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At COP28 in Dubai, NNPC Ltd. Seals LNG Deals for Domestic, International Market

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Managing Director, NNPC Trading Ltd., Mr. Lawal Sade (seated from right) and Mr. Abhinav Modi, Managing Director of SDP Services Ltd, signing an agreement for the Supply, Installation and Commissioning of a Small-Scale LNG (SSLNG) Project in Ajaokuta, Kogi State, on the sidelines of the on-going United Nation’s Climate Change Conference (also known as COP28), in Dubai, UAE, on Wednesday.

 

In its efforts to further boost natural gas utilization in the country and enhance Nigeria’s gas revenue, NNPC Ltd. has signed two major agreements to deliver LNG to the domestic gas market and the international LNG market.

During two separate signing ceremonies held on the sidelines of the on-going United Nation’s Climate Change Conference (also known as COP28), NNPC Ltd. signed an MoU with Wison Heavy Industry Co. Ltd, a Chinese company, for the development of floating LNG project in Nigeria, targeting the international LNG market.

Also, NNPC Prime LNG Ltd., an arm of NNPC Trading Ltd., signed a Supply, Installation and Commissioning Agreement with SDP Services, an independent oil and gas company, for a 421 tonnes per day LNG project targeting the domestic LNG market.
The Floating LNG MoU was signed by the Executive Vice President, Gas, Power & New Energy, Olalekan Ogunleye on behalf of NNPC Ltd and Mr. Kai Xu, Managing Director of Wison Ltd, on behalf of his company. Both parties agreed to work together to chart a roadmap for the project development that will lead to an investment decision.

APC Legal Team Condemns Unguarded Utterances of NNPP Lawyers

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Similarly, the Small-Scale LNG (SSLNG) Project agreement was signed by the Managing Director, NNPC Trading Ltd., Mr. Lawal Sade, on behalf of NNPC Prime LNG Ltd. while Mr. Abhinav Modi, Managing Director of SDP Services Ltd., signed on behalf of his company.

The SSLNG Project, which will be located at Ajaokuta in Kogi State, Central Nigeria, will ensure the efficient supply of LNG to the Autogas/Compressed Natural Gas (CNG) and industrial/commercial customers nationwide. The LNG Project is expected to be operational by December 2024.

Speaking shortly after the signing ceremony, the EVP Gas, Power & New Energy, Mr. Olalekan Ogunleye said NNPC Ltd. is committed to delivering gas to industries nationwide and accelerating the Company’s gas commercialisation efforts through the floating LNG Project.

“We see both projects as having enormous impact all over the country because they are central to the commercialisation of Nigeria’s abundant gas resources and ensuring that our country earns the much-needed foreign revenue from its abundant gas assets. It is also consistent with NNPC Management’s drive to deliver on Mr. President’s gas and power aspirations across the country,” Ogunleye stated.

Also, in his address after the signing, the MD NNPC Trading Ltd., Mr. Lawal Sade said the SSLNG Project will boost the domestication of LNG utilisation by supporting the growth of auto-gas initiatives across the country.

“We are looking at a timeframe of 12 months from execution to the commissioning of the project. The project will deliver about 420 tonnes per day of LNG per day into the domestic market, which will enhance efficient delivery of gas to the auto-gas/CNG and industrial customers in line with Presidential mandate,” Sade added.

In a statement signed by Olufemi Soneye Chief corporate communications officer NNPC Ltd While expressing their delight at signing the agreements, the partners pledged to work with NNPC Ltd. to deliver the projects within schedule and in the most cost-effective manner.

 

 

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FRAMAZAZ Foundation, Brigade Zumunci Train 50 Youths in Digital Entrepreneurship

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Fifty youths have been trained in digital entrepreneurship and basic business skills as part of an initiative aimed at equipping young people with practical knowledge to establish and manage small-scale businesses.

The training, organised through a partnership between FARAMAZA Foundation and Brigade Zumunci Association, focused on developing the participants’ understanding of entrepreneurship, digital opportunities and basic business management.

The organisers said the programme was designed to provide participants with practical knowledge that could enable them to become more economically productive and pursue sustainable sources of livelihood.

At the end of the training, all 50 participants were presented with certificates of participation in recognition of their completion of the programme.

Speaking as chairperson of the event, Ambassador Nana Aisha said the partnership between FARAMAZA Foundation and Brigade Zumunci Association was established out of a shared commitment to making a meaningful difference in the lives of individuals and communities.

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Ambassador Nana Aisha said the initiative was intended not only to provide participants with training but also to expose them to opportunities through which they could translate knowledge into practical economic activities.

She urged the beneficiaries to put the knowledge and skills acquired during the training into practice by establishing productive ventures capable of improving their livelihoods.

According to her, empowering young people with entrepreneurial and digital skills could also contribute to wider socioeconomic development by creating opportunities for self-employment and business growth.

