Business
FG launches Nigerian made Barites, set to ban importation by 2022
Precious ADELOLA
ABUJA-THE Nigerian Content Development and Monitoring Board (NCDMB) and the Ministry of Mines and Steel Development on Thursday officially launched made in Nigerian Barites that has met specifications for use in the oil and gas industry, mostly in drilling operations.
The Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote performed the launch in Port Harcourt, Rivers State, in company with the Minister of Mines and Steel Development, Arc Olamilekan Adegbite, Minister of State for Mines and Steel Development, Dr. Uche Sampson Ogah.
He also announced that imported barites would no longer be allowed for use by the Nigerian oil and gas industry from 2022.
He expressed delight at the alignment of objectives by the Ministry of Petroleum Resources and Ministry of Mines and Steel Development in supporting the attainment of the aspirations of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.
He hinted that the utilization of locally produced Barites and Drilling Fluids in the Nigerian Oil and Gas Industry was in line with the Federal Government’s commitments towards maximum optimization of local content and diversification of the Nigerian economy and would create huge value addition and opportunities to drive the sustainable and competitive growth of the Nigerian economy.
He recalled that the Board had issued a Guideline in May 2021 where it approved four firms for the supply of Barites required for any drilling project or contract in the Nigerian oil and gas industry. The Board also listed 10 other companies that would be upgraded to Category A NCEC, as soon as they meet the requirements of the Guideline for the Utilization of Locally Produced Barite and Drilling Fluids in Nigerian Oil and Gas Industry.
The Executive Secretary charged the ministry and barite miners to focus on the improvement of the Health and Safety Practices at the Mines, Optimal Barite Production in volumes and to the required specification and Availability of accurate geological data.
He also emphasised the need to address Host Community issues and Environmental Practices leading to land degradation, Provision of adequate infrastructure and logistics, Improved access to financing for equipment and working capital and Patronage and utilization of Nigerian barites by Oil and gas operators and service companies.
He stated that improvements in these areas will positively impact the sustainable development of the Nigerian Barite value chain.
He assured that the Board will continue to collaborate and protect investors in the entire value chain of the Nigerian Oil and Gas Industry, adding that first and exclusive consideration will always be given to locally produced goods and services in line with the provisions of the NOGICD Act.
In his remarks, the Minister of Mines and Steel Development stated that the launch would end decades of importation of barites, affirming that the barites being launched met the API standards, which is the global specifications demanded by the oil industry. He stated that Nigeria was blessed with 47 solid minerals deposited across the country and barites was among the seven strategic minerals designated by the ministry for top priority development.
He said that barites occur within the Benue trough- Benue, Taraba, Nasarawa, Plateau, Gombe and Cross River and Zamfara in North-western part of the country.
Adegbite also announced that the Ministry of Mines and Steel Development would set up a marketplace portal that would connect all stakeholders along the barites value chain to a hub that allows easy coordination, stocking, effective costing and seamless sale of barites. He added that the ministry would coordinate the process and ensure that appropriate revenues from the process are remitted to Government.
He explained that the launch of made in Nigerian barites would increase revenue to Government through royalty payment and conserve foreign exchange spent previously in importing barites. He added that the development would also create jobs, especially in local communities where barites are mined and processed and earn Nigeria some foreign exchange when the mineral gets exported.
Business
NNPC Foundation Wins CSR Champion Award (Health)
The NNPC Foundation Limited/Gte, the Corporate Social Responsibility (CSR) arm of the Nigerian National Petroleum Company Limited (NNPC Ltd), has won the CSR Champion Award (Health) 2025 instituted by the Independent Newspapers.
Biztellers reports that the award was presented during the Silver Jubilee edition of the Independent Newspapers Awards, themed “Game Changers: Breaking Barriers and Shaping Tomorrow,” held at Eko Hotel and Suites on Saturday, 18 April 2026.
The CSR Champion Award (Health) recognises the Foundation’s work in healthcare and its broader commitment to improving lives through social investment programmes spanning health, education, environment, and access to energy.Primary & Secondary Schooling (K-12)
The recognition follows a series of health initiatives delivered by the Foundation, including free cataract screening and surgeries that restored sight to over 6,000 Nigerians, including minors born blind; cancer and glaucoma interventions; medical outreaches to underserved communities; renovation and furnishing of three wards with 100 beds at the National Orthopaedic Hospital, Igbobi; partnership and sponsorship of heart surgeries; and provision of dental health accessories to children in special schools, among others.
The NNPC Foundation noted that these results were made possible through the leadership and support of the NNPC Ltd. Management team, whose commitment has continued to strengthen the Foundation’s capacity to deliver social investments across the country.
Reacting to the award, the Managing Director of NNPC Foundation, Emmanuella Arukwe, described the recognition as a validation of the Foundation’s work and the trust placed in it by Nigerians. She noted that the award means so much to the company because it represents the confidence Nigerians have placed in its work and the value they see in purposeful social investment.
“It speaks to the resilience of the communities we serve, the dedication of our team, and the strength of partnerships that have enabled us to do meaningful work in health, education, environmental sustainability and access to energy,” she added.
In addition, Arukwe noted that “these results have also been made possible through the leadership and support of the NNPC Ltd. Management team, whose backing has been instrumental to the success of the Foundation’s work. We receive this award with gratitude, and with a renewed sense of responsibility to do more and reach further across the country.”
