logo
Nigeria: Energy firm affirms commitment to inclusive growth, local capacity devt

Nigeria: Energy firm affirms commitment to inclusive growth, local capacity devt

Zawya6 days ago

Asharami Energy, a Sahara Group upstream company, has said it will continue to spearhead the quest for driving inclusive growth and local content development across Nigeria's energy landscape through investments, responsible operations, and collaboration with stakeholders in the upstream value chain.
Speaking at the 5th edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF), Leste Aihevba, Chief Technical Officer, Asharami Energy, said the sector would need to shore up local capacity development and participation to effectively contribute to Nigeria's energy security.
Aihevba said that while current trends in the industry show increasing involvement of local expertise, a development he described as 'imperative for stability, innovation, seamless operations, and sustainable production to foster economic development in Nigeria. It is worthy to highlight that Asharami Energy already has close to 100% local content participation, with all but a few of the most complex technologies delivered by local service providers.
'Services covering subsurface reviews and studies, field development plans, well interventions, drilling, civil as well as oil and gas infrastructure projects, like flowlines, pipelines, flowstations, roads and location constructions are all provided by local companies.'
He noted that Asharami Energy's collaboration model and capacity-building interventions drive the company's commitment to making a difference responsibly in the sector. 'Our message at NOGOF 2025 is simple. Asharami Energy is not just developing assets; we're developing people, communities, and promoting shared prosperity. We believe that the true measure of our success is not just in the number of barrels we produce, but in the impact and the value we create. Asharami Energy has a track record of both building local content capacity with Nigerian Service Providers and working harmoniously with all stakeholders in the local communities in which we operate', he said.
Differentiating between local content at the national scale and local community participation in shared prosperity, Aihevba highlighted the company's gas-to-power intervention in the Ajoki community in Edo State, which has been enjoying uninterrupted power supply, promoting clean energy and environmental sustainability for the community, and the vocational training programmes it runs in partnership with the University of Benin Consultancy Services, which delivers skills training in various areas to up to 20 community youths annually.
Asharami Energy is also providing roads in host communities to promote access to markets and opportunities and organises health and educational interventions to boost quality of life.
Themed 'Driving Investment and Production Growth: Shaping a Sustainable Future for Nigeria's Oil and Gas Industry Through Indigenous Capacity Development,' NOGOF 2025 was held in Yenagoa, Bayelsa State, featuring high-level conversations and exhibitions geared towards putting the spotlight on growing local capacity in alignment with Nigeria's energy transition goals.
Held biennially, NOGOF is a premier industry platform organised by the Nigerian Content Development and Monitoring Board (NCDMB) to showcase investment opportunities across Nigeria's oil and gas sector, with participation from key players across the upstream, midstream, and downstream sectors.
Copyright © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (Syndigate.info).

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

From Nigeria to Pakistan, TB testing 'in a coma' after US aid cuts
From Nigeria to Pakistan, TB testing 'in a coma' after US aid cuts

