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Petrobras Eyes Return To Nigeria’s Oil Sector, Targets Deepwater Acreage
Petrobras Eyes Return To Nigeria’s Oil Sector, Targets Deepwater Acreage
** As VP Shettima mobilises ministers to capitalise on Brazil’s hosting of BRICS, G20, COP30
By: Our Reporter
Petrobras, the state oil company of Brazil, is seeking to re-enter Nigeria’s oil sector, with a specific interest in frontier deepwater acreage.
As the economic reforms of the administration of President Bola Ahmed Tinubu take root, the company, which had previously wound down its operations in Nigeria at the Agbami Field, is now actively engaging with Nigerian authorities as part of broader efforts to revitalise bilateral cooperation ahead of the 2025 Nigeria-Brazil Strategic Dialogue Mechanism (SDM).
This was part of the discussions on Wednesday during the interministerial review meeting chaired by Vice President Kashim Shettima at the Presidential Villa, Abuja, to coordinate Nigeria’s preparations for the second session of the SDM scheduled for June 2025.
Speaking at the meeting, VP Shettima said, “The presence of six ministers and the Solicitor-General of the federation in this review meeting ahead of the second session of the Nigeria-Brazil Strategic Dialogue Mechanism shows the importance we have attached to our relationship with Brazil.
“We have not maximally capitalised on the fraternity between us and Brazil, but it is better late than never. The upcoming SDM presents an opportunity to execute sector-specific Memoranda of Understanding (MOUs) and unlock investment flows.”
The Vice President particularly noted that 2025 represents a critical moment of interface with Brazil, emphasising that the convergence of international events provides Nigeria a unique opportunity to advance its interests on the global stage.
“This year is our moment of interface with Brazil. Brazil is hosting so many global events this year, from the BRICS Summit to the G20 Summit and COP30. This convergence of events provides us with a unique opportunity to advance our interests on the global stage,” the Vice President said.
VP Shettima commended the ministers for their passion and aggression in pursuing Nigeria’s national interest, noting that “there is a sea change in our attitude, disposition, and commitment.”
Earlier, Minister of Foreign Affairs, Ambassador Yusuf Tuggar, confirmed ongoing engagements with Petrobras, saying, “Apart from Ethanol, which they are hoping to engage the NNPCL for blending, Petrobras is also being actively engaged, and we expect they will form part of the delegation to Nigeria. Petrobras is no longer active in Nigeria, but they are very keen on coming back to Nigeria. They said they want frontier acreage in deep waters.”
The Foreign Affairs Minister further reported that Brazil’s preparations for the dialogue are well advanced, with both government agencies and private sector players being actively engaged by the Brazilian Vice President.
The Ministry of Foreign Affairs, which is coordinating the interministerial working groups, has compiled at least 12 draft MOUs pending approval from the Ministry of Justice. These cover areas such as energy, health, culture, and agriculture.
Also, Minister of Art, Culture, Tourism, and Creative Economy, Hannatu Musawa, emphasised the historical and ancestral connections between Nigeria and Brazil, noting that a significant percentage of Brazilians trace their roots to Nigeria.
“We must not only preserve this relationship but deepen it. We’ve finalised MOUs with the Nigerian Film Corporation on audiovisual co-productions, the National Gallery of Arts for joint exhibitions, and the Centre for Black and African Arts and Civilisation ahead of FESTAC at 50 next year,” Musawa said.
On agriculture, Minister of Agriculture, Senator Abubakar Kyari, outlined completed MOUs focused on research collaborations: “We have finalised MOUs that focus on research in three areas of soybean value chain development, cassava research and technology transfer and agro-forestry systems, which promote integrated crop and livestock models and erosion control and climate adaptation,” he said.
The minister noted that these efforts build on the previously signed Green Imperative Project (GIP) agreement between Nigeria and Brazil.
Also, Coordinating Minister of Health and Social Welfare, Professor Muhammad Pate, pointed to Brazil’s achievements in universal health coverage as a model for Nigeria.
He said, “There are important opportunities for us in several areas in our efforts to achieve universal health coverage and primary health care between Nigeria and Brazil- they have done a lot that we can learn from them. There is the aspect of knowledge sharing and workforce, and human capital training in specialised areas.
“We see potential for collaboration in pharmaceutical research, local drug manufacturing, and workforce training. Brazil’s experience in addressing tropical and sub-tropical diseases makes it an ideal partner for joint research and development.”
Other ministers present at the meeting included the Minister of Livestock Development, Idi Mukhtar Maiha and the Minister of Environment, Balarabe Lawal.
Petrobras Eyes Return To Nigeria’s Oil Sector, Targets Deepwater Acreage
Nine PAP Foreign Scholarship Beneficiaries Bag Master’s Degrees From UK Varsities
•••771 to Graduate in Nigeria in 2025
•••Otuaro Hails Scholars’ Performances
By: Michael Mike
Nine students awarded foreign post-graduate scholarships by the Presidential Amnesty Programme have graduated from their master’s degree rprogrammes in universities in the United Kingdom.
The successful scholars are the first graduates in the offshore post-graduate scholarship deployment to UK institutions by the PAP Administrator, Dr Dennis Otuaro, for the 2024-2025 academic session.
They graduated from the Anglia Ruskin University, University of Dundee and The University of Law with master’s degrees in cyber security, data science and engineering, law, construction and civil engineering management, project management, and ICT.