The NNPC Foundation Limited/Gte remains committed to advancing health interventions that improve outcomes and contribute to national development.
Business
NNPC Ltd, Algeria’s Sonatrach Ink MoU for Research, Innovation
The Nigerian National Petroleum Company Limited (NNPC Ltd), through its Research, Technology and Innovation (RTI) Division, in collaboration with the Petroleum Technology Development Fund (PTDF), has signed a Memorandum of Understanding (MoU) with Sonatrach, the Algerian National Oil Company, for cooperation in research, development, and innovation.
The agreement, signed by NNPC Ltd’s Executive Vice President, Business Services, Sophia Mbakwe, and Sonatrach’s Managing Director, Khodjah Mohamed, establishes a formal framework for joint work in research and technology exchange between the two national oil companies.
This was contained in the press statement issued on Thursday by Chief Corporate Communications Officer Mr. Andy Odeh.
According to the statement, the agreement, held during the opening ceremony of the 3rd Meeting of the African Petroleum Producers’ Organization (APPO) Forum for R&D Directors at the PTDF Tower in Abuja, Nigeria, brought together research and development directors from APPO member countries.
Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, represented by former Secretary General of APPO, Omar Farouk Ibrahim, said the forum was one of four measures introduced by APPO to address challenges from the global energy transition, which center on funding, technology, and markets.
“The R&D forum tackles technology and expertise needs, the African Energy Bank addresses funding constraints, and the Central African Pipeline System supports regional oil and gas market integration,” Lokpobiri stated.
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Earlier in his remarks, Group Chief Executive Officer, NNPC Limited, Engr. Bashir Bayo Ojulari, represented by the Company’s Chief Financial Officer, Adedapo Segun, said research and development must form a central part of the overall strategy in the African oil and gas industry.
He called for research and development centres to function as engines of industrial competitiveness. “Collaboration in research and development is of strategic importance. The cost of innovation might be high, but the cost of obsolescence would be greater,” he stressed.
Ojulari called for a unified strategic framework through which resources could be pooled, data integrated, and risks shared across member countries.
He further urged the rapid adoption of digital technologies, artificial intelligence, and advanced engineering to improve upstream, midstream, and downstream operations.
On his part, the APPO Secretary General, Farid Ghezali, urged African petroleum-producing countries to ensure research in the oil and gas sector produced solutions that are practical and directly relevant to the continent. “We must ensure that our research delivers solutions that are practical and of direct use to Africa,” he stated.
Also speaking, the Executive Secretary of the Petroleum Technology Development Fund (PTDF), Prof. Shu’aibu Shehu Aliyu, highlighted the value of the partnership between NNPC Limited and PTDF in supporting decarbonization and environmental protection efforts across APPO member countries.
Chief Innovation Officer of NNPC Research, Technology and Innovation and incoming Chairman of the APPO R&D Directors Forum, Rasheed Ojulari, said the forum would give immediate priority to joint programs in the core areas of upstream optimization, artificial intelligence, decarbonisation processes, and industrial systems development.
Business
NGA Calls for Risk Reduction Policies to Lift Oil, Gas Industry
The Nigerian Gas Association (NGA), has opined that a predictable fiscal and regulatory environment are ingredients essential to de-risking investments and accelerating project delivery in the oil and gas sector.
This was detailed in a statement released by NGA at the end of its maiden Legal Forum emphasised that investor confidence will be shaped by the robustness of commercial and contractual structures across the gas value chain, strengthened contractual clarity, and efficient dispute resolution mechanisms.
In his opening address, President of the NGA, Aka Nwokedi, underscored the urgency of aligning Nigeria’s legal architecture with its strategic gas ambitions, noting that the sector’s next phase of growth will be defined by the strength, clarity, and credibility of its regulatory environment.
“Nigeria’s gas resources present a defining opportunity for economic transformation, but realising this potential will depend on building a legal framework that is transparent, predictable, and globally competitive”, he stated.
Discussions throughout the Forum reflected a clear and consistent theme: that Nigeria’s opportunity now lies in execution.
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While the Petroleum Industry Act (PIA) has established a transformative foundation for sector reform, participants emphasised that its true impact will be determined by disciplined implementation, regulatory coherence, and institutional alignment.
The need to eliminate ambiguity and strengthen enforcement emerged as central to unlocking sustained investment.
As global energy systems continue to evolve, the Forum reinforced natural gas as Nigeria’s most strategic lever for balancing economic growth, energy security, and emissions reduction. Participants highlighted that legal and regulatory frameworks must evolve accordingly, moving beyond policy intent to embed clear, enforceable standards on carbon management, ESG obligations, and sustainability.
“In an increasingly competitive global market, such clarity will be critical in attracting long-term capital.”
The Forum also acknowledged the policy direction of the administration of President Bola Ahmed Tinubu in advancing gas development through infrastructure expansion and increased domestic utilisation.
Stakeholders noted that sustained policy stability will serve as a critical signal to both domestic and international investors evaluating long-term opportunities in Nigeria’s gas sector.
Beyond its technical depth, the NGA Legal Forum marked an important step in bridging the longstanding gap between legal frameworks and industry realities, creating a structured platform for continuous engagement, practical alignment, and forward-looking policy development.






