NEWS
Savannah Energy Appoints Two Nigerians as Independent Non-Executive Directors
Savannah Energy PLC, has revealed that there would be several planned Board changes, in line with the Company’s succession planning regime.
In a statement on Thursday in Lagos, the company announced the retirement of Sir Stephen O’Brien and David Clarkson from the Board, extending its sincere thanks to both for their dedication and service as Directors over the past eight years.
It noted that during their tenure they were instrumental in supporting the Company’s governance framework and Board processes.
Savannah also announced the intended appointments of Uyi Akpata and Kehinde Olamide Ogunwumiju as Independent Non-Executive Directors.
Uyi and Kehinde bring significant experience in audit, finance and legal affairs, further strengthening the Board’s capabilities in these key areas.
Upon joining the Board, Akpata is expected to serve as Chair of the Audit Committee.
On the developments, Joseph Pagop Noupoué, Chairman of Savannah, said, “The changes announced this morning form part of Savannah’s ongoing and dynamic Board succession planning process, which is designed to evolve in step with the Company’s strategic direction, operational priorities, and growth trajectory.
“On behalf of the Board, I would like to wish Sir Stephen and David every success in the future. As part of our structured approach to Board renewal, their agreed retirement reflects the natural progression of our governance planning. That said, both have been highly valued colleagues whose insight, integrity, and presence around the Board table will be genuinely missed. We are delighted that both have agreed to take on ongoing consultancy roles, ensuring the Company can continue to benefit from their extensive experience and deep understanding of our business. We wish them every success in the future and thank them wholeheartedly for their service.
I am also delighted to welcome Uyi and Kehinde as incoming Directors. Both are internationally respected professionals in their respective fields – finance and legal – and have proven track records supporting dynamic, high growth organisations. I believe their expertise will be instrumental as Savannah continues its growth trajectory across Africa.”
ALSO READ: Dangote: FG Declares Nigeria Greater Than PENGASSAN
On his part, Sir Stephen O’Brien, Retiring Vice Chair and Non-Executive Director, Savannah, said, “Having been involved with the Company since its very inception 11 years ago, and after eight stimulating years as Vice-Chairman of Savannah, I am stepping down with pride in what has been built together as a team. Over this time, Savannah has transformed into a leading African energy company, advancing projects across the continent in both hydrocarbons and renewables. I am pleased to have had the opportunity to contribute to our journey. I wish everyone at Savannah every success and look forward to maintaining my support for the company in a new political advisory role.”
Similarly, David Clarkson, Retiring Non-Executive Director, Savannah, commented, “Since joining the Board in 2017, I have enjoyed a wonderful journey with Andrew and my Board colleagues as Savannah grew in stature delivering Projects That Matter. I wish the Company every success as it continues to build sustainable businesses across its portfolio of opportunities. I look forward to supporting the Company as Technical Advisor to the Board.”
Former Delta State Governor, Dr Emmanuel Uduaghan, has reportedly died, according to sources said to be close to his family.
The sources confirmed the development on Monday, October 19, 2026, although details surrounding the circumstances of his death remained unclear as of the time of filing this report.
“Uduaghan is no more; he is dead,” one of the sources reportedly said.
SEE ALSO: Document reveals Akpoti-Uduaghan demanded N10b damages from husband before marriage, firm reacts
The reported death comes months after claims that the former governor had died circulated on social media before being dismissed by his media aide, Henry Unini.
In June, reports of Uduaghan’s alleged death spread across Facebook and WhatsApp, prompting Unini to publicly debunk the claims and assure the public that the former governor was alive.
“I can tell you for a fact that Dr. Emmanuel Uduaghan is alive,” Unini said at the time.
“Frankly, I don’t know where the writer got his information from. The death of someone is not something you take and write about casually,” he added.
Unini acknowledged at the time that Uduaghan had been experiencing health challenges but maintained that he was receiving medical attention.
“It is now common knowledge that Dr. Emmanuel Uduaghan has been sick, but he is receiving proper medical care,” the media aide said.
He also stated that the former governor was recuperating, assuring the public that there was no immediate cause for concern.
“There is no cause for alarm whatsoever,” Unini said.
