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🇳🇬 Shell Approves $2 Billion Offshore Gas Project in Nigeria — A Major Boost for the Nation’s Energy Future

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Global energy giant Shell Petroleum Development Company (SPDC) , in collaboration with Sunlink Energies , has officially approved the development of a new $2 billion offshore gas project in Nigeria. This project, named the HI Gas Field Development , is a landmark step in reviving Nigeria’s oil and gas fortunes and a strong signal of renewed investor confidence in Africa’s largest energy producer. 🔹 A Bold Step in the Offshore Frontier The HI gas field, located in Oil Mining Lease (OML 144) roughly 50 kilometers offshore the Niger Delta coast, is expected to produce about 350 million standard cubic feet of gas per day at peak capacity. Shell holds a 40% stake in the project, while its partner Sunlink Energies retains 60% . The gas will be supplied primarily to Nigeria LNG (NLNG) and other domestic offtakers, helping to meet Nigeria’s rising energy demand. According to project details released by Shell on Monday, the development will include a combination of subsea wells , of...

Udeze Emerges Speaker Of Anambra Assembly

The member representing Ogbaru II Constituency in the Anambra State House of Assembly, Somtochukwu Udeze, has emerged as the Speaker of the state assembly.

Udeze emerged as the Speaker on Monday, after he was unanimously elected by the 30 members of the eighth Assembly at the State House of Assembly Complex in Awka, the Anambra State capital.

He is a third-term member of the Assembly, who first became a member of the house on the platform of the All Progressives Grand Alliance in 2015, but later decamped to the Peoples Democratic Party, under which he won re-election to the house in 2019.

He also won the March 2023 House of Assembly elections under the PDP, which made him become a three-term member, but thereafter decamped back to APGA, a few days before the inauguration of the state Assembly.

Udeze was nominated for the position by the member representing Ekwusigo Constituency, Ikenna Ofodeme, and seconded by the member representing Awka North, Chimezie Ikwunne.

During the event, which also had in attendance, the Anambra State Governor, Prof. Chukwuma Soludo, the member representing the Awka South II Constituency, Chukwuma Okoye, emerged as the deputy speaker of the house, following a voice vote by the lawmakers.

Both of them were sworn in by the acting clerk of the House, Esther Aneto, who also decorated the new Speaker to succeed the outgone Speaker, Uchenna Okafor.

Speaking during the ceremony, Soludo described the legislature as a crucial partner in the quest for good governance and delivering dividends of democracy.

Soludo said, “I congratulate our newly inaugurated legislators. Irrespective of your different party affiliations, you have been employed by the people to ensure that Anambra blossoms.

“The executive, the legislature and the judiciary must work in a collaboratively, coordinated and cooperative way to achieve project Anambra by making the state liveable and prosperous.

“If you all act fully in accordance with the oath of office and allegiance you have taken, I am sure that Anambra will have the most productive legislature in the country.

“It is a new productive partnership and as the head of the executive arm of government, I am ready so that we can achieve our common goal which is a greater Anambra.

“It is a new productive partnership, and as the head of the executive arm of government, I am ready so that we can achieve our common goal, which is a greater Anambra.”

The new speaker, in his acceptance speech, promised to improve the welfare and security of the people through developmental-oriented bills and motions as well as serve as an effective watchdog of the state’s commonwealth.

“I am grateful to my colleagues for electing me as the Speaker. The 8th Assembly under my watch will foster a relationship with the executive and the judiciary based on cooperation and mutual respect.

“I sincerely look forward to a relationship of healthy interdependence where each arm approaches one another as a responsible partner in governance.

“We shall ensure the development of appropriate legislative templates for addressing the numerous challenges in our state,” he added.

He also read the letter from the ruling APGA on the nominees for principal officers after which he said the letter would be considered at the next adjourned date on July 11.

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