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Nigeria’s Crude Production To Increase By 30,000bpd

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Nigeria’s Crude Production To Increase By 30,000bpd

*** As VP Shettima launches Oriental Energy’s FPSO facility in Dubai, says it’s symbol of national ambition

*** Vessel heads for Nigeria as firm launches $315m offshore asset

By: Our Reporter

In a major gain for President Bola Ahmed Tinubu’s oil sector reforms, Nigeria’s Oriental Energy Resources Limited has unveiled a $315 million Floating Production, Storage and Offloading (FPSO) vessel to boost Nigeria’s oil production capacity.

The FPSO vessel, with a storage capacity of one million barrels, which will kick off with an initial production of 17,000 barrels per day before increasing its production capacity to 30,000 bpd is expected to depart for Nigeria in Q1 2025 and commence production at the Okwok Oil Field in the first half of 2025.

Vice President Kashim Shettima, who represented President Bola Ahmed Tinubu at the commissioning and naming ceremony of the vessel, described the facility as more than just a maritime infrastructure project, saying it is a pointer to the success of President Tinubu’s reforms in the sector as well as Nigeria’s growing global influence.

Speaking on Saturday while commissioning the oil facility at the Drydocks World Dubai Shipyard in Dubai, the United Arab Emirates, VP Shettima pointed out that what sets Nigerians apart is not merely the audacity of their ambition, but their unique understanding of where the world is headed.

“This FPSO vessel is more than just a technological achievement; it is a symbol of Nigeria’s ambition and our readiness to meet global energy demands. Under President Tinubu’s leadership, we are witnessing the transformation of the oil and gas sector, which is central to our economic revitalisation efforts,” the Vice President said.

According to him, the vessel is a critical link in Nigeria’s ambition to optimise productivity, enabling the country to become a central hub for hydrocarbon demand, both domestically and globally.

The Vice President lauded Alhaji Muhammadu Indimi, the Executive Chairman of Oriental Energy Resources Limited, for his remarkable contributions to the industry.

He stated: “Over the decades, Alhaji Muhammadu Indimi has stood as a model businessman and symbol of excellence in the oil and gas industry. So, it’s not surprising that his vision has transformed Oriental Energy Resources Limited into a global phenomenon.

“This outcome testifies to what is possible when ambition is matched with perseverance and expertise. His journey reminds us that Nigeria is a land of opportunity, and with dedication, there is no limit to what we can achieve.”

VP Shettima further explained that as Nigeria’s home-based refineries come alive, vessels like this will be instrumental in maximising the nation’s production capacity and driving economic growth.

“Just about two weeks ago, His Excellency, President Bola Ahmed Tinubu, was in Paris, where he oversaw the expansion of one of Nigeria’s indigenous banks into that sphere of the European financial market. That historic moment reflected our collective aspiration as a nation,” he noted.

Senator Shettima further pointed out that the UAE demonstrates what can be achieved when natural resources are leveraged effectively, just as he reaffirmed the Nigerian government’s support for transformative initiatives “which align with Nigeria’s vision for expanding hydrocarbon exploration, storage, and refining.

“This FPSO vessel symbolises a future where Nigerian ingenuity meets global standards, and we will be here every step of the way to ensure its utility and success,” he added.

Expressing delight in the project, Borno State Governor, Prof. Babagana Umara Zulum, commended the vision and tenacity of the Chairman of Oriental Energy Nigeria, saying his investment will stimulate economic growth and create job opportunities for many Nigerians, as well as ensure steady growth and development of the nation’s economy.

Governor Zulum said, “Today is one of my happiest moments to stand before this gathering. I make my brief remark because Alhaji Ndimi is from Borno State, and I’m happy to note that the production of this vessel was born 100 percent by his own company, which has never happened in Nigeria. This goes to show how committed Alhaji Mohammed Ndimi is to the growth and development of not only Borno State but the entire country.”

Also, Nasarawa State Governor, Engr. Abdullahi Sule, applauded the Chairman of Oriental Energy, Alhaji Indimi, and his technical partners, noting that to truly appreciate the oil mogul, it would be best to know that he wasn’t the only person that was allocated an oil block in the 90s.

“There were so many of them. But from what we are witnessing today, he will go down as one who believes in Nigeria, who believes in investing in Nigeria, who believes in the government of Nigeria, who appreciates Nigeria. And that is the reason why he is investing in this baby here that is going to store one million barrels of crude oil,” he noted.

Earlier, while welcoming the Vice President and his entourage at the event, Chairman/CEO of Oriental Energy Resources Ltd, Alhaji Indimi, revealed that the facility is the first FPSO to be fully funded by a Nigerian indigenous company.

