News
Sunshine Joint Venture Infrastructure Limited Established to Propel Completion of Ondo Refinery, FTZ Project
Sunshine Joint Venture Infrastructure Limited Established to Propel Completion of Ondo Refinery, FTZ Project
By: Michael Mike
Sunshine Joint Venture Infrastructure Limited has been established as the execution platform for the proposed Ondo State’s refinery and free trade zone project
to propel its realization.
The Backbone Infrastructure Nigeria Limited and the state government had formalised a joint venture platform and commenced technical engagements including site assessments for a refinery and free trade zone project in Ilaje Local Government Area.
The latest least of life came after Backbone Infrastructure Ltd recently disclosed that it has secured more than $50 billion in funding commitments for a 500,000bpd refinery and the Sunshine Free Trade Zone in Ilaje, Ondo State.
According to the disclosure, the funding was facilitated through a joint venture agreement between BINL and NEFEX Holdings Limited of Canada, which marks one of the largest single private sector investment packages targeted at Nigeria’s downstream oil and gas industry.
A statement at the weekend by the Vice President, Corporate Services at Backbone Infrastructure Limited, Wale Adekola, revealed that the agreement has led to the creation of Sunshine Joint Venture Infrastructure Limited, which will serve as the execution platform for the refinery and industrial corridor.
Adekola disclosed that the entity was established after months of technical reviews and information-sharing sessions with the Ondo State Investment Promotion Agency, bringing together BINL, NEFEX Petro Line Limited and Cooldeal Limited to work with the state government through ONDIPA.
He noted that the partners in the JV include Bacckbone Infrastructure Limited, NEFEX Petro Line Limited and Cooldeal Limited, working in partnership with the Ondo State Government through ONDIPA.
Adekola said NEFEX is represented in the joint venture by Messrs Navid, Egbal and MJ, while BINL’s representation includes its Directors, Henry Owonka and Steve Dike. Namvapor Maryam Fard is representing Cooldeal Limited.
The statement read: “As a follow up to the engagements and sharing of information and technical reviews and presentations with the Ondo State Investment Promotion Agency, the partners have initiated the necessary process by the establishment of the Sunshine Joint venture Infrastructure Limited, the platform by the partners, Bacckbone Infrastructure Limited, NEFEX Petro Line Limited and Cooldeall Limited, to work with the Ondo State Government, represented by ONDIPA.”
In order to advance the implementation roadmap, ONDIPA officials had led a combined team of JV partners and global technical consultants from China Harbour, China Engineering and Honeywell on a site assessment tour across the Ilaje waterways.
The visit, which included engagements with community stakeholders, covered the designated development zones earmarked for the refinery and free trade operations.
Adekola described the visit as “a major milestone confirming the readiness of partners to move from planning to structured execution.”
Adekola added that the team had earlier been received by the Ondo State Governor, Lucky Aiyedatiwa, during a courtesy visit led by the Chairman of BINL and former Senate President, Senator Ken Nnamani.
Aiyedatiwa had lauded the investors for selecting Ondo as the destination for the large-scale project, noting that the initiative would accelerate industrial growth in the state and contribute meaningfully to Nigeria’s economic diversification agenda.
“We are committed to providing a conducive environment for this partnership to thrive and for all stakeholders to enjoy mutually beneficial outcomes,” the governor was quoted as saying.
The delegation also visited the Olugbo of Ugbo Kingdom, Oba Frederick Obateru Akinruntan, who expressed strong support for the project, particularly its potential to transform the Ilaje coast into a major industrial hub.
The monarch warmly received the foreign partners, including Egbal, JM and Maryam, and assured them of the kingdom’s backing, including community cooperation and security.
“Ugbo Kingdom will give full support to ensure the success of the project for the benefit of all,” the Olugbo told the team.
Adekola said the joint venture remains committed not only to the project’s technical success but also to ensuring local communities benefit from modern social amenities. Planned interventions include hospitals, schools, potable water systems, and new settlement clusters equipped with essential infrastructure.
“The team is fully aligned with the design plans and will follow through on every step of the roadmap to deliver a world-class industrial project,” he added.
The refinery and free trade zone development project forms part of Ondo State’s long-term industrialisation plan aimed at leveraging the economic potential of its coastal belt. Earlier project outlines include pipelines, tank farms, modular and standard refinery units, fabrication yards, export-processing facilities and a dedicated logistics corridor intended to attract global energy and manufacturing players.
The refinery, upon completion, is expected to meet local demand for petroleum products, provide feedstock to industries, and export refined products to international markets. It will also include storage facilities, loading bays, terminals, and a network of internal roads, according to the project brief.
Sunshine Joint Venture Infrastructure Limited Established to Propel Completion of Ondo Refinery, FTZ Project
News
NCYP Seeks Probe of Viral Video Allegedly Threatening Christians in Jos, Enugu
NCYP Seeks Probe of Viral Video Allegedly Threatening Christians in Jos, Enugu
By: Michael Mike
The Northern Christian Youth Professionals (NCYP) has called for an urgent security investigation into a viral video allegedly showing members of the JIBWIS First Aid Youth Group calling for Christians to be killed in Jos and Enugu with AK-47 rifles.
