Nigerian Women in Oil and Gas Leadership Development Programme Records Resounding Success

Nigerian Women in Oil and Gas Leadership Development Programme Records Resounding Success

The second edition of the Nigerian Women in Oil and Gas Leadership Development Programme has been hailed as a major success, reinforcing the growing demand for leadership training among female professionals in the sector. The programme, sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) and facilitated by Lagos Business School (LBS), witnessed an overwhelming response, with over 300 applications submitted within just 72 hours, forcing an early closure of the application window.

Alero Onosode, HR Executive, Business and Leadership Coach, and Diversity & Inclusion advocate, described the programme as inspiring, highlighting its impact on female executives in the oil and gas industry. “I was privileged to meet 35 exceptional female executives as they sharpened their leadership skills and strategic focus. Their drive and the impact they are already making in the sector are highly encouraging,” Onosode stated.

The intensive programme provided participants with the critical skills and insights required to navigate the complexities of leadership in professional and entrepreneurial ventures within the oil and gas industry. However, Onosode emphasized that leadership training alone is not enough. She stressed the need for real-world opportunities within organizations to ensure the empowerment of female leaders, which is crucial for fostering innovation and industry transformation.

Expressing gratitude to key stakeholders, Onosode acknowledged the NCDMB for their sponsorship, Lagos Business School for their world-class faculty, and industry experts including Patricia Simon-Hart, Ibilola Amao Ph.D FEI FNSE FIoD FAEng, Chikezie Nwosu, and Ibiyemi Asaolu for their insightful presentations. She also commended her colleagues in the Diversity SWG (NCCF) for their dedication and commitment to advancing gender inclusivity in the sector.

Onosode called on industry players to actively support and expand such initiatives, stating that fostering female leadership in the oil and gas industry is vital for unlocking potential, driving innovation, and ensuring a more dynamic and inclusive sector.

 

Secret U.S.-Russia Talks in Saudi Arabia Spark Global Concerns as Ukraine and Europe Left Out

Secret U.S.-Russia Talks in Saudi Arabia Spark Global Concerns as Ukraine and Europe Left Out

Riyadh, Saudi Arabia – In a dramatic diplomatic move, top officials from the United States and Russia have gathered at the historic Diriyah Palace to discuss a potential end to the devastating war in Ukraine. The high-stakes meeting, held behind closed doors, is the most significant direct dialogue between Washington and Moscow since the war began in February 2022. However, the exclusion of Ukraine and European nations has raised serious concerns about the fairness and transparency of any potential agreement.

A Meeting Cloaked in Secrecy

The meeting, which lasted for more than four hours, was attended by key figures from both sides. The U.S. delegation was led by Secretary of State Marco Rubio, along with National Security Advisor Mike Waltz and Special Envoy Steve Witkoff. On the Russian side, Foreign Minister Sergey Lavrov, Kremlin foreign policy advisor Yuri Ushakov, and Kirill Dmitriev, head of the Russian Direct Investment Fund, were present.

While details remain scarce, sources close to the negotiations suggest that three main objectives were discussed:

  1. Restoring Diplomatic Channels – Both sides reportedly agreed to work toward reopening and restaffing embassies that had been closed or reduced in recent years due to rising tensions.
  2. Laying the Groundwork for Peace Talks – A proposal was made to create a negotiation team that could work on potential peace settlements.
  3. Future Cooperation Beyond the War – Discussions extended to possible economic and geopolitical cooperation if a resolution is reached.

Ukrainian Leaders Express Betrayal

The exclusion of Ukraine from these talks has sparked outrage in Kyiv. Ukrainian President Volodymyr Zelensky, speaking from Ankara, Turkey, expressed his frustration:

“How can there be discussions about our country’s fate without us at the table? Any deal that does not involve Ukraine is not a deal for peace—it is a deal for submission.”

His comments reflect a broader sentiment among Ukrainians, who fear that negotiations without their direct involvement could lead to a compromise that favors Russian interests at their expense.

European Leaders Demand a Seat at the Table

The secrecy of the talks has also alarmed European leaders, who have been some of Ukraine’s strongest allies. German Chancellor Olaf Scholz and French President Emmanuel Macron both released statements criticizing the exclusion of European representatives. A senior EU official, speaking anonymously, said:

“Europe has been on the frontlines of this crisis. We have provided aid, support, and military assistance. For the U.S. to engage Russia in discussions without us is deeply concerning.”

