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2023 : ‘For presiding over the ongoing illegality in NDDC, Akpabio is not fit to be president’, Niger Delta region
Controversial Minister of Niger Delta Affairs, Chief Godswill Akpabio , last Wednesday joined the long list of aspirants seeking the ticket of the All Progressive Congress (APC) to contest for President of Nigeria.
Hardly had his motley crowd departed the Ikot Ekpene stadium venue of his declaration than the Niger Delta region literally went up in outrage at the Minister’s affront to vie for higher office in the face of what they describe as his “desecration” of the region’s foremost interventionist agency, NDDC, administering the Commission since October 2019 with Interim Managements/Sole Administrator contraptions which were not appointed according to the NDDC Act establishing the Commission.
The people of the Niger Delta region, and indeed all well-meaning Nigerians are understandably scandalised and outraged at Akpabio’s egregious and repulsive audacity to seek to aspire to the highest office in the land after he has spent the nearly three years of his tenure at the Ministry of Niger Delta Affairs to spearhead, supervise, and superintend the running of the region’s foremost interventionist agency, NDDC in the breach of its establishment Act of 2000, administering the Commission since October 2019 with Interim Managements/Sole Administrator contraptions which were not appointed according to the statutes establishing the federal agency. It is the longest breach of the law governing the operation of the commission since its establishment in 2000.
The media had variously reported, and Senator Akpabio is yet to deny it that he (Akpabio), as supervising Minister of the NDDC, through an official memo in 2019 recommended the suspension of the inauguration of the substantive Board, which President Buhari had appointed, and which was confirmed by the Senate in November of 2019.
It was also reported in the media that the Minister recommended to President Buhari the running of NDDC with illegal interim managements/sole administrator contraptions until the completion of the forensic audit. These recommendations are contrary to the provisions of NDDC Act. The illegal interim managements/sole administrator contraptions have been administering NDDC since October 2019, in contravention of the law, and negates fair and equitable representation which a board guarantees and which ensures proper governance, accountability, equity and fairness to the nine constituent states.
As clearly stated in The NDDC Act, it only provides that the Board and Management (Managing Director and two Executive Directors) of the NDDC at any point in time should follow the provisions of the law which states that the Board and management is to be appointed by the President, subject to confirmation by the Senate. In effect, nobody is supposed to begin to administer the NDDC and utilise the huge funds accruing to it on a monthly basis without passing through this legal requirement as stipulated in the NDDC Act. To the detriment of the entire region, Senator Akpabio has been using these illegal interim contraptions/sole administrator to fleece the NDDC of its funds in the last two and half years.
In two scathing editorials in the first quarter of this year, “The Merry-Go-Round In NDDC” published on January 12, and “NDDC And The Anti-Graft Hoax” published on February 23, ThisDay newspaper emphatically stated that “The Niger Delta Development Commission (NDDC) is becoming an object of jokes among critical stakeholders. Almost six months after the submission of the report of its much-touted forensic report, the federal government has not been able to implement any of the recommendations or appoint a substantive board to allow the commission function effectively as stipulated by law. All that Nigerians are regaled with are tales and empty presidential threats while the Minister of Niger Delta, Godswill Akpabio continues to run the commission with some nebulous interim management committees that are unknown to law.” The paper also affirmed that “Despite the agitations of critical stakeholders, the commission also remains without a substantive board. The minister of Niger Delta, Godswill Akpabio prefers to treat affairs of the NDDC more like a private estate by saddling the commission with cronies.”
Matter of fact, in October last year, Arewa leader in the South, Alhaji Musa Saidu had called on those urging Senator Godswill Akpabio to run for the 2023 presidency to thread with caution, noting that people of the Niger Delta region are bitter with the Minister over the delay in inaugurating the board of the Niger Delta Development Commission, NDDC.
Alhaji Saidu said who will become President come 2023 is of great importance to all Nigerians, adding that as the leader of the north in the South he would advise the north rightly on the feelings of people of the South on presidential aspirants from the Niger Delta region.
