Connect with us

General

Akeredolu Fumes Over Pipeline Surveillance Contract to Tompolo

Published

on

pipeline surveillance contract to Tompolo

By Aduragbemi Omiyale

The Governor of Ondo State, Mr Rotimi Akeredolu, has expressed shock over the award of a contract for the surveillance of oil pipelines in the Niger Delta region to a former militant leader, Mr Government Oweizide Ekpemupolo, otherwise known as Tompolo.

In a statement on Wednesday, the Governor berated the federal government for choosing to allow a non-state actor to carry heavy arms to protect the pipelines when security outfits established by state governments were not given the clearance to protect the citizens despite the serious need for this.

He questioned the type of advice given to President Muhammadu Buhari by his advisers, saying that the award of the pipeline surveillance contract to Tompolo “leaves a sour taste in the mouth.”

“The news concerning the purported award of pipeline contracts to some individuals and private organisations by the Federal Government has been unsettling. More disquieting is the barely disguised hostility displayed against either the idea or the actual establishment of security outfits by some State Governments to fill the widening gaps in the scope of security coverage noticeable nationally.

“The Federal Government, through the Office of the National Security Adviser, has been consistent in its refusal to accede to the request by some States in the Federation to strengthen the complementary initiatives adopted to protect lives and property. This is done in spite of the knowledge that the very issues which necessitated the creation of these outfits support providing adequate weaponry. All attempts to persuade the Federal Government to look, critically, into the current security architecture have been rebuffed despite the manifest fundamental defects engendered by over-centralisation.

“It is, therefore, shocking to read that the Federal Government has maintained the award of the contract to “protect” the country’s pipeline from vandals to private organisations. This story, if true, leaves a sour taste in the mouth. The NSA will, obviously, not advise the President to approve the award of a contract of such magnitude if the operators have not displayed sufficient capacity to checkmate the criminal activities of equally powerful groups. Consequently, it is safe to conclude that the Federal Government has, impliedly, permitted non-state actors to bear heavy assault weapons while denying the same privilege to the States, the federating units.

“The award of contract to private organisations to protect vandalisation of pipelines raises fundamental questions on the sincerity of the advisers of the Government on security issues. The open and seeming enthusiastic embrace of this oddity, despite the constant and consistent avowal of the readiness by the Security Agencies in particular the Navy to contain the pervasive and deepening crises of breaches and threats to lives and property, attracts the charge of insincerity bordering, deplorably, on dubiety. If the State Governments, which are keenly desirous of protecting their citizens, establish ancillary security outfits and there has been pronounced reluctance, if not outright refusal, to consider permitting them to bear arms for the sole purpose of defence, granting private individuals and or Organisations unfettered access to assault weapons suggests, curiously, deep-seated suspicion and distrust between the Federal Government and the presumed federating units.

“The engagement of private organisations to handle serious security challenges reinforces the belief that the whole defence architecture in the country needs an urgent overhaul. The Federal Government cannot be seen to be playing the Ostrich in this regard,” Mr Akeredolu said.

General

NCSP Strengthens Strategic Investment Cooperation With China

Published

on

trade relations between Nigeria and China

By Adedapo Adesanya

The Nigeria–China Strategic Partnership (NCSP) recently hosted a high-level delegation from Newryton International Industrial Development Company Limited, a leading Chinese investment and industrial development consortium, to advance discussions on deepening bilateral trade, industrial cooperation, and development financing between both countries.

The Newryton delegation, led by Mr David Chen, Assistant Secretary-General of the China Hainan Investment Council, had earlier engaged with the Nigerian Association of Commerce, Industry, Mines and Agriculture (NACCIMA). They were accompanied to the NCSP by Mr Joe Onyuike, Vice-Chairman of NACCIMA’s Agriculture and Livestock Trade Group, who conveyed NACCIMA’s support for the delegation’s engagements.

Discussions centered on the establishment of a Nigeria–China Trade and Investment Platform, including a proposed Promotion Centre in China to support Nigerian products, investors, and state governments.

The consortium also presented opportunities within Hainan Province’s Free Trade Port (FTP), which offers preferential policies that Nigerian businesses can leverage to expand exports and attract new investments.

In his address on behalf of Newryton, Mr Pong outlined plans to collaborate with NCSP in accessing FOCAC-supported financing for strategic investments in agriculture, energy, mining, solid minerals processing, and related sectors. The delegation identified aquaculture as a key area of interest and referenced the forthcoming Global Aquaculture Conference in Hainan Province, encouraging Nigerian stakeholders to participate.

They also expressed readiness to strengthen cooperation in vocational training and employment under the Belt and Road Initiative (BRI).

Welcoming the delegation on behalf of the Director-General, Martins Olajide, NCSP’s Head of Internal Operations, reaffirmed the organisation’s commitment to fostering mutually beneficial partnerships.