What Comes Next?

While both U.S. and Russian officials described the talks as “constructive,” no immediate agreements were reached. However, diplomatic insiders suggest that this meeting could be the first of many.

For now, the world watches with bated breath. Will these talks pave the way for peace, or will they deepen divisions and mistrust? Only time will tell.

VP Shettima Applauds NEDC’s Commitment to Education and Green Technology

VP Shettima Applauds NEDC’s Commitment to Education and Green Technology

 

By Anthony Emeka Nwosu

Vice President Kashim Shettima has praised the North East Development Commission (NEDC) for its progressive approach to development, highlighting its investments in education and green technology as transformative for the region. He made these remarks after receiving a detailed briefing from the NEDC management team on the progress of the Accelerated Senior Secondary Education Programme (ASSEP).

Shettima emphasized that the commission’s work goes beyond traditional infrastructure projects, focusing on long-term solutions that will shape the future of the North East. According to him, the ASSEP initiative is a crucial step in bridging educational gaps and empowering young Nigerians with knowledge and skills.

“ASSEP is a true game changer in this age and time—education is the greatest equalizer, enabling even the son of a peasant to become a celebrated icon,” he stated.

The Vice President also noted that NEDC’s initiatives would leave a lasting impact, ensuring that future generations benefit from enhanced educational opportunities. He commended the commission’s leadership, the supervising ministry, and Dr. Masha for their unwavering dedication to the project.

“Yes, intervention in infrastructure is important, but ASSEP, along with potential investments in green technology, will truly transform the landscape,” Shettima remarked.

A Vision for Sustainable Development

The North East region has faced significant challenges, including the impacts of insurgency and economic hardship. The NEDC, established to drive post-conflict recovery and regional development, has prioritized strategic interventions beyond physical infrastructure. ASSEP is one such initiative, designed to accelerate secondary education for students, equipping them with knowledge to compete in a rapidly evolving world.

The Vice President’s mention of green technology investments signals a forward-thinking approach, ensuring that the region not only rebuilds but also embraces sustainable and environmentally friendly solutions for long-term growth.

As Nigeria continues its journey toward economic recovery and stability, initiatives like ASSEP and sustainable technology investments will play a crucial role in transforming the North East into a hub of progress and opportunity. The NEDC’s commitment to these areas positions it as a driving force in shaping a brighter future for the region.

NNPC Debunks Viral Video Alleging Poor Fuel Quality

NNPC Debunks Viral Video Alleging Poor Fuel Quality

The Nigerian National Petroleum Company (NNPC) Ltd has strongly refuted claims made in a viral video suggesting that its fuel does not last. The company described the allegations as false, misleading, and lacking any scientific or professional basis.

In an official statement, NNPC Ltd dismissed the video as the product of unverified and amateur research, emphasizing that its fuel is carefully formulated to ensure efficiency, durability, and environmental sustainability.

The company further clarified that a significant portion of the Premium Motor Spirit (PMS) sold at NNPC retail stations in Lagos—where the video originated—is sourced from the Dangote Refinery. The refinery adheres to strict industry standards, ensuring the quality of petroleum products supplied to consumers.

NNPC Ltd also condemned the video as an attempt by “economic saboteurs” to mislead the public and damage the company’s reputation. It warned that legal action would be taken against individuals or groups found spreading false information about its operations.

The company urged Nigerians to disregard the misleading video and rely on verified sources for accurate information. NNPC Ltd reaffirmed its commitment to ensuring the availability, affordability, and quality of fuel in line with global industry standards.

CBN Governor Advocates Stronger Economic Ties at AlUla Economic Policy Conference

CBN Governor Advocates Stronger Economic Ties at AlUla Economic Policy Conference

 The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has called for stronger economic ties between Nigeria, the Middle East, and the Nigerian diaspora community in the region. His remarks came during the inaugural Economic Policy Conference for Emerging Market Economies, organized by the Saudi Arabian Ministry of Finance and the International Monetary Fund (IMF) Regional Office in Riyadh.

