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30 YEARS AFTER, NESTOIL CONTINUES TO LEAD INNOVATION IN LOCAL CONTENT

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If the story of Nigerian local content will be told, the impacts of the Nestoil Group will be a recurring theme of any such discussion. This is because, since its entrance into the oil and gas sector in 1991, 19 years before the enactment of the Nigerian Oil and Gas Industry Content (NOGIC) 2010, all of its activities has been to grow the sector for the economic development of the country.

From a staff strength of about 10 persons when Nestoil started from a one-room office on Idumagbo Avenue on Lagos Island in 1991, after its founder Dr Ernest Azudialu-Obiejesi had decided to give up his trading business to chart a new course in his entrepreneurial journey – the Oil and Gas industry, it has grown into a conglomerate with more than 1,500 employees.
The Nestoil group now renders services across the Oil and Gas Pipeline Construction, Pressure Vessel Manufacturing, Civil Construction Works, Dredging, Horizontal Directional Drilling, Major Steel Fabrication, Aviation, Exploration & Production, Drilling, Engineering and Dry-Docking Services.

It would be recalled that when Azudialu-Obiejesi ventured into the Oil & gas industry, Local Content in the industry was still a fantasy. He saw the landscape move from a tranquil one to a stormy one with locals demanding more say in the mining of “black-gold”.

After nearly 20 years of literarily weathering the storm alone in an industry dominated by foreign service companies, the government finally signed the Nigeria Content Bill into law and set up the Nigeria Content Development and Monitoring Board (NCDMB) as a watchdog to enforce compliance and protect the interest of local players in the industry. This has seen the emergence of new indigenous players in the Oil and Gas ecosystem. The Nestoil Group Chairman did not need an enabling law. He dared to thread where others had failed.
Leading Local Content with Innovation
With the reputation of creating novelty from challenges and which has been passed to all staff as the company culture, it wasn’t totally a thing of shock to observers when Nestoil -through one of its strategic business units, Neconde – announced the landmark Alternative Evacuation System (AES) to combat the incessant crude oil thefts and system shutdowns caused by vandalism.

In the last 47 years, oil-producing companies have used the 200km-long Trans Forcados Pipeline (TFP) in transporting crude oil to the Forcados Oil Terminal. However, frequent shutdowns due to vandalism and oil theft as well as technical challenges on the TFP have made many producers unable to meet export targets, with some of the crudes also stolen. This is what AET was created to address. This innovation was an accidental discovery due to one of the regular system shutdowns on the TFP that almost derailed the trajectory to grow their production to 60,000 barrels of oil per day, after crossing the 50,000-mark in February 2016.

Though the repairs eventually took 16 months before the pipeline could come on stream, the combination of technology, logistics and then resilience from the team made the AET possible which kept them in business.
This could have looked impossible during the conceptualization but the doggedness of the founder that is visible from top management to the last worker has earned the Nestoil brand the ‘’King of the Swamps’’ appellation. This came about due to past projects done exceedingly well.
One of such is the Shell Nembe-Cawthorne Channel Trunk Line Replacement Project (NCTL) project. This was the largest single pipeline construction under the SPDC Joint Ventures Asset Integrity Programme that replaced more than 1000km of deteriorated major pipelines and flowlines in Nigeria. The 97km Package A of this project was executed by Nestoil under the leadership of Dr Azudialu-Obiejesi. This project involved major construction in a harsh mangrove swamp terrain and traversed 3 cluster communities and hundred autonomous communities in both Bayelsa and Rivers state of Nigeria. Nestoil completed this project one month ahead of schedule without a single fatality. 99 per cent of the workforce in this project were Nigerians including the Project Manager. This pipeline can evacuate about 600,000 barrels of crude oil per day.