The employment of deceit, propaganda and lies by the Minister of Niger Delta Affairs in perpetuating the capture of the NDDC for selfish parochial interests is rather intriguing. When inaugurating the first illegal Interim Management Committee (IMC) in October 2019, the Minister of Niger Delta Affairs, Chief Godswill Akpabio, said the committee would stay in office for six months to ‘supervise the forensic audit.’ Then in January 2021 Akpabio re-stated that the forensic audit of the Niger Delta Development Commission would be concluded and the report submitted before April 2021.
But in February 2020, Senator Akpabio sacked his first IMC Acting Managing Director Ms Joi Nunieh and appointed a new Acting Managing Director, Professor Kemebradikumo Pondei who was his classmate at FGC Port Harcourt, and extended the stay of the IMC to December 2020, by which time he said the audit will be concluded and the Board put in place. Just when that was drawing near, he sacked the Interim Management Committee and appointed his personal aide, Mr Effiong Okon Akwa, as Interim Sole Administrator “to assume headship till completion of the forensic audit,” with a promised forensic audit completion date of March 2021. That again proved to be a lie as the so-called audit was only completed in August and the report of the audit was submitted to President Buhari by Chief Akpabio on September 2, 2021, yet Okon Akwa is still in office as sole administrator.
In fact, in furtherance of that lie, Akpabio, who has been under fire for how he has manipulated the capture of the NDDC, had assured Niger Deltans that the board will be put in place by the end of July 2021. That promise was, again, not fulfilled.
Unfortunately there has been unending irregularities and lack of due process in NDDC since October 2019 when the illegal interim managements/sole administrator contraptions have been administering the Commission in flagrant violation of the NDDC Act of 2000.
Under the illegal interim managements/sole administrator contraptions, the combined two-year budgets for 2019 and 2020, as approved by the National Assembly was N799 Billion. Yet, as pointed out by Professor Benjamin Okaba, President of Ijaw National Congress (INC), under the interim management/sole administrator contraptions, “over N600bn payments have been made for emergency contracts; over 1,000 persons have been allegedly employed in the NDDC between January and July, 2020 without due process; the 2020 budget was passed in December and N400bn was voted for the NDDC but the commission had spent over N190bn before the budget was passed, thereby violating the Procurement Act.”
It is also important to recall the Senate probe of NDDC in June/July of 2020 which revealed how the NDDC Interim Management Committee (IMC) blew N81.5 billion in just a couple of months on fictitious contracts, frivolities, and in breach of extant financial and public procurement laws. The Senate therefore passed a resolution recommending that the IMC should refund the sum of N4.923 Billion to the Federation Account, and that the IMC should be disbanded, while the substantive board should be inaugurated to manage the Commission in accordance with the law.
At the November 2021 protest by the Association of Contractors of the Niger Delta Development Commission (ACNDDC) who picketed the NDDC Head office in Port Harcourt, Chairman of ACNDDC, Joe Adia stated that “presently huge monies come into the Commission every month and the next thing we hear is that the money is finished. Who are you paying? Give us a record of the people you are paying. How can you pay N800 million each for so-called desilting jobs and yet contractors being owed N5 million you have refused to pay?
Also, earlier in the year, the media was awash with the doubly-restated scandal involving the illegal sole administrator contraption in the Niger Delta Development Commission (NDDC). According to some national newspapers, and many online platforms, in a story entitled “NDDC: IYC Alleges Illegal N20bn Payment To Ghost Contractors Over Phantom Job,” published on February 18, 2022, the Ijaw Youth Council (IYC) alleged that illegal N20bn payment was made to ghost contractors over phantom jobs.
In the reports, IYC alleged that the Minister of Niger Delta Affairs, Godswill Akpabio, “in connivance with some persons, paid the sum of N20 billion to ghost contractors for phony distilling contracts purportedly awarded by the Niger Delta Development Commission (NDDC).”
The council further alleged that “information at its disposal showed that the signatures of a former acting Managing Director of the NDDC, Professor Nelson Brambaifa, and the commission’s former executive director (projects), Samuel Ajogbe, were allegedly forged to carry out the sleazy process.”
