Business
NECA: Dangote Honoured With Second Lifetime Achievement Award
. . . As Dangote Cement Wins In Chemical & Non-Metallic Products Sector
For the second consecutive year, Aliko Dangote, Africa’s foremost entrepreneur and humanist, was honoured with a Lifetime Achievement Award and accorded special recognition by the Organised Private Sector (OPS) employers in the country, under the aegis of the Nigeria Employers Consultative Association (NECA).
In a night of honour and reward for deserving member organisations, Dangote Group, the Pan-African conglomerate emerged top carting away the award in the ‘Resilience and Sustainable Growth’ category, while its subsidiary, Dangote Cement PLC was named the “Best Company in the Chemical and Non-Metallic Products Sector” during the 2022 Employers Annual Excellence Award held at the Eko Hotel in Lagos.
The Dangote Group also got a special Plaque as one of the sponsors of the 3rd edition of the NECA 2022 Annual Employers’ Excellence Awards.
The Dangote Group had won an award as the best company in the Chemical and Non-Metallic Products sector in the 2021 edition.
Chief Olusegun Osunkeye, former Chairman of Nestle Nigeria Plc. was the second personality given special recognition and honoured with the Lifetime Achievement Award at the well-attended event.
The Lifetime Achievement Award was received on the Dangote Group President’s behalf by a top management team led by the Group Executive Director, Strategy, Portfolio Development & Capital Projects, Mr. Devakumar Edwin; the Group Chief Human Resources Officer, Nglan Niat, and Director, Human Assets Management, Dangote Projects, Mr. Fola Ali. The other awards were also received by Mr. Edwin and Mrs. Adeola Oyetan, Head, Talent Management of Dangote Cement Plc.
Speaking while presenting Aliko Dangote’s Lifetime Achievement Award to the Dangote team at the high-brow event, former President of NECA and industrialist, Mazi Sam Ohuabunwa said the citation of the business tycoon which was read out to the warm applause of the participants “was only to fulfil all righteousness, as the name of Dangote looms larger than life for his exemplary works.”
He added, “I am proud that a lot of employers are here tonight. This is a great opportunity to catch up and build new networks. We need a lot of investments that would create more jobs and reduce poverty.”
Ohuabunwa, who also presented the Award for ‘Resilience and Sustainable Production’ said, “If you sow sparingly, you will reap sparingly. But if you sow bountifully, you will reap bountifully. The last award (Lifetime Achievement) was to Aliko Dangote, but this one (Resilience & Sustainable Production Award) is to the Dangote Group that has shown resilience and sustainable growth for others to emulate. They are setting the trend in sustainable growth.”
In his remarks after receiving the awards, Mr. Edwin, described NECA as an organisation that promotes leadership, good governance, innovation, productivity and corporate performance, and “therefore Mr. Dangote cherishes the award coming from a quarter like NECA.”
According to him, “NECA continues to remain a partner in progress, rewarding deserving companies for their contribution to national development. The Dangote Group will continue to contribute its quota to nation building and promote responsible business all sectors we operate.”
Also speaking, NECA President, Mr. Taiwo Adeniyi, explained that this year’s edition of the NECA Annual Employers’ Excellence Award, the third in the series, was to reward organisations that have forged on despite the challenges in Nigeria’s business environment and the economy, which was reflected in the event theme ‘Against All Odds’.
Adeniyi said the Employers Excellence Awards were meant to reward and encourage best practices in Corporate Performance, People Management and Industrial Relations practices amongst employers in Nigeria. He said the 2022 NECA Annual Employers’ Excellence Awards are to celebrate persistence and resilience, and added that, “In the quest for enterprise competitiveness and sustainable production, we are all winners.”
Minister of Labour and Employment, Simon Lalong, who was represented by Mr. M. Yusuf, an official of the Labour Minstry, congratulated the employers’ body and its leadership for organising the event to recognise that have displayed resilience despite the challenges facing in the private sector.
Other winners in various categories include Nigeria Bottling Company in the Food & Beverages Non-Alcoholic Sector; MTN in the Telecommunications and Allied Services category; TGI Group in the Agro & Agro Allied Services category; Nestle in the Food and Beverages and Workplace Innovation and Peoplecentric Creativity categories; Julius Berger in the Construction and Construction Services sector; NLNG in the Petroleum and Natural Gas sector.
Business
Adoption of AI Feature as NIPetGE Pays Courtesy Call at NNPC Ltd
Enhanced adoption of artificial intelligence and other digital technologies to improve operations in Nigeria’s oil and gas industry is taking the centre stage in relevant circles.
