Connect with us

Telecom

Globacom@19: Celebrating An Indigenous African Brand

Published

on

Eid-El-Kabir: Glo Felicitates With Muslims

…Adenuga symbolises the African enterprising spirit of passion, unalloyed commitment, resilience, and hard work

By Lanre Alfred

A lot has changed in the telecoms industry since Globacom was birthed in 2003. As it counts down to its 19th anniversary in a few days, the company and its founder, Dr. Mike Adenuga, Jnr, can look back on their chequered and storied journey and give themselves a robust pat on the back. 

Indeed, few magnates refine the merchant tropes of endeavor, like Dr. Mike Adenuga Jnr. Through grit and hard work, he built his octopoidal conglomerate that employs thousands of Nigerians nay Africans in profitable, futuristic endeavors. If Adenuga’s story reads like a business legend, it is probably because he has always been an enterprise stylist. 

Adept at combining grit with desire, his life espouses crucial entrepreneurial anecdotes by its metaphor-rich manifestations of his hard work.

At work and at play, Adenuga shifts gear seamlessly between the whimsical and the earnest, demonstrating time and over again his ability to tame challenges and ride out storms – without falling prey to Scylla and Charybdis of cynicism and failure. All in pursuit of glory. 

He symbolises the African enterprising spirit of passion, unalloyed commitment, resilience, and hard work. Thus he is today one of the most recognisable names on the African continent; sitting atop what is arguably one of the continent’s largest business empires.

When It All Began: Age 19 is not a landmark anniversary that calls for a rousing celebration. It is, however, for Globacom, Nigeria’s first indigenous telecommunications network, a resounding testament and poignant reminder of its sheer survival skills, tenacity, innovativeness, and resilience in the treacherous Nigerian economy. The company and its founder, Adenuga, have survived several tempests and trials – a hostile economy, harsh government policies, and deliberate witch-hunt, among others – to remain a formidable telecommunications provider. 

In the beginning, MTN and Econet Wireless (now known as Airtel) were owned by South African and Zimbabwean businessmen respectively, with vast capital bases. They had operated for two years before Globacom launched, meaning that they had a head start and presumably had already consolidated their hold on the Nigerian market. Then, it was prestigious and elitist to own a mobile phone because a SIM card cost as much as N40,000 while calls were charged at N50 per minute irrespective of the number of seconds the call lasted. The incidence of call-drop was equally very high. 

Nigerians were at the mercy of the operators. Not even the government could come to the rescue of its people. To compound the predicament of phone users, the promoters of MTN and Econet told Nigerians with stone-cold remorselessness that Per Second Billing, which was the norm in other countries of the world, was not feasible in Nigeria. They had a field day milking Nigerians. More so, there was no competition. What could have passed as the competition was the federal government-owned MTEL, which would soon gurgle and burp to its demise. 

Breaking New Grounds in Mobile Telephony: Adenuga had declared then that the vision of Globacom is to build the biggest and best network in Africa. The company launched with all guns blazing. Soon, Globacom crashed the price of SIM cards – selling at N500. Nigerians were stupefied; oblivious that there was more where that came from. Then, it introduced the Per Second Billing, which MTN and Econet had claimed was impossible for the Nigerian market. This move by Globacom would force the other telecom operators to also introduce the PSB. Consequently, this began the revolution that made mobile telephony not just an exclusive preserve of the privileged and well-heeled but, a necessity for Nigerians of all ages from the North to the South and everywhere in between. Globacom, a Proudly Nigerian company with the well-being of Nigerians as the core of its business principle, had come to stay.

From its early days, Globacom had always defied market odds to delight Nigerians. The company launched a slew of futuristic products and services such as being the first to offer 2.5G when others were on 2G, MMS, international SMS connectivity to over 804 networks in 174 countries, BlackBerry solutions, international prepaid roaming, voice SMS, personal ringback tunes, and Magicplus. 