A spokesman for the IYC, Ebilade Ekerefe, who spoke in Yenagoa alleged that the “phantom NDDC contractors were paid in tranches of between N300 million and N400 million in the last three months, amounting to N20 billion.”
He urged the Economic and Financial Crimes Commission (EFCC) to launch an investigation into the alleged huge payment to the ghost contractors.
He said, “They should investigate the financial transaction of the commission in the months under review. We have also discovered that out of the N20billion paid out illegally by the NDDC, 60 per cent is going to Abuja through the Bureau de Change while he (Akpabio) has failed to pay the genuine contractors that have finished the projects awarded by the commission.”
Senator Akpabio, by his numerous illegal actions in the NDDC in the last two and half years has been de-marketing the APC under whose platform he now seeks to aspire to become the nation’s President. In an article, “NDDC: Buhari’s Legacy of Illegality and Contempt,” by Godspower Tamunosusi, published in a national daily on December 13, 2021 and in many other national newspapers, he stated that “Niger Deltans are very upset with the disdainful manner the region has been treated.” He also noted that there is increasing anger against Akpabio and the APC in the Niger Delta region “as a result of the very poor, biased, illegal and provocative actions of the Federal Government in the handling of matters concerning the NDDC and the Niger Delta region.”
Further checks on what the Minister has said in the past two and half years firmly show a pattern of lies and deceit employed by Senator Akpabio to perpetrate the ongoing illegality of administering NDDC with interim managements/sole administrator contraptions.
On January 6 2021, Senator Godswill Akpabio, had stated that a substantive board of the Niger Delta Development Commission (NDDC) will be inaugurated by April 2021 after the forensic audit of the commission. Akpabio stated this in Abuja while receiving the interim report of the commission from the forensic auditors. Said he, “By April this year, when we are done with the forensic audit, we will inaugurate a board for the Commission and the report of the forensic audit will be given to those agitating for it so that we can have a new management.”
On the 4th of June 2021, following the ultimatum by Niger Delta militants including Government Ekpemupolo (alias Tompolo), Niger Delta Affairs Minister, Godswill Akpabio stated that the process of inaugurating the NDDC Board starts with him as the supervising Minister and that he would fast-track the process of inaugurating the substantive Niger Delta Development Commission (NDDC) board. He stated this after an emergency consultative visit to Oporoza, headquarters of Gbaramatu Kingdom in Warri Southwest of Delta State. Traditional rulers from Bayelsa, Edo and Ondo states joined the Pere of Gbaramatu kingdom in Delta state as part of the consultative meeting.
The minister, at the consultative meeting said: “There is a process and that process starts with me as the Minister of Niger Delta. The major thing is that we have committed to work together to make sure that we give what the people want. We have agreed that government through me, through my office will work very hard to fast-track the process. The consensus of stakeholders is that there is a need for more representation in the NDDC and so a board is needed”.
Also on June 29 2021, The Minister, who spoke while appearing on a live Radio Nigeria Audience participatory programme organized as part of the activities marking the second term of the Buhari Administration at the Radio House in Abuja stated that the “recommendations and outcome of the forensic audit of the activities of Niger Delta Development Commission, NDDC, would be implemented by the board to be inaugurated soon.”
The following day, June 30, Senator Godswill Akpabio, who fielded questions from State House correspondents at the Presidential Villa, Abuja said that action had been expedited on the process of inauguration of the board of NDDC.
In continuation of a pattern of lies and deceit employed by Senator Akpabio to perpetrate the ongoing illegality of administering NDDC with interim managements/sole administrator contraptions, earlier this week, on May 8, 2022, a national online platform, published a story entitled “Despite failing to constitute board, Akpabio says he repositioned NDDC; A civil society campaigner said that NDDC has ‘failed woefully’ under Mr Akpabio.” According to the platform, despite failing to inaugurate a substantive board for NDDC, Akpabio claimed that he “effectively repositioned the agency to meet its core mandate.” But the online platform reported that under Akpabio, NDDC has become a “corruption haven” as the Commission has been “enmeshed in several contract-related scandals and sundry allegations and mismanagement of funds.”
