Energy
Buhari To Confer Excellence in Public Service Award on Wabote
The outstanding performance by Engr. Simbi Kesiye Wabote as the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) is set to be recognised and celebrated again as he has been nominated for the “Distinguished Capacity Development Award” at the forthcoming Nigeria Excellence in Public Service Awards, to be conferred by President Muhammadu Buhari.
According to a letter signed by Dr. Nnamdi Maurice Mbaeri, Permanent Secretary, General Services Office of the Secretary to the Government of the Federation, the award will be bestowed on Engr. Wabote and other deserving Nigerians in different categories at a ceremony scheduled for the State House Conference Centre, Abuja on October 21.
According to feelers from the Presidency, the Executive Secretary is getting the award for the outstanding strides he accomplished, particularly in human and infrastructural capacity development since he was appointed as the helmsman of NCDMB in September 2016 and got reappointed in 2020.
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The accomplishments are in furtherance of the mandate of NCDMB, as enshrined in the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. They include providing capacity-building opportunities for over 13,000 Nigerians in various skill areas resulting in over 12 million training manhours and championing the construction and commissioning of NCDMB 17-Storey Headquarters with a 1000-seater conference auditorium and multi-level car park in Yenagoa, Bayelsa State. The edifice was constructed in five years by an indigenous contractor and provided opportunities for artisanal skills development and capacity-building for Nigerians as well as creating over 250 employment positions for the host community.
Other notable achievements recorded by Wabote in the past six years include the successful partnership with Waltersmith Refining and Petrochemical Company Limited to develop and commission a 5000 barrels per day (bpd) modular refinery in Ibigwe, Imo State, and investments in modular refineries like Azikel Group12,000 bpd hydro-skimming modular refinery in Polaku, Bayelsa State; Atlantic International Refinery’s 2000 barrels plant in Brass, Bayelsa State, and Duport Midstream’s 2,500bpd modular refinery in Edo State. These investments created over 3000 jobs in the refining value chain and ensured value addition to Nigeria’s crude oil, grew our domestic refining capacity and curbed pipeline vandalism.
The successes in capacity development also extend to the construction of two oil and gas parks in Bayelsa and Cross River States – designed to spur the manufacturing of critical oil and gas equipment, tools and spare parts in Nigeria. The parks are due for completion in Q1 2023 and would create over 2000 jobs each.
He also championed the construction and donation of an ultra-modern vocational school to the University of Ibadan and renovated and equipped the Government Technical College Abak, Akwa Ibom and Technical College Amoli, Awgu Local Government Area, Enugu State.
The Executive Secretary also championed the donation of over 35 ICT centres and science labouratories to secondary schools across the country to enhance the quality of Information, Communication Technology (ICT) and Science, Technology, Engineering and Mathematics (STEM) education.
Under his leadership, NCDMB grew the Nigerian Content Intervention Fund to a US$500m Fund and disbursed it effectively as credit to Nigerian oil and gas service companies and community contractors, with single-digit interest. This enabled local oil and gas service companies to build human and technical capacities to provide hi-tech services in the oil and gas industry, compete effectively with their international counterpart and create thousands of jobs for Nigerians.
Other standout achievements include the partnership with investors to catalyse critical projects in the gas value-chain, in line with President Muhammadu Buhari’s declaration of the year 2021 – 2030 as Nigeria’s Decade of Gas. Some of the NCDMB’s third party investments under his leadership include LPG Composite cylinders manufacturing facilities; Gas Processing Plants; Gas Gathering hub and LPG Storage and Loading Terminal Facilities. The Board is also partnering with investors to establish gas processing plants, Inland LPG terminal and Smart Gas/Smoke Detector Alarm devices and a Base Oil Production plant.
Prior to this award, the Executive Secretary has been conferred with several international and national awards, including a global award conferred by the organizers of African Oil Week (AOW) in November 2018 for his outstanding contributions to sustainable local content development in Nigeria and across the African oil and gas industry.
He was also honoured in August 2019 as the Transformational Business Leader in Public Sector by the Business Leadership Awards, organised by the BusinessDay Newspapers and bagged the Local Content Development Achievement Award from the Oil and Gas Trainers Association (OGTAN) in April 2018 in recognition of the remarkable achievements he led the Board to record in less than two years of his assumption of duty.
He was equally recognised as the Regulator of the Year at the 2021 Vanguard Personality of the Year Award and received the African Local Content Icon Award by the 2021 African Business Leadership Awards (ABLA) organized by the African Leadership Magazine.
Amid a slight increase in gas production, Nigeria’s oil output experienced a substantial rise in November 2024.
Gas production saw a 2.9% month-on-month (MoM) increase, reaching 2,292,951 million standard cubic feet (MSCF) from 2,292,471 MSCF in October.
However, on a year-on-year (YoY) basis, the growth was minimal, with a mere 0.02% increase in output for the first 11 months of 2024, compared to the same period in 2023.
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The latest gas report from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) also revealed a 1.6% increase in domestic gas consumption.
A total of 606,658 MSCF was consumed locally, compared to 596,861 MSCF during the same period in 2023. Gas exports, meanwhile, rose by 6.9%, reaching 829,156 MSCF, up from 775,547 MSCF in the corresponding period of 2023.
This growth in exports continues to play a vital role in bolstering Nigeria’s foreign exchange earnings.
Despite these positive figures, sources close to the Ministry of Petroleum Resources (Gas) noted that oil remains the dominant force in Nigeria’s energy sector, with gas taking a secondary role.
