General
TotalEnergies to Unveil 70,000bpd Ima Gas Field Project in 2026
By Adedapo Adesanya
TotalEnergies Limited has announced plans to unveil its shallow water 70,000 barrels per day Ima gas field project in Nigeria by 2026.
The Country Chairman/Managing Director of TotalEnergies Nigeria, Mr Matthieu Bouyer, disclosed this in Abuja at the Nigeria Oil and Gas (NOG) Energy Week 2025 during a panel session tagged Pragmatically Achieving Energy Abundance.
Mr Bouyer said the project would feed the Nigeria Liquefied Natural Gas (NLNG), one of the largest LNG plants in the world, saying the company was committed to increasing oil and gas production in a sustainable manner.
“Ima is another gas-field project offshore, which we intend to unveil in the coming year. It is a 70,000 barrels per day field; so that is already 140 barrels per day to accumulate by the two gas projects.
“So, that is significant; NLNG is one of the largest plants in the world, and today I think it is starting to get more gas,” he stated, noting that the firm had been careful of emissions while growing energy.
“We have been investing significantly in the past 15 years in Nigeria with a big project such as Egina,OML 13/2018, Ikike OML 99/2022, and Akpo West OML 130/2009, which we started in 2024.
“We have been drilling continuously up to this time on our deep offshore in the past two and a half years.
“So, the commitment to the country is undeniable, and we believe in Nigeria, in the resources, in the country, and we believe that there is a great future in Nigeria.
“In 2024, we inaugurated the Ubeta OML 58 project; Ubeta is a significant gas lag field onshore, which will supply gas to Nigeria Liquefied NG, and to the domestic market,” he added.
Mr Bouyer disclosed that the Ubeta project within the OML 58 concession is designed for processing subsequent export to NLNG and domestic gas parties through the Obite-Ubeta-Rumuji (OUR) or Gas Transmission System -1 (GTS) pipelines, describing the Ubeta field as significant as it would produce more or less 70,000 barrels per day.
He added that its Final Investment Decision (FID) showed a clear demonstration of good rule and regulation in place in the country.
“So, by doing this, we demonstrate the commitment, and we are of course keen to go all over the chain, up to NLNG.
“We have more, and to be able to unlock this more, we need to demonstrate this competitiveness,’’ he said.
He thanked the Nigerian National Petroleum Company (NNPC) Limited and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), for exhibiting the trust in them.
The managing director said the company had been active in the exploration sphere, and that two years ago made a discovery called ENTPON, an oil discovery which it made on the offshore, and currently progressing and maturing the assessment.
He said it deployed technology to achieve less emission, as it was the first company in Nigeria to stop all routine gas flaring.
Mr Adewale Fayemi, Managing Director, TotalEnergies Renewable DG Nigeria, highlighted the roles of renewables in the future energy mix.
He called for a national electrification plans with clear commercial priorities and independent regulators without political obstructions.
Mr Fayemi, represented by Omotayo Hassan, General Manager, Renewables, TotalEnergies Renewable DG Nigeria, said that the firm focused on the off-grid solar power generation.
He called for the creation of enabling business environment.
“We need to have national electrification plans that have clear commercial priorities because that drives investor confidence; the reality is that investors go to places where they can get their money back.
“The regulator has to be independent, without any political influence or political obstruction.
“It is important that the community, gender, young people are interested in the projects that you do because it provides resilience for those projects.
“We need to strongly look at long-term local currency financing. It is a must. Forex issues have always been a problem, and that has to happen.
“Fragmentation chases away investors; so, that is also something that needs to be dealt with,’’ he said.
General
NECA’s Annual Retreat for Business Managers, Executives Holds April 16
By Aduragbemi Omiyale
The annual retreat for business managers and executives organised by the Nigeria Employers’ Consultative Association (NECA) will take place from April 16 to 18, 2026, at the AAE & T Hotel, Kuto, Abeokuta, Ogun State.
This year’s edition is themed The Resilient Enterprise, People and Systems: Building and Managing Businesses that Outlive Seasons, Cycles and Crises.
The programme aims to equip leaders with the insights, tools, and networks required to build resilient organisations in an increasingly complex business environment.
It will provide a unique platform for executive-level engagement through high-level conversations, peer learning sessions with experienced leaders, strategy reflection workshops, and curated networking opportunities.
Expected to attend are industry leaders, senior executives, and business managers from across sectors. They will explore strategies for sustaining organisational performance through leadership transitions, economic cycles, regulatory shifts, and market disruptions.
