Sylva: Bayelsa Oil, Gas Park To Create 2,000 Jobs

Hamilton Nwosa
Writer
FG To Consider Removal Of Fuel Subsidy In 18 Months -- Sylva

Ad

Experts React as FG, World Bank Clash Over Nigeria’s Poverty Figures

By Obinna Uballa A new poverty report by the World Bank has sparked a wave of controversy in Nigeria, with the Federal Government dismissing it as “unrealistic” and experts insisting that the figures, however grim, reflect the lived experiences of millions of citizens. The World Bank’s Nigeria Development Update released this week estimates that 139…

Israel, Hamas Greenlight First Phase of Trump’s Peace Plan

By Abiola Olawale Israel and Hamas have inked their approval on the inaugural phase of the United States President Donald Trump's Gaza peace initiative. The agreement, announced on Wednesday amid high-stakes indirect talks in Egypt, paves the way for an immediate ceasefire, the release of hostages, and a surge in humanitarian aid. This development is…

Where Extreme Poverty Rates Are Highest in the World

Key Takeaways Africa is home to 23 of the top 30 countries with the highest rates of extreme poverty. Kosovo ranks in 19th globally in 2024, seeing the highest rates outside of Africa—a country that faces high unemployment rates and ongoing conflict. The Democratic Republic of Congo (DRC) produces roughly three-quarters of the world’s cobalt, it…

Ad

Chief Timipre Sylva, Minister of State For Petroleum Resources, on Friday said the Nigerian Oil and Gas Park Scheme (NOGAPS) at Emeyal, Ogbia Local Government Area, Bayelsa will create at least 2,000 jobs on completion.

The News Agency of Nigeria (NAN) reports that Sylva, who visited the NOGAPS site to ascertain the pace of work, said the project which is 70 per cent completed, would be ready for inauguration by the fourth quarter of 2022.

NAN reports that the groundbreaking ceremony for the project was performed on May 4, 2018 by then Minister of State for Petroleum Resources, Dr Ibe Kachikwu.

He said that when it begins full operation, it will create a regional low-cost manufacturing hub that will produce equipment components and spare parts to be utilised in the nation’s oil and gas industry.

“I must say I’m very impressed with what I have seen today. Once upon a time this place used to be a swamp.

“President Muhammadu Buhari has promised to bring jobs to our people because we believe that job creation can also solve the problem of the Niger Delta Region. President Buhari is living up and doing just that.

“We are certain that within the life of this administration this project will be settled and commissioned.

“The Nigerian Content Development and Monitoring Board, (NCDMB) has done very well. Before the establishment of this Board, local participation was just about three per cent but today they have taken it to over 30 per cent and the trajectory is to boost it to 70 per cent within a few years from now.

“This place, when completed, can create 2000 jobs, and this is just one of many we have across the country,” the minister said.

Sylva applauded the host community for a sustained atmosphere of peace, adding that the feat could not have been attained without peace.

Also speaking, Mr Simbi Wabote, Executive Secretary of the NCDMB, commended the minister for his drive towards the success of the project.

“This is possible because of the support you have given to this project since becoming minister of State For Petroleum Resources and that is responsible for the swift pace of work we are seeing here today.

“NOGAPS is the NCDMB’s flagship project, which is in line with the Federal Government’s mandate to develop indigenous capacities for the oil and gas Industry.

”The policy of President Buhari-led Federal Government to drive towards opening up local manufacturing in the country is one sure way of driving economic development,” Wabote said.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp