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NNPCL announces Establishment of Five Mini-LNG Plants in Ajaokuta, to Boost Local Content

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Natasha Akpoti-Uduaghan

The Nigerian National Petroleum Company Limited (NNPC) has announced plans to establish five mini-liquefied natural gas (LNG) plants in Ajaokuta Local Government Area, Kogi State, by 2025.
The announcement was made by Senator Natasha Akpoti-Uduaghan, Chairman of the Senate Committee on Local Content, during the 13th Annual Practical Nigerian Content (PNC) forum.

Describing the project as a historic milestone, Senator Akpoti-Uduaghan noted that this initiative represents the largest concentration of LNG plants in a single district in Nigeria.
She emphasized that the plants would serve as a cornerstone for advancing Nigeria’s local content agenda while boosting economic growth and innovation in the region.
“This is not just good news for Kogi but a significant step for Nigeria. Five mini LNG plants in one district are unprecedented and position Ajaokuta as a critical hub for technological and industrial advancements,” she stated.
The senator used the occasion to call for a redefinition of Nigerian content beyond traditional capacity building in the Oil and Gas sector.
She proposed a comprehensive framework for national development focused on innovation, sustainability, collaboration, and global competitiveness.

“For decades, Nigerian content has been synonymous with developing local capacity in the Oil and Gas sector. While this has laid a solid foundation, we must now look beyond and embrace a broader vision that creates value, fosters self-reliance, and establishes Nigeria’s legacy on the global stage,” she said.
Senator Akpoti-Uduaghan outlined a strategic approach to national transformation, centered on four pillars:
Extending Nigerian content policies to sectors like ICT, renewable energy, and healthcare.
Providing incentives for local firms to innovate and adopt sustainable practices.
Utilizing technology for real-time monitoring of compliance with local content laws.
Establishing industrial clusters, such as Ajaokuta’s proposed technology hub, to integrate research, manufacturing, and exports.
Facilitating access to advanced technologies for local enterprises to enhance global competitiveness.
Encouraging local processing of raw materials, such as refining crude oil domestically and producing petrochemicals.
Incentivizing Nigerian firms to provide high-value services like engineering and consultancy.
Supporting local enterprises in accessing international markets and reducing export bottlenecks.

Leveraging the African Continental Free Trade Area (AfCFTA) to strengthen Nigeria’s position as a regional leader in trade.

Ajaokuta as a Technological Hub

Highlighting the economic potential of Ajaokuta, the senator noted that the district could become a center for innovation and manufacturing, particularly in the production of essential industrial equipment like rigs.

“For every deep-water operation, rigs are indispensable, and the cheapest rig costs about $10 million. Imagine the impact if we manufactured these rigs locally, using steel produced in Ajaokuta. This would save the country billions and create thousands of jobs,” she explained.

Learning from Global Examples

Senator Akpoti-Uduaghan referenced countries like Malaysia, South Korea, and Brazil, which have successfully used localized content to drive national transformation. She pointed to Malaysia’s PETRONAS and South Korea’s Hyundai as examples Nigeria could emulate.

“Nigeria has the resources and talent to achieve similar success. What we need is the will to act decisively and the strategic vision to implement transformative policies,” she said.

A Call for Sustainability and Inclusivity

The senator underscored the importance of Environmental, Social, and Governance (ESG) principles in redefining Nigerian content, advocating for green technologies, social inclusivity, and ethical practices.

“Our journey to redefine Nigerian content must prioritize sustainability, ensuring that the wealth we create today benefits future generations. By empowering women, youth, and marginalized communities, we can achieve a more inclusive economy,” she added.

A Path to Global Relevance

With the establishment of the LNG plants in Ajaokuta and a broader push to redefine local content, Senator Akpoti-Uduaghan expressed optimism about Nigeria’s potential to lead in global markets.

“This is not just about compliance but about building a legacy of innovation, competitiveness, and sustainability. Together, we can create a Nigeria where industries lead globally, youths innovate for the future, and resources generate long-term wealth,” she concluded.

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FG Hits Back at Emir Sanusi’s Economic Reform Remarks: ‘We Don’t Need Your Approval’

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Bola Tinubu and Sanusi Lamido Sanusi

The Federal Government has delivered a sharp rebuttal to Emir Muhammadu Sanusi II’s recent remarks about President Bola Tinubu’s economic reforms, expressing disappointment over his refusal to endorse the government’s actions.

Sanusi, a former Central Bank of Nigeria (CBN) governor, had voiced his hesitation to speak in support of the reforms, stating, “I have decided not to speak about the economy or the reforms, nor to explain anything regarding them. If I explained, it would only help this government, and I don’t want to help this government.” His comments were made at a public event in Lagos, where he also indicated that he would withhold his explanations despite the significant economic impact of the reforms.

In response, Minister of Information and National Orientation, Mohammed Idris, acknowledged that Sanusi’s decision to withhold support for the government’s economic agenda was his personal choice, but expressed frustration at his stance.
“It is rather curious for someone from an institution that champions transparency and integrity to openly admit to withholding the truth due to personal interests,” Idris remarked.
The Minister stressed that while everyone has the right to their opinion, the reforms under President Tinubu were designed to confront deep-rooted economic challenges, requiring bold and transformative actions. These reforms, including the unification of exchange rates and the removal of the fuel subsidy, are vital steps to secure Nigeria’s economic future.
Idris addressed Sanusi’s acknowledgment that the current economic pains were a necessary result of years of mismanagement, stating that these reforms are already showing positive results. “The unification of exchange rates has instilled investor confidence, leading to increased foreign reserves and better protection from external shocks,” he noted.