In 2010, the company stupefied Africa when it launched the Glo 1 submarine cable, a 9,800km cable stretching from the UK across West Africa with landing points in Nigeria, London, and Lisbon, and connecting different countries to the rest of the world. It was launched to provide tonnes of terabytes of data per second to West Africa and many European cities. In addition to boosting the provision of services to telecom end-users, the facility is currently providing much-needed connectivity to vital sectors of the economy such as oil and gas, manufacturing, banking, commerce, education, and health among others. 

In recent years, Globacom has played a major role in the country’s march to a digital future by introducing a range of customized and community-driven voice and data connectivity solutions that help to manage complex networking systems. Globacom also provides secured as well as verticalized IT solutions such as E-Health, Smart Cognitive Learning, Smart Energy, Industrial IoT, and Cloud Applications. 

These solutions are particularly useful for collaborations, device management, workgroup storage, and information security among others. Its fixed connectivity and voice products such as Boost and Next Generation Bandwidth-on-Demand connectivity, SIP-based voice trunk, and telephony, further enhance the company’s capacity to deliver advanced connectivity and fixed voice solutions to medium and large enterprises, large wholesale carriers, and ISPs in Nigeria and Africa. 

In the last two years, Globacom has been carrying out an aggressive roll-out of network equipment and upgrade of its sites to 4G-LTE. This is intended to offer a high-speed and quality data experience to millions of Nigerians on the Glo network. The process covers the entire scope of telecoms infrastructure upgrade from the core network to access network, transmission and IP network, fibre network metro access and backbone infrastructure, and passive equipment expansion like power and environment. 

It also involves the rollout of new sites to increase network coverage in areas that need improvement and to also densify and ease off already congested areas. This ultimately improves customers’ network experience and satisfaction in terms of service delivery, network quality, and coverage.

Upon completion of these projects, Globacom will have enhanced capacity to continue to provide world-class and high-grade voice, data, and VAS services to its teeming customers in Nigeria as well as its numerous roaming customers in-bound Nigeria and out-bound in other countries.

How Glo Shapes Life with Powerful, Anecdotal Commercials: Globacom doesn’t just churn out television commercials to promote its brand and services; the telecoms giant ensures to produce inspiring and ingenious TVCs that portray and project Nigerians and Africans in good light and spur them to achieve their dreams. This has been done again with four new commercials.

Like Mozart’s peerless genius in classical music, Globacom is a leader by streets in setting the pace in producing inspiring and ingenious commercials that have become the high watermark by which other telecom operators are rated. Over the years, Globacom has, indeed, perfected the art of projecting the image of Nigeria and Africa, stoking the patriotic fire in citizens and motivating its teeming youth to reach beyond the stratosphere.  

Globacom’s Investment in the Arts: The chairman’s love for the arts is intrinsic and invaluable. Perhaps after his passion for business, making money, and philanthropy, appreciation of the arts is next in line. The entertainment industry has featured prominently in Globacom’s Corporate Social Investment (CSI) initiatives on account of Adenuga’s passion for the industry. 

Aside from direct financial commitments including massive sponsorships, Globacom currently retains the largest number of key players in the entertainment industry as brand ambassadors while upholding that by actively engaging these key entertainment drivers, they, in turn, can help to grow the sector and the economy. Many entertainers, both established and unheralded, have been blessed immeasurably by this love and patronage. 

The Alliance Française, committed to promoting French culture and teaching French as a second language around the world, now has a more befitting building in a choice area of Lagos thanks to the Globacom boss. Since it was declared open to the public in April 2018, the centre, aptly named the Mike Adenuga Centre, has been commanding commendations from far and near; from art aficionados and artists and preeminent Nigerians.