The vessel named ENEM FPSO, the chairman added, has heralded an effort for an indigenous Nigerian oil and gas company to independently develop a marginal field, stressing that it is an important milestone for Nigeria and its indigenous oil and gas sector.

He continued: “When operating at full capacity we expect the Okwok Oil Field to produce up to 30,000 barrels of oil a day, significantly enhancing Nigeria’s oil production and contributing to the government’s ambition to increase oil revenue to fund Nigeria’s development.

“The Okwok field is just one step towards our long term ambition to deliver 100,000 barrels of oil per day of production in Nigeria. We have a strong set of proven assets, and a development pipeline that can deliver it.

“I want to take this opportunity to thank the Nigerian government; His Excellency, President Bola Ahmed Tinubu; His Excellency Vice President Kashim Shettima, and the dedicated officials and civil servants in the Ministry of Petroleum Resources, NURPC and the other agencies that have provided the enabling environment for this investment”.

In his own remarks, the Chief Executive Officer of Drydocks Dubai, Capt. Dr. Antolovic Rado, assured that the vessel, when fully operational, will contribute significantly to the sustainable development of the Okwok oil field region and would support economic growth and energy security.

He noted that the success achieved by Oriental Energy’s huge investment in the oil sector, has set a benchmark for operational excellence and safety to Oriental Energy Resources Limited and other partners.

On his part, representative of partners, HBA & World Carriers Corporation, Mr Hassan Basma, said the vessel, EMEM, with many features is significant in many ways, especially being the first of its kind (indigenous-owned project) in Nigeria, financed wholly in Nigeria and predominantly done by a Nigerian workforce.

He added that the partners aimed to develop the vessel to become the centre of excellence, not only for Nigeria, but for the entire coast of Africa.

According to him, the completion of the project satisfied not only the NCD requirements, but aligned with the company’s ESG in line with the spirit of Nigeria.

Nigeria’s Crude Production To Increase By 30,000bpd

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UK, Nigeria Launch Flagship Economic Reform Programmes to Strengthen Stability and Drive Economic Growth

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UK, Nigeria Launch Flagship Economic Reform Programmes to Strengthen Stability and Drive Economic Growth

By: Michael Mike

The British High Commission in Abuja has launched two flagship economic reform programmes – the Nigeria Economic Stability & Transformation (NEST) programme and the Nigeria Public Finance Facility (NPFF) – reaffirming the United Kingdom’s long-term commitment to supporting Nigeria’s economic reform and growth agenda.

Backed by a £12.4 million UK investment, NEST and NPFF sit at the centre of the UK-Nigeria mutual growth partnership and support Nigeria’s efforts to strengthen macroeconomic stability, improve fiscal resilience, and create a more competitive environment for investment and private-sector growth.

Speaking at the launch, Head of Development Cooperation at the British High Commission in Abuja, Cynthia Rowe, said: “These two programmes sit at the heart of our economic development cooperation with Nigeria. They reflect a shared commitment to strengthening the fundamentals that matter most for our stability, confidence, and long-term growth.”

The launch followed the inaugural meeting of the Joint UK-Nigeria Steering Committee, which endorsed the approach of both programmes and confirmed strong alignment between the UK and Nigeria on priority areas for delivery.

Representing the Government of Nigeria, Special Adviser to the President of Nigeria on Finance and the Economy, Sanyade Okoli, welcomed the collaboration: “We welcome the United Kingdom’s support through these new programmes as a strong demonstration of our shared commitment to Nigeria’s economic stability and long-term prosperity. At a time when we are implementing critical reforms to strengthen fiscal resilience, improve macroeconomic stability, and unlock inclusive growth, this partnership will provide valuable technical support. Together, we are laying the foundation for a more resilient economy that delivers sustainable development and improved livelihoods for all Nigerians.”

On his part, the British Deputy High Commissioner in Lagos, Jonny Baxter, highlighted the significance of the programmes within the wider UK-Nigeria mutual growth partnership:

He said: “NEST and NPFF are central to our shared approach to strengthening the foundations that underpin long-term economic prosperity. They sit firmly within the UK-Nigeria mutual growth partnership.”

The launch was attended by senior officials from the Federal Ministry of Finance, Central Bank of Nigeria, Federal Inland Revenue Service, Debt Management Office, Budget Office of the Federation, and international development partners.