He highlighted NCSP’s strong interest in the proposed Nigeria–China Trade and Investment Platform and the development of the Nigerian Oil Palm Industrial Park as a flagship demonstration project.

Also speaking at the meeting, Ms Judy Melifonwu, NCSP’s Head of International Relations, underscored the opportunities presented by China’s zero-tariff policy and the forthcoming NAQS–GACC protocol on the export of Nigerian aquaculture products. She noted that these frameworks would significantly enhance Nigeria’s competitiveness in emerging global markets.

Both parties expressed commitment to advancing discussions toward a structured cooperation framework covering all priority areas.

Continue Reading

General

UKNIAF Marks Six Years Infrastructure Support to Nigeria

Published

on

UKNIAF

By Adedapo Adesanya

The United Kingdom–Nigeria Infrastructure Advisory Facility (UKNIAF), established in 2019 as part of a 16-year legacy of UK-funded infrastructure support to Nigeria, convened over 100 senior stakeholders on Tuesday, December 2, to review its progress and formally close out its current phase of operations.

The event brought together representatives from federal and state governments, development partners, development finance institutions, and the private sector to reflect on UKNIAF’s work across the power, infrastructure finance, and roads sectors. Discussions focused on institutional reforms, capacity development, and the sustainability of tools and processes introduced over the past six years.

Since inception, UKNIAF has delivered targeted technical assistance designed to embed evidence-based reforms, data-driven decision-making, and improved institutional performance. Its interventions have mobilised significant financing, strengthened regulatory and planning systems, and enhanced investor readiness across multiple infrastructure markets.

In the power sector, participants highlighted landmark achievements including the development of Nigeria’s first Integrated Resource Plan, which outlines a least-cost and low-carbon pathway for expanding electricity supply. UKNIAF also supported the Nigerian Electricity Regulatory Commission (NERC) in building advanced real-time data capabilities for tariff monitoring, grid management, and outage tracking. The programme enabled pioneering states to establish their own electricity markets following constitutional reforms.

In infrastructure finance, UKNIAF was recognised for strengthening project preparation systems and enabling access to capital. Notable accomplishments include supporting the mobilisation of $75 million from the African Development Bank to the Special Agro-Industrial Processing Zone (SAPZ) programme in two states, and accelerating mini-grid and solar deployment through improved technical standards at the Rural Electrification Agency (REA).

UKNIAF also designed a national project preparation facility, for which N21 billion was allocated in both the 2024 and 2025 budgets to build a pipeline of bankable projects.

Speaking on this, Mr Frank Edozie, UKNIAF Team Lead, described the programme’s close-out as a “handover for sustained delivery,” emphasising that strengthened institutions now hold tools that make Nigeria’s infrastructure landscape more transparent, climate-smart, and investor-ready.

On his part, the Minister of Power, Mr Adebayo Adelabu, commended the programme, noting that its technical assistance and advisory services had helped lay the foundation for a sustainable and inclusive electricity supply industry.

Mrs Cynthia Rowe, Head of Development Corporation at the UK Foreign, Commonwealth and Development Office (FCDO) in Nigeria, praised the partnership, highlighting achievements ranging from state-level electricity market reforms to unlocking major financing and designing Nigeria’s Climate Change Fund.

Enugu State Secretary to the State Government, Professor Chidiebere Onyia, underscored the lasting influence of the programme, stating that UKNIAF’s impact continues through the expertise and leadership transferred to national and sub-national institutions.

The close-out event reaffirmed stakeholders’ commitment to sustaining tools, reforms, and knowledge products developed under UKNIAF, while strengthening collaboration among public, private, and development actors in the infrastructure ecosystem.

Participants included federal and state agencies such as the Nigeria Governors’ Forum, Federal Ministry of Power, Ministry of Finance, NERC, REA, and the Transmission Company of Nigeria, alongside development partners including the African Development Bank, World Bank, and IFC, as well as private sector and civil society stakeholders.

Continue Reading

General

Dangote Refinery Reduces PMS Pump Price to N699 Per Litre

Published

on

PMS pump price

By Aduragbemi Omiyale

The gantry price of Premium Motor Spirit (PMS), otherwise known as petrol, has been slashed by the Dangote Petroleum Refinery.

The Lagos-based oil facility brought down the ex-depot price of the petroleum product by 15.58 per cent or N129 per litre to N828 per litre.

Though the company had yet to release an official statement on this development, real-time market data on Petroleumprice.ng on Friday showed the new price.

Punch reports that data from the platform also showed fresh reductions across several private depots following the refinery’s latest review.

Sigmund Depot cut its ex-depot price by N4 to N824 per litre, Bulk Strategic dropped its price by N3, and TechnoOil slashed its by N15.

Continue Reading

Trending