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FG Eyes 40,000 Jobs from $17bn NLNG Train 7 Project

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By Modupe Gbadeyanka

No fewer than 40,000 direct and indirect jobs are expected to be created from the execution of the Nigeria Liquefied Natural Gas (NLNG) Train 7 project worth $17 billion.

Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, who made this disclosure, said this development will go a long way to boost the nation’s economy.

The NCDMB boss said further that, “The NLNG Train-7 will deliver 100 percent engineering of all non-cryogenic areas in-country. The total in-country engineering man-hours is set at 55 percent which exceeds the minimum level stipulated in the NOGICD Act, in line with our resolve to push beyond the boundary of limitations.”

During an event held on Wednesday in Abuja for the signing of the Letter of Intent (LoI) for the Train-7 Engineering, Procurement and Construction (EPC) Contract between NLNG and the preferred consortium- SCD, which is constituted by three entities – Saipem, Chiyoda and Daewoo, Mr Wabote the schedule of the NOGICD Act set the minimum engineering man-hours for FEED and Detailed Engineering on LNG Facility at 50 percent.

He stated further that the benefits of the Train 7 project will extend to site civil works on roads, piling, and jetties, 100 percent local procurement of all LV and HV cables, non-cryogenic valves, protective paints and coatings, sacrificial anodes and many other direct procurements from our local manufacturing plants.

The target, according to the Executive Secretary, is to assemble over 70 percent of all non-cryogenic pumps and control valves in-country, while other spin-off opportunities include logistics, equipment leasing, insurance, hotels, office supplies, aviation, haulage and many more.

He confirmed that the Minister of State for Petroleum Resources, Mr Timipre Sylva, has charged stakeholders connected with the NLNG Train-7 project to fast track actions related to it.

According to him, “the Minister has this project as one of his focus areas to put an end to the drought of FID’s in the oil and gas industry in the last few years”.

Apart from the job opportunities and the accruable revenues from this multi-billion-dollar Train-7 project, the Minister also sees the additional tonnage of LPG to be produced from Train-7 as a key benefit to reduce importation of LPG into the country, he added.

“He is also excited that Train-7 project attracts other upstream gas supply projects required to keep the LNG train busy. The project opens up other development opportunities for some gas fields in the shallow and deep offshore acreages such as HI, HA, HK, and Opoukunou-Tuomo fields,” the local content boss stated.

Mr Wabote charged the SCD consortium to fully implement the agreed Nigerian Content levels as contained in the approved Nigerian Content Plan for Train-7 project, covering engineering, fabrication, civil works, local procurement, project services, logistics, equipment leasing, insurance, hotels, office supplies, aviation, haulage, human capacity development and jobs.

At the event, Managing Director of NLNG, Mr Tony Attah, said “that Train-7 will move from Front End Engineering Design (FEED) to detailed design, construction, commission and delivery and this phase will attract almost $7 billion with an addition of the upstream scope of $10 billion which will boost the foreign direct investment profile of Nigeria.”

He pledged the company’s commitment to achieve the project within four to five-year period and hoped that it would sign the Final Investment Decision (FID) by the end of October 2019.

Mr Attah commended NCDMB for completing its review of the commercial evaluation report of Train 7 in 48 hours, noting that it took the natural gas company about three months to produce the commercial evaluation summary.

While confirming that NCDMB had kept to its commitment of reducing its approval cycle on projects, the NLNG boss also thanked the federal government for the support they provide for the project.

He lauded the three entities that constituted the SCD consortium – Saipem of Italy, Japan’s Chiyoda and Daewoo of South Korea for delivering the FEED and participating in the EPC tendering.

He confirmed that the issuance of the LoI moved the NLNG even closer to the Final Investment Decision (FID) as the ceremony is the declaration of intent and commitment to the contractors who will go forward with the project. Train 7 will move the company from 22-million-tons capacity from its six trains currently to 30 million tons, essentially about 35 percent increase in capacity.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Jobs/Appointments

Board Picks Malolan Sampath as Champion Breweries CEO After Adoga’s Exit

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Malolan Sampath

By Aduragbemi Omiyale

Mr Malolan Sampath has been appointed as the new chief executive of Champion Breweries Plc, effective September 1, 2026.

The appointment of a new chief executive was approved by the board of the brewery giant following the resignation of Mr Inalegwu Adoga.

To ensure continuity during the transition pending Mr Sampath’s assumption of office, the board has appointed Mr Rasheed Ademola Adebiyi, Executive Director of Finance, to take charge of the affairs of the organisation.

In a statement, the board said it remains committed to the highest standards of corporate governance and to delivering a seamless leadership transition and sustainable value to shareholders and other stakeholders.