Speaking on the theme “Policy Challenges Amid Structural Shifts in the World Economy,” Governor Cardoso highlighted Nigeria’s ongoing economic reforms and the CBN’s unwavering commitment to macroeconomic stability. He emphasized the importance of policy consistency and long-term resilience in fostering sustainable economic growth.

A key focus of his address was the role of digitalization in expanding financial inclusion across Nigeria. He underscored the impact of mobile money services and tech-driven financial solutions in reaching underserved communities, particularly women. “Digitalization is key to Nigeria’s financial inclusion efforts,” Cardoso stated, reaffirming the CBN’s strategy to leverage technology for broader economic participation.

Furthermore, the CBN Governor reaffirmed the bank’s recapitalization mandate, noting that the initiative is strengthening Nigeria’s financial sector and ensuring that banks are well-equipped to withstand future economic shocks.

Despite global economic uncertainties, Cardoso expressed confidence in Nigeria’s policy trajectory. “Nigeria’s tough but necessary policy decisions are paying off,” he concluded.

The AlUla Economic Policy Conference serves as a key platform for policymakers to address economic challenges and opportunities in emerging markets, with Nigeria positioning itself as a strategic player in global economic discussions.

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#AlUlaCEME2025 #NigeriaEconomy #FinancialInclusion #EconomicReforms #CBNCBN

Nigeria Customs Service Suspends 4% FOB Charge Amid Stakeholder Consultations

Nigeria Customs Service Suspends 4% FOB Charge Amid Stakeholder Consultations

 

The Nigeria Customs Service (NCS) has announced the suspension of the proposed 4% Free-on-Board (FOB) charge on imports as stipulated in Section 18(1)(a) of the Nigeria Customs Service Act (NCSA) 2023. The decision follows ongoing consultations with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun, and other key stakeholders.

The suspension aims to allow for further engagement with stakeholders to refine the implementation framework of the new Act. It also coincides with the expiration of the contract agreements with service providers, including Webb Fontaine, who were previously funded through the 1% Comprehensive Import Supervision Scheme (CISS). This transition presents an opportunity for the Customs Service to reevaluate its revenue framework comprehensively.

Under the previous funding structure, the separation of the 1% CISS and the 7% cost of collection resulted in operational inefficiencies and funding gaps for customs modernization. The NCSA 2023 seeks to address these issues by consolidating “not less than 4% of the Free-on-Board value of imports” to ensure sustainable funding for critical customs operations and modernization initiatives. The suspension will allow the Service to optimize this transition for better efficiency and national interest.

The Act also empowers the NCS to modernize operations through various technological innovations. Section 28 mandates the development and maintenance of electronic systems for seamless information exchange between Customs, other government agencies, and traders. Already, the Service has deployed digital solutions like the B’Odogwu clearance system, improving clearance times and transparency. Other technological advancements authorized by the Act include the Single Window System (Section 33), Risk Management Systems (Section 32), Non-Intrusive Inspection Equipment (Section 59), and Electronic Data Exchange Facilities (Section 33(3)).

The suspension period will enable further engagement with stakeholders to ensure proper alignment with the Act’s provisions while securing sustainable funding for modernization efforts. The NCS remains committed to executing the Act’s directives in a way that best serves stakeholders, enhances trade facilitation, and supports revenue generation.

A revised implementation timeline will be announced upon the conclusion of stakeholder consultations.

 

Peter Obi Visits Indonesia, Advocates Learning from Global Success Stories

Peter Obi Visits Indonesia, Advocates Learning from Global Success Stories

 Nigerian presidential hopeful Peter Obi has emphasized the need for Nigeria to adopt proven development strategies, drawing inspiration from Indonesia’s economic and social progress. Obi recently embarked on a five-day study trip to Indonesia, engaging with top stakeholders on critical areas such as security, education, healthcare, and poverty alleviation.

Reflecting on Nigeria’s economic trajectory compared to Indonesia, Obi highlighted the stark contrast in progress over the past two decades. In 2004, Indonesia’s per capita income stood at $1,136, slightly ahead of Nigeria’s $963. However, by 2024, Indonesia’s per capita income has surged to approximately $5,000, while Nigeria’s remains at around $1,000. Likewise, Indonesia has improved its Human Development Index (HDI) from medium to high, while Nigeria still lags in the low category.