Khaleej Times

time8 hours ago

  • Khaleej Times

From Nigeria to Pakistan, TB testing 'in a coma' after US aid cuts

A t a tense meeting in Nigeria's capital Abuja, health workers poured over drug registers and testing records to gauge whether US aid cuts would unravel years of painstaking work against tuberculosis in one of Africa's hardest hit countries. For several days in May, they brainstormed ways to limit the fallout from a halt to US funding for the TB Local Network (TB LON), which delivers screening, diagnosis and treatment. "To tackle the spread of TB, you must identify cases and that is in a coma because of the aid cuts," said Ibrahim Umoru, coordinator of the African TB Coalition civil society network, who was at the Abuja meeting. "This means more cases will be missed and disaster is looming." This desperate struggle to save endangered programmes is being replicated from the Philippines to South Africa as experts warn that U.S. aid cuts risk reviving a deadly infectious disease that kills around one million people every year. President Donald Trump's gutting of the U.S. Agency for International Development has put TB testing and tracing on hold in Pakistan and Nigeria, stalled vital research in South Africa and left TB survivors lacking support in India. The World Health Organisation says "the drastic and abrupt cuts in global health funding" threaten to reverse the gains made by global efforts to fight the disease - namely 79 million lives saved since 2000 - with rising drug resistance and conflicts exacerbating the risks. In Nigeria, TB LON is in the firing line. The project was set up in 2020, during Trump's first term, and received $45 million worth of funding from USAID. The U.S. development agency said at the time it was committed to a "TB free Nigeria". Five years later and with the same president back in charge but now with a more radical "America first" agenda, USAID support for TB LON's community testing work was terminated in February, according to a TB LON official. The official did not want to be named because he was not authorised to speak on behalf of the project. 'HARD WORK IN JEOPARDY' TB kills 268 Nigerians every day and cases have historically been under-reported increasing the risk of transmission. If one case is missed, that person can transmit TB to 15 people over a year, according to the World Health Organization. The Thomson Reuters Foundation spoke to half a dozen health workers who collect TB test samples for TB LON but had stopped doing so in January due to the U.S. aid freeze. Between 2020-2024, TB LON screened around 20 million people in southwestern states in Nigeria, and more than 100,000 patients were treated as a result. "All that hard work is in jeopardy if we don't act quickly," Umoru said, adding that non-profits working with TB LON had laid off more than 1,000 contract workers who used to do TB screening. Nigeria's health ministry did not respond to request for comment on the effect of the USAID cuts on TB programmes. In March, First Lady Oluremi Tinubu declared TB a national emergency and donated 1 billion naira ($630,680) to efforts to eradicate the disease by 2030. In South Africa, medical charity Médecins Sans Frontières (MSF) said TB and HIV programmes had been disrupted across the country, making patient tracking and testing more difficult, according to a statement sent to the Thomson Reuters Foundation. South Africa had a TB incidence rate of 427 per 100,000 people in 2023, government data showed, down 57% from 2015. TB-related deaths in South Africa dropped 16% over that period, the data showed. Minister of Health Aaron Motsoaledi said in May that the government would launch an End TB campaign to screen and test 5 million people, and was also seeking new donor funding. "Under no circumstances will we allow this massive work performed over a period of more than a decade and half to collapse and go up in smoke," he said at the time, referring to efforts to tackle TB and HIV. BLOW TO CRITICAL RESEARCH South Africa is also a hub for research into both TB and HIV and the health experts say funding cuts risk derailing this vital work. The Treatment Action Group (TAG), a community-based research and policy think tank, says around 39 clinical research sites and at least 20 TB trials and 24 HIV trials are at risk. "Every major TB treatment and vaccine advance in the past two decades has relied on research carried out in South Africa," said TAG TB project co-director Lindsay McKenna in a March statement. People struggling with poor nutrition and those living with HIV -- the latter affects 8 million people in South Africa -- were also more at risk of contracting TB as aid cuts made them more vulnerable by derailing nutrition programmes, community outreach and testing, said Cathy Hewison, head of MSF's TB working group. "It's the number one killer of people with HIV," she said. In the Philippines, U.S. cuts have disrupted TB testing in four USAID-funded projects, and affected the supply of drugs, Stop TB Partnership, a U.N.-funded agency said. "The country has a nationwide problem with recurrent drug shortages, which is leading to a direct impact on efforts to eliminate TB," said Ghazali Babiker, head of mission for MSF Philippines. In Pakistan, which sees 510,000 TB infections each year, MSF said US cuts had disrupted TB screening in communities and other services in the hard-hit southeastern province of Sindh. "We are worried that the U.S. funding cuts that have impacted the community-based services will have a disproportionate effect on children, leading to more children with TB and more avoidable deaths," said Ei Hnin Hnin Phyu, medical coordinator with MSF in Pakistan.

Renaissance Africa Energy Chief Executive Officer (CEO) to Speak at African Energy Week (AEW) 2025 Amid $15B Investment Drive in Nigeria
Renaissance Africa Energy Chief Executive Officer (CEO) to Speak at African Energy Week (AEW) 2025 Amid $15B Investment Drive in Nigeria

Zawya

time9 hours ago

  • Zawya

Renaissance Africa Energy Chief Executive Officer (CEO) to Speak at African Energy Week (AEW) 2025 Amid $15B Investment Drive in Nigeria

