News
President Tinubu Smiles As Shell and Partners Invest $5bn in Nigeria’s DeepWater
The Bonga North FID dispels the misconceptions about International Oil Companies leaving Nigeria
President Bola Ahmed Tinubu welcomes Shell and its partners’ announcement today of the Final Investment Decision (FID) on the Bonga North Deep Offshore Field.
Also, barring any last-minute changes, President Bola Tinubu will today preside over what is expected to be the final Federal Executive Council meeting for 2024, ahead of his budget presentation at the National Assembly on Tuesday. Bayo Onanuga, the Special Adviser to the President, (Information & Strategy), said this morning in a State House press release.
It reads: ” This landmark development, Nigeria’s first deepwater oil project in over a decade, underscores the transformative impact of the President’s policies and reforms in attracting investments in the oil and gas sector.
The Bonga North oilfield, located 130 kilometres offshore in Oil Mining Lease (OML) 118, represents an impressive estimated $5 billion investment and is expected to yield approximately 350 million barrels of crude oil.
Shell holds the largest operational interest, with 55%. Its other partners are the Nigerian National Petroleum Corporation (NNPC), ExxonMobil, TotalEnergies, and Eni.
The FID signals renewed confidence in Nigeria’s energy sector and demonstrates the effectiveness of the Tinubu administration’s strategic focus on engendering a robust and competitive investment climate.
President Tinubu remarked: “The Renewed Hope Agenda fundamentally focuses on attracting investments to transform the Nigerian economy and deliver prosperity to our people.
We designed our policies and reforms from the start of my administration to achieve this goal. Shell and its partners’ decision to invest in Bonga North affirms the success of our efforts. We will continue to offer the necessary support to ensure their success and the realisation of Nigeria’s energy potential.
“President Tinubu’s strategic engagement with global energy stakeholders has been instrumental in this renewed wave of investments.
In July 2023, at the first of several high-level meetings with Shell’s global leadership, President Tinubu declared, “We are open for business and serious about creating a stable, predictable, and investor-friendly environment.
” Presidential Directives issued in early 2024 reinforced this commitment by fast-tracking regulatory approvals, reducing operational costs, and introducing competitive fiscal incentives.
The Bonga North project is the second of the blueprint projects President Bola Ahmed Tinubu selected to drive the implementation of the transformative Presidential Directives 40, 41, and 42 issued in the first quarter of 2024.
These directives, aimed at enhancing regulatory clarity, accelerating project timelines, and incentivising investment in Nigeria’s energy sector, have yielded remarkable results.
Earlier this year, the Ubeta oilfield (OML 58), the first blueprint project under this initiative, achieved a Final Investment Decision (FID) through a partnership between TotalEnergies and NNPC Limited.
Dormant since its discovery in 1965, the Ubeta project will produce 350 million standard cubic feet of gas per day, bolstering domestic supply and expanding Nigeria’s presence in the global energy market.
With both blueprint projects now achieving FID, the success of these initiatives underscores the effectiveness of the President’s strategic vision for Nigeria’s energy future.
Ms Olu Arowolo Verheijen, Special Adviser to the President on Energy, commented on the Bonga North milestone:
“The Bonga North FID dispels the misconceptions about International Oil Companies leaving Nigeria.
Instead, we are witnessing a strategic pivot of IOCs-powered capital and technical capacity to deepwater and integrated gas projects, which align with President Tinubu’s vision of transforming Nigeria into a global energy hub.
The divestments from onshore operations create opportunities for local oil and gas companies to expand and thrive, building a strong foundation for Nigeria’s energy future.
” Ms Verheijen further noted: “The success of Bonga North and Ubeta demonstrates the efficacy of the reforms and directives championed by the President.
These projects will trigger broader investments to revolutionise Nigeria’s power generation, transportation, and manufacturing sectors.
As we look ahead to 2025, we anticipate further FIDs from international and domestic players, marking a new era of growth and opportunity for Nigeria.
” The Tinubu administration remains steadfast in positioning Nigeria as a global leader in energy innovation and investment, ensuring that these efforts translate into tangible benefits for all Nigerians.
News
Umahi: We’re not tolling Third Mainland Bridge
Umahi affirmed this during inauguration of the N40 billion Closed Circuit Television Camera Centre on the Third Mainland Bridge, the previous day.
• Third Mainland Bridge
The Minister of Works Senator Dave Umahi has confirmed that the Federal Government has no plan to toll the rehabilitated Third Mainland Bridge in Lagos.
Umahi affirmed this during inauguration of the N40 billion Closed Circuit Television Camera Centre on the Third Mainland Bridge, the previous day.
He said : “We will not engage construction on this bridge because it will entail static load on the bridge.
“It is also within the town, so it will introduce many bottlenecks; that is why we are not tolling this bridge,” he said.
Umahi said that security would be handled by the police, noting that the 11-kilometre bridge would have a five-minute response time.
News
Dr. Esege Nwandu Challenges Euracare Hospital’s Statement over Nephew’s Death
The controversy surrounding the tragic death of 21-month-old Nkanu Nnamdi Esege, son of acclaimed Nigerian author Chimamanda Ngozi Adichie and her husband Dr. Ivara Esege, has intensified with a pointed rebuttal from the child’s aunt, Dr. Anthea Esege Nwandu.
Dr. Nwandu, a dual board-certified Internal Medicine physician with over 30 years of clinical experience in Nigeria and the United States—including board certifications from the American Board of Internal Medicine and the American Board of Lifestyle Medicine, fellowship in the American College of Physicians, and a Master of Public Health from Johns Hopkins Bloomberg School of Public Health—has publicly challenged the January 10, 2026, statement issued by Euracare Multispecialist Hospital in Lagos, where the toddler died on January 7 following a brief illness.