Adenuga loves a good laugh and he loves to share happiness, which is why he has supported and sponsored many comedy shows ranging from Glo Lafta Fest, regarded as the biggest music, dance, and comedy event in Nigeria, which brings top-rated African comedians like Bovi, Salvador of Uganda, Basket Mouth, Gordons, I Go, Dye, 2Cantok, Seyi Law and others together in one place for an evening of unlimited fun and laughter; Glo Slide and Bounce, traveling music and dance show; and the Bovi man on Fire Lagos and Warri editions, among others. 

Since it began operations in 2003, Globacom has made home-grown stars from the entertainment industry the faces (ambassadors) of its brand while making them worth their popularity in affluence and influence. At a time when entertainers were being paid peanuts for their artistry, Globacom upped the ante, dishing out millions of naira to their ambassadors, and helping them to live the life they only see in the movies or on MTV. 

It had also provided massive platforms for Nigerian nay African entertainers to practice their trade through direct sponsorship of concerts such as Glo Campus Storm, Glo Rock ‘n’ Rule’; Glo Slide ‘n’ Bounce; Glo Laffta Fest; Glo Mega Music Nationwide Tour, Dance with Peter, Glo X-Factor, Glo Naija Sings and the popular sit-com, Professor Johnbull. The Glo Battle of the Year Nigeria, the world’s biggest dance reality television show brought to Nigeria by Globacom. 

Like Entertainment, Like Sports: Like entertainment, sports also rank very high on the Corporate Social Responsibility activities and investments of Globacom. Over a decade ago, it took over the full sponsorship of the CAF African Footballer of the Year awards. Around the same time, the telecoms giant signed a sponsorship agreement with the Nigeria Football Federation thus becoming the official telecommunications partner and major sponsor of Nigerian national teams. Alongside this, it sponsors the Supporters’ Club in any part of the world where any of Nigeria’s national teams is competing. 

Telecom

NCC, NLRC Inaugurate Committee To Strengthen Consumer Protection

Published

on

NCC, NLRC Inaugurate Committee To Strengthen Consumer Protection

Olushola Okunlade Writes

The Nigerian Communications Commission (NCC) and the National Lottery Regulatory Commission (NLRC) on Thursday in Abuja set up a committee to work toward the protection of the interest of telecom consumers against malpractices that may attend mobile lotteries in the country.

The Committee, which was inaugurated at the NCC Head Office in Abuja, was tasked with the responsibility of articulating measures to address mutual regulatory issues, including the review of revenue-sharing formula between Mobile Network Operators (MNOs) and lottery operators.

The NCC’s Executive Commissioner, Stakeholder Management (ECSM), Barrister Adeleke Adewolu, who presided at the meeting comprising senior staff of the two agencies, recalled fondly previous engagements between the agencies and stated that the committee was important in order to review and update an NCC-NLRC Memorandum of Understanding (MoU), which was signed on the 6th of August 2018 but has now expired.

Left-Right: Banji Ojo, Head, Consumer Policy Development and Monitoring, Nigerian Communications Commission (NCC); Olayemi Ajayi, Director, Legal Services, National Lottery Regulatory Commission (NLRC); Adeleke Adewolu, Executive Commissioner, Stakeholder Management, NCC; Chizua Whyte, Head, Operator Relation and Correspondence, NCC and Obi Iregbu, Deputy Director, Licensing and Regulatory Services, NLRC, at the inauguration of a joint-committee to review existing Memorandum of Understating (MoU) between the two agencies in Abuja recently (September 29, 2022).

The ECSM said the Commission is committed to regulatory collaboration and strategic partnerships and has carefully reviewed NLRC’s requests and is convinced that both organisations can conclusively address issues and other concerns that have been identified in the operation of lotteries in the telecom industry.

