Connect with us

General

Train 7: Plant Operators Petition EFCC to Investigate Fraud, Tax Deductions

Published

on

Nigeria Association of Plant Operators

By Adedapo Adesanya

The Nigeria Association of Plant Operators (NAPO) has petitioned the Economic and Financial Crimes Commission (EFCC) to investigate allegations of tax deduction and non-remittance fraud linked to the NLNG Train 7 project.

Train 7 is a major expansion project of the Nigeria Liquefied Natural Gas (NLNG) facility on Bonny Island, Rivers State, Nigeria. It involves building a seventh “train” (processing unit) at the LNG plant to significantly increase Nigeria’s LNG production capacity and strengthen the country’s role as a global supplier of cleaner energy.

NAPO’s President General, Mr Harold Benstowe, alongside four other officials, appeared at the EFCC Port Harcourt Zonal Office in Port Harcourt, to adopt a petition accusing Daewoo Engineering & Construction Nigeria and others of alleged unlawful tax deductions from workers on the multibillion-dollar NLNG Train 7 gas plant construction project.

According to NAPO, the EFCC received the delegation and guided them through the formal adoption of the petition, paving the way for what the union described as a “proper forensic investigation” into the alleged financial misconduct.

“The EFCC has assured the victims that it will conduct a thorough investigation to get to the root of the matter,” Mr Benstowe said, describing the development as a major step toward accountability in the construction segment of Nigeria’s oil and gas industry.

It also raised that the allegations strike at the heart of compliance risks surrounding one of Nigeria’s most strategic gas investments, with potential implications for contractors, regulators and investor confidence in large-scale energy projects.

Mr Benstowe called on workers involved in the NLNG Train 7 project to actively support the investigation by submitting documentary evidence, particularly payslips allegedly showing tax deductions by Daewoo E&C Nigeria.

“We encourage all affected workers to freely come forward with more evidence to assist the EFCC in carrying out a comprehensive investigation,” he said.

He also dismissed reports of intimidation, warning that the union would resist any attempts to suppress whistleblowers.

“All victims should ignore threats or discouragement from any quarters. This is no longer business as usual. We are prepared for a big showdown to ensure everyone involved is brought to book,” Mr Benstowe declared.

The NAPO leader framed the petition as part of a broader struggle for financial transparency and workers’ rights in Nigeria’s oil and gas construction value chain, stressing that the outcome would send a strong signal to contractors operating on high-value energy projects.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

General

FIRS Officially Transitions into NRS

Published

on

firs new logo

By Adedapo Adesanya

The Nigeria Revenue Service (NRS) has unveiled its institutional brand identity as it officially transition from the Federal Inland Revenue Service (FIRS) to the newly established revenue collection agency as gazetted.

The transition was marked with the unveiling of the agency’s new logo, according to a statement from Mr Dare Adekanmbi, special adviser to the chairman of NRS, Mr Zacch Adedeji.

Speaking at the unveiling event in Abuja on Wednesday, Mr Adedeji said the new identity represents a significant milestone in the evolution of Nigeria’s revenue administration framework.

The taxman said the unveiling reflects a renewed commitment to a more unified, efficient, and service-oriented revenue system aligned with Nigeria’s economic transformation agenda and global best practices.

He said the new identity signals continuity of purpose, strengthened institutional capacity, and a forward-looking approach to supporting taxpayers and national development.

According to the statement, the NRS said it remains committed to transparency, partnership, and service excellence.

“The unveiling of this new identity represents not an end, but the beginning of a strengthened relationship between the revenue authority and the Nigerian public—built on trust, clarity, and shared prosperity,” the statement reads.

It was also stated that the service came into operation following the signing of its enabling law — the Nigeria Revenue Service Establishment Act 2025 — by President Bola Tinubu in June.

Continue Reading

General

FG Eyes Trade, Jobs, Investment in Revalidated Ondo Deep Sea Port Project

Published

on

Ondo Deep Seaport project

By Adedapo Adesanya

The federal government says it has taken a decisive step to unlock Ondo State’s maritime and industrial potential with the revalidation of the Ondo Deep Sea Port licence, signalling fresh momentum for trade, jobs, and investment in the South-West state.

The Minister of Marine and Blue Economy, Mr Adegboyega Oyetola, formally presented the revalidated certificate to Governor Lucky Aiyedatiwa of Ondo State at his office in Abuja, noting that the revalidation served as a major milestone and a strategic federal intervention to harness the state’s vast blue economy resources.