The Shell Kolo Creek Trunk Line (KCTL) Replacement Project is another project that validates the brand’s doggedness and innovation. This project, which is a first of its kind involved a method of pipeline installation that preserves the delicate natural environment of the Niger Delta. It is well known that the Niger Delta is an incredibly well-endowed ecosystem that contains one of the highest concentrations of biodiversity in addition to supporting abundant flora and fauna and more species of freshwater fish than any ecosystem in West Africa. The fact that this pipeline was laid by Nigerian engineers without disrupting this unique environment is quite remarkable.
One project that may have thoroughly tested Nestoil’s resolve to deliver at all times is the Obiafu, Obrikom, Oben (OB3) gas pipeline. The parts of the project Nestoil is working on are the swampy areas starting from Omoku, Rivers State to Delta State. The entire area goes underwater in the rainy season hampering work on the pipeline. Part of the Nestoil scope is to cross the 48-inch diameter pipeline under the bed of the River Niger for over two kilometers. This has never been done anywhere in Nigeria but Azudialu-Obiejesi is confident that despite setbacks, Nestoil will deliver on this project sooner rather than later.
The 48-inch diameter and 67-kilometre long gas pipeline is the largest gas pipeline in Nigeria and it’s expected to boost domestic gas supply by two billion standard cubic feet per day (bscf/d) when it begins operation.
The activities of Nestoil and its subsidiaries like Energy Works Technologies (EWT), IMPaC, B&Q Dredging, Hammakopp Consortium, Scorpio Drilling, Neconde Energy, Nesthak, Shipside Drydock, Gobowen E&P, and Century Power Generation Limited – in the energy ecosystem, has led observers to call it the local content success story.
The various well-equipped SBU’s, fuelled by the local content act, were created at different fora during the evolution of the oil and gas sector, according to Azudialu-Obiejesi, upon the identification of insightful business opportunities from needs that did not have readily available or sufficient in-country solutions.
Next 30 Years
The next 30 years will surely be more interesting as the company is set to proffer more workable solutions to the economic development of the country.
Through the execution of the various projects, the expertise and technical know-how of Nestoil and its staff have greatly improved that it is trusted by IOC’s and local partners to deliver on its mandate, no matter the tough terrain where the projects are located.
After nearly 30 years of running the business, Dr Azudialu-Obiejesi believes it is time to hand over to the next generation. His shoes may appear too large to fill but he disagrees. He says he has seen enough talents within his pool of employees that are driven by uncommon passion – a restless spirit seeking answers to Nigeria’s engineering and technology challenges, especially in the Oil and Gas industry.

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Ogun Central 2027: The Competence Question and APC’s Senatorial Choice

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LAs the 2027 elections draw closer in Ogun State, discussions about who should represent Ogun Central in the Senate are gradually gaining momentum. Across Abeokuta South, Abeokuta North, Odeda, Obafemi-Owode, Ifo, and Ewekoro, the mood among the people appears largely the same. The people have made their preference clear. Not in anger or protest but in the quiet and wilful way that voters do when they still believe you can do better. The unifying thing in the people’s agitation is the call for credible, competent, and accessible representation.

This is not a new demand from the people of the district. The demand for a paradigm shift has been growing in recent times. Residents across the district are showing a preference for leaders who can demonstrate measurable capacity in healthcare, infrastructure, education, youth empowerment and constituency development. The calls for palpable development, responsive engagement, and effective legislative outcomes have become too obvious to dismiss.

We can all recall that in the last elections in 2023, the All Progressives Congress rallied behind Senator Shuaibu Salisu with considerable optimism. Party leaders and stakeholders presented his candidacy to the people as the strongest path to meaningful progress for the district. That mandate carried real expectations, and it is fair to say that, in several communities, those expectations have not been fully met.

Concerns have been raised across town hall meetings, community forums, and on social media about the speed of infrastructural projects, the reach of scholarship and empowerment programmes, and the overall visibility of senatorial intervention in major sectors. Whether one attributes these gaps to constraints of the Senate’s systems or individual legislative capacity, the perception of underdelivery is widespread enough to warrant serious attention from party leaders.

For now, this dissatisfaction has not translated into rejection of the APC. Instead, it has taken the form of an expectation to do better next time. Voters in Ogun Central are not asking for a fundamental change in the party structure or traditions. They are asking for the incorporation of wider grassroots inputs and candidates’ worthiness in the process.