In 2019, the Southern Swamp Associated Gas Solutions project was commissioned, and the SPDC JV is planning to reduce associated gas flaring further through its Forcados Yokri gas-gathering project, of which large parts are set to be completed in 2022. Despite such efforts to reduce continuous flaring, unfortunately flaring intensity (the amount of gas flared for every tonne of oil and gas produced) at both SPDC- and SNEPCo-operated facilities increased in 2021 owing to short-term operational issues. Flaring from SPDC-operated facilities increased by around 5% in 2021 compared with 2020. The increase was primarily because of the extended outage of the gas compression system in SPDC’s shallow-water operations. The system was restored and became operational from January 2022. Flaring at SNEPCo-operated facilities rose by around 160% in 2021 compared with 2020. This was mainly because of an increase in flaring on the Bonga floating production, storage and offloading (FPSO) vessel. Repairs to a flex-joint on the Bonga FPSO’s gas export riser in the second quarter took longer than expected, in part because of weather conditions. While repairs were under way, the FPSO continued to produce oil and therefore flaring was necessary for safety reasons. The repairs were safely concluded in July 2021. Although flaring intensity levels rose in 2021, SPDC and SNEPCo over the last 10 years have almost halved the combined amount of hydrocarbons they flare from 1.5 million tonnes in 2012 to 0.8 million tonnes in 2021. This reduction is the result of a strict flaring reduction management process and both SPDC and SNEPCo will continue to work in close collaboration with joint-venture partners and the government to make progress towards ending routine flaring of associated gas. NIGERIA LNG EXPANSION UNDERWAY Global demand for LNG continues to grow as the world increasingly seeks reliable supplies of lowercarbon energy. Shell’s investment in Nigeria’s gas infrastructure for export is expected to help 6 This is according to a data provided by global research and consultancy business Wood Mackenzie. the country benefit further from revenues. Shell Gas B.V. and its partners took a final investment decision in 2020 on a new LNG processing unit – known as Train 7 -- at NLNG. The expansion is expected to create around 12,000 jobs for Nigerians during construction and stimulate growth of the local oil and gas service sector, with 55% of engineering and procurement of goods and services being sourced in-country. Train 7 is expected to ensure Nigeria’s continued place as a global player in a lower-carbon energy source. Once operational, Train 7 will add around 8 million tonnes per annum of capacity to the Bonny Island LNG facility, taking the total production to around 30 million tonnes per annum. In 2021, NLNG began awarding procurement and construction contracts. Early works started at the site. The first phase of the worker village is expected to be ready for occupancy in 2022 and the new material offloading facility ready for use by the end of 2022. NLNG’s Train 7 is expected to come onstream in the middle of the 2020s. KEY LICENCE RENEWED FOR DEEP-WATER SNEPCo has interests in four deep-water blocks in the Gulf of Guinea, two of which it operates. Today, nearly one-third of Nigeria’s deep-water oil and gas production comes from the Bonga and the nonoperated Erha fields.6 Since production began in 2005, Bonga alone has produced more than 950 million barrels of oil with the 2021 average oil production per day at 105,000 barrels. The Bonga FPSO vessel has a total production capacity of 225,000 barrels of oil per day and 150 standard cubic feet of gas export per day. In 2021, the availability of the FPSO vessel increased to 80% from 70% in 2020. In addition to Bonga, SNEPCo’s exploration activities have led to several significant discoveries of oil and gas over the last two decades, including the Bolia and Doro fields (Shell interest 55%). Nigeria Briefing Notes Helping to power Nigeria’s economy 13 In the right investment climate, SNEPCo believes that there are