Waltersmith Refinery, Partners to build Industrial Park in Imo

Waltersmith Petroleum and Refinery Company, a modular refinery in Ohaji/Egbema community in Imo State, has said it is working with partners to build an industrial park in the state.

This was stated by the Chief Executive Officer of the refinery, Mr Chikezie Nwosu, at the closing ceremony of a technical skills acquisition programme for some graduates. He said the project is being undertaken with support from the United Nations Industrial Development Organisation (UNIDO) and the United Nations Economic Commission for Africa (UNECA).

Nwosu said the Industrial Park will attract petrochemical, pharmaceutical, research and other light manufacturing companies that feed off the hydrocarbon value chain.

He said, “The industrial park is being developed with the support of the United Nation Industrial Development Organization and United Nations Economic Commission for Africa as part of Nigeria’s country program with the Ministry of Industry, Trade and Investment.”

Niger Delta: Why Amnesty Office redesigned scholarship scheme to focus on STEM

The Office of the Presidential Amnesty Programme (PAP) has redesigned its scholarship scheme to focus on Science, Technology, Engineering and Mathematics, not only to align the manpower needs of the Niger Delta to present realities,, but also because the region must field its best to compete with other ethnic nationalities in the country.

The Interim Administrator of the Presidential Amnesty Programme, Col. Milland Dikio (retd.), who stated this recently when he visited the Ijaw National Congress headquarters in Yenagoa, Bayelsa State, said  he was stunned by the discovery of huge misapplication of human and material resources upon his assumption office.

According to him, a quality education-driven survey he carried out on the types of schools that beneficiaries of the PAP’s scholarship scheme were sent to in the past led to the discovery of the anomaly.

The PAP boss, who noted that the humanities were also important, said, “When I came on board, I saw quite a lot of misapplication of human and material resources and so, we started asking the question: Are we getting the best for our people?

“For example, when we carried out a survey of the universities we sent our beneficiaries to, only two came within the first 100. So, if the likes of our heroes like Isaac Boro went to the best schools in Nigeria, how come we are paying good money to send our children to poor schools?”

Dikio further said the PAP master’s degree scholarship scheme would be focused on raising people, who possessed the skills to belong to “the boardroom” and participate effectively in decision-making.

The PAP Boss and his team was welcomed by the INC President, Prof Benjamin Okaba, who said Dikio had provided a paradigm shift through his style and disposition.

House of Reps pass Petroleum Industry Bill

The House of Representatives has just passed the Petroleum Industry Bill (PIB).

This comes after the House Committee of the Whole, on Thursday, considered the report of the Ad hoc Committee on PIB and passed the bill. The report was laid on Wednesday by the Chairman of the Ad hoc Committee, Mohammed Monguno (APC, Borno).

The current version of the PIB is titled, “A Bill for an Act to Provide Legal, Governance, Regulatory and Fiscal Framework for the Nigerian Petroleum Industry, the Development of Host Community and for Related Matters.”

Among others, the various provisions in the bill seek to scrap the Petroleum Equalisation Fund and the Petroleum Products Pricing Regulatory Agency with a view to replacing them with a new agency to be known as the Nigerian Midstream and Downstream Regulatory Authority, which would be saddled with the responsibility of carrying out technical and commercial regulation of the midstream and upstream petroleum operations in the industry.