This presents both a challenge and an opportunity. The challenge is that the culture of selecting candidates through elite consensus without genuine grassroots consultation is a risk that may worsen the growing disconnect between elected representatives and the communities they serve. Political observers across the nation have questioned this practice repeatedly, and Ogun Central may be feeling its effects most.

The opportunity lies in what the APC does with this feedback. The party’s senatorial selection is not a formality to be managed. It places a decisive moment for public trust at the feet of the party leaders. It is also an opportunity to reposition the district for future outcomes. That means looking beyond the financially powerful or politically connected aspirants and instead evaluating candidates on measurable criteria like competence, work experience, community engagement, and constituency presence.

There is also a broader shift worth noting. The era in which financial muscle alone could determine electoral outcomes is visibly passing. Many voters across southwestern Nigeria, especially our people, are increasingly attentive to antecedents, accountability, and impact. They want representatives who can speak with authority in the Red Chamber, secure federal projects, and translate legislative work into visible improvement in their daily lives.

None of these is to suggest that Senator Salisu’s tenure should be written off. A single term in the Senate, particularly within Nigeria’s complex federal system, does not allow for a complete verdict. But it is sufficient for the electorate to form impressions, and those impressions should shape how the APC approaches 2027.

The path forward does not require the party to bring down the house. It only requires discipline. The leaders of Ogun Central APC would do well to begin inclusive consultations with stakeholders, community leaders, youth groups, women’s organisations, and ordinary party members so that the candidate who eventually emerges carries not just the party’s endorsement but also the people’s confidence.

The 2027 senatorial election will be more than a contest. It will be a test of whether the APC in Ogun State can translate its dominance at the polls into dominance in governance. The people of Ogun Central are watching, and their expectations are high. The party’s consideration or dismissal of the concerns raised above will influence public confidence in Ogun State.

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Alleged $1.5m Fraud: Court Dismisses Preliminary Objections, Bail Application of Intermediate Investment Holdings Boss, Ufoma Joseph Immanuel in Lagos

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Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Thursday, May 7, 2026, dismissed the preliminary objections and bail application filed by the boss of Intermediate Investment Holdings Limited, Ufoma Joseph Immanuel, over an alleged $1.5 million fraud.

The Economic and Financial Crimes Commission, EFCC, on Wednesday, March 11, 2026, arraigned Immanuel, alongside his company, Intermediate Investment Holdings Ltd., on a two-count charge bordering on obtaining by false pretence and forgery to the tune of $1.5m.

Count one reads: “UFOMA JOSEPH IMMANUEL and INTERMEDIATE INVESTMENT HOLDINGS LIMITED between April 2022 and October 2023 in Lagos,  within the jurisdiction of this Honourable Court, with intent to defraud, induced Adebisi Adebut of R28 Holdings Limited to deposit the total sum of S1, 500, 000.00 (One Million, five Hundred Thousand United States Dollars USD) as investment described as to wit: “Cash and or Capital Cost in Chappal Petroleum Development Company Limited; Business Development Cost in Intermediate Investment Holdings Limited: Capital and or Capital Call in Chappal Energies Mauritius Limited” on the understanding that R28 Holdings Limited will be; (a) reimbursed the investment amount (b) paid a Development Capital fee of $2 250,000.00. (Two Million, Two Hundred and Fifty Thousand Dollars) (c) 22.4% worth of shares in Intermediate Investment Holdings Limited which representation you knew to be false.”

Count two reads: “UFOMA JOSEPH IMMANUEL, sometime between April 2022 and April 2025 in Lagos, within the jurisdiction of this Honourable Court, with intent to defraud, forged a document to wit: TERM SHEET and purporting same to have been executed by Sherrif Oluwo and Olaniran Osotuyi in order to facilitate your obtaining money by inducement from Adebisi Adebutu of R28 Holdings Limited.”

The defendant pleaded “not guilty” to the charge preferred against him.

Following the defendant’s “not guilty” plea, the prosecution counsel, Babatunde Sonoiki, asked the court to fix a date for the commencement of trial and also prayed the court to remand the defendant  in the custody of the International Criminal Police Organization, INTERPOL, pending the conclusion of  its investigation.

