Business
NCDMB Performs Groundbreaking Of Pipe Manufacturing Plant At Polaku
Precious Adelola
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has performed the groundbreaking ceremony of a pipe manufacturing plant at Polaku Bayelsa State, being promoted by AS Energies Limited.
The plant would manufacture Glass Reinforced Epoxy (GRE) and Glass Reinforced Plastic (GRP) pipes and has an estimated investment outlay of about N7.04 billion ($8.8million).
Speaking at the event which held last week, the Executive Secretary commended the Management of AS Energies Limited and its subsidiary, African Star Manufacturing Services Ltd, on the successful take-off of the construction work on the pipe manufacturing plant.
He noted that the project is in line with the mission statement of NCDMB: “to promote the development and utilization of in-country capacities for the industrialization of Nigeria through the effective implementation of the Nigerian Content Act’’
He further described the ongoing construction activities as a dream come true for the Polaku community as plans for a pipe manufacturing mill in the area had been on the drawing board for a decade. He said the Polaku community and the Gbarain Clan, generally are blessed, given the concentration of strategic industries in the area and indications that others would be there.
Some of the firms that are in the locality include the Shell Gas Gathering Plant, Azikel Refinery (a modular hydro-skimming processing plant), the US$45 million Types 3 LPG Composite Cylinder Manufacturing Plant, owned by Rungas Prime Industries Limited, and Eraskon Nigeria Limited.
Engr. Wabote said the Pipe Manufacturing Plant is a testament to the giant strides in local content drive in the country, while assuring AS Energies Ltd that the NCDMB would give due consideration to its request for support. He equally enjoined the company’s Management to explore available financing options so as to ensure project delivery on schedule.
The NCDMB boss expressed delight that AS Energies’ pipes will be produced to meet the regulatory standards such as: ISO 9001- Quality Management System Requirements; ISO 14001 – Environmental Management System Standard; & BS 18001 – Occupational Health & Safety Management System Standard,
In a welcome address, the Managing Director/Chief Executive Officer of AS Energies Ltd, Engr. Gbenga Olaniyan, said the choice of Polaku as site for the US$8.8 million project is deliberate, as the company seeks to be a development partner in the area. He expressed profound appreciation to the State Government, the NCDMB Management, and the host community for the encouragement as his company initiated moves toward actualising its plans.
Engr. Olaniyan assured that AS Manufacturing Services Ltd would integrate the community in its operational plans and activities, adding that one of its cardinal principles is to source essential materials locally in advancement of Federal Government’s drive for in-country value addition. He expressed confidence that the construction phase of the plant would be completed within 12 months, giving way to actual production.
In his own remarks, the Managing Director, AS Manufacturing Services Ltd, Mr. Augustine Taribene, described the pipe manufacturing plant as “echo-friendly,” stating that the company has a waste management policy and strategy that would keep the environment free of any form of pollution. According to him, “We want to ensure that whatever we do will not hurt the environment.” Besides, company policy is to establish a workshop to guarantee that operational tools and spares are produced locally and not imported.
According to the company, the Glass Reinforced Epoxy (GRE) and Glass Reinforced Plastic pipes are more resistant, lighter, less corrosive, and more durable than conventional carbon steel pipes in use, meaning reduced maintenance cost.
Also speaking, the Ibenanaowei of Ekpetiama Kingdom, His Royal Majesty, King Bubaraye Dakolo, Agada IV, expressed pleasure at the physical presence of the company in the community, and thanked the NCDMB for wonderful work it has done facilitating the establishment of major indigenous firms in the State.
The monarch urged the Management of the company to avoid the practices of international oil companies (IOCs) in the Niger Delta that have done very little to assist in development of host communities, but have rather been engaged in divide-and-rule and causing intra- and inter-communal crises. He assured them of the full support and cooperation of the community if they take the community along in their operations.
A spokesman for the Polaku community, Chief Kenigua Dinikpite, welcomed the company into their midst, assuring them of peace and the full cooperation of their indigenes. He expressed hope that AS Manufacturing Services Ltd would abide by NCDMB’s Community Content Guideline, which stipulates obligations of corporate organisations to host communities and expectations from communities to to create a conducive work environment for the firms.