The organisation warned that inflammatory religious rhetoric could trigger another crisis in Northern Nigeria, urging security agencies to establish the authenticity and circumstances of the video and prosecute anyone found culpable.
In a press statement issued on Tuesday, the National Chairman of NCYP, Isaac Abrak, condemned the alleged incitement, describing the development as disturbing and calling for a lawful response to prevent an escalation of religious tensions.
Abrak said religious extremism, hate speech and incitement to violence had contributed to the insecurity affecting Northern Nigeria, where Christians and Muslims continued to suffer deaths and displacement from terrorism and banditry.
He urged security agencies to investigate the video, identify those responsible for any unlawful statements and ensure that appropriate legal action was taken where necessary.
The NCYP chairman also called on Islamic scholars, Muslim leaders and traditional rulers to condemn attempts to exploit religion to promote hatred, intolerance and violence.
He stressed, however, that Christian leaders and communities must resist provocation, reject reprisals and allow the authorities to handle the matter through established legal channels.
According to him, failure to address inflammatory rhetoric could undermine efforts to rebuild peaceful coexistence between Christians and Muslims after years of religious and communal tensions.
Beyond its security implications, Abrak said persistent insecurity had inflicted severe damage on Northern Nigeria’s economy, contributing to the decline of once-thriving textile factories, confectionery industries, tanneries and other businesses.
He said the resulting business closures and economic disruption had contributed to job losses and deepening poverty across the region.
The organisation maintained that lasting peace and economic recovery would remain difficult to achieve without mutual respect, religious tolerance and accountability for those who promote violence.
It warned against allowing the alleged actions of individuals to undermine the future of communities whose livelihoods and development depend on peaceful coexistence.
“Northern Nigeria cannot achieve lasting peace, security or economic prosperity without mutual respect and religious tolerance,” the statement said.
The NCYP urged residents to remain calm as the authorities investigate the matter, warning that retaliatory actions could further endanger lives and worsen existing religious divisions.
It reiterated that anyone found to have engaged in unlawful incitement should be held accountable under the law, stressing that the protection of lives and the preservation of peace must take precedence over religious or communal differences.
The statement did not independently establish the authenticity of the viral video or whether the people featured in it were acting on behalf of the JIBWIS First Aid Youth Group.
NCYP Seeks Probe of Viral Video Allegedly Threatening Christians in Jos, Enugu
News
ECOWAS: E-commerce Can Raise West African Trade to 35%, Boost Small Businesses
ECOWAS: E-commerce Can Raise West African Trade to 35%, Boost Small Businesses
By: Michael Mike
The Economic Community of West African States (ECOWAS) is looking to digital commerce to increase intra-regional trade from its historically low level of below 15 per cent to between 30 and 35 per cent, while expanding market access for women, young people, persons with disabilities and small businesses.
The Director, Directorate of Trade, Kolawole Sofola made this revelation on Tuesday, during the meeting of the E-Commerce Community Forum organized by ECOWAS Commission in Abuja, said e-commerce could dismantle longstanding barriers to trade by enabling entrepreneurs to sell goods across borders without the cost of renting physical shops or maintaining conventional business premises.
He said the meeting was called for the implementation of the region’s e-commerce strategy and identifying additional interventions to make digital trade more inclusive.
The meeting brought together economic stakeholders to assess progress in implementing the strategy and develop recommendations to expand participation in the digital economy, particularly among groups that face barriers to accessing markets.
“We believe e-commerce will open up many doors. It will certainly bring the barriers to trade down,” Sofola said.
According to the official, digital platforms could enable entrepreneurs to operate from their homes, reach customers beyond their immediate communities and access markets across the region without incurring the substantial costs associated with conventional retail businesses.
The approach is expected to create opportunities for micro and small enterprises, which often struggle to compete with larger businesses because of limited capital, inadequate infrastructure and restricted access to customers.
By connecting buyers and sellers through digital platforms, e-commerce could also improve access to information about products, facilitate business connections and enable traders to identify commercial opportunities beyond their national borders.
Sofola, however, acknowledged that the benefits of digital commerce would remain limited unless governments and regional institutions addressed the infrastructure and affordability challenges preventing many people from participating.
Access to reliable internet services and the cost of digital facilities remain significant obstacles, particularly for entrepreneurs and communities in rural areas.
He said regional programmes aimed at improving broadband connectivity and extending internet access would be important to ensuring that e-commerce reached ordinary citizens rather than remaining the preserve of businesses and individuals with better digital resources.
The emphasis on inclusivity is also intended to ensure that women, young people and persons with disabilities can benefit from the opportunities offered by digital trade.
For these groups, online platforms could provide alternative routes into business by reducing the need for expensive commercial premises and making it easier to connect with customers and suppliers.
He noted that the stakeholders’ meeting would examine the progress made under the existing e-commerce strategy, identify gaps in implementation and generate further recommendations for improving participation.
Beyond expanding individual businesses, ECOWAS sees digital commerce as a potential instrument for strengthening regional economic integration by enabling traders to connect more easily across national boundaries.