The media aide thanked friends, well-wishers and residents of Delta State who contacted the family to verify the former governor’s condition. He also urged the public to avoid spreading unverified information.
“The rumour was uncalled for,” he said while addressing the earlier reports.
As of the time of filing this report, further details about the circumstances surrounding Uduaghan’s reported death had yet to emerge.
The Delta State Government has commenced a ₦5 billion grassroots empowerment programme targeting 100,000 small-scale business owners and other beneficiaries across the state’s 500 wards.
The initiative, announced on Monday, will see each beneficiary receive ₦50,000 to support small businesses, strengthen household finances and stimulate economic activities across the state.
SEE ALSO: Two Arrested as Delta Police Uncover Cache of Illegal Weapons
The Executive Assistant to the Governor on Public Enlightenment (Projects and Policies), Mr Olisa Ifeajika, disclosed this while speaking with journalists in Asaba.
Ifeajika explained that the programme was designed to complement the state government’s investments in critical infrastructure with direct financial assistance to residents.
According to him, Governor Sheriff Oborevwori directed local government councillors to facilitate the distribution of the funds, with each of the 500 wards expected to reach at least 200 beneficiaries.
He added that the initiative reflects the administration’s commitment to improving livelihoods and expanding economic opportunities for Deltans, in line with the people-centred objectives of the MORE Agenda.
The Minister of Education, Dr Maruf Tunji Alausa, has commended Alhaji Aliko Dangote and the Aliko Dangote Foundation for plans to acquire Initial Public Offering (IPO) shares of Dangote Refinery on behalf of eligible Nigerian tertiary institution students.
Alausa described the initiative as an innovative approach to promoting financial literacy, youth empowerment and wealth creation among young Nigerians.
According to a press release issued by the Federal Ministry of Education on Monday, October 19, 2026, the initiative is expected to benefit up to four million students aged 18 and above, with each eligible student expected to receive 10 IPO shares without requiring prior investment or share purchase.
The minister said the programme would expose students to capital markets, responsible investing and long-term financial planning, preparing them for greater economic participation and financial independence.
He noted that the initiative aligns with the Nigeria Education Sector Renewal Initiative (NESRI) and President Bola Ahmed Tinubu’s Renewed Hope Agenda by connecting education with enterprise, human capital development and inclusive economic growth.
According to Alausa, the initiative reflects the importance of partnerships between the education sector and private organisations in equipping young Nigerians with the knowledge and skills needed to participate in the economy.
He said the Federal Ministry of Education remained committed to strengthening private-sector partnerships to improve educational quality, relevance, equity and efficiency while preparing learners for a changing economy.
While appreciating the foundation’s contribution to youth development, the minister clarified that the ministry’s commendation was based on the initiative’s educational and developmental value.
He stressed that the ministry’s position “does not constitute an endorsement of any particular investment decision.”
Alausa also encouraged other corporate organisations to support similar initiatives that promote financial awareness, economic productivity and entrepreneurship among young Nigerians.
He urged businesses to support NESRI and the Renewed Hope Agenda in building a financially informed and economically productive generation.
JUST IN: Ex-Delta Governor Emmanuel Uduaghan Is Dead
Delta Begins ₦5bn Empowerment Scheme for 100,000 Beneficiaries
Alausa Hails Dangote Foundation’s Plan to Give Four Million Students IPO Shares
APC Campaign Council Sets Inaugural Meeting for Tuesday Ahead of Kaduna Flag-Off
Renaissance Capital Sees Significant Upside in Dangote Refinery, Lifts Valuation by 33.4%
Dangote Refinery IPO Elicits Participation in 90 Countries Globally
Trump’s Family Unveils New Cryptocurrency Platform
Senate Denies Receiving Petitions Against Tinubu’s Ambassadorial Nominees
Dangote Cement Lights Up Benue Host Communities With CSR Initiatives
Reps Recommend 3-year Jail Term For Aviation minister
Tems Sets New Record On Billboard Hot 100 Chart
Interesting take on maximizing returns! Variance is brutal though. Seen some good strategy discussions around platforms like nustargame slot, focusing on bankroll management – key for long-term play, right? It’s about informed choices!