The chairman of Brigade Zumunci Association, Professor Muhammed Atiku, pledged the association’s continued support for the younger generation, saying it would continue to explore initiatives aimed at helping youths achieve their aspirations.

Professor Atiku said the association recognised the importance of investing in young people through programmes that could provide them with relevant skills and opportunities to become productive members of society.

He added that the training represented the association’s first initiative of its kind and expressed the organisation’s commitment to building on the experience gained from the programme.

The participants, in their separate remarks, expressed appreciation to FARAMAZA Foundation and Brigade Zumunci Association for providing them with the opportunity to acquire entrepreneurial skills.

They said the knowledge gained from the training would help them pursue their entrepreneurial goals and explore opportunities in the digital economy.

The organisers also pledged to provide start-up packages to beneficiaries in subsequent editions of the programme as part of efforts to help participants move from training to actual business activities.

The organisers said the provision of start-up support would complement the skills acquired during the training and give future beneficiaries a better opportunity to apply their knowledge in establishing small-scale businesses.

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UNGA81: Shettima Leads Nigeria’s Delegation to New York

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By Yusuf Danjuma Yunusa

President Bola Tinubu has directed Vice President Kashim Shettima to lead Nigeria’s delegation to the 81st Session of the United Nations General Assembly, UNGA, in New York, United States.

Stanley Nkwocha, senior special assistant to the president on media and communications, made this known in a statement on Sunday in Abuja.

The 81st UNGA general debate will be held from September 22 to 28.

The theme of the UNGA is “Restoring trust, managing transformation: A United Nations that delivers for all.”

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Mr Nkwocha said Mr Shettima would deliver Nigeria’s national statement at the general debate.

He said the statement would outline Nigeria’s position and priorities on major global issues with implications for national development, peace and security, economic growth and international cooperation.

The presidential aide also said that Shettima would participate in high-level meetings during the UNGA week.

Mr Nkwocha added that VP Shettima’s engagements would focus on the right to development, climate action, and other issues of strategic importance to Nigeria and the African continent.

Similarly, he said Mr Shettima is also expected to join other world leaders at the traditional reception for Heads of Delegation and participate in a series of bilateral meetings with leaders of other countries and international organisations, as well as development partners on the sidelines of the General Assembly.

“The engagements will provide Nigeria an opportunity to advance President Tinubu’s economic diplomacy, deepen strategic partnerships and strengthen the country’s voice on reform of the global financial architecture, sustainable development, climate finance and multilateral cooperation,” he said.

Mr Nkwocha said VP Shettima will return to Nigeria after concluding his engagements in New York.

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Former Kogi Governor Ibrahim Idris Dies In UK At 77

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By Yusuf Danjuma Yunusa

Former Kogi State Governor, Alhaji Ibrahim Idris, has reportedly died in the United Kingdom at the age of 77.

Reliable sources broke the shocking news of Idris’s death on Sunday; further details of his reported death were still being awaited as of press time.

Idris served as governor of Kogi State from 2003 to 2008 and again from 2008 to 2012 on the platform of the Peoples Democratic Party (PDP). He was succeeded by his brother-in-law, Captain Idris Wada, in January 2012.

Born in 1949 in Idah, Kogi State, Idris began his education in Onitsha, Anambra State, before moving to Kano, where he completed his primary education.

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He later attended King’s Commercial College in Buguma, Rivers State, and obtained a bachelor’s degree from the University of Abuja.

Before venturing into politics, Idris was a businessman. He established Ibro Trading Company, with interests including construction, furniture manufacturing and hospitality.

He later established a furniture factory in Sokoto and the Ibro Hotel, described in available biographical records as the first three-star hotel in the old Sokoto State.

Idris emerged as the PDP governorship candidate for Kogi State ahead of the 2003 election and defeated the incumbent governor, Prince Abubakar Audu.

He was sworn in as governor on May 29, 2003.

Idris was re-elected in 2007, but the election was later nullified following a legal challenge over the exclusion of the All Nigeria Peoples Party (ANPP) candidate, Abubakar Audu, from the poll.

The Court of Appeal upheld the decision in February 2008 and ordered a fresh election.

Idris subsequently contested the March 2008 re-run and was returned as governor. His victory was challenged by Audu, who alleged electoral irregularities.

Idris eventually completed his tenure in January 2012 and was succeeded by Wada.

The former governor also attracted national attention in 2006 when three of his daughters survived the ADC Airlines Flight 53 crash, which claimed numerous lives.

Following the incident, Idris described the survival of his daughters as a “superlative show of mercy” from God and called for thanksgiving.

In April 2024, Idris suffered the loss of his son, Mohammed Ibrahim Idris, a former member of the House of Representatives representing Ankpa, Olamaboro and Omala Federal Constituency of Kogi State. Mohammed died in Abuja shortly after observing Eid-el-Fitr prayers.

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