Saturday, January 17, 2026
27.6 C
Lagos

Business

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Insurance

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

GCR Ratings (GCR) has upgraded NEM Insurance Plc’s national...

Sovereign Trust Insurance Unveils Lucas Durojaiye as New MD/CEO

The Board and Management of Sovereign Trust Insurance Plc...

Business

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

NIPR Postpones Annual PRICE Awards to Jan 25, 2026

The Nigerian Institute of Public Relations (NIPR) has deferred...

Wines of Canada Debuts in the Nigerian Market

Carl DIB Merchandising Limited, a leading company in the...

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

P+ Measurement Services, Nigeria’s leading independent media intelligence and...

ICT

Konga Partners Verve to Delight Customers with Free Shopping Vouchers

  Konga, Nigeria’s leading composite e-commerce platform has partnered with...

NCC Spotlights Renewable Energy on World Consumer Rights Day

  The Nigerian Communications Commission (NCC) has concluded arrangements to...

Governors, NCC Set for Broadband Awareness Forum Oct 20

All Nigeria State Governors are set to discuss how...

VerveLife 5.0 Gears Up for Nairobi, Lagos Events

Following a successful series of Verve Life 5.0 satellite...

Telecom Infrastructure Critical to Successful 2023 Elections – Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

Capital Market

Tinubu Applauds NGX N100tn Milestone, Charges Nigerians to Invest More Locally

President Bola Tinubu has praised corporate Nigeria, citizens, and...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

NGX Chair: Media Coverage of Capital Market Key to Sustainable Growth

OPENING REMARKS BY THE CHAIRMAN, NIGERIAN EXCHANGE GROUP (NGX)...

Stanbic IBTC Capital Clinches 4 Top Honours at AIHN Investment Banking Awards 2025

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings,...

Insurance

Sovereign Trust Insurance Strengthens Partnership with TEXEM UK

L-R: Akinwumi Akinrinmade, ED, Technical Operations, Sovereign Trust Insurance...

SanlamAllianz Takes Financial Education to Lagos Markets

Insurance giants, SanlamAllianz has launched a financial education campaign...

GCR Upgrades NEM Insurance Rating to AA+ on Sustained Profitable Growth, Stable Outlook

GCR Ratings (GCR) has upgraded NEM Insurance Plc’s national...

Sovereign Trust Insurance Unveils Lucas Durojaiye as New MD/CEO

The Board and Management of Sovereign Trust Insurance Plc...

NNPC, JV Partners, NDDC Commission N24.5bn Ogbia-Nembe Road

L-R: Deputy Governor of Bayelsa State, Sen. Lawrence Ewhrudjakpo; Minister of Niger Delta, Hon. Abubakar Momoh; MD/CEO NDDC, Dr. Samuel Ogbuku; SPDC MD and Country Chair, Shell Companies in Nigeria, Mr. Osagie Okunbor; Rep of the CUIO NUIMS, Obinna Aralu; His Eminence, King Edmund Daukoru, Mingi XII, Amanyanabo of Nembe Kingdom and His Eminence, King Dumaro Charles Owaba, The Obanobhan III of Ogbia Kingdom during the commissioning of the 25.7km Ogbia-Nembe Road in Bayelsa State.

As part of activities to mark the one-year anniversary of the President Bola Ahmed Tinubu administration, the NNPC Limited and its joint venture partners – Shell Petroleum Development Company (SPDC), TotalEnergies, Nigeria Agip Oil Company (NAOC) – in collaboration with the Niger Delta Development Commission (NDDC), have commissioned the 25.7km Ogbia-Nembe Road in Bayelsa State.

The project, valued at N24.5 billion, traverses mangrove forests with seven bridges and five culverts, and connects 14 communities.

Speaking at the commissioning ceremony which held at Nembe on Monday, the Minister of the Niger Delta, Engr. Abubakar Momoh, who represented President Bola Ahmed Tinubu, said the project was in alignment with the President’s “Renewed Hope Agenda” for sustainable development in the Niger Delta region in particular and Nigeria in general.