Participants will also benefit from interactive discussions focused on strengthening corporate governance, developing agile leadership capabilities, and building organisational systems that can withstand periods of uncertainty and transformation.
A notice from NECA said the event is open to both members and non-members, with participation fees set at N300,000 for members and N320,000 for non-members. Discounts will also be available for Gold and Silver members, subject to applicable terms and conditions.
Interested participants are encouraged to register via the official registration link to secure their place at the retreat, which promises to deliver valuable insights and connections for executives seeking to build enterprises capable of thriving through seasons of change and uncertainty.
The Director-General of NECA, Mr Adewale Smatt-Oyerinde, noted that by convening business managers and senior executives in a collaborative learning environment, the association aims to contribute to the development of stronger, future-ready enterprises that can drive economic growth, create jobs, and support national development even in the face of evolving global and local challenges.
He added that the retreat will provide executives with the opportunity to step away from daily operational demands and engage in deeper strategic conversations with peers and industry experts.
“The theme of this year’s retreat speaks directly to the realities businesses face today. Across sectors, organisations are navigating leadership transitions, regulatory shifts, economic pressures, and technological disruption.
“What distinguishes enduring enterprises is their ability to build strong systems, develop capable leaders, and create organisational cultures that can adapt and respond effectively to change,” the NECA chief said.
General
Egbin Power Commissions 80 New Staff Housing Units
By Modupe Gbadeyanka
In further demonstration of its unwavering commitment to its workforce, Nigeria’s foremost power generation company, Egbin Power Plc, has unveiled 80 new residential housing units for employees within its plant premises in Egbin, Lagos State.
This comprises 40 fully furnished three-bedroom apartments and 40 furnished studio apartments, all designed to contemporary standards.
The units feature modern infrastructure and thoughtfully planned utilities, creating a safe, comfortable, and conducive living environment that supports both employee productivity and family well-being.
This strategic investment underscores the company’s philosophy that a well-supported workforce is fundamental to sustained operational excellence.
The new housing units are part of a holistic strategy to cultivate a stable, motivated, and future-ready workforce.
This strategy extends beyond infrastructure to encompass robust career development and recognition. Over the past three years, Egbin Power has promoted 112 employees across various cadres, reinforcing a culture that rewards merit, performance, and long-term dedication
“At Egbin Power, our people are our most valuable asset. Even amidst the prevailing liquidity and operational realities within the broader power sector, our focus on employee welfare has remained deliberate and consistent.
“This significant expansion of our residential estate is a tangible expression of that commitment.
“It is one of several key initiatives aimed at ensuring our employees feel genuinely supported, allowing them to thrive both personally and professionally,” the chief executive of Egbin Power, Mr Mokhtar Bounour, said.
Initiated in 2025 and completed in January 2026, this project is the latest milestone in Egbin Power’s structured and ongoing approach to enhancing employee welfare. It reflects the energy firm’s dedication to fostering a culture where every team member feels valued, secure, and motivated.
General
NGX Group, CSCS, WIMBIZ to Ring Bell for Gender Equality
By Aduragbemi Omiyale
On Tuesday, March 10, 2026, at the Nigerian Exchange Group House in Lagos, the role of capital markets in promoting gender equality will be reemphasised through the closing gong ceremony in commemoration of International Women’s Day 2026.
The ceremony is part of the global Ring the Bell for Gender Equality campaign, which mobilises stock exchanges worldwide to expand women’s participation in the economy and advance gender-inclusive practices.
In Nigeria, the NGX Group is partnering with the Central Securities Clearing System (CSCS) Plc and Women in Management, Business and Public Service (WIMBIZ) to make it memorable under the theme Rights. Justice. Action. For ALL Women and Girls.
Dignitaries expected at the ceremony include the Minister of State for Foreign Affairs, Mrs Bianca Odumegwu-Ojukwu; the First Lady of Imo State, Mrs Chioma Uzodimma; the Executive Commissioner for Legal and Enforcement at the Securities and Exchange Commission (SEC), Ms Frana Chukwuogor; foremost actor, Ms Funke Akindele; a Director at the NGX Group, Ms Ojinnika Olaghere; and another staffer of NGX Group, Mrs Fatima Wali-Abdulrahman, alongside board members of NGX Group, regulators, capital market stakeholders, and industry leaders.
NGX Group is joining other exchanges worldwide in sounding the NGX Gong to underscore the importance of inclusive leadership, equal opportunities, and stronger market accountability in advancing gender equality.
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