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President Tinubu Says He Signed Executive Order To Unlock $10bn Fresh Investment In Oil And Gas
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By Gloria Ikibah
President Bola Tinubu has said that he recently signed an Executive Order to unlock about $10 billion in fresh investments in the oil and gas sector.
President Tinubu stated this at a two-day retreat on Economic Transformation And Development organised by the House of Representatives on Tuesday in Abuja.
According to him, the development is expected to happen through Fiscal Incentives for Non-Associated Gas (NAG), Midstream and Deepwater Oil & Gas Developments.
The President who was represented by his Chief of Staff, Femi Gbajabiamila, also disclosed that last week, the Nigerian government signed the consolidated guidelines for implementing Fiscal Incentives for the Oil & Gas Sector.
He explained that the guidelines, which represent a cornerstone of the Presidential Directive, aim to enhance the Nigerian oil and gas sector’s global competitiveness while stimulating economic growth.
He said: “The Executive Order also streamlines contracting processes, procedures, and timelines from 36 months to 6 months. The order also seeks to ensure that local content requirements are implemented without impeding investments or the cost competitiveness of oil and gas projects”.
Related to this, the President said are the reforms being implemented to the nation’s tax regimes that would limit taxes collected without negatively affecting government revenues.
He said: “All of these have the same objective – to reduce government interference with the commercial imperatives of businesses in the country so that businesses based here can be competitive and focus on their core objectives of economic growth through innovation and trade.
“We will need the support of the National Assembly to fully implement some of these reforms, as statutory changes will be required in some areas.
“I am confident that when the time comes, the governing partnership we have established between the Executive and the Legislature will ensure that these changes are effected swiftly to benefit our nation.”
The president further stated that despite the sceptics, the productive collaboration between the executive, the House, and the Senate has yielded significant results with the successfully passage of numerous bills aimed at enhancing the welfare of Nigerians.
He therefore expressed appreciation to the leadership of the National Assembly for their swift action in considering and passing the Student Loans (Access to Higher Education) (Repeal and Reenactment) Act 2024.
“Your actions have substantially fortified the legal framework of the Students Tertiary Education Loan Program, ensuring its efficient implementation. These achievements are a testament to the power of our partnership and the positive impact it can have on our nation.
“In a World Bank document titled “Legislative Oversight and Budgeting: A World Perspective,” Thomas Frederick Remington wrote “for legislators to effectively fulfil their roles of representation, oversight, and law-making, a certain level of cooperation between the Legislature and the Executive in policymaking is essential.
“The legislature must have the capacity to monitor the executive, and the executive, in turn, should be willing to comply with the legislative enactments.
“It is not just a coincidence but a strategic advantage for our country that the governing relationship between the Executive and the Legislature perfectly reflects this ideal.
“As you know, my administration is implementing significant policy changes to reform how we govern and position our country for progress and shared prosperity for all citizens.
“These reforms, while necessary and, in some cases, long overdue, are not without their challenges. I am deeply grateful for your unwavering support and understanding during these times. Your understanding and support have been invaluable, and I am confident that with our continued collaboration, we can overcome any challenges that lie ahead.
“The oil and gas industry has long been the lifeblood of our national economy. My administration is working tirelessly to change this and diversify our economy from overreliance on the production of fossil fuels. However, we are also determined to maximise revenue potential from this critical industry.
“For this reason, we are pushing policies to attract investment in the oil and gas sector”.
The President also added: “We can only justify our collective mandate and the trust our people repose in us through constructive collaboration between the National Assembly and the Executive. This joint effort is the minimum the people who voted for us expect from us.
“However, the very essence of checks and balances means there will be times when the executive and legislative prerogatives inevitably collide. Above all else, the national interest must guide our decisions in those moments. We share a common responsibility in shaping the future of our nation, and it is through our collaboration that we can effectively fulfil this duty”.
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WATCH: Rep OK Chinda displaying what’s he’s best known for, humility
Rep OK Chinda the gubernatorial flag bearer of APC in Rivers State is best known for his humility both at home and in the diaspora.