“Indonesia now has 98% health insurance coverage, while Nigeria has less than 10%,” Obi pointed out, emphasizing the urgency of adopting policies that have yielded success in comparable nations.

The former governor of Anambra State plans to share key insights from his trip over the coming days, reinforcing his long-held belief that learning from tested models is the key to sustainable development.

“A new Nigeria is POssible,” he concluded.

Ogbo Awoke Ogbo Champions Organic Farming with Uncle Ogbo’s Probiotic Fufu

Ogbo Awoke Ogbo Champions Organic Farming with Uncle Ogbo’s Probiotic Fufu

In a bold commitment to clean, chemical-free food, Ogbo Awoke Ogbo, business owner coach and CEO of Uncle Ogbo Probiotic Fufu, has detailed the rigorous journey behind the creation of his organic fufu. From planting to packaging, the process is a labor of love, dedication, and unwavering commitment to purity.

“The path to creating Uncle Ogbo’s Probiotic Fufu™ is not for the faint of heart,” Ogbo stated. “From the start, we vowed to plant cassava without a single drop of herbicide, pesticide, or synthetic fertilizer.”

The journey, as he describes it, is grueling—navigating unpredictable weather, coordinating with local farmhands, and making numerous trips to the farm in his Ford 250 turbo Lariat diesel. Each cassava root is handpicked, peeled, and fermented using lime fruit for two weeks before undergoing a weeks-long sun-drying process. The final steps—blending and packaging—are completed with precision, ensuring the product remains 100% organic.Ogbo Awoke Ogbo - Business Coach Africa

Despite the challenges, Ogbo remains steadfast in his mission, driven by the alarming rise of adulterated food products in the market. “Families unknowingly consume foods laced with chemicals—fufu whitened with detergent, palm oil dyed with toxic colors, and crops grown with profit as the sole motive,” he said. “This is why we do it—to offer an alternative that is pure and life-giving.”

The first batch of Uncle Ogbo’s Probiotic Fufu is a testament to nature’s unpredictability. “From an expected yield of 1,000 bags, we harvested just 61. It’s humbling, even laughable, but it reinforces how rare and precious purity truly is,” he shared.

Looking ahead, Ogbo is uncertain about continuing production unless demand proves strong. However, he is willing to forge ahead for consumers who prioritize their health and well-being.

For those interested, each 2kg bag of Uncle Ogbo’s Probiotic Fufu™ is available for N30,500. Shipping across Nigeria is facilitated by GIG Logistics, with costs varying based on location. Due to limited stock, orders can only be placed via WhatsApp at +2348088000111, ensuring a fair distribution process.

“This is a limited batch. Purity is priceless, and it’s worth every effort,” Ogbo concluded, reaffirming his commitment to redefining food standards in Nigeria.

 

Tony Elumelu Advocates for Peace as a Catalyst for Africa’s Economic Growth

Tony Elumelu Advocates for Peace as a Catalyst for Africa’s Economic Growth

Tony O. Elumelu, C.F.R., Chairman of Heirs Holdings and Founder of the Tony Elumelu Foundation, has reiterated the critical role of peace and security in driving Africa’s economic transformation. During a recent visit to Ethiopia, Elumelu underscored the necessity of stability for fostering business growth, investment, and prosperity across the continent.

As part of this commitment, Africa’s Global Bank, UBA Group, has pledged $500,000 to the African Union (AU) Peace Fund, reinforcing its dedication to ensuring a secure future for Africa. According to Elumelu, peace is not merely an aspiration but a fundamental prerequisite for sustainable development.

“The AU Peace Fund plays a crucial role in conflict resolution, mediation, and securing a stable future for Africa,” Elumelu stated. “Without peace, there can be no progress. Our commitment at UBA Group extends beyond banking—we invest in Africa’s future, ensuring that businesses, communities, and nations thrive.”No alternative text description for this image

Elumelu emphasized that economic growth and security go hand in hand, noting that a conducive environment is essential for entrepreneurs to flourish and for youth to aspire to greater achievements. He urged businesses, governments, and individuals to recognize their role in fostering stability.