The child had been receiving treatment at Atlantis Hospital for what began as a suspected cold but developed into a serious infection. He was described as medically stable and scheduled for evacuation to Johns Hopkins Hospital in Baltimore for further care when referred to Euracare for an MRI scan and central line insertion on January 6.
In her detailed rebuttal, Dr. Nwandu directly addressed what she described as significant falsehoods in Euracare’s statement, which expressed condolences while asserting that circulated reports contained inaccuracies, that the child arrived critically ill after treatment at two pediatric centers, and that care adhered to international standards.
Dr. Nwandu countered key claims as follows:
- Euracare’s assertion that the child had received care at two pediatric centers was false; he had been at only one hospital (Atlantis) prior to Euracare.
- On adherence to international standards: She alleged multiple breaches, including failure to provide continuous oxygen therapy during sedation (a requirement for children on oxygen), lack of continuous monitoring of blood oxygen levels, pulse, and respiration, and no resuscitative equipment (such as an Ambu bag) during transfers within the hospital.
- She questioned the accuracy of any documentation regarding the timing or duration of respiratory or cardiac arrest due to absent monitoring.
- Specific practices were criticized as non-standard, including an anesthesiologist carrying the post-sedation child on his shoulder without visual oversight or monitoring, insisting on being alone in the elevator with the child, and disconnecting oxygen during transfer to the ICU.
Dr. Nwandu emphasized that these alleged lapses occurred despite the child’s stability and planned international transfer, describing them as deviations from protocols that could have contributed to the fatal outcome.
Euracare’s January 10 statement expressed “deepest sympathies” for the “profound and unimaginable loss,” denied negligence, noted an ongoing internal investigation, and highlighted collaborative care with external teams. The hospital has described the child as critically ill upon arrival and maintained that all actions followed established protocols.
The case has drawn widespread attention, with Lagos State authorities launching an independent investigation into the circumstances, amid broader scrutiny of medical standards in Nigeria. The Nigerian Society of Anaesthetists is also monitoring developments.
The family, including Adichie, has expressed devastation and called for accountability to prevent future tragedies. Nkanu was one of twin boys born to the couple via surrogacy in 2024. Public figures, including Nigerian President Bola Tinubu, have offered condolences as the matter continues to unfold.
Crime
Chimamanda Ngozi Adichie blames Euracare Hospital for son’s death
Chimamanda Ngozi AAdichie has revealed how her son was killed at Euracare Hospital by an anesthesiologist, in her statement, she said: “My son would be alive today if not for an incident at Euracare Hospital on January 6th.We were in Lagos for Christmas.
Nkanu had what we first thought was just a cold, but soon turned into a very serious infection and he was admitted to Atlantis hospital. He was to travel to the US the next day, January 7th, accompanied by Travelling Doctors. A team at Johns Hopkins was waiting to receive him in Baltimore.
The Hopkins team had asked for a lumbar puncture test and an MRI. The Nigerian team had also decided to put in a ‘central line’ (used to administer iv medications) in preparation for Nkanu’s flight. Atlantis hospital referred us to Euracare Hospital, which was said to be the best place to have the procedures done.
The morning of the 6th, we left Atlantis hospital for Euracare, Nkanu carried in his father’s arms. We were told he would need to be sedated to prevent him from moving during the MRI and the ‘central line’ procedure.
I was waiting just outside the theater. I saw people, including Dr M, rushing into the theater and immediately knew something had happened.
A short time later, Dr M came out and told me Nkanu had been given too much propofol by the anesthesiologist, had become unresponsive and was quickly resuscitated.
But suddenly Nkanu was on a ventilator, he was intubated and placed in the ICU. The next thing I heard was that he had seizures. Cardiac arrest. All these had never happened before. Some hours later, Nkanu was goneIt turns out that Nkanu was NEVER monitored after being given too much propofol.
The anesthesiologist had just casually carried Nkanu on his shoulder to the theater, so nobody knows when exactly Nkanu became unresponsive. How can you sedate a sick child and neglect to
monitor him? Later, after the ‘central line’ procedure, the anesthesiologist casually switched off Nkanu’s oxygen and again decided to carry him on his shoulder to the ICU!
The anesthesiologist was CRIMINALLY negligent. He was fatally casual and careless with the precious life of a child. No proper protocol was followed. We brought in a child who was unwell but stable and scheduled to travel the next day. We came to conduct basic procedures.
And suddenly, our beautiful little boy was gone forever. It is like living your worst nightmare. I will never survive the loss of my child.
We have now heard about two previous cases of this same anesthesiologist overdosing children. Why did Euracare allow him to keep working? This must never happen to another child.
-
Business3 days agoWhy Tax Reforms Benefits Will Be More Than The Shocks – Kupoluyi, LCCI President
-
Entertainment3 days agoNollywood ‘s Actress Allwell Ademola buried today in Lagos
-
News3 days agoFarouk Ahmed: Dangote Takes Petition Against Ex-NMDPRA Boss to EFCC
-
News3 days agoHomicide: Killer husband on the run for alleged murder of wife
-
Entertainment3 days agoWizkid becomes first African artist to hit 10 billion streams on Spotify
-
Entertainment3 days agoCarnival Calabar Spectacles Excite Portugal’s Ambassador to Nigeria
-
News3 days agoInsecurity: Nigeria to procure 12 attack helicopters from US , as Trump plans more strikes
-
News3 days agoArmed Forces Celebration and Remembrance Day on January 15