In this short video clip, he still displays that embodiment of humility.
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Reps Demand Urgent Action Over Bille Gas Seepage, Odidi Oil Spill
By Gloria Ikibah
The House of Representatives Committee on South-South Development Commission has demanded urgent and concrete measures to end the prolonged gas seepage in Bille Community, Rivers State, and the oil spill affecting Odidi Federated Community in Delta State.
Chairman of the committee, Rep. Julius Gbabojor Pondi, gave the directive on Thursday during a stakeholders’ engagement on the Bille gas seepage and a legislative hearing on the Odidi oil spill in Abuja.
Pondi said the two incidents had exposed residents of the oil-producing region to serious environmental and economic challenges, while responses from relevant authorities had failed to provide satisfactory and lasting solutions.
He said the committee became particularly concerned about the Bille incident following its engagement with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the National Oil Spill Detection and Response Agency (NOSDRA) on July 30, 2026.
According to him, the gas seepage had persisted for about nine months, with no clear end in sight.
He noted that Bille, a predominantly fishing community, had suffered losses to livelihoods, food security, household incomes, education and the general wellbeing of residents.
Pondi said: “The implications are serious. Beyond the potential risks to health, safety and the environment, the incident has imposed severe economic hardship on the people of Bille.
“It is unacceptable for an incident of this magnitude to persist for so long without a clear, time-bound and effective resolution strategy”.
The lawmaker said the stakeholders’ meeting was convened to establish the facts surrounding the incident, assess the response so far, identify obstacles and agree on practical and measurable steps towards resolving the crisis.
He said the committee expect detailed briefings from the operating companies, NUPRC, NOSDRA and other relevant agencies on the cause, extent and present status of the seepage.
Pondi also said representatives of Bille will be allowed to present their concerns and explain the relief and interventions required by the community.
“Most importantly, we want to move from prolonged discussion to concrete action and lasting resolution,” he said.
Presenting the agency’s technical findings, a Director of NOSDRA, Dr Yusuf Rigasa, confirmed the presence of several gases, including hydrogen sulphide, methane, volatile organic compounds and carbon dioxide, in parts of Bille, Degema Local Government Area of Rivers State.
Rigasa said investigations had established what he described as “multi-point subsurface gas bubbling” at several locations, including the premises of the Government Primary and Secondary School.
He said the school had subsequently been abandoned, while gas bubbling was also detected around waterways and mangrove areas.
According to him, NOSDRA conducted an air-quality assessment on December 6, 2025, at 19 locations and recorded elevated levels of hydrogen sulphide, methane, volatile organic compounds and carbon dioxide.
He explained that hydrogen sulphide has a characteristic rotten-egg odour, while methane is highly flammable and potentially explosive.
Rigasa said the levels recorded during the assessment exceeded applicable regulatory thresholds.
He added that laboratory analysis of samples collected on December 16, 2025, also revealed elevated levels of total petroleum hydrocarbons in groundwater, surface water and sediment.
The findings, he said, showed that soil, surface water and groundwater in parts of Bille had been affected by pollution.
The NOSDRA official said the agency’s technical presentation to the Minister of Petroleum Resources indicated that the gas seepage was probably biogenic, resulting from the degradation of organic matter.
He stressed, however, that the agency had not established that the gas originated from a hydrocarbon source.
Rigasa said the technical team had compared the situation with the 1986 Lake Nyos gas disaster in Cameroon, where a sudden release of carbon dioxide killed about 1,700 people and large numbers of animals.
He, however, stressed that NOSDRA had not identified any oil and gas operator as the source of the seepage.
According to him, the agency worked with operators including Renaissance, Eroton and New Cross, as well as the Nigerian National Petroleum Company, during the preliminary investigation.
He said NUPRC had also indicated that it had no record of pipelines in the immediate area where the seepage was occurring.
“That also tells us our findings, because we searched for oil and gas assets at the locations. There were none. That is why we are not able to actually pin a certain operator to what is actually happening,” he said.
