General
PEARL Builds Chemical Treatment Plant in Nigeria
By Modupe Gbadeyanka
An ultra-modern manufacturing plant for drilling chemicals, water and oil-based production chemicals has been launched in Nigeria by Pacegate Energy and Resources Limited (PEARL).
PEARL, an arm of Pacegate Limited with an Integrated Management System (ISO 9001:2015, ISO 14001:2015 & ISO45001:2018) will provide chemical treatment solutions, laboratory testing and services, and professional field support services to the upstream and downstream sectors, as well as other relevant sectors.
This is in a bid to meet the growing needs of the oil and gas and transportation sectors of the Nigerian economy and Africa at large.
This has been made possible by its partnership with global energy solutions provider, Canadian Energy Solutions (CES).
The partnership sees PEARL’s wide reach in both offshore and onshore operations supported and extended by CES’ global capabilities.
PEARL will commence the formulation of eco-friendly products and provide superior innovative treatment chemicals and application technology services to oil and gas exploration and production platforms, refineries, petrochemical plants, among others.
PEARL’s well-trained and highly experienced engineers’ partner with clients to identify and proffer proper resolutions to challenges related to upstream production and downstream chemical treatment solutions, as well as specialised chemical solutions for the transportation sector.
The team of engineers support customer needs with extensive laboratory and real-time field testing to help solve queries using world-class standards and industry best practice.
Speaking on the partnership, General Manager, PEARL, Franklin Oranusih said that PEARL was established out of a desire to solve industrial challenges with innovative solutions and partnerships.
“We have a commitment to deliver quality and eco-friendly products as we continue to play our part in supporting local content in Africa.
“As the oil & gas sector continues to grow, it is expedient that we consider the effect it has on the environment, among others.
“This partnership is a sign of our commitment and we are delighted to announce it. We also appreciate the support of the Ministry of Industry, Trade and Investment and the Nigerian Content and Development Board – NCDMB for its support as we continue to fulfil this commitment,” he said.
Commenting on the partnership, the Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, stated that there is a need for innovative partnerships such as this to boost local content in Nigeria.
“I am pleased to formally commission the first local content fluids and chemical solutions manufacturing plant in Nigeria, which represents a significant landmark for the country’s industrialisation programme.
“Domestication of products has been at the centre of this administration’s industrialisation programme to drive job intensive growth of the Nigerian economy. It will increase local production, create job opportunity and improve our foreign exchange reserve position.
“I believe this will help in taking us ahead in our effort to diversify the economy and increase the contribution of the manufacturing sector to GDP. Most especially, the plant will provide jobs to Nigeria’s workforce, promote local content, and save the nation the extra cost of importing the now locally produced input.”
Also speaking, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), represented by the General Manager, Project Authorisation and Certification, Engr. Paul Zuhumben, said, “We commend the effort of Pacegate Energy Resource Limited for investing an installed capacity of 12.9 metric tonnes into the manufacturing of chemicals solutions aspects of the hydrocarbon value chain in Nigeria.
“At the beginning of local content implementation, the board had always emphasised that its focus will be on developing in-country capacity in manufacturing, fabrication, engineering and other high-end services supporting the oil and gas industry. This project by Pacegate speaks effectively to this.”
Founded in 2001, CES Energy Solutions has extensive testing capabilities for corrosion, scale, hydrogen sulphide scavenger and other production-related requirements.
The company will provide technical assistance to PEARL who is the exclusive representative for production chemicals in the oil-producing countries of Africa.
CES manufactures raw ingredients that PEARL formulates within Nigeria to provide field strength chemicals.
PEARL manufactures a wide range of chemicals and products such as Demulsifiers & Water Clarifiers, Corrosion Inhibitors, Scale Inhibitors, Biocides, and so on, while its technology partner, CES provides upstream chemical products bases.
General
2027: Tinubu Retains Shettima as Vice Presidential Candidate
By Dipo Olowookere
Nigeria’s Vice President, Mr Kashim Shettima, will run as the vice-presidential candidate of the All Progressives Congress (APC) in the 2027 presidential election.
President Bola Tinubu retained Mr Shettima as his running mate for re-election next year, according to the National Chairman of the APC, Mr Nentawe Yilwatda.
In a post on Friday on X, the ruling party chairman described this as “another significant milestone in the journey of our great party.”
He also said it reaffirms the party’s collective resolve to sustain the Renewed Hope Agenda and deepen the progress already being recorded across the country.
It was gathered that Mr Tinubu submitted his presidential nomination forms today through his Special Adviser on Political and Other Matters, Mr Ibrahim Masari.
