater responsibility, rather than the end of their leadership journey.

“You are not going home as regular people anymore. You now belong to a special community of young minds with a responsibility to act with distinction and carry the light of excellence into your communities, schools, and wherever the future takes you,” Gov. Otti said.

Gov. Otti charged them to establish mentoring clusters, share the knowledge acquired at the academy, and mobilise their peers to become active partners in building the New Abia.

The Governor described the New Abia project as a transgenerational journey requiring patience, resilience, teamwork and commitment, and urged the graduates not to remain passive citizens.

The Governor stated that they would, in the future, occupy positions of influence and must therefore begin now to bridge the gap between the aspirations of the State’s founding generation and present realities.

“After your stay at the academy, you can no longer be passive citizens. You are invited to remove the cloak of lethargy and embrace without hesitation the responsibility of selfless service,” The Governor charged.

Governor Otti assured the graduates that the State Government would continue to support and monitor their growth, and directed the Academy to maintain a directory of participants and track their progress.

Gov. Otti expressed particular interest in seeing the ideas developed during their capstone presentations translated into practical solutions. “We are far more interested in seeing them come to fruition,” the Governor said. He described the graduates as “bearers of solutions, drivers of innovation, and agents of transformation,” and encouraged them to approach the government whenever they require assistance to actualise their ventures.

The Governor urged the graduates to remain steadfast in the face of opposition and challenges, stressing that their choices would determine the kind of future they help to build. “It is either you are voting for a prosperous future through your daily choices or you are undermining it by refusing to stand for your conviction,”

The Governor expressed confidence in the young leaders and called on them to make a difference in their communities, adding that their achievements would be the best way to justify the confidence reposed in them by the State.

Governor Otti also thanked the graduates for being good ambassadors of Abia State and their families, and directed the Academy to sustain the leadership development programme.

Speaking, the Chairman of the Abia State Civil Service Commission, Pastor Dr. Eno Jerry Eze said the Abia State Leadership Academy graduated 1,086 young people from its 2026 Youth Leadership Boot Camp, with a charge to become transformational leaders, innovators and change makers who will contribute meaningfully to the development of the State and the nation.

She noted that the 1,086 graduates were selected from more than 7,000 applicants, describing their selection as a testament to their potential and commitment to leadership.

According to her, the theme of the 2026 boot camp, “Raising Transformational Leaders, Innovators and Change-Makers,” reflects the vision of the Abia State Government under Governor Alex Otti to invest not only in physical infrastructure but also in the State’s most important asset – its young people.

“Under the leadership of His Excellency, Dr. Alex Otti, OFR, we are investing not just in roads, schools, climate-friendly transportation, agriculture, small and medium-sized enterprises and hospitals. We are also investing in our greatest assets, our young people,” she stated.

She explained that the theme was a call to participants to lead with integrity in their schools and communities, think creatively, develop solutions to problems around them, and take responsibility rather than waiting for others to act.

She said faculty members went beyond conventional lectures by exposing participants to real-life scenarios and encouraging them to think critically, understand the peculiarities of different situations, appreciate diverse perspectives and develop practical solutions.

“Through these sessions, you gained new perspectives on problem-solving techniques, learned to think more deeply, understand the peculiarities of each situation, and listened to different views across the table,” she stated.

She expressed appreciation to Governor Alex Otti for his commitment to empowering young people and commended the Abia State Leadership Academy for delivering what she described as a world-class programme.

Earlier, the Abia State Leadership Academy President, Prof. Kenneth Kalu, commended Governor Alex C. Otti for establishing the institution as a deliberate investment in the future of Abia State.

Prof. Kalu said the Academy was established because Governor Otti dared to ask a fundamental question: what if government invested not only in what Abia has today, but also in who Abia will become tomorrow.

According to him, the Governor could have chosen to concentrate exclusively on visible infrastructure such as roads, buildings and hospitals, which generate immediate public appreciation, but instead decided to invest in something that cannot be photographed – the minds, character and civic consciousness of young Abians.

“Roads, buildings and other structures are important, and Your Excellency is already doing a lot in those sectors. But a generation shaped by values, a generation taught to live with integrity, serve with compassion and build with purpose, that generation will outlast every structure one can ever erect,” he said.

The Academy President, on behalf of the faculty, staff and students, thanked the Governor for his support and vision, describing the establishment of the Academy as an investment whose impact would extend across generations.

