News Feature – Page 4 – Shipping World News Magazine

Oct192025 by adminNo Comments

Africa’s Energy Bank: Hope, Hurdles and the Battle for the Continent’s Energy Future By Charles Tambou

News Feature

A quiet revolution is taking shape in Africa’s energy sector. For decades, African nations have depended heavily on Western banks and foreign investors to fund oil, gas, and power projects. But as those financiers turn away from fossil fuels, Africa is charting a new course by building its own bank, the Africa Energy Bank (AEB) and its headquarters is inAbuja, Nigeria. The Africa Energy Bank is the brainchild of the African Petroleum Producers’ Organisation (APPO) and Afreximbank, Africa’s trade finance powerhouse. Its mission is simple but ambitious, to raise about $5 billion to fund oil, gas, and power infrastructure across the continent. In other words, projects that foreign lenders are now reluctant to support. For many African countries, this bank could not have come at a better t...

Oct182025 by Asu BeksNo Comments

Breaking: Mobereola Rejuvenates NSDP …appoints Capt Omotosho to head Scheme. By Asu Beks.

Maritime, News Feature

Determined to avoid previous flaws and misteps of the flagship Nigerian Seafarers Development Programme, NSDP, Director General of the Nigerian Maritime Administration and Safety Agency, Dr Dayo Mobereola, has carried out a major overhaul of the Scheme in line with global best practices. In recent years, the Scheme has come under intense scrutiny by stakeholders who had called for its evaluation in line with current realities to reflect our demands and aspirations as one of the fastest-growing Maritime nations in Africa. While some have called for its scrapping, others have insisted that it didn't make economic sense or logic to send students abroad for diploma programmes when back at home, we even have better institutions to run such programs. Shipping World Magazine can confirm exclus...

Oct182025 by Steve AzaikiNo Comments

The Technocrat’s Dilemma: Can Dakuku Peterside’s Rational Vision Transform Nigeria?

News Feature

sits at an interesting intersection of politics, public administration and management practice. Best known to many as the turnaround Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) and a former federal lawmaker, Dr. Peterside in October 2025, amid Nigeria's 25th year of uninterrupted democracy marked by both triumphs and tremors, unveiled two seminal works: Leading in a Storm (published by Safari Books) and Beneath the Surface: Essays on Nigeria’s Chequered Journey (under Masobe Books' Makere imprint). Launched in high-profile events across Lagos, Abuja, London, and Chicago, these volumes distill decades of frontline experience into actionable wisdom, appraising leadership not as charisma but as calibrated competence.. Taken together they are less self-p...

Oct152025 by Asu BeksNo Comments

Gov Diri Aborts PDP’S 26 Reign in Bayelsa, Dumps Party with 23 Lawmakers.

Misc, News Feature, Politics

After months of speculation and rumoured defection from the Peoples Democratic Party, PDP, Governor of Bayelsa State, Senator Douye Diri, on Wednesday, officially announced his resignation from the party over what he described as “obvious reasons.” Governor Diri made the announcement during an expanded State Executive Council meeting in Government House, Yenagoa, which had in attendance Speaker of the House of Assembly, Abraham Ingobere, his deputy, Michael Ogbere, the All Progressives Grand Alliance (APGA) minority leader, Edward Brigidi and seven other lawmakers. A statement by the governor’s Chief Press Secretary, Mr. Daniel Alabrah, quoted him as saying that he took the decision after extensive consultation with leaders of the state. He expressed gratitude to his supporters, w...

Oct142025 by Asu BeksNo Comments

Bayelsa Signs Solar Panel Production Deal

News Feature

Bayelsa State recorded another milestone on Tuesday following the signing of a renewal energy agreement for solar panels manufacturing plant in the state. The tripartite deal between the Federal Government’s Rural Electrification Agency (REA), the Bayelsa government and J Marine Logistics Limited, a subsidiary of the Dubai-based Jampur Group that supplied the state’s 60mw gas turbines, was signed in Abuja during the 2025 Nigeria Renewable Energy Innovation Forum (NREIF) at the Transcorp Hilton Hotel. Governor Douye Diri signed on behalf of the state while the chairman of Jampur Group, Mr. Mohammed Shafiq, signed for the company in the presence of Vice President Kashim Shettima, who chaired the event, the Minister of Power, Adebayo Adelabu, and the REA Managing Director, Abba Aliyu. ...