He also noted that intra-regional trade had historically remained below 15 per cent, although the figure did not fully reflect informal cross-border transactions, which account for a significant share of commercial activity in West Africa.
He expressed optimism that e-commerce could help improve the situation by connecting traders with buyers across the region, making product information more readily available and opening up new channels for commercial transactions.
The region’s longer-term ambition, the official said, was to increase intra-regional trade to between 30 and 35 per cent in the coming years, with targets for 2035 and 2050 expected to guide its broader development objectives.
Sofola also stressed the need to assess the progress made over the past 50 years of regional development while identifying additional measures needed to deepen economic cooperation.
However, achieving the proposed trade expansion will require more than the adoption of digital platforms. Reliable internet connectivity, affordable access, effective implementation of regional policies and the capacity of small businesses to use digital tools will be critical to translating the strategy into measurable economic gains.
The ongoing review is therefore expected to help determine how regional interventions can make e-commerce more accessible, strengthen commercial links among member states and enable a broader section of West African society to participate in the regional economy.
ECOWAS: E-commerce Can Raise West African Trade to 35%, Boost Small Businesses
News
37 Miners Suffocated in NSCDC Custody, Panel Recommends N1.4bn Compensation
37 Miners Suffocated in NSCDC Custody, Panel Recommends N1.4bn Compensation
By: Michael Mike
A Federal Government investigative panel has found that 37 suspected illegal miners who died in the custody of the Nigeria Security and Civil Defence Corps (NSCDC) in Niger State died from asphyxiation, recommending N1.4 billion in compensation for affected families and survivors.
The panel also recommended the summary dismissal of the Niger State NSCDC Commandant and other officers found to have been directly involved in the incident, describing the deaths as avoidable and calling for measures to prevent a recurrence.
The chairman of the 10-member independent investigative committee, Jonathan Kure, a retired Deputy Director-General of the Department of State Services, disclosed the findings on Tuesday while presenting the panel’s report to the Minister of Interior, Olubunmi Tunji-Ojo, in Abuja.
The recommendations followed investigations into the deaths of 37 suspected illegal miners who died on September 17, 2026, while being detained by the NSCDC in Minna, the Niger State capital.
The victims were among dozens of people arrested during anti-illegal mining operations in the M.I. Wushishi and Lukoto areas of the state.
According to reports on the panel’s findings, the committee recommended N1.4 billion in compensation for the families of 33 deceased victims and 44 survivors affected by the incident.
The panel also called for the dismissal of the state commandant and officers whose involvement in the arrests, detention and circumstances surrounding the deaths was established.
Fourteen of the deceased were reportedly minors, raising further concerns about the treatment of young people detained during the operation.
The Federal Government constituted the independent committee following public outrage over the deaths and President Bola Tinubu’s directive for a comprehensive, transparent and unhindered investigation.
The committee was mandated to establish the circumstances surrounding the arrests and detention, determine the cause of death, identify possible negligence or misconduct and recommend appropriate sanctions and compensation.
The incident had earlier triggered protests in Minna, with residents and relatives of the deceased demanding answers over how so many detainees could die while in government custody.
Initial accounts from the authorities suggested a possible disease outbreak, while survivors subsequently described overcrowded and poorly ventilated detention conditions.
Some survivors also alleged that an unidentified substance was sprayed into the cell before detainees began experiencing breathing difficulties and other unusual symptoms.
Those accounts raised questions about the conditions in which the suspects were held and whether security personnel responded adequately to their distress.
The allegations, however, required independent verification, including forensic examinations, before responsibility for the deaths could be conclusively established.
In September, the Minister of Interior announced the suspension of the Niger State NSCDC Commandant and 20 other officers pending the outcome of the investigation.
The committee subsequently inspected the detention facility, visited relevant locations, conducted autopsies and obtained statements from NSCDC personnel, survivors, relatives of the deceased and other witnesses.
It also reviewed documentary and forensic evidence as part of efforts to reconstruct the events leading to the deaths.
Before the submission of its final report, the panel had identified institutional weaknesses, alleged overzealousness among personnel and inadequate training as issues requiring attention.
The committee had sought additional time to complete its work, citing the volume of evidence and the need to obtain and review medical and forensic reports while allowing persons implicated in the incident to respond.
The latest findings and recommendations now place the responsibility on the relevant authorities to determine and implement appropriate disciplinary measures, address compensation for affected families and survivors, and strengthen safeguards against deaths in custody.
Receiving the report, Tunji-Ojo pledged that the Federal Government would implement the committee’s recommendations to ensure justice for the victims and prevent a recurrence.
The minister also directed the NSCDC leadership to suspend officers allegedly involved in cleaning the detention facility in an attempt to destroy evidence, according to reports on the presentation of the panel’s findings.
The circumstances surrounding the deaths have renewed concerns about accountability within Nigeria’s security agencies and the protection of the rights of people held in detention.
The implementation of the panel’s recommendations, particularly the proposed compensation, disciplinary sanctions and institutional reforms, will be a key test of the government’s commitment to accountability in the case.
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