The online platform also quoted the executive director “We the People”, a non-governmental organisation based in the Niger Delta, Ken Henshaw, as stating that “NDDC has failed woefully under Mr Akpabio.” According to the report, “Mr Henshaw lamented how Mr Akpabio continues to direct the affairs of the NDDC with no regard for extant rules, citing example of the appointment of a ‘sole administrator’ for the agency.” Said Mr. Henshaw, “If you doubt me check reports of past panels of enquiry, including the recent probe by the National Assembly. What you’d hear are tales of corruption, mismanagement and the rest.”
Rather than embark on a wild goose presidential chase, Senator Akpabio should hearken to the legitimate demands of Niger Deltans, to undo the damage which he has done to the Niger Delta region, and get President Muhammadu Buhari to inaugurate the NDDC Board, in accordance with the law and ensure equitable representation of the nine constituent states. This, undoubtedly will ensure that both he and the President do not go down in infamy.
Nigeria’s quest to secure a Category ‘C’ seat on the International Maritime Organization (IMO) Council for the 2026/2027 biennium received a major boost today as the Government of Switzerland formally pledged its support.
The Honourable Minister of Marine and Blue Economy, H.E. Adegboyega Oyetola, CON, received the letter of endorsement during a courtesy visit by the Swiss Ambassador to Nigeria, H.E. Patrick Felix Egloff, at the Ministry’s headquarters in Abuja.
Expressing his delight, Oyetola described the Swiss government’s backing as “a significant milestone in Nigeria’s campaign and a strong testament to the Federal Government’s commitment to upholding international maritime standards.”
According to the Minister, Nigeria’s election into the IMO Council would further strengthen global efforts towards building “a more robust, safe, and sustainable maritime industry.”
Highlighting Nigeria’s maritime potential, Oyetola disclosed that the country boasts 200 nautical miles of Exclusive Economic Zone and an extended continental shelf of 16,300km, positioning it as a strategic maritime nation.
“With these vast endowments, Nigeria, by any standard, is a maritime nation. That’s why the Ministry, in collaboration with the World Bank, AU-IBAR, the Kingdom of Norway, and other stakeholders, has developed a comprehensive National Policy on Marine and Blue Economy capable of standing the test of time,” he stated.
Oyetola further revealed that the Federal Government is adopting a Public-Private Partnership (PPP) model to drive rapid investments in the maritime sector. These include inland waterways development, supply of boats, dredging, and navigation infrastructure.
On maritime security, the Minister emphasized the success of the Deep Blue Project, Nigeria’s state-of-the-art surveillance initiative:
“For the past three years, there has been zero piracy in our waters, and we’re committed to sustaining this achievement. We’re also working with other Gulf of Guinea countries to extend safety and security beyond our national waters.”
In his remarks, Ambassador Egloff noted that Switzerland’s decision to endorse Nigeria followed an earlier request from the Ministry in April 2025.
“I’m very glad to convey this letter of support. Switzerland is very happy to stand with Nigeria. You’re a strong candidate, and we appreciate your commitment to multilateralism and the maritime sector. Nigeria plays a very important role globally,” he affirmed.
With Switzerland’s endorsement, Nigeria’s campaign for the IMO Category ‘C’ Council seat gains further international momentum ahead of the elections slated for October/November 2025.
President Bola Ahmed Tinubu returned to Abuja around 1:20am on Thursday after concluding a three-day state visit to Brazil that yielded a raft of bilateral agreements and high-level engagements aimed at deepening Nigeria’s economic and diplomatic ties with South America’s largest economy.
The President, who arrived aboard the presidential jet, was received at the Presidential Wing of the Nnamdi Azikiwe International Airport by a high-powered delegation of political leaders and senior government officials.
