Headlines
TotalEnergies Moves to Connect New 50,000 Barrels Per Day Oilfield to Deepwater Storage

Multinational oil and gas company, TotalEnergies, has said its effort to increase oil production in Nigeria would materialise this year, disclosing that it was on the verge of connecting the 50,000 barrels per day (bpd) Ikike oilfield to the 200,000bpd-capacity Egina deepwater storage facility.
Deputy Managing Director, Deepwater District, TotalEnergies EP Nigeria Limited, Mr. Victor Bandele, disclosed this Monday in Abuja, at the Nigerian Oil and Gas (NOG) Local Content Seminar, with the theme, “Funding the Nigerian Energy Mix for Sustainable Economic Growth.”
This was just as the Nigerian Content Development and Monitoring Board (NCDMB) and the National Insurance Commission (NAICOM) urged oil and gas companies operating in the country to ensure compliance with the Nigerian Content Insurance guidelines for the oil sector.
In his presentation at the seminar, Bandele said TotalEnergies would continue to make significant investments in Nigeria, assuring that the Ikike oilfield would soon start producing.
He said the import of that commitment was that the company was fully integrated in Nigeria, adding that TotalEnergies produces more than 20 per cent of total oil output in Nigeria.
He said, “We are putting in another field into Egina this year. That field, the Ikike field, has the capacity to produce about 50,000 barrels per day. For that to have happened in 2022, it means the journey started some years back when it was rough.
“And that is the kind of delivery action that I talked about, that you will decide that because we believe in something, you must step into it regardless of the challenges.
“In Nigeria, we are present in the upstream, the midstream and the downstream. You cannot get away from us and we cannot get away from you.
“What it means is that we are fully integrated in Nigeria. As I speak, we produce more than 20 per cent of total oil in Nigeria.
“We are the second highest producer and supplier of gas to the Nigerian population and the Nigerian Liquefied Natural Gas Limited.”
Bandele said as the world continues the transition to cleaner sources of energy, it was imperative for the government to show the direction the country should go and intensify collaboration with industry stakeholders.
While noting that diversification to cleaner energies offers a lot of benefits, he said with the federal government of having set a target of providing electricity access to 80 per cent of the population by 2030, such action should spur industry stakeholders to work with the direction of the government.
He maintained that renewables and natural gas were positioned to lead the Africa’s energy consumption growth as the continent departs from the traditional use of biomass, which currently accounts for about half of the entire energy consumption.
However, the duo of the Executive Secretary of NCDMB, Mr. Simbi Wabote and the Chief Executive Officer of NAICOM, Mr. Sunday Thomas, formally presented the Nigerian Content Insurance Guidelines for the oil sector.
Wabote explained that insurance of assets and liabilities in the oil and gas industry according to Sections 49 and 50 of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act (2010) stated the requirements for players in the Nigerian oil and gas activities on the need to engage local insurance companies for insuring their assets, liabilities and so on.
He said it was in a bid to carry out its key mandate of enforcing compliance with the provisions of the NOGICD Act that the board, in collaboration with NAICOM, developed and issued the Insurance Guideline for the oil and gas industry.
He added that the guideline would contribute significantly towards promoting the development of insurance services in-country and would also drive the retention of financial spending in Nigeria, thereby contributing towards reversing capital flight.
Furthermore, he noted that the guideline would also help to create a database of all insurance programmes procured by operators, project promoters, alliance partners, and Nigerian indigenous companies, to enable the board to monitor utilisation of in-country insurance capacity.
Wabote said, “At NCDMB, we believe that any in-county value retention realised from the insurance sector will further enhance the delivery of our 70 per cent Nigerian Content target by the year 2027.
“The Implementation Framework of the Guideline highlights the specific directorates of the Board and their responsibility regarding the implementation of the insurance guideline.
“The Directorates saddled with the responsibility of interpreting and enforcing the guideline will be reaching out to you shortly to provide support and clarity to bring all parties into compliance.”