Sonoiki also narrated how the defence counsel,  Oluseun Awonuga, SAN, had physically assaulted his colleague, Emenike Mgbemele, at the sitting on March 2, 2026.

According to him, “My lord, the learned silk, physically assaulted my colleague on the staircase on his way to serve the defendant the charge as directed by the court.

“There is a video to that effect and we intend to tender it before the court.”

Though Awonuga did not respond to the allegation made against him by the prosecution counsel, he informed the court of a preliminary objection and a written address dated January 5, 2026, while urging the court to discountenance the counter-affidavit of the prosecution.

The prosecution, in a 21-paragraph counter-affidavit dated February 9, 2026, had urged the court to dismiss the notice of preliminary objections.

According to Awonuga, the Federal High Court, in a ruling, had ordered the  EFCC not to arrest the defendant.

“EFCC has flouted the order by arresting the defendant and I hereby urge your lordship to discountenance their counter- affidavit,” he said.

Responding, the prosecution counsel, Babatunde Sonoiki, said that the ruling was part of the motion that  had earlier been withdrawn by the defence and should not be before the court.

“ There is nowhere in the ruling that says the defendants cannot be arraigned in a court of competent jurisdiction.

“My lord, the ruling was delivered in a civil case; and according to the Supreme Court, a criminal case and civil case can go on at the same time.

“We urge the court to dismiss the application and order accelerated hearing in this case,” Sonoiki had said.

After listening to both parties, Justice Dada had, consequently, adjourned the case till May 7, 2026 ( today) for ruling.

Ruling on the application , Justice Dada held that: “The preliminary objection is baseless and the entire application is lacking in merit; and it is hereby dismissed.”

Also, Justice Dada, in her ruling on the bail application of the defendant, held that “On the basis of considering the antecedent of the defendant for not honouring the invitation of the applicant after he was granted administrative bail, I agree with the complainant that he is a flight risk; therefore, bail is refused.”

Justice Dada adjourned the case till June 24, 26, 29 and 30, 2026 for the commencement of trial.

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Ogun Central APC Race: ‘I Remain in the Contest’ — Sofela Declares Amid Consensus Speculation

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By Solanke Ayomideji Taiwo

ABEOKUTA — A frontline aspirant for the Ogun Central Senatorial seat under the platform of the All Progressives Congress (APC), Emmanuel Adebola Sofela, popularly known as Shoffi, has dismissed widespread speculations that he has withdrawn from the race in favour of another aspirant .

Sofela described the reports making rounds in some political circles as “false, misleading and the handiwork of political detractors,” insisting that he remains fully committed to his ambition of representing Ogun Central Senatorial District at the National Assembly.

In a statement made available to journalists on Friday, the APC stalwart urged his supporters, political associates and loyalists across the six local government areas that make up Ogun Central to disregard the rumours and remain resolute in their support for his aspiration.
According to him, there has never been any agreement or arrangement for him to step down for any aspirant to emerge as a consensus candidate of the party.

“I want to categorically state that I have not stepped down for anyone in the Ogun Central Senatorial race. The rumours flying around are entirely false and should be ignored by all my supporters and members of the public,” he said.

Sofela expressed confidence in his chances of securing the APC ticket, stressing that his popularity, political experience and grassroots connection across the district place him in a strong position ahead of the party primaries.

The senatorial hopeful reiterated his determination to provide quality representation for the people of Abeokuta South, Abeokuta North, Odeda, Obafemi-Owode, Ifo and Ewekoro local government areas if elected into the Senate in 2027.

He noted that his aspiration is driven by a genuine desire to contribute meaningfully to the development of Ogun Central through effective legislation, empowerment programmes and people-oriented policies.

“My ambition is rooted in service to the people. I remain committed to the vision of giving Ogun Central a strong voice in the Senate and facilitating developmental initiatives that will positively impact our people,” Sofela added.

The APC chieftain further appealed to party members to remain united and avoid distractions capable of causing division within the party structure ahead of future political activities.

Political observers in the state believe the race for Ogun Central Senatorial seat is gradually gathering momentum as aspirants continue consultations and grassroots mobilization across the district ahead of the 2027 election cycle.

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