Among those present were Governors Caleb Mutfwang (Plateau); Uba Sani (Kaduna); Hope Uzodinma (Imo) and AbdulRahman AbdulRazaq (Kwara).
Also on hand to welcome the President were Speaker of the House of Representatives, Tajudeen Abbas; Deputy Senate President, Barau Jibrin; Chief of Staff to the President, Femi Gbajabiamila; National Security Adviser, Nuhu Ribadu; and some Ministers, including Nyesom Wike (FCT); Abubakar Atiku Bagudu (Budget and Economic Planning) and Bello Matawalle (Defence, State).
President Tinubu’s visit to Brazil was marked by the signing of five Memoranda of Understanding (MoUs) covering aviation, trade, science, diplomacy, and finance.
At a joint press conference in Brasília, he welcomed the imminent return of Petrobras, Brazil’s state-owned oil giant, to Nigeria—five years after it halted its joint ventures.
“We have the largest gas repository. So I don’t see why Petrobras doesn’t join as a partner in Nigeria as soon as possible. I appreciate President Lula’s promise that this will be done,” he said.
The agreements also included a Bilateral Air Services Agreement, paving the way for direct flights between Lagos and São Paulo, to be operated by Air Peace.
Other MoUs targeted political consultations, scientific collaboration, and agricultural financing through Nigeria’s Bank of Agriculture and Brazil’s National Bank for Economic and Social Development.
Beyond the MoUs, President Tinubu underscored his administration’s economic reforms, assuring Brazilian investors of a stable, transparent financial climate.
He cited Nigeria’s capital market growth as evidence of renewed investor confidence and pledged continued reforms to “unlock capital, protect investors, and drive innovation.”
In a meeting with Nigerians in Brazil, Tinubu called on the diaspora to contribute actively to nation-building, pledging technology-driven development and food security as the pillars of a prosperous future.
“We must bring Nigeria to the forefront of Africa’s progress, driven by technology, food sovereignty, and the courage to change our destiny,” he told the gathering.
The visit, which featured red-carpet honours, bilateral meetings with President Luiz Inácio Lula da Silva, and cultural engagements, signalled what both leaders described as a new era in Nigeria–Brazil relations.
Tinubu’s state visit to Brazil was preceded by his participation at the recently concluded ninth edition of the Tokyo International Conference on African Development (TICAD9).
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Symbolic gestures to tangible cooperation, Air Peace clearance, Oil giant Petrobras return is key gain of Tinubu’s Brazil visit, Says Onanuga
……Air Peace clearance for Lagos-Sao Paulo direct flights excites President
The return of Brazil’s oil giant, Petrobras, to Nigeria’s upstream is a major breakthrough recorded by President Bola Ahmed Tinubu’s two-day state visit to the largest economy in South America, Minister of Information and National Orientation Mohammed Idris said yesterday.
Besides, Nigeria’s largest airline, Air Peace, was given the right to commence Lagos-Sao Paulo flights to underscore the renewed economic and cultural ties between the two countries.
Sao Paulo is Brazil’s economic powerhouse and largest city.
Air Peace Chief Executive Officer, Allen Onyema, said the airline would deploy a Boeing 777 from its fleet to service the route.
A symbolic flight was planned for last night.
These agreements are part of the Memoranda of Understanding (MoUs) signed by the two countries during the President’s third visit to Brazil in less than one year.
His two earlier visits were on invitations extended to Nigeria by G-20 and BRICS.
“Air Peace is now cleared to run flights between Lagos and Sao Paulo”, Brazilian President, Luiz Inácio Lula da Silva, declared to the excitement of President Tinubu at a joint news conference at the Palácio do Planalto in Brasília to round off the visit.
According to Presidential spokesman, Bayo Onanuga, President Tinubu said the resumption of Petrobras’ operations five years after it halted joint ventures in Nigeria, would reignite economic cooperation in the energy sector.
“We have the largest gas repository. So, I don’t see why Petrobras doesn’t join as a partner in Nigeria as soon as possible. I appreciate President Lula’s promise that this will be done as soon as possible,” Tinubu said.
