NEWS
Stakeholders to Converge at 13th Practical Nigerian Content Conference

From Mike Tayese, Yenagoa
Players in the Oil Industries, ministers of the federal republic, national assembly members, as well as oil and gas stakeholders are confirmed to attend the 2024 edition of the Practical Nigerian Content Conference and Exhibition slated for the first week of December at the magnificent Nigerian Content Tower, Yenagoa, Bayelsa State.
The theme of the event is “Deepening the Next Frontier for Nigerian Content Implementation” and it will be the 13th edition of the annual conference and exhibition, a signature event hosted by the Nigerian Content Development and Monitoring Board (NCDMB) in partnership with DMG Events.
According to the programme, PNC 2024 will start on Monday, December 2, 2024, with a golf tourney at the Henry Seriake Golf and Country Club, Yenagoa and a welcome reception in the evening to be hosted by Coleman Wires and Cables at the newly opened Best Western Hotel, Swali, Yenagoa.
In a statement by the NCDMB Corporate Communications department and made available to newsmen via email on Sunday said, the formal opening ceremony will begin at 9am on Tuesday with speeches by the Executive Secretary of the NCDMB, Felix Omatsola Ogbe and goodwill messages by the Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Gbenga Komolafe, the Chief Executive, Nigerian Midstream & Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, and the Group Chief Executive Officer, Nigerian National Petroleum Company Ltd, Mele Kyari
Other top officials slated to speak at the 2024 PNC opening ceremony are the Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, the Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo, and their counterpart from the Ministry of Power, Adebayo Adelabu.
According to the statement, the Chairman, Senate Committee on Local Content, Senator Natasha Akpoti-Uduaghan and the Chairman, House of Representatives Committee on Nigerian Content Development and Monitoring, Honourable Boma Goodhead are also billed to speak at the opening day.
The first panel discussion will analyse “The Next Frontier for Nigerian Content: Divestments and Offshore Opportunities” and the cast will include the Director Project Certification and Authorisation, NCDMB, Abayomi Bamidele, alongside the Chairman, Chevron Nigeria, Jim Swartz, the Executive Director, TotalEnergies E&P Nigeria, Obi Imemba, the Group Chief Executive, Oando PLC, Wale Tinubu and the Managing Director, Aradel Holdings, Adegbite Falade.
The second panel will discuss “Evaluating Financial Strategies for Increased Local Content Implementation” and some of the discussants will include the Secretary General, African Petroleum Producers’ Organisation (APPO), Dr. Omar Farouk Ibrahim, the Managing Director, Bank of Industry (BOI), Dr. Olasupo Olusi and the Director Finance & Personnel Management, NCDMB, Ifeanyi Ukoha.
The statement further said, the second day of the conference will also feature panel discussions on topical industry issues like “Nigerian Content Beyond Borders,” “Nigerian Content from the Grass Roots: Community Capacity Development” and “From Policy to Practice: Strengthening Domestication for Economic Development.”
Major highlights of the 2024 PNC will include the unveiling of new operational policies by the NCDMB and exhibition of projects and capacities by international and indigenous operating and service oil and gas companies.
Delegates attending this year’s event can equally look forward to the gala dinners to be hosted by the Bayelsa State Government on Tuesday and by the Nigeria LNG Ltd on Wednesday, in addition to the site visit on Thursday morning to the logistics base of First Marine and Engineering Services Ltd located at Swali, Yenagoa.
NEWS
ACCI Reiterates Commitment to Partnering FG, Stakeholders to Support SMEs Partnership

The Abuja Chamber of Commerce and Industry (ACCI) has reaffirmed its commitment to partnering with government and other relevant stakeholders to refine policies that support Small and Medium Enterprises (SMEs).Mr Agabaidu Jideani, Director-General of the ACCI disclosed this in an interview in Abuja on Monday.
Jideani said that the collaboration would enhance the SMEs by providing financial support through loans or grants, adding that such efforts can help them overcome financial challenges. He said that the partnership would expand businesses, thereby helping in refining policies that could support economic growth.“Abuja remains a vibrant hub and the ACCI is committed to partnering with the government to refine policies, support SMEs and drive inclusive growth.“Supporting the SMEs will help them expand into new markets and offer them valuable expertise and guidance to improve their operations.“By partnering with government and other relevant stakeholders, business can help refine policies that support economic growth, innovation and development,”he said.Jideani said that the partnership would also ensure that policies were practical, effective and beneficial to all stakeholders.Jideani said that the ACCI had strengthened its advocacy initiative driven by the chambers’ National Policy and Advocacy Centre (NPAC) through strategic partnership with various local and international organisations.He listed the organisations to include European Union, (EU) United Nations Development Programmes (UNDP), Small and Medium Enterprise Development Agency (SMEDAN), and the Ministry of Industry, Trade and Investments.He said that the partnership had advanced data protection and creative industry growth, thereby, safeguarding sensitive information from unauthorised access, and expanding and developing industries that focus on creative expression, innovation, and intellectual property.The director-general said that the chamber”s focus on SME insurance and gender-inclusive policies underscores it’s commitment to ensuring strong development.He said that the “SME Insurance” was insurance products and services designed specifically SMEs.“These insurance policies help SMEs to manage various risks, such as insurance coverage for losses due to business disruptions and protection against claims for damages or injuries,” he said.While assessing President Bola Tinubu’s two years administration on government policies and their impact on businesses and economic growth, Jideani said that the administration pursued ambitious reforms with positive intentions.He said that the administration, anchored on the “Renewed Hope” agenda, had addressed structural inefficiencies, boost private sector growth, and positioned Nigeria as a competitive economy.According to him, the policies have, however, produced mixed results, with notable achievements tempered by significant implementation challenges.“The administration’s policies have been driven by a commitment to fiscal discipline, market liberalisation, and infrastructure development. The reforms have delivered measurable gains,” he said. (NAN)NEWS
NAF Airstrikes Destroy Terrorists’ Enclaves in Lake Chad, Eliminate Scores