He clarified that the goal of the insurance guideline was not to create additional impediments for oil companies but to create job opportunities and in-country value retention to address threats to the country’s socio-economic stability.
Wabote, who made a presentation on, “Strengthening Nigerian Content Implementation with the Seven Ministerial Regulations,” pointed out that one of the key lessons of the events in the last one year was the need to develop and sustain local capacities and capabilities to tackle issues of energy security, food shortages, insufficient vaccines, and other socio-economic disruptions.
He said as the global outlook tends towards prioritisation of survival at sovereign level, it was imperative for every nation to put in place strategies for local content development for its economic sustenance.
“We utilise this seminar to deepen our local content practice by providing clarity, expositions, tips, and guidance to industry practitioners on provisions of the law, regulations, guidelines, tools and initiatives such as the NC Plan, NCEC, Expatriate Quota, Research and Development, NC Intervention Funds, and others,” he said.
He also urged operators in the exploration and production segment of the oil and gas industry to familiarise themselves with the seven Ministerial Regulations and ensure compliance with them as stipulated.
He listed the seven regulations, gazetted and which became effective on February 2021 as Regulation for Training in the Nigerian Oil and Gas Industry 2021:l; Regulation for Further Growth of Indigenous Capacity 2021; and Registration of Oil and Gas Professionals with Nigerian Professional Bodies 2021.
Others are Regulation for the Establishment of Operations in Nigeria 2021; Regulation for Nigerian Oil and Gas Industry Technology Transfer 2021; Regulation for Nigerian Oil and Gas Research and Development 2021; and Regulation for Nigerian Oil and Gas Industry Enforcement and Compliance 2021.
He said the seven Ministerial Regulations were meant to strengthen the implementation of Nigerian Content and would be further discussed in the upcoming panel sessions outline for this seminar.
Headlines
Noble Ladies Champion Women’s Financial Independence at Grand Inauguration in Abuja

Women from diverse backgrounds across Nigeria and beyond gathered at the Art and Culture Auditorium, Abuja, for the inauguration and convention of the Noble Ladies Association. The event, led by the association’s Founder and “visionary and polished Queen Mother,” Mrs. Margaret Chigozie Mkpuma, was a colourful display of feminine elegance, empowerment, and ambition.
The highly anticipated gathering, attended by over 700 members and counting, reflected the association’s mission to help women realise their potential while shifting mindsets away from dependency and over-glamorization of the ‘white collar job.’ According to the group, progress can be better achieved through innovation and creativity. “When a woman is able to earn and blossom on her own she has no reason to look at herself as a second fiddle,” the association stated.
One of the association’s standout initiatives is its women-only investment platform, which currently offers a minimum entry of ₦100,000 with a return of ₦130,000 over 30 days—an interest rate of 30 percent. Some members invest as much as ₦1 million, enjoying the same return rate. Mrs. Mkpuma explained that the scheme focuses on women because “women bear the greater brunt of poverty” and the platform seeks “to offer equity in the absence of economic equality.”
Education is also central to the Noble Ladies’ mission, regardless of age. Their mantra, “start again from where you stopped,” encourages women to return to school or upgrade their skills at any stage in life. The association believes that financial stability is vital in protecting women from cultural practices that dispossess widows of their late husbands’ assets, while also enabling them to raise morally and socially grounded families.
Founded on the vision of enhancing women’s skills and achieving financial stability, the association rests on a value system that discourages pity and promotes purpose. “You have a purpose and you build on that purpose to achieve great potentials and emancipation,” Mrs. Mkpuma said.
A criminologist by training and entrepreneur by practice, she cautions against idleness while waiting for formal employment. “There are billions in the informal and non-formal sectors waiting to be made,” she said, rejecting the “new normal of begging” and urging people to “be more introspective to find their purpose in life and hold on to it.”
Mrs. Mkpuma’s management style keeps members actively engaged, focusing on vocational skills and training to prepare them for competitive markets. She is exploring “innovative integration of uncommon technologies” and is already in talks with international franchises to invest in Nigeria, with Noble Ladies as first beneficiaries.