Oct132025 by Asu BeksNo Comments

Lokpobiri resolves dispute between host community and Oil Museum Contractor

News Feature

Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, has appealled to the good people of Otuabagi community in Ogbia LGA, to allow work to resume on the Oloibiri Oil Museum and Research Center project site. The Minister, who appealled to the Community when the President of IYC Worldwide, Sir Jonathan Lokpobiri Snr, the Chairman of Otuabagi Chiefs Council and others met him in Yenagoa on Sunday, to seek his attention on the ongoing disput, urged them to prioritize progress over grievances, noting that Oloibiri's prolonged neglect makes this opportunity too valuable to miss. While emphasizing that Oloibiri area, which oil was first struck in commercial quantity, has faced prolonged neglect and urged the community to seize the current opportunity, rather than lettin...

Oct72025 by Asu BeksNo Comments

Bayelsa Air Set for Launch as Govt Acquires two aircraft

News Feature

Bayelsa State has procured two aircraft to commence commercial flight operations at the state’s airport. Governor Douye Diri, who stated this on Monday during the courtesy visit of the Prime Minister of the State of Africa In Diaspora, Dr. Tin Louise-George, to Government House, Yenagoa, said the planes would soon arrive and would operate the Yenagoa, Lagos and Abuja routes. Governor Diri said his administration was determined to make the Bayelsa International Airport more commercially effective for flight operations. While welcoming Dr. Louise-George on his maiden visit to Nigeria and Bayelsa, he described the State of Africa in Diaspora as akin to Doctors Without Borders. He said the state government was ready for partnership in the area of the airport expansion and developme...

Oct32025 by Asu BeksNo Comments

Tinubu to inaugrate $400m Rivers crude export termnial

News Feature

President Bola Tinubu is scheduled to inaugurate the $400m Otakikpo Onshore Crude Oil Export Terminal in Rivers State on October 8, the first new crude export facility to be built in Nigeria in over 50 years. The facility, developed by Green Energy International Limited, operators of the Otakikpo field in OML 11, Ikuru town, Andoni Local Government Area of Rivers State, is the first wholly indigenous onshore terminal built in Nigeria. The last such facility, the Forcados Terminal, was commissioned in 1971. The inauguration is expected to attract top government officials, including the Rivers State Governor, His Excellency, Sir Siminalayi Fubara, the Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri and key stakeholders across the oil and gas sector. According to a ...

Oct32025 by Asu BeksNo Comments

GULF OF GUINEA SECURITY: IMO GIVES NIGERIA THUMBS UP

News Feature

The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Domínguez, has lauded Nigeria’s remarkable achievements in maritime security, particularly its success in recording zero piracy incidents for over three years and the groundbreaking Deep Blue Project, which he described as a model for regional cooperation in the Gulf of Guinea. Mr. Domínguez, who arrived in Nigeria on Thursday, made the remarks during a courtesy visit to the Honourable Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola, CON. He noted that Nigeria’s investment in maritime safety infrastructure and the collaboration of its security agencies, especially the Nigerian Navy, have yielded tangible results in combating piracy and maritime crimes. According to him, these effor...

Oct22025 by Asu BeksNo Comments

Abuja’s huge Agro Allied Potentials, a boost to Nigeria’s non oil revenue…Dantsoho

News Feature, Port News

The Managing Director of Nigerian Ports Authority (NPA), Dr Abubakar Dantsoho has said that the centrality of Abuja coupled with its rich agro-allied potentials is germane to strengthening NPA’s commitment to supporting the Federal Government’s efforts to continuously grow non-oil revenue by connecting local value producers in the non-oil value chain to identified international clusters of demand for their goods. According to him, the position of Abuja as the centre of the country is strategic to the NPA’s renewed trade facilitation focus that places a high premium on port-hinterland connectivity, which Abuja’s centrality accentuates, presents a seamless linkage with the comparative advantages inherent in all regions of the federation that can be harnessed to sustain growth in the volum...