Energy
NCDMB Emerges Best MDA In Ease Of Doing Business Ranking
By John Mommoh
The Nigerian Content Development and Monitoring Board (NCDMB) has been adjudged as the best among all Ministries, Departments, and Agencies in the country in the latest Executive Order (EO1) performance ranking for Ease of Doing Business from January to June 2022.
The report is compiled by the Presidential Enabling Business Environment Council (PEBEC), under the office of the Vice President, Federal Republic of Nigeria.
NCDMB came tops with 81.48 percent, according to the report, released officially on Tuesday in Abuja.
PEBEC was established in 2016 by President Muhammadu Buhari to address bottlenecks and bureaucratic constraints to executing business in Nigeria.
The implication of this performance ranking shows that NCDMB has delivered service in a quality, efficient and effective manner in the past six months to its diverse stakeholders.
Over the years, the Board has moved from the 27th position in 2019 to the most improved MDA in the country and the 3rd position in 2020, and presently the 1st in the country.
Commenting on the report, the Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote explained that the “trend of the positions the Board has been ranked shows the impressive level of work we have put into delivering quality service over the years. With the right attitude, training, and support, we have achieved the number one spot.”
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He challenged the staff of the Board that “whom much is given, more is expected. We would not rest on our oars and we will continue to give our utmost best and commitment to delivering quality service to our stakeholders and also explore areas of improvement.”
The Executive Secretary thanked the Directors, General Managers, Head of Departments, and staff of the Board, especially the Director of Monitoring and Evaluation, Mr. Akintude Adelana, and his team which includes the SERVICOM Team, the front desk staff, PEBEC reform champion and reform agents.
By this emergence as the top agency in the Ease of Doing Business Ranking, the NCDMB accomplished the target set by the Executive Secretary in June 2021 when he signed the Board’s SERVICOM Service charter.
He stated at the event that NCDMB is passionate about service delivery, and this is evident in the diligent and professional way the staff discharge their statutory responsibilities to the oil and gas industry and execute all Board’s activities.
He asserted that as part of the Board’s efforts to continuously improve service delivery, it trains the staff to improve their skills and competencies.
He hinted: “we want to be the number one government agency in the country, and we are working towards it.
To achieve this, we are investing in our people, our service delivery, and the turnaround time in everything that we do.”
Wabote mentioned that the Board signed Service Level Agreements (SLAs) with key stakeholders in the oil and gas sector to ensure promptness and effectiveness in the delivery of its statutory responsibilities.
He said: “At some point, we challenged the oil and gas industry that we have a 15-day rule that anything they send to us and they do not get a response within 15 days, they should assume that it has been approved. Nobody has been able to take us to task on it because we meet the SLA that we signed.”
Energy
Dangote Partnership: MRS Urges Nigerians To Insist On N935/Litre Petrol Price Nationwide
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.
ALSO READ: Dangote Slashes PMS Price To N899.50k
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.”
Energy
FDI: Shell To Invest Billions Of Dollars On Nigeria’s Bonga North Oil Field
As a direct implication of the Federal Government’s Foreign Direct Investment drive, the Royal Dutch Shell has completed the final investment decision on the deep offshore Bonga North project in Nigeria.
Biztellers reports that the Bonga North will be a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility which Shell operates with a 55% interest.
Shell’s Integrated Gas and Upstream Director, Zoë Yujnovich, said, “This is another significant investment, which will help us to maintain stable liquids production from our advantaged Upstream portfolio”.
ALSO READ: OGUNCCIMA Commends Dangote Refinery’s Impact
It was gathered that the Bonga North project involves drilling, completing, and starting up 16 wells (8 production and 8 water injection wells), modifications to the existing Bonga Main FPSO and the installation of new subsea hardware tied back to the FPSO.
The company is optimistic that the project will sustain oil and gas production at the Bonga facility.
The Bonga North currently has an estimated recoverable resource volume of more than 300 million barrels of oil equivalent (boe) and will reach a peak production of 110,000 barrels of oil a day, with first oil anticipated by the end of the decade.
In addition, the Bonga North will help ensure Shell’s leading Integrated Gas and Upstream business continues to drive cash generation into the next decade.
Energy
Chevron Nigeria Bags ‘Energy Company Of The Year For Environmental Sustainability And CSR
Chevron Nigeria Limited (CNL), has received an award as “Energy company of the year (2024)” for its Environmental Sustainability and Corporate Responsibility accomplishments.
The award presented by the Nigerian News Direct newspaper, on Friday December 6, 2024, and was received by Manager Communications, Chevron Nigeria and Mid-Africa Business Unit, Victor Anyaegbudike, at a colourful event at the Grand Ballroom of the Oriental Hotel, Lagos.
ALSO READ: Stakeholders Hail NCDMB As Local Content Level Hits 56%
The organizers of the award noted that Chevron has implemented the “Protecting People and the Environment” policy, which aims at preventing injuries, illnesses, and environmental incidents. They also referenced that the company has achieved 97% gas flaring reduction in its operations in Nigeria, while implementing waste management and environmental conservation programs.
According to the media organization, Chevron Nigeria has also invested millions of dollars in community development programs, supporting education, health and economic development initiatives that have benefited thousands of people, while ensuring diversity, inclusion, and employee engagement in its business operations.
Receiving the award from the Lagos State Commissioner for Information and Strategy, Gbenga Omotosho, Anyaegbudike thanked the organizers for the honour, and reiterated Chevron’s commitment to continue to develop, affordable, reliable and ever-cleaner energy that enables human progress around the world.