“Thank you for planting a forest of leadership whose shade will shelter Abia for generations. History will remember this day that you came, you saw and you changed humanity for good,” he said.

Prof. Kalu urged the graduates to return to their communities and make a difference, stressing that they should take the values acquired during the programme into their schools, families and wider communities.

“Go back to your communities and lead. Go back to your schools and solve. Go back to your families and model the values you have learned during your time at the Academy,” he charged.

He further encouraged the young leaders to remain steadfast in the face of pressure and temptation, urging them to remember the values of the Academy whenever they were confronted with situations that could compromise their integrity.

“When you are tempted to compromise, as you will be tempted, please remember this day. When the path of integrity feels lonely, please remember the Academy,” he said.

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IGP Condenms Abduction of 600 Worshipper at Juma’at Mosque …Charges Police to remain vigilant,proactive, professionally committed in the discharge of their duties

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IGP Olatunji Disu (right)I GP Niger state Abdullahi Adamu Elleman(left)

By Uthman Baba -Naseer,Minna

The Inspector General Of Police,IGP Rilwan Olatunji Disu, has condemned in the strongest terms the abduction of over six hundred worshipers at Juma’at Mosque in Dekera village of Borgu Local Government Area of Niger State.

The IGP described the incident as painful,unfortunate, and heartlss.

He said the abduction of the worshipers as carried out by the armed men,is the highest level of ungodly as displayed by the armed bandits..

Addressing officers and men of the Niger State Police Command during his one day official working visit to the Command at the Police headquarters in Minna at the Weekend, IGP Olatunji Disu, noted that the armed men have taken their operational activities too far.

He noted that the kidnapping of the worshipers on the 24th, of August 2026, in Dekera village, is a very serious incident that concerned every Nigerians and the country as a whole.

“ I sincerely condemned these attacks in the strongest possible terms. I equally condemned the continued damaging of innocent citizens by these criminal elements whose activities threatened the peace and economic wellbeing and social stability of our communities” he declared.

IGP Olatunji Disu noted further that the activities of the armed bandits on rural communities whose source of lively hoods is farming is being threatened as a result of unwholesome activities of these criminal elements.

“ Wherever they are,we want them to know that what they are doing is wrong. They are targeting innocent citizens,and this is affecting the economic situation of the state, even the country in general” he added.

The IGP,explained that his visit was aimed at strengthening the ongoing efforts to rescue the abducted worshipers while identifying practical measures to address the operational challenges confronting security in the state.

He disclosed that the Police had already deployed tactical and counter-terrorism teams, and the special intervention squad and Explosive Ordinance Personnel (EOD),as part of efforts to rescue the victims in the affected Communities.

He charged officers and men of the Niger State Command to remain vigilant,proactive and professionally committed in the discharge of their duties.

The Police Chief,further urged men and officers of the Command to strengthen Community engagement and intelligence gathering mechanism,stressing the need for credible information capable of preventing attacks to be transmitted promptly to the appropriate operational authorities.

Speaking on the proposed establishment of State Police IGP Rilwan Disu,assured men and officers of the Command,that the establishment of the state Police would not in any way disrupt on-going security operations “ but it could strengthen the capacity and efficiency of security personnel in the discharge of their responsibilities.

Maintaining that the Nigeria Police Force remains the primary Policing institution in the country, with a critical responsibility for the maintenance of internal security.

While acknowledging the sacrifices of Police officers,IGP Disu noted their courage,resilience and commitment to duty remain essential to the collective efforts to secure Niger State and the country.

Speaking earlier, the Commissioner of Police in Niger State,CP Abdullahi Adamu Elleman, appreciated the laudable support received from the IGP since the abduction and the attacks on the Worshipers.

He described Niger State as the largest state with land mass in the country which he said as a result of the landmass it posed a serious challenge to effectively policing the state.

He disclosed that the three Senatorial zones in the state are facing peculiar security challenges which he attributed to the state bordering some neighbouring states which include Zamfara,Kebbi,Kwara,Kogi and FCT.

CP Adamu Elleman commended the IGP for deploying the Assistant Inspector General Of Police in-Charge of Zone 7 AIG Victor Olaiya as a result of the abduction of the Worshipers,stating that his presence in the state,has boosted the morale of the personnel already on the rescue of the victims.

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