Rigasa said NOSDRA’s findings had been corroborated by NUPRC, while a reservoir survey was ongoing to determine whether there was any connection to an underground hydrocarbon reservoir.
He explained that NUPRC was responsible for the reservoir investigation, while NOSDRA’s mandate was primarily environmental.
“What we can confirm for the House is that the air, the groundwater, the surface water and the sediment in the swampy areas in that village, they are all polluted,” Rigasa added.
The Bille Kingdom Chiefs Council also used the hearing to raise fresh concerns about the impact of the gas seepage on the community.
Secretary-General of the council, Chief Luckyman Egbila, Opu Gbolo III of Ancient Bille Kingdom, said the incident began on November 6, 2025, in the mangrove area where women had gone to harvest periwinkles.
He explained that Bille was predominantly a fishing community situated on a riverine island and accessible only by water.
Egbila said the community immediately alerted the relevant authorities, leading to an initial visit by NOSDRA and subsequent assessments.
He said although NOSDRA made recommendations, including the excavation of some areas, the community was not given the full reports of the investigations.
According to him, residents were eventually forced to travel to Abuja and write to relevant agencies after failing to receive satisfactory responses from regulators.
Egbila explained that further engagements were later held with operators, during which air quality, soil and water tests were conducted.
However, he said the community again did not receive the results of the tests.
Egbila said the situation had continued to deteriorate, with gas bubbling reported in several mangrove areas.
“Up till now, we are yet to see anything. Just as it happened the first time, they have gone back to sleep.
“Our people cannot go to fishing. Most of the mangroves are bubbling. Particularly, we don’t have water to drink. We don’t have water to eat with,” he said.
The community leader also alleged that dugout wells had become contaminated, while some residents, including children, had developed health problems.
He said the Rivers State Government had provided N100 million in palliative support, part of which was used to provide food and conduct a medical outreach.
However, he maintained that the intervention was inadequate given the length and severity of the crisis.
Egbila said NUPRC had also provided food items to the community, with contributions from operators and other oil and gas companies, but the supplies lasted only a few days.
He called for the immediate provision of potable water.
“Water is life. We can’t exist without potable drinking water,” he said.
The Bille representative also appealed for the permanent resolution of the gas seepage, saying residents needed to return to fishing and other economic activities.
He said the community hosts two major oil mining leases, OML 18 and OML 24, as well as gas infrastructure, and contributes significantly to the national economy.
Egbila said the crisis had also affected education in the community, forcing pupils to leave the primary school because of concerns over exposure to the emissions.
He added that the secondary school was considering reducing teaching hours to limit students’ exposure to the affected air.
He appealed for the upgrading of the community’s primary health centre and the deployment of resident doctors.
According to him, residents face serious difficulties accessing medical care in Port Harcourt because Bille can only be reached by water.
“Most times when people fall sick, by the time you rush them, get the boats and get to Port Harcourt, we keep losing these souls and lives,” he said.
Egbila further raised concerns about the condition of water from boreholes, alleging that some water that initially appeared clear turned black shortly after being pumped.
He urged the Federal Government, regulatory agencies and oil and gas companies to provide safe drinking water, address the health and livelihood consequences and find a lasting solution to the seepage.
Meanwhile, the chairman said the committee will proceed with a legislative hearing into the oil spill affecting Odidi Federated Community in Delta State.
He said the incident had reportedly persisted for more than five months.
According to him, the hearing will establish when the spill occurred and was reported, its cause, the containment measures taken, the extent of the affected environment, the state of remediation and why the spill had continued for so long.
“Our approach will be fair, objective and evidence-based. We are not here to prejudge any party, but to establish the facts, promote accountability and facilitate solutions,” he said.
Pondi described the Bille and Odidi cases as examples of the wider environmental and developmental problems confronting the South-South region.
He said communities in the region continued to bear a heavy environmental burden despite their significant contribution to Nigeria’s oil and gas economy.