opportunities to expand. In 2021 the OML 118 (Bonga) production sharing contract was renewed and the lease extended for 20 years. Bonga North and Bonga South West Aparo (BSWA) oil fields are two such potential opportunities. Bonga North is a proposed tie-back project to the existing Bonga FPSO with Phase 1 comprising 14 wells. BSWA is a development of a new FPSO with Phase 1 comprising 23 wells. SUPPORTING RENEWABLE ENERGY STARTUPS Millions of Nigerians are excluded from the country’s power grid and Shell Companies in Nigeria have established and provided substantial funding for a not-for-profit, impact-investing company called All On. Operating as an independent company, All On works to bring reliable electricity – often from renewable energy sources -- to off-grid urban and rural customers. This support aims to build a solid pipeline of viable businesses that can create the scale required to address Nigeria’s access to energy gap. In December 2019, SPDC and SNEPCo made a significant additional 10-year financing commitment of $160 million in All On, bringing the total commitment to $200 million. By the end of 2021, All On had provided investment capital to over 40 renewable energy start-ups in its portfolio – an increase of more than 30% from 2020. One such company is Infibranches Technologies Limited, to which All On has committed $2 million, which is expected to enable the indigenous technology company to expand sales of solar home systems via its more than 13,000 agent banking partners across Nigeria. With the support of the Rockefeller Foundation, the All On Hub was established in 2020 to provide nonfinancial support and build the capabilities of off-grid energy entrepreneurs. In 2021, the hub supported 81 ventures – nearly double the 41 supported in 2020. Also in 2021, All On, Odyssey Energy Solutions and the Global Energy Alliance for People and Planet launched a $10 million equipment financing facility as part of the DART pilot programme in Nigeria. 7 Hydraulic flying leads support the delivery of hydraulic fluid and/or chemicals between subsea equipment. 8 Subsea trees are an assembly of valves and other components used to monitor and control the production of a subsea well. DART will combine demand pooling, aggregated purchasing of solar equipment, and access to affordable finance to unlock economies of scale for solar companies, achieve cost savings for end-users, and accelerate the growth of the renewable energy sector in Nigeria and beyond. DEVELOPING LOCAL CONTENT AND SKILLS Shell Companies in Nigeria contribute to the growth of Nigerian businesses that can provide technical and support services to the industry. This includes the manufacture of tools and technical kits, the operation of helicopter flights in the Niger Delta, and strategic partnerships between foreign and local companies to stimulate technology transfer and capacity development. While there are government-required programmes in some areas, such as the Nigerian and Community Content Strategy embedded in the Assa North/Ohaji South gas development project, Shell Companies in Nigeria deliberately seek to contract local businesses wherever possible. In 2021, Shell Companies in Nigeria awarded $800 million worth of contracts to Nigerian-registered companies. Of these, 92% were companies with at least 51% Nigerian ownership. SNEPCo has awarded major engineering and construction contracts to companies that are indigenous, have local staff, or possess domestic capabilities in the country. At present, the manufacture and rebuild of hydraulic flying leads7 (HFLs) is being carried out in-country by wholly indigenous companies. Pressure Controls Systems Nigeria Limited, another Nigerian company, continues to refurbish old subsea trees.8 Sometimes, a lack of access to capital hinders Nigerian companies from competing for and executing contracts effectively. Shell Companies in Nigeria have provided access to nearly $1.6 billion in loans to 901 Nigerian vendors under the Shell Contractor Support Fund since 2012. These loans help improve their tendering opportunities.