He said the deep sea port would serve as a catalyst for trade expansion, industrialisation and regional economic integration, in line with the Federal Government’s economic diversification agenda.

“The Ondo Deep Sea Port is not just a project for Ondo State; it is a national asset that will boost Nigeria’s competitiveness in global shipping, ease congestion at existing ports and create a new hub for exports, manufacturing and job creation,” Mr Oyetola said.

He added that the port’s Atlantic corridor location would enhance non-oil exports, improve the ease of doing business and attract foreign direct investment to the South-West and the wider economy.

According to him, the revalidated licence provides clarity and confidence for investors, reinforcing Nigeria’s readiness for large-scale maritime investments.

Receiving the certificate, Mr Aiyedatiwa thanked President Bola Tinubu and the Federal Executive Council (FEC) for approving the revalidation, describing it as the outcome of years of sustained effort.

He explained that the original licence had faced delays due to a naming error in the initial business case, necessitating a fresh and comprehensive submission.

“This revalidated certificate is a turning point for Ondo State, affirming our vision for industrial growth, job creation and sustainable development anchored on our coastline and maritime assets,” the governor said.

Mr Aiyedatiwa said his administration was prioritising supporting infrastructure, including the dualisation of access roads to industrial zones and modernisation projects.

He added that plans were also underway for residential, educational and hospitality facilities to support the anticipated influx of investors and workers.

The governor reaffirmed that the port and its ancillary projects would drive inclusive development across all local government areas of the state.

Continue Reading

General

Egbin Power’s Youth-Centred Social Investment Deepens Community Cohesion

Published

on

Egbin Football Competition 2025

By Modupe Gbadeyanka

The Personal Corporate Social Responsibility (PCSR) initiatives of Egbin Power Plc have continued to deepen social cohesion, empower young people, and strengthen relationships across its host communities.

One of these programmes is the company-sponsored annual football tournament for host communities. This tournament has continued to serve as a unifying platform for youth development, positive engagement, and shared identity among neighbouring communities.

The 2025 edition, which was recently concluded, saw Alanu-Omo FC defeating Dragon Ipakan FC with a 1–0 victory in a closely contested encounter, capping weeks of spirited participation marked by discipline, camaraderie, and exemplary.

From the opening fixtures to the final match, the programme featured 16 teams drawn from the host communities, with participants displaying not only skill and competitiveness but also camaraderie and respect for fair play—reinforcing the programme’s positive social impact over the years.

At the end of the competition, Alanu-Omo FC emerged champions and received a cash prize of N1 million, while the runners-up and third-place teams received N700,000 and N500,000, respectively.

The competition, now in its fourth edition, was held at the Egbin Power sports field, brought together young people from neighbouring communities, encouraging positive interaction, mutual respect, and a shared sense of purpose.

Over the years, the event has consistently demonstrated the GenCo’s belief that sustainable development thrives where communities are united and actively engaged.

Speaking on the significance of the programme, the Head of Corporate Communications and Branding at Egbin Power, Mr Felix Ofulue, described the initiative as a strategic investment in people and communities.

“At Egbin Power, we are deeply passionate about initiatives that bring people together and create lasting value. This programme has grown into a platform for nurturing talent, engaging young people constructively, and strengthening bonds across communities.

“Beyond recreation, it instils critical life skills such as teamwork, leadership, discipline, and resilience, qualities that are essential for personal growth and societal progress,” Mr Ofulue said.

He added that the objective is to evolve the initiative into a unifying force that strengthens relationships across communities while reinforcing Egbin Power’s brand as a responsible and people-centred organisation.

Captain of the winning team, Alanu-Omo FC, Mr Samad Ojikutu, expressed appreciation to Egbin Power for its sustained commitment to youth empowerment.

“We commend Egbin Power for consistently creating opportunities for young people in the host communities. This is a programme we always look forward to. Winning is exciting, but what matters most is the unity we experience as a team and as a community. It reminds us that we can achieve so much more when we work together,” he said.

Also commenting, a community leader and retired Grade 1 referee, Prince Samson Ekundayo, described the initiative as impactful and timely.

“Programmes like this are critical for community development. They provide young people with opportunities to showcase their talents, while also learning the values of cooperation, discipline, and respect,” he noted.

Egbin Power reiterated that initiatives of this nature remain central to its commitment to inclusion, empowerment, and sustainable community relations, noting that deliberate investments in youth and social cohesion are essential for building trust, strengthening brand affinity, and driving long-term shared value.

Continue Reading

Trending