Also, 711 undergraduate and post-graduate scholarship beneficiaries are expected to graduate from universities within Nigeria this year.
The PAP, on Wednesday, 3 December, 2025, organised a graduation reception for the scholars in London.
Otuaro has congratulated them on their successful graduation, stressing that they completed their programmes in record time which shows the seriousness they had put into their studies.
He said they have justified the Federal Government’s investment in their education with their successful graduation, and urged other beneficiaries not to be distracted in their academic pursuits.
“We congratulate these scholars on their successful graduation. It shows that they took their studies seriously. That is what we demand of every scholarship beneficiary, whether at the undergraduate or post-graduate level”, Otuaro said.
He reiterated his unwavering commitment to expanding the scholarship scheme to create more opportunities for indigent students of Niger Delta extraction to access higher education with a view to closing the human capital development gap in the region.
Otuaro said it was for this reason he deployed 3800 beneficiaries in-country in the 2024-2025 academic year, and increased the figure to 3900 in the 2025-2026 academic session with 200 for foreign scholarships.
Otuaro has so far deployed 7700 students for the PAP scholarship scheme within Nigeria in less than two years.
Within this period, also, he has also deployed 162 students from the region for post-graduate programmes in targeted disciplines in the UK universities.
According to him, this is in conformity with the Renewed Hope Agenda of President Bola Tinubu for the Niger Delta, who has given unprecedented support to the PAP because of his sincere love for the area.
The PAP boss said, “Our decision aligns with the Renewed Hope Agenda of His Excellency, President Bola Ahmed Tinubu GCFR for the Niger Delta. We will continue to create more higher educational opportunities for students from indigent backgrounds in our region.
“We are also deepening the implementation of the programme’s mandate in informal education and other areas for the sustainable peace and socio-economic advancement of the region.”
Nine PAP Foreign Scholarship Beneficiaries Bag Master’s Degrees From UK Varsities
Sunshine Joint Venture Infrastructure Limited Established for Realization of Ondo Project
By: Michael Mike
Sunshine Joint Venture Infrastructure Limited has been incorporated to seamlessly allowed for the Refinery and Free Trade Zone in Ondo State.
A press statement on Thursday read that: “In furtherance of our commitment to the execution of these two major projects – Refinery and Free Trade Zone in conjunction with the Ondo State Government, the joint partners have taken another giant step by incorporating a joint company, namely – SUNSHINE JOINT VENTURE INFRASTRUCTURE LIMITED – as the vehicle to be used in executing these projects. A move that further reinforces the sincerity of purpose and total commitment of the funding partners to move ahead together as a united front.
According to the release by Wale Adekola on behalf of the JV, the Sunshine Joint Venture Infrastructure Limitedwill, going forward serve as the vehicle to work with the Ondo State Government through the Ondo State Investment Promotion Agency (ONDIPA) in the implementation of the executed Memoranda of Understanding (MoUs).
The statement added that: “In moving the projects forward for implementation, the JV team met in Dubai to finalize the funding modalities and put in place structures and plans for the commencement of activities for ground breaking and community engagements. These initial activities are aimed at complementing the 50th Anniversary of the creation of Ondo State and the one year anniversary of the election of the Executive Governor of the Sunshine State, His Excellency, Chief Lucky Orimisan Aiyedatiwa CFR.
At the Dubai meeting were key officers of the JV Company, including: Messrs SALEHI FARHAD; ZAHERI NAVID; EGHBAL KORDJAMSHIDI; SAHEED ZAHERI; DR. STEPHEN DIKE; HENRY OWONKA AND MRS. NAMVAR MARYAM.
The statement further informed that, plans have been concluded to mobilize the relevant contractors working with the locals and host communities to put up structures that will host the information center, architectural models to showcase the projects on offer and facilities that will serve the team. All these are being planned with ONDIPA to execute the relocation and accommodation of the host communities that are likely to be affected by the projects and create a seamless transition that will engender peaceful co-existence and harmonious relationship with our host communities.
The JV company further reiterated its commitment to work with Ondo State Government (through ONDIPA) to change the infrastructural landscape of the Sunshine State and for mutual benefits.
Sunshine Joint Venture Infrastructure Limited Established for Realization of Ondo Project
Edo: Seven suspected bandits arrested along Benin-Agbor Road
By: Zagazola Makama
Seven suspected bandits were arrested along the Benin–Agbor Road in Edo State during stop-and-search operations, security sources confirmed.
Sources told Zagazola Makama that the suspects, all Fulani youths, were intercepted after being offloaded from a truck at about 1800 hours on 2 December 2025. A search revealed pictures of assault rifles, including AK-47s, on their mobile phones.
Upon interrogation, the suspects claimed to have travelled from Adamawa State. Investigations are ongoing for the possible recovery of actual firearms and to determine their involvement in criminal activities.
Security agencies have urged members of the public to report any suspicious movements to help prevent criminal acts in the area.
Edo: Seven suspected bandits arrested along Benin-Agbor Road
UN Women Calls for Strengthening of Mechanism and Policies Towards Ending Gender Violence
Nine PAP Foreign Scholarship Beneficiaries Bag Master’s Degrees From UK Varsities
Sunshine Joint Venture Infrastructure Limited Established for Realization of Ondo Project
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