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We gained experience concessioning Onitsha River Port – Moghalu

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We gained experience concessioning Onitsha River Port – Moghalu
The Managing Director, National Inland Waterways Authority (NIWA), Dr George Moghalu, said the experience gained through the concessioning of the Onitsha River Port will speed up other port concessioning process in the country.
Moghalu told newsmen at the formal handing over of the port to the concessionaire in Abuja that the authority had ”learnt on the job.”
While lamenting on the time taken for the process to be completed, he said it was expected, being the first port to be concenssioned in the maritime sector.
”You cannot even quantify the challenges. First of all, you are doing something you haven’t done before.
”As we speak, Onitsha River Port successful concession, is the first in the maritime industry. So, the first time is certainly different.
”If by the time we do the second, third and fourth ones like we have on the pipeline, they are certainly not going to take as much time this first one took because we have learnt on the job.
”But if it is whether we have gained a lot of experience, we have. Whether we have confidence in the process, we have. As to whether expectations are high, expectations are high and we are going to be guided.
”And when you are doing this type of thing, you must do it properly in line with international best practice.
”PPP arrangements on concessioning processes is not a Nigerian thing, it has international standard that must be followed because you can’t change the rules because we are involved,” Moghalu said.
On vessels, the NIWA boss said lots of vessels fell within the limit of the available draft adding that draft determined the type of vessels expected at any port.
He said the major emphasis however was on using bagging process to move consignments from Apapa and Tincan to Onitsha and other inland ports.
”As we are talking about this, we are already starting the process of concessioning Oguta, Lokoja and Baro River ports which have already been completed,” he added.
On security, Moghalu said arrangements were on ground to ensure adequate security at the port.
”Let me place on record the support we have received from Nigerian Navy. Dont forget that NIWA has its own police, there is also the Marine police, there is also our national police.
”But the truth I want to tell you now is that everybody is concerned, just like the roads, we have security challenges.
”So, we are going to be  addressing the challenges as they come, that, I can assure you, but we are not scared about it, because it is not unsurmountable,” Moghalu restated.
He explained that the concessioned port had not been willed to the concessionaires by the Federal Government, thus, there would be proper monitoring to ensure they met their end of the bargain.
He said: “The Federal Government is going to gain a lot of money. We are expecting about four billion naira in the first instance; the benefit which will be there are more tangeable.
”The traders will be able to access their goods near, the pressure that is going to be on our roads will be reduced, the congestion in Apapa and Tincan will be reduced to the barest minimum.
”We know and statistics has shown that over 60 per cent of the containerised items that arrive both Tincan and Apapa end in the South East.
”So simple put, if  five million containers arrive in Lagos from South East for example, it translates to 10 million trailers being on our road. Five million bringing it and five million taking the containers back.
”So, if we can now move it by water we have reduced that pressure on the road, we have saved our infrastructure.
So, there is quite a lot of advantages in getting that onitsha port functioning optimally.”
On his part, the concessionaire of the port, Dr George Nwangwu, expressed optimism that his company (Universal  Elysium Consortium) would deliver their end of the bargain.
He said Nigeria is not an easy place to do business, bearing in mind the various challenges encountered by business men.
He said they would, however, employ their experience in PPP and privatisation to ensure the success of the project.
”We have serious experience in that and we have been immensely successful.
”We have the right partners. We have the right structure, we have access to finance to do this project, so, we are certainly sure that we will be successful.
Nwangwu, however, urged the government to continue to dredge the channels to ensure the baggies move smoothly.
The News Agency of Nigeria (NAN) reports that the port is expected to generate over N23 billion to the Federal Government in 30 years
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Adoption of AI Feature as NIPetGE Pays Courtesy Call at NNPC Ltd

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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.

ALSO READ: NNPC Ltd, IOCs Raise Crude Supply to Local Refineries by 103% in 4 Months

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.

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FHC Orders NUPRC to Comply with PIA

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Local Firms Lead Revival of Idle Oil Wells – SPE

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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.”

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