The President praised his Brazilian counterpart for committing to revitalising the partnership between the two nations.
“Nigeria’s economic space remains a virgin land, full of opportunities for Brazilian companies,” Tinubu said, while acknowledging Embraer’s role in boosting local airline operations through plans for a service centre in Nigeria to support maintenance and repairs.
Reflecting on his past engagements in Brazil, Tinubu urged a shift from symbolic gestures to tangible cooperation.
“Honourable Ministers of both countries, members of the Brazil Business Group, I have listened carefully to my friend, President Lula. We had a lengthy discussion. We talked about history and about African and Brazilian heritage.
“We tried to see why we are not at the level we wanted. We have allowed some problems and activities in the past to deter us from making progress and fulfilling our promises. But today, we say that is the end of that,” he said.
Tinubu stressed Nigeria’s readiness to partner Brazil in technology transfer, food security, renewable energy, and manufacturing.
“Today, we are fighting and working hard to bring our sovereignty to the level of expectation that we, as a nation, the most populous, the most dynamic country, share with Brazil. We need to share—technology transfer, energy, economy — so Brazil can continue to widen opportunities for us to embrace Africa. Africa is the new frontier,” he said.
The President also called for knowledge sharing in pharmaceuticals, saying “we have elevated this promise to the path of reality, as you have seen in various MOUs. I don’t know why the manufacturing of generic drugs, which Brazil has done deeply and far, cannot be in Nigeria.
“I don’t see why the technological superiority of Brazil is not shared with Africa. We assured each other that only we can develop our economies to help our sovereignty”, President Tinubu said.
Highlighting the reforms at home, Tinubu assured Brazilian investors of a new era in Nigeria’s economy.
“The reforms I’ve embarked upon since I took over in Nigeria have been very impactful. It was initially painful, but today the result is blossoming. It’s getting clearer to the people. We have more money for the economy, and there will be no more corruption.
“We have the governor of the Central Bank of Nigeria here. You don’t have to know him before getting the foreign exchange you need. The speculators are out. In our currency market, the door is open for businesses,” he said.
President Lula described the renewed Brazil–Nigeria engagement as timely in an era of rising protectionism.
“At a time when protectionism and unilateralism have returned, Nigeria and Brazil reaffirm their bet on free trade and productive integration. We continue to be dedicated to building a world of peace, free from hegemonic impositions.
“There are many possibilities for synergy between the world’s two largest countries with black populations. Agriculture and livestock, oil and gas, fertilisers, aircraft, and machinery, among others, represent wide avenues for cooperation.
“Increasing direct connections between Nigeria and Brazil is another essential step to strengthen the ties between our societies. We have approved the launch of a direct flight, to be operated by Nigeria’s largest airline company, Air Peace, between Lagos and São Paulo,” he said.
The following MoUs were signed between the two countries:
*Bilateral Air Services Agreement by Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, and Brazil’s Minister of Ports and Airports, Silvio Costa Filhos.
*Diplomatic Training Cooperation and MoU on political consultations were signed by Minister of State for Foreign Affairs of Nigeria, Ambassador Bianca Odumegwu-Ojukwu, and her Brazilian counterpart, Ambassador Mauro Vieira.
Nnaji, and Brazil’s Luciana Santos.
*The Managing Director of Nigeria’s Bank of Agriculture, Ayo Sotinrin, and Brazil’s Minister for National Bank for Economic and Social Development (BNDES), Aluísio Mercadante, signed an MOU for cooperation on trade and investment promotion, harmonising efforts to expand agricultural financing, investment, and joint projects.
Nigeria is currently Brazil’s 49th largest export destination, with trade between both countries reaching $2.1 billion in 2024.
Following the agreements, President Tinubu attended a state luncheon, hosted at the Itamaraty Palace.
Mohammed Idris: BASA to deepen ties
Minister of Information and National Orientation, Mohammed Idris, described the Bilateral Air Services Agreement (BASA) signed between Nigeria and Brazil as a significant breakthrough that will reconnect the two countries economically, socially, and culturally.