“We expect that the Joint Committee of senior members of staff in both organisations will work closely to develop a collaborative framework to progressively improve gaming service delivery for telecoms consumers and further accelerate holistic development in Nigeria’s digital economy,” Adewolu stated.

In addition, the ECSM reiterated that the Committee is expected to articulate a new MoU to address issues around revenue sharing between MNOs and lottery operators, the need to review and recommend a workable model for addressing the needs of both organisations, and present informed recommendations to deepen regulatory collaboration between the two regulatory agencies.

“Given the strong professional pedigree of the members of this Joint Committee, I have no doubt that they will meet and even exceed the expectations of the Managements of both the NCC and the NLRC, and I wish you all success in this task,” Adewolu added.

Speaking on behalf of the Director-General, NLRC, Lanre Gbajabiamila, the Director, Legal Services, NLRC, Olayemi Ajayi, expressed her organisation’s commitment to improving revenue generation from the lottery industry while appreciating NCC for being receptive to inter-organisational collaborations.

Ajayi reiterated the need for renewal of the expired MoU with amendments to accommodate new provisions that will be favourable to stakeholders and fast-track the development of Nigeria’s digital economy.

Ajayi assured that “The NLRC is working tirelessly to ameliorate its functions and service delivery to stakeholders. Therefore, this renewed collaboration with NCC will help for better and efficient service delivery by both agencies.”

Continue Reading

Telecom

NCC-CSIRT Proffers Countermeasures Against Website Scams On Microsoft Edge Browser

Published

on

NCC Issues Final Letters Of Licence Awards To 5G Spectrum Winners

Olushola Okunlade Writes

The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has issued an advisory for users to install trusted, up-to-date anti-virus software with an Internet security component and to customize News Feed in Microsoft Edge Browser. 

This is part of the countermeasures to lessen the chances of falling for a malicious attack that has been discovered in the browser.

The NCC-CSIRT further advised users of the browser to practice safe Internet browsing habits and to refrain from clicking on links they are unsure of in the face of a malicious attack that has been rated as high in probability and potential damage to systems.

The advisory stated that the malicious advertising campaign, unearthed on the Microsoft Edge Browser News Feed, redirects victims to fraudulent tech support websites and that cybercriminals have resorted to posting bizarre, attention-grabbing stories or advertisements on the Edge news feed to entice users to click on them. The malicious advertisements appear legitimate but contain malware and/or other threats.

According to the advisory, “The Microsoft Edge News Feed is the default page that appears when a new tab is opened, and it displays information such as news, advertisements, weather, and traffic updates. Also, the following are the steps that result in being redirected to a bogus tech support page: The user clicks on a story or advertisement, and the Edge browser setting is analysed for various metrics.”

Based on the aforementioned metrics and prior results, the advisory said “if the user is adjudged to be a bot or in a location that is not of interest, the user is redirected to a harmless dummy page that is relevant to the story or advertisement initially clicked on; However, if the user has adjudged a potential victim, then the user is redirected to a tech support scam website for further exploitation.”

Victims of the tech support website scam could have their Personally Identifiable Information (PII) and other data harvested or they could be with malware.

The NCC, therefore, urges telecom consumers and other stakeholders in the ecosystem to install up-to-date AntiVirus software and be alert to the wiles of cyber criminals in order not to fall victim to cyber scams.

The CSIRT is the telecom sector’s cyber security incidence centre set up by the NCC to focus on incidents in the telecom sector and as they may affect telecom consumers and citizens at large.

The CSIRT also works collaboratively with the Nigeria Computer Emergency Response Team (ngCERT), established by the Federal Government to reduce the volume of future computer risk incidents by preparing, protecting, and securing Nigerian cyberspace to forestall attacks, and problems or related events.

Continue Reading

Telecom

Zoom Users Advised To Update Software After Vulnerabilities Found

Published

on

NCC Issues Final Letters Of Licence Awards To 5G Spectrum Winners

Olushola Okunlade Writes

The Nigerian Communications Commission’s Computer Security Incident Response Team (NCC-CSIRT) has advised users of the video telephony platform, Zoom, to install the latest update of the software from its publisher’s official website following the discovery of vulnerabilities that allows a remote attacker to exploit the app.

In an advisory issued on Wednesday, NCC-CSIRT reported that the Indian Computer Emergency Response Team (CERT-In) found several flaws in Zoom products.

The video telephony platform became popular for virtual meetings in the wake of the COVID-19 Pandemic with more than 300 million daily users.

According to the NCC-CSIRT advisory, “A remote attacker could exploit the vulnerabilities to circumvent implemented security measures and cause a denial of service on the targeted machine.” 

It noted that “These vulnerabilities exist owing to incorrect access control implementation in Zoom On-Premises Meeting Connector MMR prior to version 4.8.20220815.130. A remote attacker could exploit these flaws to join a meeting they were not permitted to attend without being seen by the other attendees. They can also access audio and video feeds from meetings they were not permitted to attend, as well as interrupt other sessions.”