The presence of the plant, which is the first of its type in Nigeria, is expected to facilitate technology transfer in pipe manufacturing technology and development of a variety of skills among the local population.
Business
Content Creation Can Buy 4 Lamborghini’s – Comedian Josh2Funny Reveals
Nigerian comedian and popular skit maker, Chibuike Josh Alfred, known by his stage name Josh2Funny, has shed light on the profitability of the content-creating industry.
In a recent interview with Echo Room, Josh2Funny highlighted the impressive financial potential that content creators can achieve, noting that it is possible for them to comfortably afford multiple luxury cars, including up to four Lamborghini vehicles.
Speaking candidly, Josh2Funny emphasised that content creation has become an extremely lucrative field due to the constant demand for fresh and engaging material. “If you want to buy four Lamborghini from content creation, you can buy it,” he said.
His remarks underscore the significant revenue opportunities available in the digital content landscape.
Josh2Funny explained that the continuous consumption of online content is what drives its profitability. “What do you think we are doing in the content-creating industry? Are we joking? You all are with your phones, when you’re in the bathroom, when you’re [using the restroom], you’re consuming our stuff. It’s like pure water,” he stated.
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The comedian further elaborated that businesses or industries that deliver products consumed on a daily basis often see the most substantial financial returns. Content creation, with its high rate of daily consumption by audiences worldwide, aligns perfectly with this model.
“People are out there, consuming our content every time,” he said, reinforcing the idea that the reach and influence of content creators have never been more extensive.
Josh2Funny’s insights reveal why the content-creating industry has become a lucrative career path for many in Nigeria and around the world. With the continuous growth of social media platforms and the public’s insatiable appetite for entertainment and relatable content, creators are finding new and innovative ways to monetize their craft.
This shift not only highlights the potential for significant financial gain but also showcases the evolving landscape of digital media, where influencers, comedians, and skit makers can turn creativity into a sustainable and highly rewarding business.
Business
NIVEA Black & White Invisible Roll On Deodorant Batch No. 93529610 Not On Sale in Nigeria
A safety alert notification by the National Agency for Food and Drug Administration and Control (NAFDAC) in Nigeria issued on October 31, 2024, regarding NIVEA BLACK & WHITE Invisible Roll-on deodorant (50 ml) batch number 93529610, in relation to the general European Union (EU) Rapid Alert System for Dangerous Non-Food Products (RAPEX), has come to our attention.
The batch is said to contain 2-(4-tert-Butylbenzyl propionaldehyde (BMHCA).
In a statement on Saturday, in Lagos, Beiersdorf, the owner of NIVEA brand, assured that the “the Batch No. 93529610 in question has not been marketed in Nigeria and thus never recalled”.
According to the statement, Beiersdorf was well informed that “Based on current European legislation, the use of ingredient 2-(4-tert-Butylbenzyl propionaldehyde (LilialTM) in cosmetic products has been banned from the European markets as of March 1, 2022.”
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It acknowledged that “The batch in question, in fact, expired in January 2022 and was hence at the time fully compliant with the then valid European cosmetic regulation.
“As a responsible corporate citizen, Beiersdorf is working collaboratively with NAFDAC to safeguard the interest of the Nigerian consumers by ensuring that our locally manufactured product meets the global quality standards.”
It maintained that “The safety of our consumers remains our highest priority, consistent with our ethical philosophy as a business.”
In pursuit of this commitment, Beiersdorf’s entire NIVEA product portfolio formulations have been reformulated to be Lilial-free formulas in full compliance with the EU Regulation on cosmetic products well ahead of its Lilial ban coming into effect as far back as March 1, 2022. For instance, the formulation of NIVEA BLACK & WHITE Invisible Roll-on deodorant has been Lilial-free since at least 2020 across the globe, including Nigeria.
“Our trade partners were informed ahead of time and reminded of their responsibility to remove the outdated Lilial-containing products within the legal timeframe to fulfill their obligations with the European Cosmetic Product Regulation,” it added.