The government also highlighted the positive outlook for Nigeria’s economy, pointing to World Bank projections showing an upward trend in GDP and improvements in key sectors like infrastructure, education, and healthcare.

While expressing disappointment over Sanusi’s sudden criticism, Idris emphasized that Nigeria’s path to recovery requires unity and collective effort. “It is disheartening that reforms which were previously endorsed by experts like Emir Sanusi are now being subtly undermined,” he said.

Idris urged leaders like the Emir to set aside personal and partisan interests and work towards the greater good of the country. “This is a pivotal time for Nigeria, and what is needed is collaboration, not division,” he concluded.

The Federal Government reiterated that it remains committed to advancing economic reforms and fostering inclusivity, with a focus on long-term growth. The administration remains open to dialogue with all well-meaning stakeholders while steadfastly putting the country’s interests first.

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Ex-REDAN President Warns Developers of Moure Consult Fraud, urges FG Support on Housing

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By Ben Ogbemudia, Abuja

The immediate past President of the Real Estate Developers Association of Nigeria (REDAN), Dr. Aliyu Oroji Wamakko, has sounded an alarm to estate developers nationwide about the fraudulent tendencies of Moure Consult Ltd, under the leadership of its Managing Director, Sadiq Dalhatu Ado.
Speaking in Abuja, Dr. Wamakko revealed a surge in complaints from developers, particularly in the Federal Capital Territory, accusing Moure Consult Ltd of breach of agreements and unfulfilled promises.

According to Wamakko, many victims of the company have lodged formal petitions with relevant agencies, citing dubious financial practices.
He disclosed that in February 2024, Moure Consult Ltd approached various developers with a proposal to secure loan facilities for infrastructure development. The firm touted its expertise and partnerships, luring developers into agreements under false pretenses.
“Developers met all conditions laid out by Moure Consult Ltd with the expectation of receiving funds within 45 working days. But to date, no funds have been disbursed. Instead, developers have been subjected to excuses, missed deadlines, and evasive tactics,” Wamakko said.
The former REDAN president noted that victims were promised that funds, allegedly placed in fixed deposits, would be available by May 30, 2024. However, the deadline passed, and subsequent extensions yielded no results. Instead, developers received vague alternatives, including agricultural proposals and state contracts, which Wamakko described as distractions.
He condemned these actions, calling them a betrayal of trust that tarnishes the real estate industry’s credibility.
Amidst the warning, Wamakko urged the Federal Government to support the private sector in achieving affordable housing through the Ministry of Finance Incorporated (MOFI). He called for deliberate funding under President Bola Tinubu’s Renewed Hope Housing agenda to bridge Nigeria’s housing deficit.
“The government must create avenues for accessible financing that empower reputable developers to deliver affordable housing to Nigerians. It’s time to address the systemic barriers affecting both developers and citizens seeking shelter,” Wamakko emphasized.
This clarion call serves as a dual message: to warn against fraudulent practices and to advocate for proactive government intervention in the real estate sector.

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Neglect of War Veterans, Families Clouds Armed Forces Remembrance Day

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As Nigeria marked the 2025 Armed Forces Remembrance Day, voices of discontent from war veterans, widows, and civil society organizations took center stage, highlighting the neglect faced by those who sacrificed for the nation’s peace and security.
The solemn event, held across various locations, honored fallen heroes, but the lamentations of widows and retired servicemen revealed the systemic failures in supporting these individuals and their families.
At the Tafawa Balewa Square in Lagos, Mrs. Oluwaseyi Iliya, leader of the “Wives of Fallen Heroes” group, expressed disappointment with the Lagos State government. She criticized the lack of meaningful support for military widows, noting that promises made in previous years had not materialized.

“Military widows are suffering. Our husbands died serving this nation, but we’ve been abandoned,” she said. Iliya recounted a 2024 initiative where some widows received foodstuffs and grinding machines, but no further support followed.
Retired Col. Nasiru Salami, a 76-year-old civil war veteran, echoed similar sentiments, recounting his own struggles with unpaid pensions and unfulfilled promises. Speaking on Channels Television, Salami said, “I cannot recommend the Nigerian Army to my children because of how poorly we’ve been treated.”
Salami, who served on the Biafran frontlines during the Civil War, revealed that over 24,000 veterans in Lagos are still awaiting their war bonuses, more than five decades after the conflict ended.
Prominent Nigerians, including Peter Obi, and organizations like the Civil Society Legislative Advocacy Centre (CISLAC), have called for immediate government action. Obi urged the Federal Government to prioritize healthcare, education, and timely payment of benefits for military personnel and their families.
“These measures will inspire greater commitment and reinforce the dedication of our armed forces,” Obi stated on social media.
CISLAC’s Executive Director, Auwal Rafsanjani, called for national recognition of fallen heroes’ families, emphasizing empowerment programs and scholarships for widows and children as essential steps.
Vice President Kashim Shettima, representing President Bola Tinubu at the national parade in Abuja, acknowledged the sacrifices of Nigeria’s military personnel. He urged Nigerians to contribute to the welfare of the families of fallen heroes, while Lagos State Deputy Governor Obafemi Hamzat called for public support to alleviate their hardships.

Despite these appeals, many widows and veterans remain skeptical, viewing these gestures as hollow without tangible action.
As the nation reflects on the sacrifices of its armed forces, the voices of widows and veterans underscore the need for systemic reform. Beyond wreath-laying ceremonies, Nigeria must honor its fallen heroes by ensuring their families are not forgotten and their sacrifices are truly appreciated.
The Armed Forces Remembrance Day, while a solemn occasion, must inspire action to address the plight of those who gave their all for the nation’s peace and security.

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