The new Sheriff in town, expected to take over next quarter, was described as an accomplished executive with over 26 years of international leadership experience across the beverage, FMCG, manufacturing and agro-industrial sectors, having built and led businesses up to $500 million in scale.

His beverage and brewing experience includes serving as Managing Director of Unique Beverages in Angola and as Sales & Marketing Director for a PepsiCo bottling franchise, in addition to earlier brewing-sector experience.

Most recently, he held the dual role of Managing Director (NPK Joint Venture) and Chief Marketing Officer at Indorama Eleme Fertilisers in Nigeria and previously served as Chief Executive Officer of Global Industries Limited, a Wilmar International joint venture in Zambia.

He holds a Postgraduate Diploma in Management (MBA) from the Symbiosis Centre for Management & HRD, Pune, and a Bachelor of Business Administration from the University of Chennai.

The board expressed confidence that his expertise in manufacturing excellence, commercial execution and business transformation will support the company’s strategic objectives and long-term growth.

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Julius Berger Appoints Muiz Banire, Chinazo Okoye to Board

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muiz banire

By Aduragbemi Omiyale

Erudite legal practitioner, Mr Muiz Banire (SAN), has been appointed to the board of a construction giant, Julius Berger Nigeria Plc.

He joins the board of the organisation as a non-executive director, with effect from July 1, 2026, alongside Mrs Chinazo Okoye, who is an alternate director to Dr Ernest N. Azudialu-Obiejesi.

A statement from the company secretary, Ms Cecilia Ekanem Madueke, said Mrs Okoye is a graduate of the University of Michigan, Ann Arbor, Michigan, USA, and holds a Bachelor of Science in Mechanical Engineering, Master of Engineering Degree in Mechanical Engineering from the Cornell University, Ithaca, New York, USA, and a Master of Science Degree in Professional Accountancy from the University of London, London, UK.

She is a Chartered Certified Accountant (ACCA) of the Association of Chartered Certified Accountants. She has worked in various positions in various companies and is currently the Managing Director of Amaranta Trading Limited.

As for Mr Banire, he is a graduate of the University of Lagos and holds a Master of Laws Degree as well as a Doctor of Philosophy Degree from the same university.

He was called to the Nigerian Bar in 1989. He also holds a Master Certificate in the Arbitration Master Course from the Lagos Court of Arbitration Training Institute. He was admitted to the Inner Bar and conferred with the rank of Senior Advocate of Nigeria (SAN). He is a Member of the International Bar Association, the Institute of Chartered Secretaries and Administrators, an Associate Member of the Chartered Institute of Arbitrators, a Fellow of the Institute of Transport Administration of Nigeria, and the Nigerian Institute of Management. He is registered with the Law Society of England.

He had served in various capacities in the Legal profession, academic community and publicly. He was conferred with the National Honour of the Officer of the Order of the Niger (OON).

He is the Founder and Principal Partner, M. A. Banire & Associates, Member of the Board of Trustees, Fountain University, Osogbo, Osun State, and Pro-Chancellor of the University of Uyo, Akwa Ibom State.

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Access ARM Pensions Appoints Sa’adu Jijji as Chief Executive

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Sa’adu Jijji

By Adedapo Adesanya

Access Holdings Plc appointed Mr Sa’adu Jijji as the new chief executive of Access ARM Pensions Limited, its pension subsidiary.

The appointment has received all necessary regulatory approvals, including the board of Access ARM Pensions, reflecting the group’s continued focus on deepening leadership capacity across its subsidiaries and reinforcing its position in Nigeria’s pension industry.

Mr Jijji obtained a Master of Business Administration (MBA) from the Saïd Business School, University of Oxford and a bachelor’s degree in Business Administration.

He is a seasoned executive with over two decades of experience in the financial services sector, spanning pension fund administration, investment management, actuarial consulting, and corporate strategy.

Mr Jijji has held senior leadership roles at Premium Pension Limited, Alexander Forbes Consulting Actuaries Nigeria and Pension Alliance Limited (PAL Pensions), where he served as acting managing director.

Also, his appointment underscores Access Holdings’ commitment to delivering long-term value to retirement savings account holders and other stakeholders, while advancing its broader strategy of building globally competitive financial services businesses.

In 2024, Access Pensions Limited acquired a majority stake in ARM Pensions Managers Limited to create Nigeria’s second-largest Pension Fund Administrator by Assets Under Management.

At the time, the then-Group Chief Executive, Access Holdings, Mr Herbert Wigwe, said, “We are pleased to have reached this transformative milestone in our pension fund administration journey. The proposed combination of ARM Pension with Access Pensions will not only create sustainable stakeholder value but will also contribute positively to the growth and development of the pension industry.”

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