The Nigerian Air Force (NAF) says the Air Component of Operation Hadin Kai (OPHK), has destroyed major terrorist enclave used as a training ground, in Bukar Meram, on the southern flank of the Lake Chad region, Borno.This is contained in a statement by the Director, Public Relations and Information, NAF, Air Commodore Ehimen Ejodame, on Monday in Abuja.
Ejodame said the operation was conducted on Monday, following credible intelligence on the plan by the terrorists to attack Marte and Monguno communities. According to him, the airstrikes resulted in the neutralisation of several terrorists as well as the destruction of key logistics infrastructure, including supply vehicles, weapons storage sites, and makeshift shelters.“Battle Damage Assessment confirmed that the strike effectively disrupted imminent threats posed to the communities of Marte and Monguno, reinforcing NAF’s proactive posture in safeguarding civilian populations and critical territories.“The NAF remains resolute in its mandate to protect the sovereignty of the nation and ensure lasting peace and security across the Northeast and beyond,” he said. (NAN)NEWS
PDP Stakeholders, Leaders Reaffirm Anyawu as Substantive National Secretary

The Peoples Democratic Party (PDP)’ Eminent Stakeholders and Concerned Leaders have reaffirmed Sen. Sam Anyawu as the duly elected and substantive National Secretary of the party.The stakeholders made the reaffirmation in a communique in Abuja on Monday, after a closed-door meeting to find a lasting solution to the lingering crisis affecting the party.
Report says that the stakeholders and the concerned leaders were drawn from the various states of the federation. Mr Nyesom Wike, Minister of the Federal Capital Territory, who read the communique said that Anyawu’s reaffirmation followed the resolutions of the stakeholders, in line with the Judgment of the Supreme Court.Wike explained that the meeting was organised to review the state of affairs of the party and the need to reinforce internal democracy, equity and justice within the ranks of the party.He said that the stakeholders resolved that the seemingly intractable crisis in the party was as a result of the inexplicable refusal of a few to adhere to the party’s constitution.He particularly referred to Section 36(1) (a) (b) and (c); Sections 47(3)(5) and 48(1)(i) and the definitive Supreme Court Judgment regarding the position of the office of the national secretary of the party.The minister expressed the stakeholders’ worry that the party was on an inevitable path to self- annihilation.This, he said, was only feasible, if urgent steps were not taken to rein in the desperate, divisive and selfish tendencies that brought the party to its knees in the lead up to the 2023 election.He added that the divisive tendencies, unfortunately, have found expression in the conduct of certain interests within the ranks of the party both at National Executive Committee (NEC), National Working Committee (NWC) and Board of Trustees levels.The minister added that, to finally arrest the inexorable drift towards extinction in the party, the PDP must, without further delay, respect the judgment of the Supreme Court.“We, therefore, unequivocally reaffirm Sen. Sam Anyanwu as the duly elected and substantive National Secretary of our great party.“In line with the provisions of our party constitution, only the National Secretary, Anyanwu, can issue notices of meeting of the National Convention, NEC, National Caucus and the NWC.“To this end, all notices not issued by him and actions founded on them, including correspondences to the Independent National Electoral Commission (INEC) are null and void and of no effect whatsoever.“Furthermore, it is clear from the constitution that only the National Convention, properly and duly constituted can remove Anyanwu as the national secretary, arising from his status as a member of the NEC of the party.“We, therefore, demand that the acting National Chairman and the National Secretary jointly issue a notice to INEC with an attached agenda for the NEC meeting of the party, being the only pathway to abide by extant laws.Wike reiterated the stakeholders’ commitment to the great party and urged all members to uphold the rule of law and respect constitutional mandate.He also called on members of the party to resist all manoeuvres aimed at destabilising the party and support the efforts of the National Reconciliation Committee headed by Sen. Bukola Saraki.The minister further said the stakeholders had resolved that the party must make an unequivocal pronouncement, zoning its presidential candidate to the South in the 2027 elections.“This is in the spirit of fairness, inclusion, federal character principles and respect for our party constitution, after the unbroken years of former President Muhammadu Buhari, who is from the north,” Wike said. Report says that some of the stakeholders at the meeting included former Gov. Ifeanyi Uguanyi of Enugu, former Gov. Samuel Ortom of Benue and former Gov. Okezie Ikpeazu of Abia.Also at the meeting were the National Secretary of the PDP, Sen. Samuel Anyanwu and former Senate Minority Leader, Sen. Philip Aduda.Former federal and state lawmakers and some zonal and state party executives among others equally attended the meeting. (NAN)