News
Oil Exploration: Daniel Congratulates Gov. Abiodun, Ogun people
The media office of His Excellency, The Senator, Otunba Engr. Gbenga Daniel, celebrates with His Excellency, Governor Dapo Abiodun, and indeed all Ogun State citizens over the declaration of the state as a frontier state for oil exploration by Nigerian National Petroleum Corporation Limited (NNPCL).
The recognition of Ogun State oil production status by NNPCL is especially heart-warming as it signposts the fulfilment of the vision kickstarted by the establishment of the Gateway Oil and Gas Development Limited in 2003 by the Daniel Administration, with immense support from former President Olusegun Obasanjo.
In pushing for the recognition of Ogun State as an oil producing state, the Daniel Administration undertook three-dimensional seismic study of oil and other minerals deposits in the state.
The seismic survey covered a vast stretch of the water body in Ode Omi in Ogun Waterside Local Government, all through the Laogo Island, Imobi, Itasin riverine areas in the Ijebu East Local Government and Tongeji Island in Ipokia Local Government Area.
The study then sparked a $50 million investment pledge by PGS Exploration Nigeria Limited in April, 2004. Also, a large deposit of Phosphate was also discovered around Olusosun in Ifo Local Government area which necessitated the siting of the Gateway Fertilizer Company at Olusosun. The Ogun State Agro-Cargo Airport in Iperu/Ilishan and the Kajola FTZ in Ifo were conceived to provide Transport logistics hubs to support all these initiatives.
The arguments of the Ogun State Government then was that it is the only littoral state on the Benin Trough (that is now referred to as Dahomey Basin) that was yet to be recognized as an Oil Producing State. Several strategies were deployed to drawing the attention of the Federal Government to Ogun State with a view to establishing it as an Oil Producing State. Part of the strategies included the hosting of then-NNPC Group Managing Director, Engr. Funsho Kupolokun and other top officials of the oil corporation at a colourful event held at the Valley View Auditorium of the Government House, Oke Igbein, Abeokuta, leveraging the event to get Ogun listed as an oil producing state.
In 2007, a formal Memorandum of Understanding (MoU) on a multibillion-dollar Olokola Liquefied Natural Gas (OK LNG) project between Ogun and Ondo State governments (joint owners of the Olokola Free Trade Zone) and the Nigerian National Petroleum Corporation, as it then was; Chevron, Shell and British Gas (who were the promoters of the project), was signed. The Olokola Free Trade Zone was also billed to host petro-allied establishments such as the Dangote Refinery (now relocated to Lagos). Those in attendance at the signing of the MoU include the Group Managing Director of NNPC, Engr. Funso Kupolokun who also served as the Chairman of the Project’s Steering Committee; the Managing Director of the Nigeria Export Processing Zone Authority (NEPZA), Mr. Shina Agboluaje and a host of others.
Otunba Gbenga Daniel, as the Governor of Ogun State then, at the event, described Ogun State as ” _a veritable factory of skilled manpower that would be readily available for the different players in the FTZ. With ten higher institutions, our state is regularly turning out a considerable number of available manpower that are waiting to be trained further and engaged for productive activities”_ . In order to leverage this skilled manpower base, the administration of Otunba Daniel established the Gateway Industrial & Petro-Gas Institute (GIPI) in 2006, to train technical and professional personnel to support the maintenance of the proposed refinery, petrochemical and allied industries with the aim of creating substantial employment opportunities for the youth and citizens of Ogun State. It is worthy to note that some students of the Gateway Industrial & Petro-Gas Institute then got sponsorship to study in Qatar for the needed skills on Underwater Welding in the oil & gas sector. Furthermore, four ICT Polytechnics (Ijebu Igbo, Igbesa, Saapade and Itori) were also established to create major technical and manpower feed for all three specialised Free Trade Zones (Ogun/Guangdong in Igbesa, Olokola and Kajola) for which Ogun State had obtained licenses to operate. As of 2011 over 60 Chinese companies had started operations at the Ogun/Guangdong Free Trade Zone and in fulfilment of the Agreement duly signed with the Ogun State government, sponsored no fewer than 10 citizens of the state on full scholarships to various technical universities and institutions in China.
We wish to thank Governor Abiodun for seeing through this great vision for which he was first appointed by Governor Daniel in 2009 to succeed Otunba Alex Onabanjo, as Chairman, Gateway Oil and Gas Committee alongside other eminent individuals such as Chief Bode Mustapha (Vice Chairman), Mr. Femi Babalola (Secretary), Mr Idowu Togun, Mr. Wemmy Osude, Mr. Femi Mafe, Late Chief Engr. Femi Tetede.
May we also seek this opportunity to appeal to Governor Abiodun to kindly revisit the situation of GIPI and support its revitalisation in order to take advantage of these underutilized developments.