The association’s core values include mutual respect, innovation, forward-thinking, equal opportunity, and financial emancipation. With plans underway to establish a secretariat in the heart of Abuja, the group aims to expand its impact.
The event drew high-profile guests, including former Inspector General of Police, Mike Okiro, and a host of VIPs, marking a significant milestone in the association’s drive for women’s empowerment.
Headlines
NEPZA, FCT agree to create world-class FTZ environment

The Nigeria Export Processing Zones Authority (NEPZA) has stepped in to resolve the dispute between the Federal Capital Territory Administration and the Abuja Technology Village (ATV), a licensed Free Trade Zone, over the potential revocation of the zone’s land title.
Dr. Olufemi Ogunyemi, the Managing Director of NEPZA, urged ATV operators and investors to withdraw the lawsuit filed against the FCT administration immediately to facilitate a roundtable negotiation.
Dr. Ogunyemi delivered the charge during a courtesy visit to the Minister of the Federal Capital Territory, Barrister Nyesom Wike, on Thursday in Abuja.
You will recall that the ATV operators responded to the revocation notice issued by the FCT administration with a lawsuit.
Dr. Ogunyemi stated that the continued support for the growth of the Free Trade Zones Scheme would benefit the nation’s economy and the FCT’s development, emphasizing that the FCT administration recognized the scheme’s potential to accelerate industrialisation.
Dr. Ogunyemi, also the Chief Executive Officer of NEPZA, expressed his delight at the steps taken by the FCT minister to expand the economic frontier of the FCT through the proposed Abuja City Walk (ACW) project.
Dr. Ogunyemi further explained that the Authority was preparing to assess all the 63 licensed Free Trade Zones across the country with the view to vetting their functionality and contributions to the nation’s Foreign Direct Investment and export drives.
“I have come to discuss with His Excellency, the Minister of the Federal Capital Territory on the importance of supporting the ATV to succeed while also promoting the development of the Abuja City Walk project. We must work together to achieve this for the good of our nation,” he said.
On his part, the FCT Minister reiterated his unflinching determination to work towards President Bola Ahmed Tinubu’s Renewed Hope Agenda by bringing FDI to the FCT.
“We must fulfil Mr. President’s promises regarding industrialization, trade, and investment. In this context, the FCT will collaborate with NEPZA to review the future of ATV, a zone that was sponsored and supported by the FCT administration,” Wike said.
Barrister Wike also said that efforts were underway to fast-track the industrialisation process of the territory with the construction of the Abuja City Walk.
The minister further said the Abuja City Walk project was planned to cover over 200 hectares in the Abuja Technology Village corridor along Airport Road.
According to him, the business ecosystem aimed to create a lively, mixed-use urban center with residential, commercial, retail, hospitality, medical, and institutional facilities.
He added that the ACW would turn out to be a high-definition and world-class project that would give this administration’s Renewed Hope Agenda true meaning in the North-Central Region of the country.
Barrister Wike also indicated his continued pursuit of land and property owners who failed to fulfil their obligations to the FCT in his determination to develop the territory.
Headlines
Benue IDPs block highway, demand return to ancestral homes

Vehicular movement along the Yelwata axis of the Benue–Nasarawa highway was brought to a standstill on Wednesday as Internally Displaced Persons, IDPs, staged a protest, demanding immediate return to their ancestral homes.
The protesters, believed to be victims of persistent attacks by suspected herdsmen, blocked both lanes of the busy highway for several hours, chanting “We want to go back home”.
The protest caused disruption, leaving hundreds of motorists and passengers stranded.
Eyewitnesses said the displaced persons, many of whom have spent years in overcrowded IDP camps, are expressing deep frustration over the government’s delay in restoring security to their communities.
“We have suffered enough. We want to return to our homes and farms,” one of the protesters told reporters at the scene.
Security personnel were reportedly deployed to monitor the situation and prevent any escalation, though tensions remained high as of press time.
Efforts to reach the Benue State Emergency Management Agency, SEMA, and other relevant authorities for comment were unsuccessful.
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