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Tinubu Commissions Gas Projects In Portharcourt, Assures Investors Of Enabling Environment

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President Bola Tinubu has reassured investors in the energy sector of his administration’s resolve to further enhance the business environment and ensure investment convenience.

The President gave the assurance while inaugurating three milestone projects, which are the expanded AHL Gas Processing Plant; the ANOH Gas Processing Plant, and the 23.3km ANOH to Obiafu-Obrikom-Oben (OB3) Custody Transfer Metering Station Gas Pipeline, on Wednesday.

During the virtual inauguration of the projects at the State House, President Tinubu also assured citizens that his administration is stepping up its coordination of other landmark projects and initiatives that will ensure the earliest realization of gas-fueled prosperity in the country.


The President noted that the projects are fully in line with the Decade of Gas Initiative and his government’s vision to grow value from the nation’s abundant gas assets while concurrently eliminating gas flaring and accelerating industrialization.

“This event is highly significant to our country as it demonstrates the administration’s concerted efforts to accelerate the development of critical gas infrastructure geared at significantly enhancing the supply of energy to boost industrial growth and create employment opportunities.

“It is pleasing that when these projects become fully operational, approximately 500MMscf of gas in aggregate will be supplied to the domestic market from these two gas processing plants, which represents over 25% incremental growth in gas supply.

“In practical terms, this is more gas to the power sector, gas-based industries, and other critical segments of the economy. I, therefore, commend the strategic vision of the NNPC Limited and its partners, Sterling Oil Exploration & Energy Production Company Limited (SEEPCO) and Seplat Energy Plc, for this laudable and value-adding project,” President Tinubu said.

The President said his government remains determined in its bid to leverage the nation’s vast gas capacity to drive economic growth.

“Aside from the presidential CNG initiative which is aimed at moving the good people of Nigeria away from petrol and diesel as vehicular combustion fuel, significant progress has also been recorded in incentivizing gas development through Presidential Directives.

“The theme of this inauguration – ‘From Gas to Prosperity; Renewed Hope’, must be adopted by all gas-sector participants and would-be investors as a clarion call to ramp up efforts to accelerate investment and developments of projects in the gas sector on a win-win basis.

“I would once again commend the efforts of NNPC Ltd, alongside SEEPCO and Seplat Energy, on this business partnership initiative, and congratulate you all on the successful implementation of the three projects,” the President said.

President Tinubu also reiterated his government’s resolve to continue to provide support in deepening domestic gas utilization, increasing national power generation capacity, revitalising industries, and creating multiple job opportunities for economic growth.

“Today, I have the singular honour to inaugurate the expansion of the AHL Gas Processing Plant, the ANOH Gas Processing Plant, and the 23.3Km ANOH to Obiafu-Obrikom-Oben (OB3) Custody Transfer Metering Station Gas Pipeline Projects in line with my administration’s resolve to provide energy for Nigerians, and to use our vast natural gas resources to transform Nigeria,” the President stated.

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TUC Threatens To ‘Down Tools’ Over Telecom Tariff Increase

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The Trade Union Congress (TUC) has threatened to go on strike if the Federal Government does not rescind its recent approval for the 50 per cent increase in telecommunications tariff.

The President of the TUC, Comrade Festus Osifo, made this known during an interview on Channels Television’s Politics Today on Thursday.

Following its National Administrative Council (NAC) meeting earlier in the day, the TUC condemned the proposed tariff hike, saying that it is not only ill-timed but also a deliberate act of economic oppression against Nigerians.

Asked if the union will down tools and enter the streets if the FG doesn’t act on their demand for the reversal of the decision, Osifo replied, “Yes! Correct!”

On the date the action will begin, Osifo said, “What we had today is the NAC meeting to bring about the sensitization. After that, we will have the CWC meeting and the NEC meeting. So, it is the responsibility of NEC of TUC to give a date and define the next line of action.”

The TUC president advised the Federal Government to tackle the root cause of the problem which he said is forex management rather than the symptoms.

“If you know what the root cause of the problem is, why would you start looking at the symptoms? So, all the increment that we are seeing today is the symptoms of the FX mismanagement.

“So, all we are asking is that let us sit down, let us look at how we can go back to that root cause because we strongly believe that if that root cause is addressed, there is no need for these symptoms to prop up,” Osifo said.

He acknowledged that the telecommunications companies are facing high costs of operations, but said that it would be better for them for the government to provide economic stability that will reduce the cost of operation instead of always looking to increase tariffs.

The proposed telecom tariff increase has raised dust among labour unions and civil society organisations. The Nigeria Labour Congress (NLC) had fixed a protest on Tuesday but suspended the action following a talk with representatives of the Federal Government.

After extensive deliberation, both the NLC and the FG agreed to set up a 10-man committee comprising five members from both parties to review and submit its report within two weeks.

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Well-Meaning Not Enough In Leadership, Fayemi Tells Tinubu

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Former Ekiti State Governor Kayode Fayemi says President Bola Tinubu means well with his policies but well-meaning is not enough in leadership.

The ex-governor, who described the president as his elder brother, said the Tinubu administration must have a policy framework that aligns with leadership acumen to get Nigerians the desired change.

“He (Tinubu) is well-meaning but well-meaning is not enough in leadership; intentionality is critical to success,” the All Progressives Congress (APC) chieftain said on Channels Television’s Politics Today programme on Thursday.

Fayemi, a high-ranking member of the president’s party and an ally of the number one citizen, said those in power know the truth but do not act the truth “because sometimes there are many mediating factors”.

He said, “President Bola Ahmed Tinubu has done many good things, we all must acknowledge that. He’s been bold to take on some of the most difficult decisions that previous leaders have been reluctant to take on.

“The fallout of those decisions has caused us huge cost of living crisis. Fuel subsidy removal, convergence of FX window.

“Whether you talk about student loan or other efforts at resisting insurgency, taming insecurity, tax policy reform, increase revenue into the federal coffers, some elements are there but need to come together.

“This is where effective policy framework go side by side with leadership acumen to get a change of narrative to the story. Maybe that’s the area where we need to do lots more.”

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El-rufai Can’t Unsettle Tinubu, He Can’t Even Win A Senate Seat –Bwala

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By Augustine Akhilomen

The Special Adviser to the President on Policy Communication, Daniel Bwala has disclosed that Nasir El-Rufai recent outburst can’t unsettle president Bola Ahmed Tinubu’s administration.

Bwala made this known in an interview on TVC News on Thursday, where he said that Tinubu is not bothered by the incessant criticism of his government by El-Rufai.

According to Bwala, the former Kaduna State governor does not have the capacity to win even a senate seat.

He also saidn that El-Rufai needs a solid revolutionary figure to thrive in the country’s political settings.

“Let me tell you something about my elder brother, el-Rufai, and whether we should be concerned.

“There’s a dynamic around him. El-Rufai needs a solid revolutionary figure to thrive. On his own, El-Rufa’i might not even secure a Senate seat.”

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