Connect with us
>

Maritime

Seplat appoints Omiyi Non-Executive Chairman

Published

on

Shares: Seplat Energy awards N5bn to 3 directors

Mr Basil Omiyi, Non-Executive Chairman, Seplat Energy Plc.

Seplat Energy Plc, a leading Nigerian energy company has appointed Mr Basil Omiyi, as the company’s new Independent Non-Executive Chairman, effective immediately.

Seplat, which is listed on both the Nigerian and the London Stock Exchanges made the announcement on Thursday in a statement by its Director, External Affair and Sustainability, Dr Chioma Nwachukwu.

Also read: Seplat posts $177m pre-tax profit for 2021

The statement said his appointment followed a thorough assessment of internal and external candidates.

According to the statement, it was approved after a unanimous vote by all Directors of Seplat Energy, in compliance with the Companies and Allied Matters Act in Nigeria (CAMA).

The statement said in addition,

Dr Charles Okeahalam succeeded Omiyi as the Senior Independent Non-Executive Director.

It said: ” Omiyi has been a member of Seplat Energy’s Board of Directors since March 2013 and as Senior Independent Non-Executive Director from Feb.1, 2021.

“During this period, he sat on the Company’s Remuneration, Nominations and Governance, Energy Transition, and Risk Management and  HSSE committees.

“His experience in the energy industry is extensive, with more than 40 years at Royal Dutch Shell, during which time he held senior roles in Nigeria and Europe including being Country Chairman of Shell Companies, Nigeria, until his retirement in 2009.

“He has held several leadership positions in the Nigerian oil and gas industry, including Chairman, Upstream Industry Group (Oil Producers Trade Section, Lagos Chambers of Commerce and Industry) from 2007-2010.

” Omiyi was also Chairman of the Energy Sector of NEPAD Business Group, Nigeria, and Board Member NEPAD Business Group, Nigeria from 2005-2010; Chairman, of the Oil and Gas Commission of the Nigerian Economic Summit Group from 2005-2010.

“He was a Board Member, Nigerian Extractive Industry Transparency Initiative (NEITI) 2007-2010 and also the Independent Non-Executive Chairman of Stanbic IBTC Holdings, a subsidiary of Standard Bank Group, a post he has held since 2015.”

It said in 2011, he was awarded the national honour of Commander of the Order of the Niger for pioneering leadership in Nigeria’s oil and gas sector.

Mr Roger Brown, Chief Executive Officer of Seplat Energy, said the company was moving into the next chapter of its development as the founders, Dr ABC Orjiako and Mr Austin Avuru stepped off the board.

He said: “Seplat has once again demonstrated its commitment to strong corporate governance in delivering on its promise of appointing an Independent Non-Executive Chairman.

” Omiyi has been a leading figure in the Nigerian oil and gas sector and also with Seplat Energy, haven joined its board in 2013 and helped it to achieve a dual listing in April 2014.

“The vast depth of experience and his detailed knowledge of Seplat Energy will be invaluable as we continue to evolve and mature the company.

“He has provided invaluable guidance as an Independent Director and I look forward to his continued leadership as our new Independent Non-Executive Chairman.”

Brown said the company would also benefit from the considerable expertise of  Okeahalam as Senior Independent Non-Executive Director, especially his experience and knowledge of Africa’s economies and its financial markets.

“Under their guidance, we will continue to expand and consolidate our position as Nigeria’s leading energy company and the partner of choice to deliver energy transition for Africa’s largest economy and its rapidly growing population,” he said.

 

Continue Reading
Advertisement Simply Easy Learning
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

four − one =

Maritime

Reps Demand Restructuring Of Terminal Operators, NPA Licensed Agents

Published

on

Reps Demand Restructuring Of Terminal Operators, NPA Licensed Agents

 ..Says “Our goal is to effect changes that will restructure and position it to compete in the global space

The House of Representatives Committee on Ports and Harbour has demanded the restructuring of Terminal Operators and Nigeria Ports Authority (NPA) Licensed Agents in the country.

Rep. Nnolin Nnaji, Chairman of the committee, disclosed this at the interactive session with terminal operators and NPA licensed agents in Abuja on Thursday.

“Our goal is to effect changes that will restructure the unique and high-tech sector and position it to strategically compete in the global space.

“This sector is very dynamic and we must constantly review the standards, facilities and operational guidelines to keep pace with its obtainable global best practices,” he said.

The lawmaker reiterated the committee’s readiness to ensure that the sector remained one of the best through appropriate legislation and oversight.

“This is to bequeath to Nigerians, ports and harbours that are properly regulated and better managed for greater efficiency.

“It is important to harmoniously promote the objective of professionalising the modus operandi of this sector to improve our country’s Gross Domestic Product and revenue generation.

“We intend to collaborate with relevant stakeholders in the industry to ensure that appropriate avenues are created for economic development,” he said.

He said the committee was poised to make the ports a hub for better non-oil revenue generation, adding that the house would continue to support total rehabilitation and upgrading of ports, harbours and allied services.

In her contribution, the Registrar and Chief Executive Officer, Council for the Registration of Freight Forwarders of Nigeria, Urunta Chinyere, advised terminal operators to adopt electronic mode of payment.

“This is to reduce human interface in their operations,” the officer said.