The issue came up strongly when the President-elect of the Nigerian Institute of Petroleum and Gas Engineers NIPetGE, Prisca Kanebi, paid a courtesy call at the Nigerian National Petroleum Company Limited (NNPC Ltd), Abuja.
Biztellers reports that the Kanebi led delegation was received by the Group Chief Executive Officer of the NNPC Ltd, Bayo Ojulari, represented by the Executive Vice President, Gas, Power and New Energy, Olalekan Ogunleye.
According to a statement made available on Sunday, discussions at the meeting focused on the future of Nigeria’s hydrocarbon industry amid global energy transition concerns, technological changes and sustainability targets.
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The statement indicated that the NNPC Ltd acknowledged the role of NIPetGE in policy advocacy, technical development and innovation within the sector.
Speaking during the meeting, Kanebi highlighted recommendations from the institute’s recent conference, including the proposed establishment of a national centre for intelligent energy systems to support the deployment of artificial intelligence, the Internet of Things and robotics across the petroleum value chain.
She also commended the Federal Government’s decarbonisation efforts and reiterated the institute’s support for policies aimed at improving sustainability in the industry.
The institute also recommended the creation of a hydrocarbon-linked emissions trading system to allow Nigeria to take part in global carbon markets.
The institute also proposed fiscal incentives to support local manufacturing and service delivery in the oil and gas sector, as well as the expansion of the Energy Transition Plan to include measurable upstream decarbonisation targets backed by tax credits.
Other proposals included increased public-private partnerships in emission control infrastructure, carbon capture projects and hybrid renewable energy initiatives.
Both organisations also stressed the need for stronger collaboration between industry and academic institutions to improve professional capacity and align petroleum engineering practice in Nigeria with international standards.
The institute further disclosed that its bill seeking chartered status had passed second reading and was progressing towards a third hearing at the National Assembly.
It added that NNPC Ltd pledged support for future collaborations with the institute on initiatives aimed at improving efficiency and innovation in the energy sector.
Business
FHC Orders NUPRC to Comply with PIA
Business
Local Firms Lead Revival of Idle Oil Wells – SPE
Nigeria’s indigenous oil and gas companies are reopening dormant wells and ramping up production from assets acquired from international oil companies (IOCs) to boost crude oil output.
The Society of Petroleum Engineers (SPE), Nigeria Council, made the assertion through its Chairman, Francis Nwaochie, on the sideline of the Offshore Technology Conference (OTC) which ended at the weekend in Houston, Texas.
Nwaochie said indigenous operators were already taking advantage of opportunities created by disruptions in the global energy market to increase production from existing assets.
According to him, local firms that recently acquired onshore and shallow water assets from IOCs were aggressively reviving inactive wells and maximizing available infrastructure to raise output levels.
“What we are seeing now is that indigenous companies are reopening wells from the assets they acquired from the IOCs. Some of them have almost doubled production from those existing assets,”.
He explained that the renewed focus on dormant wells and existing facilities had become critical at a time the global oil market was facing supply shortages triggered by geopolitical tensions in the Middle East.
The SPE Nigeria Council Chairman noted that Africa, particularly Nigeria, was well positioned to benefit from the supply gap because of the continent’s relative stability compared to some other oil-producing regions.
“There is a huge opportunity for Africa right now. The focus is gradually shifting to Africa because of the volatile environment in many other producing regions.”
He stated that indigenous operators were leveraging digital technologies, financing opportunities and local expertise to improve production efficiency and optimise existing fields.
He added that stronger implementation of local content policies was also helping to create a more stable operating environment for oil and gas investments.
“Local content is very critical. Once communities and local companies clearly understand their roles and benefits, then you create peace across the industry. Business only thrives in peaceful environments.”
ALSO READ: Nigerian Navy Recovers Large Cache of Illegal Refined Petroleum Products
Nwaochie also stressed the need for Nigeria to move beyond crude oil production and begin developing indigenous technologies for the energy industry.
According to him, SPE Nigeria Council was actively supporting innovation and technology development among young Nigerian engineers and researchers.
He disclosed that the association was engaging the National Universities Commission(NUC) on reforms to engineering curricula in universities to better prepare graduates for the future of the energy industry.
“One of our major focuses in SPE is technology development. We should not only import machines and equipment, we must begin to develop our own technologies locally.”
Nwaochie revealed that SPE was already supporting local innovators working on technologies such as remotely operated underwater vehicles (ROVs), noting that indigenous technology development will strengthen Nigeria’s economy and deepen local participation in the oil and gas sector.
“We may not get everything right immediately but we must start somewhere. That is how countries that dominate the global energy industry built their capacities.”