Business
Shell, NNPC Ltd, Others Gift Three Universities ICT Centre, Digital Library
The Shell companies in Nigeria teamed up with the Nigerian National Petroleum Company Limited (NNPC Ltd) and other stakeholders to build Information Communication Technology (ICT) centres and a digital library in Nigerian universities in 2024.
Biztellers reports that it initiative is part of their continuing support for education.
Some of the corporate bodies that executed the projects include the Shell Nigeria Exploration Production Company Limited (SNEPCo) and NNPC Ltd, and the Nigerian Content Monitoring and Development Board (NCDMB).
The benefiting institutions were, the Niger Delta University, Amassoma, Bayelsa State, which got a digital library in April, the Sa’adu Zungur University (formerly Bauchi State University), Gadau in Bauchi State, where an ICT Centre was commissioned in July, by The Shell Petroleum Development Company of Nigeria Ltd (SPDC) as part of the Joint Venture with NNPC, TotalEnergies and NAOC.
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In what would sound like singing-off on the educational intervention initiative for 2024, the Federal University of Technology, Owerri (FUTO), overflew with joy at the unveil of a world-class engineering design studios and ICT hub, courtesy of the SPDC, NNPC Ltd and other Joint Venture partners collaborated with NCDMB.
Reflecting on the three facilities, Country Chair, Shell Companies in Nigeria, and Managing Director, SPDC, Osagie Okunbor, said, “This is Shell working to power lives in Nigeria. The projects have changed the academic and physical landscapes in the three universities and linked the students and lecturers to the global learning arena.”
The facilities at FUTO include two state-of-the-art engineering design studios and a fully furnished 100-seater ICT lecture hall, equipped with computers and smartboards with dedicated power and water supplies. FUTO was selected for the project as part of the “institutional strengthening” in the catchment area of SPDC’s Assa North Ohaji South Gas Development Project. They were launched at a colourful ceremony attended by representatives of the Imo State Government and principal officers of the university.
Imo State Governor, Hope Uzodinma, represented by the Commissioner for Digital Economy and E-Government, Dr. Chimezie Amadi, said, “We deeply appreciate the efforts of our partners in NNPC, SPDC, Total Energies, and NAOC JV, who have invested in the future of Imo State by supporting this critical project. Your commitment to human capacity building aligns perfectly with our goals, and together, we will continue to drive innovation, skills development, and sustainable economic growth for our people.”
Okunbor’s address at the commissioning was read by General Manager, External Relations, Igo Weli, in which he expressed happiness “that the collaboration of SPDC, Joint venture partners, NCDMB, and FUTO has resulted in this successful social investment project that demonstrates our commitment to improving access to quality education for every Nigerian.”
On his part, the Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe, called on Nigerian institutions to domesticate the advancements in AI and other technologies.
“Our AI must understand Igbo, Hausa, Efik, Yoruba, and other local languages,” he said, speaking through Dr. Ama Ikuru, the Director in charge of Capacity Building.
“We must leapfrog the innovations of other nations and become a net exporter of advanced technology to achieve the lofty ideals of Nigerian content development,” he added.
The Chief Upstream Investment Officer, NNPC Upstream Investment Management Services, Bala Wunti, said in his address which was read by the Senior Advisor Stakeholders Relations, Halimat Wilson, “Innovation thrives in an environment where ideas can be freely exchanged and developed. The Engineering Studio and ICT Hub is designed to be such a place where students, researchers, and faculty can collaborate on projects, share knowledge, and push the boundaries of what is possible.
Welcoming guests earlier, FUTO Vice Chancellor, Prof Nnenna Oti, thanked the sponsors of the project “for a landmark donation” to the university.
The Shell Companies in Nigeria have been education since the 1950s through scholarships and other initiatives. These efforts have resulted in the award of thousands of secondary, undergraduate and postgraduate scholarship awards, provision of educational infrastructure and establishment of sabbatical and internship programmes as well as centres of excellence in several universities.