On the other hand, the NUPRC’s oil production report revealed a remarkable surge.
Nigeria’s oil output, including condensates, rose by 13.3% year-on-year in November 2024, reaching 1.7 million barrels per day (bpd), up from 1.5 million bpd in November 2023. Month-on-month, oil production also increased by 10%, from 1.5 million bpd in October 2024.
Dr. Muda Yusuf, CEO of the Centre for the Promotion of Private Enterprises (CPPE), discussed the broader structural dynamics within Nigeria’s economy, highlighting the dominance of the non-oil sector.
In his 2025 Outlook, Dr. Yusuf noted that the non-oil sector contributed 94.43% to Nigeria’s GDP in Q3 2024, while the oil sector accounted for just 5.57%.
“However, the economy is characterized by a paradox of the oil sector contributing an estimated 90% of foreign exchange earnings, while the non-oil sector accounts for about 10%,” Dr. Yusuf said.
“This is a structural shortcoming in our economy which needs to be addressed, as sectors that contribute hugely to GDP have no corresponding contribution to foreign exchange earnings.”
He further emphasized the need to address the challenges faced by the non-oil sector, which include issues related to productivity, infrastructure, funding, and regulatory constraints.
“The policy implication is that more should be done to fix the challenges of productivity and competitiveness of the non-oil sector of the economy,” Dr. Yusuf added
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that the 125,000-barrel-per-day Warri Refining & Petrochemicals Company (WRPC) in Warri, Delta State, has become operational.
This is coming about a month after the commencement of operations at the 60,000-barrel-per-day-old Port Harcourt Refinery.
The Group Chief Executive Officer, NNPC Ltd, Mele Kyari, made the disclosure during a tour of the facility on Monday.
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A video posted by Channels TV on Monday showed Kyari addressing a tour team, which included the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed.
Before the tour commenced, Kyari explained that the inspection aimed to show Nigerians the level of work completed so far.
According to him, although the repairs on the facility are not yet 100 per cent complete, operations have commenced.
He said, “We are taking you through our plant. This plant is running. Although it is not 100 per cent complete, we are still in the process. Many people think these things are not real. They think real things are not possible in this country. We want you to see that this is real.”
Located in Ekpan, Uwvie, and Ubeji, Warri, the petrochemical plant produces 13,000 metric tonnes per annum (MTA) of polypropylene and 18,000 MTA of carbon black.
Commissioned in 1978 and managed by NNPC Ltd, the WRPC was built to supply markets in the southern and southwestern regions of Nigeria.
The mechanical completion of the facility was initially scheduled for the first quarter of 2024, according to the Spokesperson of the NNPC Ltd, Olufemi Soneye.
“Warri should be done by Q1 (first quarter) 2024,” Soneye stated.
The WRPC is one of Nigeria’s four refineries. Others include the old and new Port Harcourt Refining Company in Rivers State and the Kaduna Refining and Petrochemical Company in Kaduna State.
MRS Oil Nigeria Plc, a prominent player in the Nigerian downstream oil industry, has implemented a new petrol price of N935 per litre across all its retail service stations nationwide.
The company has also called on Nigerians to monitor and report any outlets that fail to adhere to the new price structure.
Biztellers reports that this is consequent upon an announcement by the President of Dangote Industries Limited, Aliko Dangote, that the Dangote Petroleum Refinery has partnered with MRS Oil and Gas to offer petrol at N935 per litre at retail outlets, following a reduction in the ex-depot price from N970 to N899.50 per litre.
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It was gathered that MRS Oil Nigeria Plc has instructed all its outlets to implement the new price immediately, setting up a digital platform and monitoring team to ensure full compliance.
In a statement on Monday night, the company declared, “Petrol is now being sold at N935 at MRS Filling Stations nationwide. If you find any station not following this price, please report it. Call 08009447853 or email: NG-FMKPMGWHISTLEBLOWING@NG.KPMG.COM”
Emphasising the eco-friendly nature of its products, MRS Oil added, “We call on all petrol station owners to join MRS Oil Nigeria Plc in improving the supply chain of our beloved country, ensuring product quality and availability in every corner of Nigeria for the benefit of all Nigerians.”
In Lagos, commuters were seen queuing at MRS filling stations to purchase petrol, with many expressing their gratitude to the Dangote Petroleum Refinery and MRS Oil and Gas, urging other marketers to support the indigenous refinery rather than import off-spec products into the country.
A commuter at the MRS station at Alapere on the Lagos Ibadan Express way, Ibukun Phillips, could not hide her joy as her husband filled up their car.
“I am very happy today. This is a victory for Nigeria,” she said. “The price reduction is the best gift of the season. But beyond just the reduction, we are buying standard, eco-friendly petrol at a lower rate. My husband and I have decided we will only be using MRS from now on because we are confident in the quality of the product and supporting the economy.”
A commercial bus driver, Adio Ajibade described the price reduction as a great relief, especially during the festive season.
“The reduction is a great relief. It will reduce transportation costs and benefit Nigerians. God will continue to bless Alhaji Aliko Dangote,” he said.
A public affairs analyst and university lecturer, Dr. Tunde Akanni, said the collaboration between Dangote Petroleum Refinery and MRS Oil represents a significant step towards improving the affordability, quality, and sustainability of petroleum products in Nigeria.
According to Dr. Akanni, “this move will not only help ease the financial burden on Nigerians but also promote a more environmentally conscious approach to fuel consumption, benefitting both the economy and public health in the long term.”
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