The submission was done ceremony at the Continental Hotel, Abuja, attended by several party chieftains, including The event brought together an impressive array of leaders of our great party, including the Chairman of the Progressive Governors’ Forum and Governor of Imo State, Mr Hope Uzodimma; Governor Mai Mala Buni of Yobe State, Governor Nasir Idris of Kebbi State, Governor Abba Kabir Yusuf of Kano State, Governor Uba Sani of Kaduna State, Governor Babagana Umara Zulum of Borno State, Governor Ahmadu Umaru Fintiri of Adamawa State, as well as other governors, party executives and critical stakeholders from across the federation.
“The All Progressives Congress remains focused on strengthening its grassroots support, consolidating the achievements of the Renewed Hope Agenda and working together to build a more prosperous, secure and inclusive Nigeria for all,” the party leader stated.
General
Abducted Oyo Pupils, Teachers Regain Freedom After 56 Days
By Adedapo Adesanya
The pupils and teachers abducted in Oriire Local Government Area of Oyo State have regained their freedom after 56 days in captivity.
The development was disclosed on Friday by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga, on X. He revealed that eight of the kidnappers have been arrested and are now in the custody of the Department of State Services (DSS), while some others were neutralised during the operation.
“Finally, all the kidnapped pupils and teachers in Oriire, Oyo have been rescued by our security agencies,” he wrote.
He said no concession was made to the terrorists to secure the freedom of the abducted pupils and teachers.
Mr Onanuga explained that the kingpin whose release the kidnappers had demanded was neither freed nor spared, as he remains under prosecution for offences linked to his terrorist activities.
The abductions occurred on May 15, 2026, when armed men attacked three schools: Community Grammar School, Baptist Nursery and Primary School, and L.A. Primary School, in the Esiele and Yawota communities of Oriire Local Government Area.
No fewer than 39 pupils and seven teachers, including a principal, were taken during the attacks. During the attack, a teacher, Mr Joel Adesiyan, was killed while attempting to escape.
Another teacher, Mr Michael Oyedokun, was reportedly beheaded in the kidnappers’ den.
The terrorists holding the victims had reportedly made a four-point demand before agreeing to free the captives, including the release of detained terrorist commanders, payment of ransom, two Hilux vehicles and the implementation of Sharia-related law.
The Oyo State Government had consistently maintained that no ransom would be paid to secure the release of any victims.
The Nigeria Union of Teachers (NUT) embarked on a month-long strike in the state to press for the victims’ rescue before suspending the action in July.
It also drew federal intervention, with military and police authorities repeatedly assuring Nigerians that operations to secure the victims’ freedom were ongoing.
The President’s spokesperson said that security agencies would soon provide a comprehensive account of the operation.
General
EBID Injects $260m Into Nigeria’s Cross-Border Highway Project
By Adedapo Adesanya
The board of the ECOWAS Bank for Investment and Development (EBID) has approved a $260 million financing package for the construction of a 123-kilometre section of the Trans-Saharan Highway in Nigeria as part of more than $417 million earmarked for strategic projects across West Africa.
The approval was granted during the bank’s 99th Ordinary Session, chaired by its President, Mr George Donkor, according to a statement issued after the meeting. It was noted that the total financing will support five public and private sector projects spanning infrastructure, healthcare, housing, mining, financial resilience and regional connectivity.
EBID said the approved investments underscore its commitment to funding high-impact projects that drive economic growth, create jobs and improve living standards across the sub-region.
“The projects approved during this 99th Board Session demonstrate EBID’s unwavering commitment to financing development solutions that directly improve the lives of West African citizens.
“From clean energy and transport infrastructure to healthcare, housing and financial sector resilience, these investments will strengthen regional competitiveness and support sustainable and inclusive growth across our community,” said Mr Donkor.
That of Nigeria is to improve connectivity, facilitate trade, reduce logistics costs and support economic integration; West African CFA franc (XOF) 10 billion in a line of credit to Banque de l’Habitat de Côte d’Ivoire (BHCI) to expand housing finance and support SMEs operating across the housing and construction value chain; €80 million for the design, construction, equipment and maintenance of the 150-bed Regional Hospital of Ferkessédougou in Côte d’Ivoire under a public-private partnership;
XOF 12.82 billion (West African CFA Franc) for the renovation, operation and maintenance of the Symphonie Building in Abidjan under a public-private partnership and $47.4 million for Azumah Resources Ghana Limited to finance the procurement of long-lead process plant equipment and critical early-stage development activities for the Black Volta Gold Project.
“These approvals advance EBID’s Growth, Resilience and Optimisation (GRO) Strategy, which prioritises transformative infrastructure, human capital development, private sector growth and regional integration. Through these investments, the Bank continues to promote sustainable development and shared prosperity across West Africa,” the statement said.