Continue Reading

Maritime

SOAN Inaugurates New Leadership, Boosting Hopes Of Crushable Inflation

Published

on

SOAN Inaugurates New Leadership, Boosting Hopes Of Crushable Inflation

…Sonny Eja is President, Ekere is 1st Vice President; Iroghama Ogbeifun is Chairman, Technical Committee

When Air Peace made its innocent maiden flight from Nigeria to London on March 30, 2024, the symbolical flight achieved two things: first, it broke the unholy equilibrium fare price amongst available airlines.

Secondly, the gesture sent some powerful signals to the entrenched operators, that a determined indigenous operator has finally berthed; and momentarily, the extortionate fare crashed…! Now, if we should replicate this very gesture in the maritime, with a provision of a ‘national’, but privately run vessels/ carriers, how far or fast would carriage charges crash?

The Air Peace has silently made a deafening statement: no amount of plea would crash prices, except the nation can assertively provide a functional alternative.

SOAN Inaugurates New Leadership, Boosting Hopes Of Crushable Inflation
SOAN President, Sonny Eja.

The distance between Lagos and London by flight is about 6 hours and 40 minutes. The distance between London and New York by flight duration is 7h 30m. So, how come the cost of flight from Lagos to London is always twice as much, compared to the cost of flight from London to New York…? 

The answer is simple: Nigeria is an orphan, and there is no effective competition to mitigate arbitrariness. In the maritime sector, however, the country’s fate is worse: shippers are paying twice for cargo freight. Same for handling charges. There was even a time they were paying for as ridiculous a charge as the ‘Weekend’ levy, in the event that you are unlucky to come for clearing by weekends!

 The growing inflation, the poor masses albatross is both artificial and conspiratorial!

First, government’s understanding of the industry is warped and its support, insignificant. The Government functionaries who should assist both the shippers and stakeholders were often either insincere, ignorant or easily cave in under politicians’ pressure. 

No one is as hopeful as the hunter’s wife: she knows her husband did not keep any beast in the forest, yet, she joyfully sings lullaby for the baby on the mat, as she washes the soup pot and grinds the pepper, as she awaits the husband’s return! And the hunter never disappoints.

It is in the same spirit, that shippers would tomorrow, celebrate the inauguration of the incoming President of the Ship Owners Association of Nigeria SOAN, Sonny Eja.

Those who know him at close range described him as a highly focused, truly inspired and totally committed investor, who never disappoints. He is sold to the cause of the shipping industry development. 

Unarguably, he is acknowledged as a resourceful long runner, who often is not only self-motivating, but equally enjoys the special ability to motivate others  Some said it is for this reason that he is so treasured, by the SOAN maiden Arrowhead and Nigeria’s foremost shipping magnate, Engr. Greg Utomwen Ogbeifun.

The President, fortunately, will be fully assisted by tested and trusted ship owners, with enviable skills and technical know-how.. promoters 

These include Dr Louis Ekere as SOAN’s 1st Vice President; Mr. Gbolahan Shaba, the 2nd Vice President; Mr.Babalola Adefariti – Financial Secretary/ Treasurer; Mr. Bem Garba –  Chairman, Training & Capacity building Committee; the shipping industry Amazon, Ms.  Iroghama Ogbeifun as Chairman Technical Committee; Ms. Bassey Adie -Chairman, Ethics & Privileges Committee; and finally, Mr. Emmanuel Okene, who is the Chairman, Finance and membership Committee.

The Doyen of the Maritime industry, High Chief Adebayo Babatunde Sarumi once congratulated SOAN for lifting Nigeria off the lackluster club of 10-Percenters. 

Now, the whole nation would probably look up to SOAN, to midwife a ‘national carrier’ and permanently crash the menace of intractable inflation!

Continue Reading

Maritime

Smugglers Altering Vehicles’ Chassis Numbers–Customs

Published

on

Smugglers Altering Vehicles’ Chassis Numbers–Customs

Mr Chedi Wada, the outgoing Comptroller of the Federal Operations Units (FOU) Zone “B”, Kaduna says smugglers are now altering vehicles’ chassis numbers in the bid to perpetuate their nefarious activities.

Wada spoke to newsmen on Wednesday in Kaduna after handing over the leadership of the unit to his successor, Mr  Ahmadu Shuaibu.

He, therefore, underscored the importance of public awareness and compliance with government policies.

Wada reflected on the myriad of achievements and challenges encountered during his tenure.

He commended the resilience of his team in tackling the hurdles posed by nationwide border closures.

According to him, with unwavering support from the Comptroller-General  (CGC), Mr Bashir Adewale, saying that they have successfully curbed smuggling activities within the zone.

He said,  “FOU Zone ‘B’ Kaduna is now well-equipped and effectively managed, marking significant strides during my six-month stewardship.”

Wada acknowledged the pivotal role of the media in showcasing the unit’s efforts while urging the officers to prioritize knowledge acquisition and diligent execution of duties.

He said, “Total commitment and dedication have been the cornerstone of my successes.”

Wada also urged  his colleagues to follow suit,  disclosing that with his redeployment to the NCS Headquarters in Abuja, he will work under the Enforcement, Investigation, and Inspectorate Unit

He also assured of his continued dedication to service, WARING smugglers that his successor is an enforcement expert who is prepared to take charge.

Wada expressed confidence in the incoming comptroller’s abilities to build upon the foundation laid, signalling tough times ahead for the smugglers.

Wada’s redeployment marked the end of his duty of combating smuggling and fostering organizational commitment within FOU Zone “B” Kaduna.

It was reported that until his redeployment, Shuaibu was the Comptroller, Ogun I Area Command, Idi-Iroko. 

Continue Reading

Advertisement

Editor’s Pick

Politics