We also wish to draw the attention of the governor to pending construction of the Makun Omi Bridge via Efire, which was planned by the OGD administration but could not be realised due to the turbulent politics of that time.
We are certain that with the right political will and sincerity of purpose, Ogun State is on its way to economic prosperity as contained in the 25-year development master plan emplaced by the Daniel administration.
News
16-Year-Old Osasere Okundaye Becomes Nigeria’s Youngest Chartered Accountant
In a remarkable feat that has captured national attention, 16-year-old student Osasere Okundaye has emerged as Nigeria’s youngest chartered accountant, shattering the previous record set in 2022.
Okundaye successfully completed the professional examinations of the Institute of Chartered Accountants of Nigeria (ICAN), earning widespread acclaim as a shining example of youthful excellence and determination. Her achievement comes at an age when many peers are still navigating secondary education or early university studies.
Minister of Youth Development Ayodele Olawande congratulated the young prodigy, describing her accomplishment as an inspiring milestone. “I heartily congratulate Miss Osasere Okundaye on her outstanding achievement of becoming Nigeria’s youngest Chartered Accountant at just 16 years of age,” the minister said, highlighting her hard work and resilience as a symbol of the potential within Nigerian youth.
Okundaye’s success surpasses the record previously held by Jonathan Adewale (also known as Ojo Jonathan Adewale), who qualified as a chartered accountant at age 17 in 2022. Her qualification has sparked pride across the country and renewed focus on empowering young Nigerians in professional fields.
While full ICAN membership typically requires additional practical experience (usually three years), Okundaye’s completion of the rigorous exams marks a historic breakthrough. Details about her educational background and the journey to this achievement are still emerging, but her story is already motivating aspiring accountants and students nationwide.
This milestone underscores the growing narrative of exceptional young talent driving Nigeria forward in various sectors. Congratulations poured in from across social media and media outlets, celebrating Okundaye as a beacon of hope for the nation’s future.
News
JUST IN: Vigilante Groups Rescue Kidnapped NECO Students in Borno State
Local vigilante groups have successfully rescued several students of the National Examinations Council (NECO) who were abducted in Borno State, security sources confirmed on Monday.
The students were reportedly kidnapped while traveling or residing in the area for examination purposes. Details of the exact number rescued and the circumstances of the abduction remain limited, but eyewitness accounts indicate that vigilante fighters acting on intelligence engaged the kidnappers, leading to the release of the captives without major casualties reported among the students.
A community leader in the affected area praised the swift response of the vigilantes, stating that their deep knowledge of the local terrain played a crucial role in tracking the abductors. “These boys and girls were on their way to pursue their education. We thank God and our local defenders for bringing them back safely,” he said.
Borno State has faced persistent security challenges, including banditry and insurgent activities that have occasionally targeted schools and students. The rescue operation highlights the growing reliance on community-based security networks in complementing efforts by the Nigerian military and police in the region.
Authorities are yet to issue an official statement on the incident, but sources say efforts are ongoing to reunite the rescued students with their families and provide necessary medical and psychological support. Investigations into the kidnapping are also underway to apprehend those responsible.
This latest incident comes amid broader concerns over the safety of students in northern Nigeria during examination periods.
News
EFCC Charges Former Port Harcourt, Warri Refinery MDs with Money Laundering
Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has filed separate money laundering charges against the immediate past Managing Directors of the Port Harcourt Refining Company (PHRC) and the Warri Refining and Petrochemical Company (WRPC).
The accused are Ahmed Adamu Dikko, former MD of the Port Harcourt Refinery, and Jimoh Olasunkanmi Yisawu, former MD of the Warri Refinery. The charges stem from the alleged diversion and laundering of funds earmarked for the rehabilitation of Nigeria’s state-owned refineries.
According to court documents and investigations by PREMIUM TIMES, the EFCC accused the former officials of abusing their positions by receiving and laundering large sums of money through third parties in connection with controversial turnaround maintenance contracts.
The probe forms part of a broader investigation into alleged fraud involving billions of dollars linked to the rehabilitation of the Port Harcourt, Warri, and Kaduna refineries. EFCC sources have indicated that the total amount under scrutiny runs into billions, with earlier recoveries reported at ₦38.66 billion alongside other properties.
The charges include multiple counts of money laundering, with Dikko and Yisawu allegedly involved in diverting public funds meant for critical refinery upgrades. This comes amid ongoing scrutiny of officials from the Nigerian National Petroleum Company Limited (NNPCL) and contractors involved in the projects.
The development is the latest in a series of actions by the EFCC targeting alleged corruption in Nigeria’s oil sector, where massive investments in refinery rehabilitation have yielded limited operational improvements despite significant expenditures.
As of the time of filing, court proceedings for the arraignment of the former MDs were underway. The EFCC has not yet issued an official statement on the matter.
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