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Youths Vow to Stop SNEPCO’s Property Movement Out of Onne



  • Youths Vow to Stop SNEPCO’s Property Movement Out of Onne

Youths in Rivers State have restated their opposition to the alleged plans by Shell Nigeria Exploration & Production Company to relocate its Supply Base from Onne, Rivers State, to Lagos, vowing to stop any ship that tries to load the property of the company from sailing.

The threat is coming as part of the stiff opposition to the alleged planned relocation of the SNPECO supply base to Lagos by several groups, including the Rivers State Youth Federation, Onne Youths Council, Ijaw Youths Council, the Concerned Community Women of Rivers and the Rivers State Government.

Workers at the supply base; the Paramount Ruler of the Onne community, King Dennis Osaronu; as well as former Niger Delta warlord and the Amanyanabo of Okochiri Kingdom, Okirika Local Government Area of Rivers State, King Ateke Tom, have called on SNEPCO to shelve the planned relocation in the interest of peace in the Niger Delta region.

The President, OYC, Philip Tenwa, said no ship would be allowed to leave Onne with the property of SNEPCO because the relocation of the company would lead to the loss of more than 5,000 direct and indirect jobs in the community.

He also warned against surreptitious removal of the company’s property from Onne, saying this would be counterproductive.

Tenwa alleged that SNEPCO recently directed that all its property and equipment, including turbines, engine spares and miscellaneous equipment spares be loaded into containers and moved out of the Onne Port, where it has operated for more than 20 years, to another port in Lagos.

The OYC leader stated that apart from the small entrepreneurs and contractors, whose businesses would be affected by SNEPCO’s relocation, moving the supply base out of the Onne Free Zone would negatively affect the economy of Rivers State and the larger Niger Delta region.

“It will also put the means of livelihood of many families and the future of our children at risk as well as further swell the growing unemployment market in the Niger Delta region,” he added.

Earlier this month, the IYC had said it would not allow the 2019 general elections in the Niger Delta region if SNEPCO failed to reverse the relocation of its logistics base from Onne to Lagos.

The IYC President, Oweilaemi Pereotubo, maintained that the company’s resolve to move vital equipment, including turbines to Lagos from the Onne Free Trade Zone, where it has been operating for over 20 years, would lead to loss of thousands of jobs.

Pereotubo said, “We are totally against the relocation of SNEPCO out of Niger Delta to Lagos. If they claim the Niger Delta is not safe for them to live, it will also not be safe for them to carry out their oil and gas exploration and exploitation works.

“Our position on the relocation is irreversible and we are demanding that if they do not relocate to the Niger Delta between September 2018 and January 31, 2019, the Ijaw will ensure that there are no elections in the South-South come 2019.”

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.


Siemens Energy Nigeria Appoints Seun Suleiman as Managing Director




Seun Suleiman is the New Managing Director of Siemens Energy Nigeria

Mr. Seun Suleiman is the new managing director of Siemens Energy Nigeria, the company announced on Wednesday.

According to the statement released by the energy company, Suleiman will be responsible for the entire management of operations and decisions on business policies and corporate strategy.

Commenting on his appointment, Suleiman said, “It is an absolute honor to lead the business for Siemens Energy Nigeria and I look forward to delivering on the brand’s promise of excellence.

Suleiman joined Siemens Energy in 2014, bringing over 15 years’ experience and deep expertise in the private sector across Europe and West Africa.

The statement said, “He is an accomplished business strategist and success-driven leader with strong business acumen. Suleiman has also been a core member of the executive management team at Siemens Energy serving in roles as Sales Director West Africa – Service Distributed Generation Oil & Gas and Vice President Service & Digital.

“Prior to this, he also held various functional and managerial positions with ABB Ltd UK, ABBNG Nigeria, Schneider Electric Nigeria and Dresser-Rand Nigeria Ltd.

It added that Suleiman was experienced in establishing operational excellence with specific competence in the power, oil and gas sectors.

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FG Reopens Osubi Airport Warri for Daylight Operations




FG Reopens Osubi Airport Warri for Daylight Operations

The Federal Government on Monday said the Osubi Airport in Warri has been reopened for daylight operations.

The Minister of Aviation, Hadi Siriki, disclosed this in a tweet.

The airport was closed in February 2020 over mismanagement and debt allegation involving aviation service providers and airport management.

However, Oberuakpefe Afe, a lawmaker representing Okpe/Sapeie/vaie federal constituency, recently moved a motion for the Federal Government through the ministry of aviation and relevant authorities to reopen the airport for flight operations.

On Monday, Hadi Siriki said “I have just approved the reopening of Osubi Airport Warri, for daylight operations in VFR conditions, subject to all procedures, practices and protocols, including COVID-19, strictly being observed. There will not be need for local approvals henceforth.

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Nigerian Brand, JR Farms Acquires 11% Stake in Rwandan Firm




Nigerian Brand, JR Farms Acquires 11% Stake in Rwandan Firm

JR Firms, an agribusiness firm with headquarters in Nigeria, has announced partnership with Sanit Wing Rwanda through the acquisition of 11 per cent stake in the company.

The CEO of the company, Mr Rotimi Olawale, explained in a statement that the partnership was in furtherance of its goals to ensure food security, create decent jobs and raise the next generation of agrarian leaders in Africa.

The stake was acquired through Green Agribusiness Fund, an initiative of JR Farms designed to invest in youth-led agribusinesses across Africa.

Sanit Wing Rwanda is an agro-processing company that processes avocado oil and cosmetics that are natural, quality, affordable, reliable and viable.

The vision of the company is to become the leading producers of best quality avocado and avocado by-products in Africa by creating value across the avocado value chain.

With focus on bringing together over 20,000 professional Avocado farmers on board and planting of three million avocado trees by 2025 through contract farming, the company currently works with One Acre Fund in supply of avocado to its processing facility.

The products of the company which include avocado oil, skin care (SANTAVO), hair cream and soap are being sold locally and exported to regional market in Kenya.

With the new partnership with JR Farms- the products of the company will enjoy more access to markets focusing on Africa and the European Union by leveraging on partnerships and trade windows available.

Aside funding, the partnership comes with project support in areas of market exposure, capacity building, exposure and other thematic support to grow the business over the next four years.

JR Farms has agribusiness operations in Nigeria, Rwanda, United States and Zambia respectively.

In Nigeria, the company deals in cassava value chain processing cassava to national staple “garri” which is consumed by over 80 million Nigerians on daily basis, while in Rwanda, it works in the coffee value chain with over 4,000 coffee farmers spread across the East Central African country.

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