UK, Nigeria Launch Flagship Economic Reform Programmes to Strengthen Stability and Drive Economic Growth

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NIS-Flags-Off 2025 Service Delivery Reforms

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NIS-Flags-Off 2025 Service Delivery Reforms

By: Michael Mike

The Nigerian Immigration Service (NIS) has formally launched its 2025 national sensitisation campaign aimed at strengthening transparency, improving efficiency and deepening anti-corruption reforms across its operations nationwide.

The flag-off ceremony, held in Abuja, brought together senior officers of the NIS, representatives of key security agencies, members of the diplomatic community, civil society actors and the media.

The Comptroller General of Immigration, Kemi Nandap emphasised that the campaign, themed: “Elevating for Transparency and Efficiency: Strengthening Service Delivery and Combating Corruption through Reforms,” represents a renewed commitment by the Service to uphold accountability and build a modern, trusted and globally competitive institution.

She said: “This campaign is not merely a slogan. It is our collective pact with Nigerians that service must be transparent, efficient and accountable.”

The CG disclosed that the NIS has expanded its digital architecture to simplify services, automate passport applications and deploy biometric verification systems at national borders.

She said: “Citizens are now able to initiate and track applications with clearer timelines and minimal physical interaction,” adding that: “These reforms have improved processing timelines across commands and significantly reduced opportunities for extortion.”

She further disclosed that passport offices have been restructured nationwide to enhance speed and fairness, supported by a 24-hour call centre, monitored social media channels, and dedicated email platforms to ensure that complaints and enquiries are addressed promptly.

“The worst thing that can happen to anyone is having issues and not knowing where to turn,” she noted. “We corrected that by ensuring Nigerians always have someone listening and responding.”

Reaffirming the Service’s zero-tolerance policy for corruption, the CG announced strengthened internal audits, enhanced enforcement of ethical codes and improved disciplinary measures to deter misconduct.

She said: “Digital payment systems and automated checkpoints now limit cash-based interactions,” she said. “Transparency is not optional it’s the foundation for the work we do.”

She added that officers are undergoing continuous training and process redesign to align with global border management standards.

The CG noted that the NIS has deepened partnerships with sister security agencies, multilateral institutions, migration platforms and the diplomatic corps to support ongoing reforms.

“Change is difficult. Many people resist it,” she said. “But by engaging these agencies and bringing their personnel into our training and sensitisation sessions, they now understand why we are implementing these changes and how to navigate the new systems.”

A major appeal of the campaign is to discourage Nigerians from patronising touts and unauthorised agents.

She said: “You can sit in the comfort of your home and apply for most of our services. Follow our clearly outlined procedures. Do not put yourself at the mercy of anybody.”

She urged the public to use official platforms for enquiries, suggestions and complaints, including phone lines, website portals, social media channels and suggestion boxes.

The CG lamented the killing of NIS officers in the line of duty in Borno, Kebbi and Niger States. She said: “They were attacked by unknown persons while serving their country.”

The CG emphasised that meaningful change requires the collective effort of officers, citizens and stakeholders.

“Efficiency is not achieved by policy pronouncements alone. It requires personal responsibility at every desk, every command and every border post,” she said.

She added that: “The change we seek starts with us. If everyone here decides to do something differently, imagine the transformation we can achieve.”

NIS-Flags-Off 2025 Service Delivery Reforms

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Shettima announces Special Fund of N166b for disaster management in 2026

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Shettima announces Special Fund of N166b for disaster management in 2026

By: Michael Mike

The Vice President, Senator Kashim Shettima has announced Nigeria’s readiness to lead in the new era of data-driven preparedness against disasters.

Shettima, while making the announcement on Thursday, also announced that the Federal Government has given approval for a N166 billion special intervention fund to help provide anticipatory action before the occurrence of any form of disaster in the coming year.

The Vice President revealed that the country is strengthening national systems to ensure that early warning is not just issued but heard, understood, and acted upon, noting that the essence is to make Nigeria more proactive and enhance its anticipatory capacity.

The Vice President spoke at the National conference on Anticipatory Action in Nigeria, with the theme: “Unlocking the Power of Data-Driven Anticipatory Action in Nigeria” organised by International Rescue Committee, Nigeria.

Shettima said the country is investing in national data generating agencies, Climate-resilient agriculture, Flood prediction models integrated with machine learning systems like IGNITIA, Data-driven disaster management frameworks and Community-led resilience initiatives.

He noted that the target is to have a nation where no community is abandoned to rising waters, failed rains, or eroding livelihoods.

The VP, who was represented by the Deputy Chief of Staff to the President, Senator Ibrahim Hassan Hadejia disclosed that: “A special intervention of N166 billion has been committed by the National Economic Council to fund the National Anticipatory Action Framework in 2026.”