Tony Attah, CEO of Renaissance Africa Energy – a consortium of independent oil and gas companies -, has been confirmed to speak at this year's African Energy Week (AEW): Invest in African Energies 2025 conference, taking place from September 29 to October 3 in Cape Town. His participation comes at a pivotal moment as Renaissance Africa Energy spearheads one of Nigeria's most ambitious upstream investment campaigns following the company's landmark acquisition of energy major Shell's Nigerian subsidiary Shell Petroleum Development Company of Nigeria's (SPDC). Attah's participation at AEW: Invest in African Energies 2025 is set to highlight Renaissance Africa Energy's transformative role in reshaping Nigeria's upstream sector. With a $15 billion investment plan targeting 32 oil and gas projects over the next five years, Renaissance Africa Energy is rapidly positioning itself as a key driver of indigenous oil and gas development in the Niger Delta region. The company's immediate operational success – exceeding its oil production target by 40% in its first month – underscores its commitment to growth, efficiency and stakeholder collaboration. At AEW: Invest in African Energies 2025, Attah is expected to share insight into this investment strategy. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event. Renaissance Africa Energy, a consortium comprising ND Western Ltd. Aradel Holdings Plc, FIRST E&P, Waltersmith Group and Petrolin, completed the $1.3 billion acquisition of SPDC's assets in December 2024. The move marked a turning point for local participation in Nigeria's oil industry and reflected the Nigerian government's commitment to empowering indigenous operators through the implementation of the country's Petroleum Industry Act, which improves the sector's fiscal framework, governance and regulatory procedures. The state-owned Nigerian National Petroleum Company Ltd. – which retains a 55% stake in the SPDC joint venture with Renaissance Africa Energy – has publicly acknowledged the company's swift progress. The joint venture is expected to play a pivotal role in helping Nigeria meet its national production goals – targeting over two million barrels per day (bpd) by 2025 and three million bpd by 2030. With deep expertise across upstream, midstream and downstream operations, these partners bring a proven track record of performance, community engagement and innovation. Meanwhile, a combined asset base of $3 billion and production rate of 100,000 bpd positions Renaissance Africa Energy to deliver high-impact energy solutions across Nigeria and the continent. Under Attah's leadership, Renaissance Africa Energy operates under four strategic areas of focus: boosting oil production through drilling and rig operations; expanding pipeline and fabrication capacity; growing domestic gas supply; and enhancing gas exports through 22 dedicated projects. Under these pillars, one of the company's core objectives is to double gas output from 150 million to 300 million standard cubic feet per day, which will see support from critical infrastructure such as the Ajaokuta-Kaduna-Kano gas pipeline. 'Tony Attah's leadership at Renaissance Africa Energy is emblematic of the next phase of African energy: bold, locally-led and investment driven. Within weeks of assuming operations, the company exceeded production targets by 40%. This is the kind of leadership and execution Africa's energy future needs,' stated Tomás Gerbasio, VP Commercial and Strategic Engagement, African Energy Chamber. Distributed by APO Group on behalf of African Energy Chamber.

Africa-Paris Declaration: Financing Africa's Energy Future
Africa-Paris Declaration: Financing Africa's Energy Future

Zawya

time12 hours ago

  • Zawya

Africa-Paris Declaration: Financing Africa's Energy Future

Following the Invest in African Energy Forum in Paris this month, the African Energy Chamber (AEC) ( reaffirms its position that Africa's energy future must be defined by pragmatism, partnership and progress. With 600 million Africans lacking access to electricity and 900 million without clean cooking fuel, the development imperative is clear: without investment there can be no progress. The Forum highlighted bold investments underway across the continent — from ExxonMobil's $10 billion plans in Nigeria, to TotalEnergies' multibillion-dollar ventures in Mozambique and Namibia, and Eni's gas monetization projects in Libya and the Republic of Congo. These initiatives reflect growing confidence in Africa's energy potential. But to replicate and scale these endeavors, barriers to investment must be addressed head-on. Many energy projects remain stranded due to delayed approvals, opaque regulatory processes and high above-ground risk. Yet several countries are making strides: Nigeria's Petroleum Industry Act has improved clarity for investors; Angola's new local content regulations strike a better balance between incentives and domestic value creation; and Ghana's tax amendments are making upstream projects more attractive. Still, finance remains the sector's greatest bottleneck. Rising global interest rates, tightening lending conditions and restrictive green finance taxonomies are making it harder for African governments and companies to access affordable capital. The Declaration calls for a rethinking of what qualifies as sustainable investment — one that includes natural gas as a viable transition fuel and recognizes the social dividends of energy access. Mobilizing finance will require a coordinated effort. African governments must lead by improving credit profiles, ensuring policy consistency and creating bankable project environments. Private-sector-led energy systems — driven by independent producers and not solely dependent on sovereign guarantees — offer a more resilient path to investment. Innovative financial instruments and local capital markets must also play a greater role. Ultimately, energy is not a privilege. It is a foundation for health, education, economic participation and human dignity. As the global energy conversation continues, Africa's development cannot be dictated by external climate agendas. The AEC's Declaration makes clear: Africa must lead its own energy transition, and that transition must be financed on its own terms. Distributed by APO Group on behalf of African Energy Chamber.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store