“This project is evidence of what good partnerships can bring to communities,” the President said, urging other oil companies to collaborate with the NNPC and the NDDC to deliver transformative projects.

Earlier in his remarks, the NNPC Chief Upstream Investment Officer, Mr. Bala Wunti, who was represented by Mr. Obinna Aralu, expressed satisfaction with the completion of the road, describing it as “a testament to the power of collaboration and shared vision”.

He said the road was more than just infrastructure as it symbolises progress, connectivity, and opportunities for the Nembe people through seamless transportation, increase in economic activities and general improvement in the quality of life.

Wunti also thanked all the partners and stakeholders for their contributions to the successful delivery of the project.

On his part, the Managing Director of SPDC and Country Chairman of Shell Companies in Nigeria, Mr. Osagie Okunbor, highlighted the transformative impact of the project, stressing that it “will connect communities to the city center, boost economic activities, and reduce risks associated with river transport.

Okunbor reiterated Shell’s commitment to partnering with government agencies to deliver projects that are beneficial to the people of the Niger Delta region and Nigeria.

Also speaking, the Managing Director of NDDC, Dr. Samuel Ogbuku, said the commission was dedicated to completing projects across the Niger Delta region that serve the urgent needs in the communities.

The Bayelsa State Governor, Senator Douye Diri, who was represented by his Deputy, Senator Lawrence Ewhrudjakpo, commended the NDDC, NNPC and its partners for the project.

The epoch-making event was highly attended by top government officials and traditional rulers from Bayelsa State, including the Senate Committee Chairman on Niger Delta, Sen. Asuquo Ekpeyong; Chairman of the House of Representatives Committee on the Niger Delta, Hon. Erhiatake Ibori-Senu; Chairman of NDDC Governing Board, Mr. Chiedu Ebie; the Amayanabo of Nembe Kingdom, King Edmund Daukoru, Mingi XII and the Obanobhan of Ogbia Kingdom, King Dumaro Charles Owaba III.

The completion and commissioning of the Ogbia-Nembe Road mark a significant milestone in the on-going efforts by the NNPC Limited and its partners to enhance infrastructure and promote sustainable development in the Niger Delta region.

Hot this week

State Police and the Questions Nigeria Can No Longer Avoid

By Tosin Osasona Nigeria’s post-1999 democratic era has coincided with...

NESG Hosts 2026 Macroeconomic Outlook, Highlights Growth Prospects, Reform Consolidation

L-R: Mr. Omoboyede Olusanya, Vice Chairman II, Nigerian Economic...

Rand Merchant Bank Nigeria Acts as Lead Issuing House on the N236bn PRESCO Rights Issue

Rand Merchant Bank Nigeria Limited is pleased to announce...

MTN: The Best Mobile Internet Performance in Nigeria 2025

  Analysis period: January 1, 2025 - December 31,...

Aviation: Five Key Risks That Will Shape 2026

By Marie Owens Thomsen Senior Vice President, Sustainability & Chief...

Topics

Unity Bank’s Yanga Account for Women Garners 97, 000 Customers in a Year

Yanga, a retail account designed exclusively (Only) for women...

ZTE Signs 5G R&D MoU with SoftBank

ZTE says that it has signed a deal with Japan's SoftBank to collaborate on research and development on pre 5G networks technology. Under the MOU, the two companies will cooperate on R&D, evaluation and verification of mobile communications solutions based on ZTE's Pre5G technology, including Massive MIMO (multiple input multiple output).

Tourism & Technology Summit Africa Set for 3rd Edition

After a relapse of the Tourism and Technology Summit...

P+ Measurement Unveils Nigeria’s 1st Broadcast Advert Analytics Audit Report

Nigeria’s leading media measurement and evaluation agency, P+ Measurement...

Security of Data/Systems Top IT Priority in Africa, ME

Ensuring high levels of security of data and systems,...

NCRIB to Partner NAIPCO on Insurance Growth

The Nigerian Council of Registered Insurance Brokers (NCRIB) and...

UBA Consolidates as Gross Earnings Rise by 110%, Profit for Q1 Hits N156bn

United Bank for Africa Plc (UBA), Africa’s Global Bank,...
Exit mobile version