The Nigerian Capital Development Fund (NCDF) has finalised plans to launch the Future Nigeria Development Initiative (FNDI), a transformative program designed to drive impact investing, human capacity development, and technical assistance across Nigeria. This initiative aligns with Nigeria’s national development goals and the Renewed Hope Agenda of President Ahmed Bola Tinubu, focusing on job creation, economic inclusion, and sustainable infrastructure development. The Executive Chairman, NCDF, Hareter Oralusi said the organization is interested in investing in projects that will create social impact, especially job creation with start-up businesses, renewable energy and capacity building for local governments. With discussions ongoing with Edo…
Author: orientalnewsng
Yemisi Izuora The Guaranty Trust Holding Company Plc (GTCO), has expanded its intervention aimed at boosting domestic gas utilisation in the country. The Holding Company in a move to provide leadership in that space has launched its “Waste for Gas” project to improve quality of life for households and empower women in underserved communities. This transformative initiative aims to distribute 3,000 3kg gas cylinders with burners to low-income households in Obafemi Owode Local Government, Mowe, Ogun State. The Waste for Gas project underscores GTCO’s unwavering commitment to improving outcomes for people and communities. By providing households with gas-powered cooking, the…
Yemisi Izuora The Nigerian Gas Association (NGA) has been appointed an Association Partner for the World Gas Conference (WGC) 2025. Under the arrangement the Association will host a dedicated Nigerian Pavilion showcasing to a global audience Nigeria’s gas story and the abundance of opportunities within the industry. The conference, which is the most significant global gathering of gas and energy professionals, will take place from May 19 to 23, 2025, at the China National Convention Centre in Beijing, with over 30,000 participants from 70 countries, 600 companies, and 400 expert speakers expected to attend, the event offers an unparalleled platform…
Yemisi Izuora Shell has identified key enablers for boosting local content in the oil and gas industry, saying strategic partnerships, capacity building and adherence to regulations would help Nigeria to derive more value from the participation of local business in such operations. The remark was made by the General Manager, Nigeria Content Development of The Shell Petroleum Development Company of Nigeria Limited (SPDC) Olanrewaju Olawuyi, at a panel session on “on “Local Content Private Sector” at the ongoing Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) in Lagos. Drawing lessons from the experience of Shell Companies in Nigeria, Olawuyi said…
Yemisi Izuora The Nigerian Content Development and Monitoring Board (NCDMB) and Starzs Gas Limited have expressed confidence about growth prospects of Nigeria’s gas subsector and the potential boost to industrialisation as the groundbreaking ceremony for a Compressed Natural Gas (CNG) Mother Station got underway in Iwhreken, Ughelli South, Delta State, on Thursday. Speaking at the event, the Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, represented by the General Manager, Corporate Communications and Zonal Coordination, Barr. Esueme Dan Kikile, commended Starzs Investments Company Limited, parent company of Starzs Gas, for pushing industry boundaries with its expansion into the gas…
Yemisi Izuora The Nigerian National Petroleum Company (NNPC) Ltd has dismissed as false and misleading allegations made in a viral video circulating online, which claims that NNPC fuel does not last. This assertion is baseless and entirely unfounded, originating from unverified and amateur research that lacks credibility, accuracy, and professional oversight, NNPCL said. The Company reaffirms that its fuel is carefully formulated with one of the best compositions, ensuring optimal efficiency, durability, and environmental sustainability for consumers. “Furthermore, it is important to emphasize that a significant percentage of Premium Motor Spirit (PMS) sold at NNPC retail stations in Lagos—where this…
Yemisi Izuora The Nigeria AfCFTA Coordination Office with support from the United Nations Economic Commission for Africa (UNECA) have made public the enhanced ‘ Market Access Guide and E-Commerce Platform’ created to assist women and youth business owners and traders in a Nigeria. This was done in collaboration with key partners, especially the Nigeria Export Promotion Council (NEPC). The aim of these tools is to enhance the competitiveness of women and youth under the AfCFTA framework, by helping them understand areas of opportunity, how to access the markets where te opportunities exist, using the platform for visibility, matchmaking etc. The…
Yemisi Izuora The Nigerian Export Promotion Council (NEPC), has expressed its deep commitment towards boosting Nigeria’s Non-Oil exportable products. The Agency, said it is working in tandem with stakeholders any forging reliable partnerships to improve the country export market. The NEPC, established to promote the Export of non- oil products from Nigeria to Africa and the rest of the world at large, said it is keying into the present administration’s drive to boost the economy and also to strengthen the currency The regional coordinator South West officers of the NEPC, Ganiyu Gbaolagade, who was represented by Mrs Florence Ofonedu-okafor in his…
Faces At The Ongoing Final Validation Of The Market Access Guide And E-commerce Platform At AFCFTA Women And Youth Workshop In Lagos.
The NNPC Ltd/FIRST Exploration & Petroleum Development Company Limited Joint Venture (JV) has wrapped up its third annual medical outreach in Bayelsa State, reinforcing its commitment to community well-being and sustainable development. Over five days from January 29 to February 2, 2025 more than 3,800 beneficiaries across 11 host communities received vital healthcare services. The outreach provided general consultations, laboratory tests, vision screenings with prescription eyeglasses, and dental care including fillings, cleanings, and extractions. In addition, the program distributed preventive essentials such as treated mosquito nets for pregnant women and children, deworming medication, sanitary products, and oral hygiene kits. A…