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Senate Probes Massive Gas Explosion In Bayelsa

The Senate has begun probe into the recent massive explosion close to Gbarian-Ubie Gas Processing Facility in Yenagoa Local Government Area, Bayelsa State and pollution of the environment.
Consequently, the Senate has mandated its Chairmen and Vice Chairman of its Committees on Petroleum Upstream, Downstream, Gas, Niger Delta Affairs, Health and Environment to Carry out a holistic investigation into the ugly incident.
The Senate has called on the federal government to adopt measures for the protection of the environment from further degradation as well as for the enhanced protection of this and other national economic assets for the purpose of preventing the recurrence of this kind of threat.
The Upper Chamber has also called on the Federal government and the operator of the pipeline to provide medical assistance and relief materials to the people affected by this pollution and shock.
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Resolutions of the Senate yesterday were sequel to a motion tiled, “Massive explosion close to Gbarian-Ubie Gas Processing Facility in Yenagoa Local Government Area, Bayelsa State and pollution of the environment: The need for urgent action.” It was sponsored by Senator Senator Benson Konbowei, PDP, Bayelsa Central.
In his presentation, Senator Benson Konbowei informed the Senate that the Gbarain-Ubie Gas Processing facility is one of the most valuable gas projects in Nigeria having cost multiples of billions of US Dollars to build, and processing about two billion standard cubic feet of gas per day.
According to him, the facility supplies gas to the Bonny Terminal for export and is a big source of foreign exchange earnings for the country as well as an important employer of labour.
The lawmaker expressed concerns over the huge explosions from a crude oil pipeline on Tuesday, 14th May, 2024 which led to an inferno in the vicinity of the gas facility, adding that the explosions caused widespread panic among residents of the community where the explosion occurred.
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Senator Benson Konbowei said, “Whereas the Gbarain-Ubie Gas Processing facility is one of the most valuable gas projects in Nigeria having cost multiples of billions of US Dollars to build, and processing about 2 billion standard cubic feet of gas per day;
“Aware that the facility supplies gas to the Bonny Terminal for export and is a big source of foreign exchange earnings for our country as well as an important employer of labour;
“Alarmed that there were huge explosions from a crude oil pipeline on Tuesday the 14th of May, resulting in an inferno in the vicinity of the gas facility, and this constituted a threat to the safety of the facility, which is a precious national economic asset;
“Observes that the explosions caused widespread panic among residents of the community where the explosion occurred;
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“Concerned that this inferno resulted in the pumping of huge volumes of poisonous gaseous substances into the atmosphere resulting in massive pollution of the environment, with adverse impact on the health of the people within the vicinity;
“Concerned also that the air in the vicinity has been heavily impregnated with impurities, which can cause difficulty in breathing, damage to the lungs and high risk for asthma patients; Worried that the cause of the explosions is unknown, creating an atmosphere of suspense and uncertainty.”
In his remarks, the President of the Senate, Senator Godswill Akpabio who described the explosion as a very worrisome situation, said, “First of all, the facility brings foreign exchange to Nigeria.
“However the explosion that occurred on 14th of May, 2024 caused panic as the gasses being spewed out of the pipeline and the attendant pollution can cause or aggravate asthmatic conditions.
“The good news is that the Bola Ahmed Tinubu administration is a corrective rejime. We will bring this incident to the attention of the President and we believe the government will take necessary steps to ameliorate the situation and the relevant government agencies will put in place appropriate measures to prevent future occurrence.”
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Transfer: Premier League Clubs Scramble For Dele-Bashiru
Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.
Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.
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La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.
The 24-year-old has two years left on his contract with the Serie A club.
The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.
He has been a regular feature for Lazio this season.
News
Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses
The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.
DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.
A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.
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“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.
“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.
“This contradiction will no longer be tolerated,” the statement said.
News
N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs
First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.
The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.
At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.
Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.
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Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.
“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.
“Women-led enterprises are critical to economic activity, yet they face structural barriers.
This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”
“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).
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“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”
Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.
Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.
Applications for the zero-interest loan are now open.Apply now.
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