In 2019, the Southern Swamp Associated Gas Solutions project was commissioned, and the SPDC JV is planning to reduce associated gas flaring further through its Forcados Yokri gas-gathering project, of which large parts are set to be completed in 2022. Despite such efforts to reduce continuous flaring, unfortunately flaring intensity (the amount of gas flared for every tonne of oil and gas produced) at both SPDC- and SNEPCo-operated facilities increased in 2021 owing to short-term operational issues. Flaring from SPDC-operated facilities increased by around 5% in 2021 compared with 2020. The increase was primarily because of the extended outage of the gas compression system in SPDC’s shallow-water operations. The system was restored and became operational from January 2022. Flaring at SNEPCo-operated facilities rose by around 160% in 2021 compared with 2020. This was mainly because of an increase in flaring on the Bonga floating production, storage and offloading (FPSO) vessel. Repairs to a flex-joint on the Bonga FPSO’s gas export riser in the second quarter took longer than expected, in part because of weather conditions. While repairs were under way, the FPSO continued to produce oil and therefore flaring was necessary for safety reasons. The repairs were safely concluded in July 2021. Although flaring intensity levels rose in 2021, SPDC and SNEPCo over the last 10 years have almost halved the combined amount of hydrocarbons they flare from 1.5 million tonnes in 2012 to 0.8 million tonnes in 2021. This reduction is the result of a strict flaring reduction management process and both SPDC and SNEPCo will continue to work in close collaboration with joint-venture partners and the government to make progress towards ending routine flaring of associated gas. NIGERIA LNG EXPANSION UNDERWAY Global demand for LNG continues to grow as the world increasingly seeks reliable supplies of lowercarbon energy. Shell’s investment in Nigeria’s gas infrastructure for export is expected to help 6 This is according to a data provided by global research and consultancy business Wood Mackenzie. the country benefit further from revenues. Shell Gas B.V. and its partners took a final investment decision in 2020 on a new LNG processing unit – known as Train 7 -- at NLNG. The expansion is expected to create around 12,000 jobs for Nigerians during construction and stimulate growth of the local oil and gas service sector, with 55% of engineering and procurement of goods and services being sourced in-country. Train 7 is expected to ensure Nigeria’s continued place as a global player in a lower-carbon energy source. Once operational, Train 7 will add around 8 million tonnes per annum of capacity to the Bonny Island LNG facility, taking the total production to around 30 million tonnes per annum. In 2021, NLNG began awarding procurement and construction contracts. Early works started at the site. The first phase of the worker village is expected to be ready for occupancy in 2022 and the new material offloading facility ready for use by the end of 2022. NLNG’s Train 7 is expected to come onstream in the middle of the 2020s. KEY LICENCE RENEWED FOR DEEP-WATER SNEPCo has interests in four deep-water blocks in the Gulf of Guinea, two of which it operates. Today, nearly one-third of Nigeria’s deep-water oil and gas production comes from the Bonga and the nonoperated Erha fields.6 Since production began in 2005, Bonga alone has produced more than 950 million barrels of oil with the 2021 average oil production per day at 105,000 barrels. The Bonga FPSO vessel has a total production capacity of 225,000 barrels of oil per day and 150 standard cubic feet of gas export per day. In 2021, the availability of the FPSO vessel increased to 80% from 70% in 2020. In addition to Bonga, SNEPCo’s exploration activities have led to several significant discoveries of oil and gas over the last two decades, including the Bolia and Doro fields (Shell interest 55%). Nigeria Briefing Notes Helping to power Nigeria’s economy 13 In the right investment climate, SNEPCo believes that there are opportunities to expand. In 2021 the OML 118 (Bonga) production sharing contract was renewed and the lease extended for 20 years. Bonga North and Bonga South West Aparo (BSWA) oil fields are two such potential opportunities. Bonga North is a proposed tie-back project to the existing Bonga FPSO with Phase 1 comprising 14 wells. BSWA is a development of a new FPSO