News
SPDC JV Collaborates with PETAN, Foreign Manufacturers on Nigerian Content

The development of indigenous manpower for the oil and gas industry received a boost last Friday as 40 engineering and geosciences graduates passed out from a one-year internship programme organised by the Shell Petroleum Development Company of Nigeria (SPDC) operated Joint Venture and Petroleum Technology Association of Nigeria (PETAN), a group of indigenous oilfield service companies.
The milestone occurred on the same day that SPDC JV performed the ground-breaking ceremony of its Original Equipment Manufacturers (OEM) domestication initiative, whereby the manufacturers and their Nigerian partners have been allocated land to set up local assembly plants and service centres at the Shell Industrial Area in Port Harcourt.
The internship programme introduced by SPDC JV in 2014 to support manpower development in critical disciplines equips graduates with vital industry experience for employment and continues with another batch of 40 graduates who are now attached to 20 PETAN companies.
In an address at the ceremony, Mr. Osagie Okunbor, managing director of the SPDC and country chair, Shell Companies in Nigeria, said: “I’m pleased at the successful completion of the programme by the first batch of 40 graduates who worked with 12 PETAN member companies. I’m even more pleased that, as envisaged, a number of them have been employed by the partner companies and others.” The MD was represented by SPDC’s General Manager, Projects, Toyin Olagunju.
Guy Kent, senior procurement manager, Shell Upstream Nigeria said: “We are committed to developing Nigerian capability not because it feels good, but because it also makes good business sense. The partnership with PETAN is about giving the right people the chance to learn and actually start to contribute to the industry. It is the first rung of the ladder of development.”
Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) represented by the Deputy Manager Human Capital Development, Mrs Michele Aiyegbusi, commended the SPDC JV for the internship initiative. She said: ‘What we see here today is the sort of thing that NCDMB will want to see in the industry—the collaboration between the operators and the service providers. NCDMB also runs an internship programme specifically in the earth sciences.”
Meanwhile, three foreign equipment manufacturers and their Nigerian partners participated in the ground-breaking ceremony. In 2012, SPDC entered into an agreement with the original equipment manufacturers and their Nigerian partners. Subsequently, land was allocated to them at the Shell Industrial Area in Port Harcourt. The ground-breaking ceremony marks site readiness and construction of the first three assembly and service facilities for valves, low voltage electrical panels, switch gears and instrumentation equipment.
“The ground-breaking ceremony is a significant head start towards the development of mini industrial parks,” said Mr. Okunbor at the ceremony. “It is a major milestone in our aspiration to domesticate our sources of supply as part of our Nigerian content journey to keep them closer to our operations and benefit from the shorter supply chain.”
Mr. Denzil Kentebe, executive secretary, NCDMB said: “SPDC was one of the first stakeholders to obtain approved from the Board for the OEM domestication programme. The vision ties into a similar plan by NCDMB to establish industrial packs in Yenagoa, Owerri and Calabar.”
Mr. Chiedu Oba, general manager, Nigerian Content Development of SPDC, in his remarks described the internship and the OEM domestication initiatives as a demonstration of “the long term commitment of Shell Companies in Nigeria to Nigerian content development. It is a key sourcing principle that is woven into the fabric of our business”.
News
UK Appoints Peter Vowles as British High Commissioner to Nigeria

The UK Government has announced the appointment of Mr Peter Vowles as the next British High Commissioner to the Federal Republic of Nigeria.

Mr Vowles succeeds Dr Richard Montgomery CMG and is expected to take up his post in Abuja in September 2026. Dr Montgomery remains in post until that time.
Mr Vowles brings extensive diplomatic and development experience to the role, having served as His Majesty’s Ambassador to Zimbabwe from 2023 to 2026 and previously as Ambassador to Myanmar from 2021 to 2022.
He has held senior leadership positions across the FCDO and its predecessor department DFID, including as Transformation Director and Director for Asia, Caribbean and Overseas Territories.
Earlier in his career, Mr Vowles worked in international development across South Asia, Central Africa and East Africa, including postings in Bangladesh, India, the Democratic Republic of Congo and Kenya. He began his career in Zimbabwe, where he worked in education and development.
Peter Vowles said: “I am honoured to be appointed as British High Commissioner to Nigeria. Nigeria is a country of immense importance to the United Kingdom, and I look forward to working closely with Nigerian partners to strengthen our relationship across trade, development and security.”
News
Nigeria’s Apapa, Tin Can Ports Make Global Top 20 Improvement List

World Bank has ranked the Apapa and Tin Can Island Port complexes in Lagos among the world’s 20 most improved ports in its 2025 Container Port Performance Index (CPPI), released in June 2026.