He added: “We are strengthening national systems to ensure that early warning is not just issued but heard, understood, and acted upon at the last mile. “

He stated that the country’s vision is to become a nation that anticipates, not reacts.

He said: “The Nigeria we are building will not be one that waits helplessly for rescue. We will be a proactive nation, not reactive, resilient, not vulnerable.

“A nation where no community is abandoned to rising waters, failed rains, or eroding livelihoods. A nation where innovation meets governance, and data meets compassion.”

The Vice President also said that Anticipatory Action is not only a humanitarian necessity but a development path and climate strategy.

“Anticipatory Action is not only a humanitarian necessity, it is a development pathway. It is a climate strategy. It is a governance strength,” he said.

He therefore stressed the importance of timely and accurate data, noting that it helps to provide reliable early warning systems, and proactive financing.

He sold: “And it is a moral duty. If we unlock the power of data-driven anticipatory action, we will build a Nigeria that withstands shocks, protects its citizens, and stands as a global model for resilience.”

He reminded participants that the gathering is “to chart a course that will redefine how Nigeria anticipates, prepares for, and responds to climate-related disasters. He went on: : “This is not simply a conference, it is a national reset on how we safeguard lives, livelihoods, and the future of our communities.

He noted that: “Our Reality: The Climate Crisis Is No Longer a Distant Threat; Nigeria is already living the consequences.

“Floods sweeping through communities in over 26 states, year after year.

“Drought shrinking agricultural yields in the Northeast and Northwest.

“Cholera, meningitis, and vector-borne diseases rising with changing temperatures. Tens of thousands are displaced annually. Families losing livelihoods to rising waters or failed rains.

For the families affected, these are not “climate events.” They are life-altering emergencies. They determine whether a family eats, whether a child goes to school, whether a business survives, and whether communities remain stable. The climate crisis is not abstract. It is personal, immediate, and local.

“The Opportunity Before Us: Turning Predictability Into Protection. Amid this challenge lies an extraordinary opportunity. Around the world, Anticipatory Action (AA) has proven that if we act before a disaster hits based on data, forecasting, and science we save more lives, protect more livelihoods, and spend fewer resources.
“With accurate data, reliable early warning systems, and proactive financing, we can: Move families to safety before flooding
“Protect farms before drought damages seedlings. Deliver cash support before households resorts to negative coping strategies; Strengthen local systems before they are overwhelmed.”

“This is common sense. It is smart economics. It is good governance. And above all, it is humane leadership,” he added.

He cited government collaboration with the United Nations, The International Rescue Committee (IRC), donors, and partners in Adamawa where the programme has been a huge success.

“Their work shows that when data and proactive action meet, communities recover faster, cope better, and move forward with dignity.

He also called on donors and partners to increase their investment in Anticipatory Action, stating that: “Today, I call on both institutional and private donors: Now is the time to scale up anticipatory action financing in Nigeria, the window to act is narrow, the need is urgent, And the returns in lives saved and communities protected are extraordinary, Every naira or dollar spent before a crisis saves multiple times that amount after a crisis, This is not charity, this is strategic investment in stability, economic growth, and resilience for Africa’s largest nation.”

He also urged all the stakeholders to act together to strengthen data collection and hydro-meteorological infrastructure expand forecasting capacity using advanced analytics and machine learning; develop accessible and reliable early warning systems; scale climate-resilient agriculture and water management; empower communities with tools, financing, and knowledge to act early and review and cascade the National Anticipatory Action Framework to all States affected by floods and other climate induced disasters.

He warned that: “We can no longer afford a response system where communities only receive help after devastation has occurred.”

In his opening remarks, the Country Director, International Rescue Committee- Nigeria, Babatunde Ojei, said “Anticipatory Action is more than an innovation; it is a lifeline. It is the power to act before a crisis becomes a catastrophe. It is the power to protect before families lose everything. It is the power to prevent suffering before it begins.”

He therefore said the gathering was more than a conference; “it is a turning point for our country. A moment where science meets leadership, where data meets decisive action, and where Nigeria demonstrates to the world that we will not wait for disaster to strike before we protect our people.”

He stressed that “For too long, our nation has suffered the harsh reality of a changing climate: floods, droughts, displacement, crop failures, food insecurity, and loss of livelihoods. These crises are not statistics; they are the lived experiences of ordinary Nigerians — farmers, mothers, children, traders, and entire communities struggling to survive forces beyond their control. But today, gathered in this hall, is the collective intelligence, leadership, and commitment necessary to change that story.”

Shettima announces Special Fund of N166b for disaster management in 2026

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