with Phase 1 comprising 23 wells. SUPPORTING RENEWABLE ENERGY STARTUPS Millions of Nigerians are excluded from the country’s power grid and Shell Companies in Nigeria have established and provided substantial funding for a not-for-profit, impact-investing company called All On. Operating as an independent company, All On works to bring reliable electricity – often from renewable energy sources -- to off-grid urban and rural customers. This support aims to build a solid pipeline of viable businesses that can create the scale required to address Nigeria’s access to energy gap. In December 2019, SPDC and SNEPCo made a significant additional 10-year financing commitment of $160 million in All On, bringing the total commitment to $200 million. By the end of 2021, All On had provided investment capital to over 40 renewable energy start-ups in its portfolio – an increase of more than 30% from 2020. One such company is Infibranches Technologies Limited, to which All On has committed $2 million, which is expected to enable the indigenous technology company to expand sales of solar home systems via its more than 13,000 agent banking partners across Nigeria. With the support of the Rockefeller Foundation, the All On Hub was established in 2020 to provide nonfinancial support and build the capabilities of off-grid energy entrepreneurs. In 2021, the hub supported 81 ventures – nearly double the 41 supported in 2020. Also in 2021, All On, Odyssey Energy Solutions and the Global Energy Alliance for People and Planet launched a $10 million equipment financing facility as part of the DART pilot programme in Nigeria. 7 Hydraulic flying leads support the delivery of hydraulic fluid and/or chemicals between subsea equipment. 8 Subsea trees are an assembly of valves and other components used to monitor and control the production of a subsea well. DART will combine demand pooling, aggregated purchasing of solar equipment, and access to affordable finance to unlock economies of scale for solar companies, achieve cost savings for end-users, and accelerate the growth of the renewable energy sector in Nigeria and beyond. DEVELOPING LOCAL CONTENT AND SKILLS Shell Companies in Nigeria contribute to the growth of Nigerian businesses that can provide technical and support services to the industry. This includes the manufacture of tools and technical kits, the operation of helicopter flights in the Niger Delta, and strategic partnerships between foreign and local companies to stimulate technology transfer and capacity development. While there are government-required programmes in some areas, such as the Nigerian and Community Content Strategy embedded in the Assa North/Ohaji South gas development project, Shell Companies in Nigeria deliberately seek to contract local businesses wherever possible. In 2021, Shell Companies in Nigeria awarded $800 million worth of contracts to Nigerian-registered companies. Of these, 92% were companies with at least 51% Nigerian ownership. SNEPCo has awarded major engineering and construction contracts to companies that are indigenous, have local staff, or possess domestic capabilities in the country. At present, the manufacture and rebuild of hydraulic flying leads7 (HFLs) is being carried out in-country by wholly indigenous companies. Pressure Controls Systems Nigeria Limited, another Nigerian company, continues to refurbish old subsea trees.8 Sometimes, a lack of access to capital hinders Nigerian companies from competing for and executing contracts effectively. Shell Companies in Nigeria have provided access to nearly $1.6 billion in loans to 901 Nigerian vendors under the Shell Contractor Support Fund since 2012. These loans help improve their tendering opportunities.

A successful exploit of these vulnerabilities could allow an unauthorized remote authenticated user to bypass implemented security limitations on the targeted system.

The Computer Security Incident Response Team (CSIRT) is the telecom sector’s cyber security incidence centre set up by the NCC to focus on incidents in the telecom sector and as they may affect telecom consumers and citizens at large. The CSIRT also works collaboratively with the Nigeria Computer Emergency Response Team (ngCERT), established by the Federal Government to reduce the volume of future computer risk incidents by preparing, protecting, and securing Nigerian cyberspace to forestall attacks, and problems or related events.

Continue Reading

Trending