He described BASA as representing more than aviation.
“The 350 years of slavery between Africa and Brazil is being looked at again by the two leaders. And one way of looking at it is to ensure there is now a reconnection – economic, financial, social, cultural, whichever sphere. I think this is the best way to really go past what has happened during the period of slavery,” the minister said.
He noted that President Tinubu’s fourth meeting with President Lula in just over a year underscored the growing partnership between the two nations, which he said would also benefit Africa.
The minister said immediate “quick wins” from the agreement were already being realised, with a symbolic flight planned from Brazil to Abuja at midnight on Tuesday.
He noted that the direct link would reduce travel time between the two countries from more than 24 hours through European routes to about seven hours.
“Once this becomes commercially viable, it will not just enhance trade between the two countries, it will also improve the cultural and social cooperation that already exists,” he added.
Onyema, who described the BASA agreement as “a milestone,” said: “We cannot start daily flights for now, but we want to start with three weekly flights. As we go on, we develop the route and we’re going to increase the frequency. We told the Brazilians that we want to do Lagos, Rio, São Paulo and back to Lagos”.
The Air Peace chief emphasised that aviation would serve as a catalyst for unlocking the economic potential of both nations.
“The Brazilian economy is the largest in Latin America. The Nigerian economy is one of the largest in Africa. They need to tap into this. But without aviation, it’s very, very difficult for some of these things to be actualised,” Onyema said.
Boeing 777 for route
Speaking in an interview, Onyema said: “Nigerian aviation is grateful to President Tinubu for all he has been doing for the industry.
Air Peace has had long relation with Brazil as the biggest customer to Brazillian airplane maker, Embraer.
Air Peace signed a firm order for 13 Embraer E195-E2 jets in 2019, with the delivery of the first aircraft in early 2021. This was part of a larger agreement that included purchase rights for 17 additional aircraft of the same type, bringing the total potential order to 30 jets. The airline is the first African carrier to operate this new generation of Embraer aircraft.
Besides buying aeroplanes, Air Peace is fine-tuning strategies for the setting up of an aircraft maintenance facility in Nigeria.
Embraer, a few years ago, unveiled plans to establish an MRO (Maintenance, Repair, and Overhaul) facility in Nigeria, in partnership with Air Peace. This initiative is part of a broader maintenance deal with the Nigerian airline to provide local maintenance support for its growing fleet of Embraer aircraft, aiming to conserve foreign exchange for airlines and create jobs in Nigeria.
As one of Nigeria’s biggest flag carriers , Air Peace is designated on Lagos/ London, Dubai, Johannesburg, Tel Aviv, China, Mumbai, Antigua and Barbuda,
Air Peace serves 20 major cities in Nigeria and many regional destinations throughout West Africa (Accra, Dakar, Douala Freetown, Banjul, and Monrovia.
Petróleo Brasileiro S.A., better known by and trading as the portmanteau Petrobras, is a Brazilian majority state-owned multinational corporation in the petroleum industry headquartered in Rio de Janeiro. The company’s name translates to Brazilian Petroleum Corporation — Petrobras.
Petrobras began operations in Nigeria in 1998 in the deep waters off the Niger Delta. It sold its stakes more than 10 years ago to raise cash for domestic projects. Since then, Nigeria has been working to address some of the problems that have limited oil and gas output.
Petrobras stopped business in Nigeria five years ago.
The company was ranked #71 in the 2023 Fortune Global 500 list. In the 2023 Forbes Global 2000, Petrobras was ranked as the 58th-largest public company in the world.
Petrobras was created in 1953 under the government of Brazilian president Getúlio Vargas with the slogan “The Oil is Ours”. It was given a legal monopoly in Brazil.
In 2000, Petrobras set a world record for oil exploration in deep waters, reaching a depth of 1,877 metres (6,158 ft) below sea level. In 2002, Petrobras acquired the Argentine company Perez Companc Energía (PECOM Energía S.A.) from the Perez Companc Family Group and its family foundation for $1.18 billion.
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