Archived edition · 15:13 Lagos
Thursday 1 October
- New articles analysed in today’s runs
- 12
- High-risk articles today
- 0
- Board appointments today
- 1
- Contract awards today
- 4
Key Developments
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Energy Infrastructure Initiatives
The Nigerian government is currently tracking gas projects valued at $80 billion under the "Decade of Gas" initiative to improve national energy infrastructure ([The Guardian Nigeria News](https://news.google.com/rss/articles/CBMieEFVX3lxTE5zY0RBcVI1aFJPOHdlTF9FUWRjVEZZUkNiOVpxNl91dTFnTjZaWHJMOGF4ZDBId0JwX19ldHYyb2pKNXp1dm9pR2JEamU2VS02bHBkYXBSWUFFSHJZUGp6XzEySGxuYS10NVFpQ2FqZ0hOZldSS3RYdw?oc=5)).
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Oil & Gas Strategic Partnerships
The Ogun State Government and NNPCL are collaborating to revive the Olokola project and the Ogun State Liquefied Natural Gas (OKLNG) project ([The Guardian Nigeria News](https://news.google.com/rss/articles/CBMibkFVX3lxTE9UdlZJLWhVdUVCeVU4d2N5bDQ1YW9NMGFybUZVZ2JQRHdMUWZIclhoQUZTYnZpbkNya005R2IxcEV0Y3NSY0pTTENINnRRV2VsdnBaaWNDTWtwbDFyT1AzdmFJSXdfTEM1ZWYxeG53?oc=5)).
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Public Sector Obligations
The government has cleared N6 billion in pension and gratuity backlogs for 4,271 beneficiaries ([The Guardian Nigeria News](https://news.google.com/rss/articles/CBMilAFBVV95cUxQUS1HeUxJYno1UmpRbkhRWFNUSGZhdkhSem5vWlMwVzJOTUx6UlZfd0ZEcDhERDFrWkpZWHk0TS0wV3lEMExKMGNSOUJrZ19aWGJ3bndGaFZvTldHN3M1ZzF3LVk1NjVMSzl2bkJMb1U5N3FPZk14N1ljd2hyZGxpcjdRQmdRMWtsOVd0SnNtc3NMMWxs?oc=5)).
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Industrial Concerns
Nigerian manufacturers have warned that multiple taxation is currently threatening their operational competitiveness ([The Guardian Nigeria News](https://news.google.com/rss/articles/CBMijAFBVV95cUxNd2dmREVwQlRqS3NxS29ZNmV6ZEJ5bndfS3B2d1c0MEFFd2NNYmVjMmRXd1g3R3VtQUk0eVdRa2hUWVhJVWVKWjRaN3NvMnpJQzVpNWl3dDhGQ2tFWjRqajdIU0lZa21rUng0TmJKSGNTZE5oN1NJOTdiay1xdkFXRXd6WWVFWFh6Ukc5Zw?oc=5)).
High Risk Alerts
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NNPC Financial Liability
The Nigerian National Petroleum Company (NNPC) has recorded forward crude-sale liabilities totaling N8.2 trillion, indicating significant obligations from sales made before actual production ([The Guardian Nigeria News](https://news.google.com/rss/articles/CBMioAFBVV95cUxObUt0ek44NHdHNThiWnJ2NmdKU3U3R2swbnVPcFFqSk9uYl9xMkNVcnVOaGZJZkVfcnZza1JrVGpuOXJSYy0zbzU3d2xJcnR6U3V1UjNpYzVIenFEOTBUR0dpTXlvOG84OElNcjFENDgxSDRLLVUyRVlRUUJhdnVQaWEzNTlVUHJhd2Z3X3Y2cEJQOHdleC1iRkIydmRzRUdJ?oc=5)).
Beneficial Ownership & PSC Disclosures
No persons with significant control were identified in the provided data.
Procurement & Board Changes
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Infrastructure Development
Ogun State Government has entered a $7 billion port and marine pact with NNPCL to revive the Olokola project ([The Guardian Nigeria News](https://news.google.com/rss/articles/CBMingFBVV95cUxQakRsaWl5Z0JHR09HWkllZ0RkNXFqYm5qSU5QRjBMdTUyN29zeXBOUnp0aFA4UUl0d1E5VUFFVlRCbXdxbTNTelZLWGVtREZ5dXQ5cnNiQVNpbktBS3h0MTcwUGNiT0I3T1RqV2R5NXl1NUpMWGY4cGhmOFdRXzdLQWlIa3Q1dF92ZTlBaVZzVElhM0p1ZE5SOWpSQWF2UQ?oc=5)).
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Aerospace Contract
NIGCOMSAT Ltd has contracted Thales Alenia Space for the development and construction of the NigComSat-2A geostationary telecommunications satellite ([The Punch](https://punchng.com/thales-to-develop-nigerias-new-satellite/)).
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Operational Transparency
NIMASA plans to procure and install body cameras for enforcement officers during vessel boarding operations ([tribuneonlineng](https://tribuneonlineng.com/nimasa-to-install-body-cameras-on-enforcement-officers-during-vessel-boarding/)).