UBA Group has consistently demonstrated its commitment to Africa’s progress through various initiatives. During the COVID-19 pandemic, the bank contributed $14 million towards relief efforts, supporting healthcare systems and vulnerable communities. Its latest support for the AU Peace Fund is another step in its long-standing mission to uplift lives, empower businesses, and drive sustainable development.

“Development will come with peace. Every individual, business, and organization must play their part. We are honored to stand with the African Union on this journey,” Elumelu concluded.

As Africa continues to navigate socio-economic challenges, Elumelu’s call for peace-driven growth resonates as a clarion call for collective action, ensuring a stable and prosperous future for the continent.

 

MENXTT TECHNOLOGY: Revolutionizing Nigeria’s Digital Landscape with Innovative Tech Solutions and Premium Devices

MENXTT TECHNOLOGY: Revolutionizing Nigeria’s Digital Landscape with Innovative Tech Solutions and Premium Devices

 

IMENXTT TECHNOLOGY, a forward-thinking virtual startup based in Ikeja, is rapidly establishing itself as a leading force in the tech industry. Operating primarily online, the company is dedicated to bridging the digital divide by delivering top-tier devices and innovative business solutions to SMEs and individuals across Nigeria and beyond.

According to Anthony Emeka Nwosu, Media and Marketing Consultant of MENXTT TECHNOLOGY, “In a rapidly evolving digital landscape, MENXTT TECHNOLOGY is committed to empowering businesses and individuals with cutting-edge tools and solutions that drive growth, efficiency, and competitiveness. Our mission is to make advanced technology accessible and affordable for everyone.”

Comprehensive SME Solutions for a Digital Future
Recognizing the growing demand for efficient business management tools, MENXTT TECHNOLOGY offers a robust suite of SME solutions. These include website development and specialized Enterprise Resource Planning (ERP) software tailored to various industries. Their ERP solutions feature systems such as School Management Software, Hotel Management Systems, and other enterprise tools designed to streamline administrative processes, enhance operational efficiency, and improve overall business performance.

Cutting-Edge IT Services
Beyond ERP solutions, MENXTT TECHNOLOGY provides a wide range of IT services, including e-commerce platform development, digital marketing strategies, and cloud-based software integration. By leveraging advanced technologies, the company empowers businesses to optimize their operations, increase revenue, and remain competitive in an increasingly digital world.

Premium Devices for Reliable Performance
MENXTT TECHNOLOGY is also making waves in the hardware space by offering high-quality smartphones, tablets, and laptops sourced from Europe and the USA. These devices, known for their reliability and durability, come with warranties and exceptional after-sales support, ensuring customers receive the best value for their investments.

Three Reasons to Choose MENXTT TECHNOLOGY

  1. Superior Quality Devices – All devices, including smartphones, tablets, and laptops, are sourced from trusted manufacturers in Europe and the USA. Each product undergoes rigorous testing to guarantee reliability and longevity.
  2. Comprehensive Tech Solutions – From ERP software for schools and hotels to website development and cloud-based services, MENXTT TECHNOLOGY provides an all-in-one tech solution tailored to meet diverse business needs.
  3. Seamless Online Transactions & Support – As a fully online tech firm, MENXTT TECHNOLOGY enables effortless transactions and offers dedicated customer support, ensuring a smooth and hassle-free experience for customers nationwide.

A Fully Online Firm with a National Reach
Despite its physical location in Ikeja, MENXTT TECHNOLOGY operates entirely online, enabling seamless transactions and service delivery across different regions. The company’s commitment to innovation, quality, and customer satisfaction positions it as a go-to technology provider for businesses seeking growth and efficiency.

For more information about MENXTT TECHNOLOGY and its services, visit their website at www.menxtt.com.ng or contact them via email at info@menxtt.com.ng and menxtt.ng@gmail.com.

About MENXTT TECHNOLOGY
MENXTT TECHNOLOGY is a virtual startup based in Ikeja, Nigeria, specializing in providing innovative tech solutions and premium devices to SMEs and individuals. With a focus on quality, affordability, and customer satisfaction, the company is dedicated to empowering businesses and individuals to thrive in the digital age.

Media Contact:
Anthony Emeka Nwosu
Media and Marketing Consultant
MENXTT TECHNOLOGY
Email: info@menxtt.com.ng | menxtt.ng@gmail.com
Website: www.menxtt.com.ng