“This contradiction must be addressed. The wealth derived from the natural resources of the Niger Delta must not come at the unacceptable cost of the health, livelihoods and future of its people,” he said.
The committee chairman said the House had a constitutional responsibility to ensure effective oversight and accountability, particularly among institutions responsible for environmental protection and resource management.
He warned that the proceedings must not end with expressions of concern without concrete implementation.
“We expect clear resolutions, firm commitments, defined responsibilities and measurable timelines,” he said.
Pondi added that immediate interventions should begin without delay, while technical assessments and remediation should be properly planned, funded and monitored.
He assured residents of Bille and Odidi that the House had heard their concerns and would continue to press for appropriate action.
“You deserve prompt intervention, effective remediation, meaningful relief and a clear pathway towards restoring your environment and livelihoods,” Pondi said.
He said the ultimate objective was to build a South-South region where natural resources could be developed responsibly, host communities protected, environmental incidents addressed promptly and economic development pursued alongside environmental sustainability, social justice and human dignity.
News
We must be resilient, combating drug war is a generational task, Marwa charges NDLEA officers (Photos)
. Honours 274 personnel, 18 Commands, 19 NGOs, media platforms at 12th awards ceremony in Abuja
The Chairman/Chief Executive Officer of the National Drug Law Enforcement Agency (NDLEA), Brig. Gen. Mohamed Buba Marwa (Rtd.) has charged officers, men and women of the anti-narcotics institution to remain resilient in view of the persistent nature of the drug challenge, which he described as a generational responsibility.
He gave the charge on Thursday 13th August 2026 during the 12th Chairman/Chief Executive Officer’s Commendations and Awards ceremony at the Agency’s national headquarters in Abuja where he honoured 274 personnel for outstanding performance in the discharge of their duties, and 18 best-performing commands as well as 19 NGOs and media organisations for their commitment to the war against drug abuse (WADA) advocacy in Nigeria.
According to him, “the war against illicit drugs is not a campaign with an end date. It is a generational responsibility. For every cartel we dismantle, intelligence tells us another will attempt to rise. For every corridor we shut down, traffickers will search for another route.”
He explained that the fight against drug trafficking could never be won by enforcement alone, noting that NGOs work quietly within communities to walk young people back from the edge of addiction, while journalists have told difficult stories on trafficking routes, rehabilitation, and family recovery that are not always easy to tell.
He acknowledged that many more deserving organisations and media platforms across the country exist beyond the honourees, describing the gesture as “the beginning of a tradition, not a closed chapter,” and assuring that subsequent editions of the ceremony will continue to identify and honour more individuals and organisations doing similar work.
“The fight against drug trafficking and substance abuse was never going to be won by enforcement alone. It is won in the communities where NGOs quietly walk young people back from the edge of addiction. It is won in the newsrooms where journalists chose to tell the difficult stories, the stories of trafficking routes, of rehabilitation, of families rebuilding, even when those stories were not the easiest to tell. Our partners in civil society and the media have been the multiplier effect on everything this Agency does. You have taken our message into homes, schools, and communities that our uniforms alone could never reach.”
Marwa highlighted some recent major operations that he said captured the character of the Agency: the dismantling of the Amadi Simon drug cartel; the takedown of two Nigerian-Mexican methamphetamine cartels operating within forests in Ogun and Oyo States; and the disruption of a tramadol cartel exploiting the Togo–Benin Republic–Nigeria corridor, which he described as a route that had for years fed a crisis of opioid abuse among Nigerian youth.
“These were not simple raids. They were the product of patient intelligence-gathering, cross-border cooperation, and officers willing to go where the criminals believed no one would follow”, he noted.
The NDLEA boss charged officers of the Agency to see the honourees as a standard to reach for rather than a ceiling to stop at, and urged partners in civil society and the media to view the recognition as an invitation to do more, not a reward to rest on.
He congratulated all recipients of awards and commendations, and thanked their families as well as Nigerians who continue to place their trust in the Agency.
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