The ranking places both ports in the “Top 20 Port Improvement Since 2020” category, reflecting significant gains in operational efficiency and vessel turnaround time.
The CPPI is a global benchmark used to assess the efficiency of container ports based on factors such as cargo handling speed, ship turnaround time and overall logistics performance.
According to the report, the improvement highlights ongoing reforms and modernization efforts within Nigeria’s maritime sector.
The Managing Director of the Nigerian Ports Authority (NPA), Mr Abubakar Dantsoho, attributed the recognition to ongoing policy reforms and infrastructure upgrades in the sector.
He said the development reflects the impact of economic policies of President Bola Tinubu and the support of the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola.
“With the investor-friendly policies of President Bola Ahmed Tinubu providing the impetus for increased investment to drive our port infrastructure and equipment modernisation programme, coupled with the unflinching support of the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, we have all it takes to further enhance trade facilitation, improve competitiveness and boost the national economy,” he said.
The NPA said the recognition is expected to strengthen investor confidence in Nigeria’s maritime sector and enhance the country’s position as a regional trade and logistics hub.
It noted that improvements in port operations are already contributing to increased efficiency in cargo movement and reduced delays at key terminals.
The authority also pointed to ongoing efforts to modernise port infrastructure and expand digital systems aimed at improving service delivery.
Earlier in February 2026, the NPA said the federal government had intensified efforts to position Nigeria as a leading maritime destination through port rehabilitation and modernization projects.
It also highlighted public-private partnership initiatives, including developments at the Lekki Deep Sea Port, as part of broader reforms aimed at improving efficiency and attracting investment.
The CPPI ranking is expected to further boost Nigeria’s maritime profile and encourage additional investment in the sector.
News
PalmPay Joins Industry Leaders @ Digital Pay Expo 2026

As digital payment adoption continues to grow across Nigeria and emerging markets, the next phase will depend not just on innovation, but on the strength, reliability, and trustworthiness of the infrastructure behind it.

While the ecosystem has made clear progress in recent years, trust remains a critical issue for users, businesses, and operators alike. Questions around resilience, security, interoperability and transaction reliability continue to shape how the market evolves and how confidently digital payments can scale.
These issues will be central to the deliberations at Digital Pay Expo 2026, where fintech leaders, payment operators, and other ecosystem stakeholders will gather under the theme, “Seamless Digital: Fostering Pan-African Market Expansion in the Era of AI.”
PalmPay’s participation reflects its continued commitment to building trusted and scalable payment infrastructure, while contributing to the broader industry efforts to strengthen systems, standards, and partnerships needed to support long-term ecosystem growth.
Speaking ahead of the event, Olorunfemi Hanson, Head of Marketing and Communications at PalmPay Nigeria, said: “As the financial services ecosystem continues to grow, trust and reliability become even more important.
“The industry’s next phase will be shaped not only by innovation, but by the strength of the infrastructure supporting it. Digital Pay Expo provides an important platform to address the resilience, interoperability, and trust issues that will shape the future of digital payments growth across Africa.”
The event, scheduled to be held from the 17th to the 18th of June, 2026, will feature Chika Nwosu, Managing Director of PalmPay Nigeria, alongside other distinguished guests, including the Director-General, Payment System Management Department (PSMD), Central Bank of Nigeria. The event will examine how the industry can balance innovation, regulation, and scalability while strengthening trust across the digital payments value chain.
For PalmPay, this event reinforces its role in supporting a more resilient, secure and scalable payments ecosystem for Nigeria and emerging markets more broadly.
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