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Akwa Government Signs Shareholder Agreement With NNPCL

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The Nigerian National Petroleum Company Limited (NNPCL) has signed a Shareholder Agreement with the government of Akwa Ibom State and Solutions Hub Limited to develop an integrated logistics hub that can service the Nigerian upstream oil and gas industry and the entire Gulf of Guinea.

The partnership which was sealed yesterday in Akwa Ibom State, is in line with strategies being taken by the NNPCL management to reposition the national oil company to operate commercially and deliver greater value for Nigerians.
Speaking at the event, the Chairman, Board of Directors of NNPCL, Senator Margery Okadigbo, said that as a national oil company transiting to a full-scale energy company, the NNPCL’s commitment to the Ibom Solution Hub signalled to potential investors and business partners that the company meant business.

Okadigbo added that human relations, logistics, and direct handling costs represented almost 70 per cent of the total operating expenditure for the industry, with logistics costs contributing the most after human relations.
According to her, a further breakdown of the logistics costs shows that Marine Logistics accounts for the most significant component contributing about 44 per cent of costs.
With only two major centres in Nigeria that provide a shore base for logistics and other services for the oil and gas industry -LADOL in Lagos and INTELS in Onne, Port Harcourt, respectively, she stated that some of these costs could be attributed to a shortage of appropriate facilities where these services are required.
In recognition of these challenges, she told the gathering that the Nigerian government, under the leadership of President Muhammadu Buhari and the Minister of State for Petroleum Resources, Chief Timipre Sylva, directed NNPCL to work with all relevant agencies to democratise and increase the number of shore base locations equipped appropriately for effective and efficient service delivery at a competitive cost.
Okadigbo said, “The proposed Ibaka Industrial Complex is one of such efforts by NNPC Limited, in partnership with the Akwa Ibom State Government and foreign investors to develop an integrated logistics hub that can service the Nigerian upstream industry and the entire Gulf of Guinea.

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Governor Umo Eno Dissolves Akwa Ibom State Executive Council

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Governor Umo Eno of Akwa Ibom State has dissolved the State Executive Council with immediate effect, according to a statement from the Secretary to the State Government, Mr. Enobong Uwah.

The dissolution affects all commissioners and special advisers, who are instructed to hand over their duties to the permanent secretaries in their respective ministries. In ministries lacking permanent secretaries, the most senior director is to assume responsibility.

The governor expressed his gratitude to the outgoing council members for their service and contributions to the state’s development, wishing them success in their future endeavors.

Governor Eno inherited the executive council members from his predecessor, Mr. Udom Emmanuel, nearly 19 months ago.

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PDP Welcomes Founding Fathers Back to Party in Akwa Ibom State

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The Peoples Democratic Party (PDP) in Akwa Ibom State has celebrated the return of two prominent founding members, Chief Edet Isong and Prince Emmanuel Isong, to the party.

The Ward 2 branch of the PDP in Urue-Offong/Oruko formally welcomed the returnees at a grand ceremony in Uyo, marking their reintegration into the party.

Chief Edet Isong, a former Transition Chairman of Urue-Offong/Oruko, expressed enthusiasm about rejoining the PDP, describing it as “coming back home to contribute, support, and work for my family, the PDP.” He commended Governor Umo Eno’s leadership and the state’s developmental strides, citing projects like the Nsit Atai-Okobo Road as evidence of progress under the administration.

Prince Emmanuel Isong, a retired Director with the Independent National Electoral Commission (INEC), also returned to the PDP, bolstering the party’s presence in Ward 2 and the Urue-Offong/Oruko community.

The Deputy Ward Chairman, Mrs. Nkoyo Unanaonwi, expressed joy at the return of the two stalwarts, highlighting their invaluable contributions to the party and community. “Their return is a big win for our party,” she noted.

Goodwill messages flowed from stakeholders, including Hon. Victor Amah, Chief Daniel Afiakurue, and Comrade Clement Walter, who celebrated the reunion as a significant boost for the PDP.

Chief Isong, previously affiliated with the Young People’s Party (YPP) after leaving the All Progressives Congress (APC), stated his decision was influenced by the steadfast leadership in the PDP and Governor Umo Eno’s people-focused agenda.

The ceremony marked a pivotal moment for the PDP in Urue-Offong/Oruko, as members expressed optimism about the party’s future strengthened by the return of its founding fathers.

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Akwa Ibom PDP Declares Governor Umo Eno Sole Candidate for 2027 Governorship Election

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The Peoples Democratic Party (PDP) in Akwa Ibom State has endorsed Governor Umo Eno as its sole candidate for the 2027 governorship election, despite the general election being over two years away.

The decision, announced at the PDP Enlarged State Executive Council Meeting on 6 January 2025, was formalized in a communiqué signed by the party’s state chairperson, Aniekan Akpan. The party cited Governor Eno’s “outstanding performance” and “exemplary leadership” under his Arise Agenda as reasons for the endorsement.

“His vision has delivered significant dividends of democracy for Akwa Ibom State,” the communiqué stated.

This move effectively excludes other aspirants within the party, consolidating Governor Eno’s position as the PDP’s flagbearer in a state that has remained a PDP stronghold since 1999.

Governor Eno, who assumed office on 29 May 2023, dissolved his cabinet hours before visiting the PDP state secretariat in Uyo on Saturday.

With opposition parties like the All Progressives Congress currently weak in the state, Governor Eno appears well-positioned for a second term in 2027.

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