Skip to content
July 26, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • OMLs: Host community youths in Bayelsa welcome development, hopeful of job opportunities
  • National News

OMLs: Host community youths in Bayelsa welcome development, hopeful of job opportunities

Admin January 11, 2021
development

Malabu Oil Deal

Youths from Koluama communities in Southern Ijaw Local Government of Bayelsa on Monday applauded the successful development of hitherto dormant Oil Mining Leases (OMLs) 83 and 85 to production start up level by indigenous oil firm.

The youths expressed hope that the anticipated upsurge in project activities would create jobs for them as they have a pool of skilled youths in specialised oil and gas vocations.

A Nigerian firm, First Exploration and Production (First E&P) has struck oil from an oilfield it acquired following the divestment of Chevron Nigeria Limited (CNL) from the asset located off Bayelsa coastline.

Chevron had in 2015, divested from OMLs 83 and 85 while the asset was acquired by First E&P, who now operate the oilfields in a Joint Venture agreement with the Nigerian Petroleum Corporation.

Mr. Leghemo Ebrasin, a youth leader in Koluama coastal settlement told the News Agency of Nigeria (NAN) that the feat by First E&P indicated that the Nigerian Content policy was yielding results

According to Ebrasin, First E&P achievement on the erstwhile dormant oil block held by Chevron, justified the confidence reposed by the government on the country’s oil firms.

He said that the youths from neighbouring communities were poised to support the implementation of the Memorandum of Understanding (MoU) signed between the oil firm and its host communities in 2018.

He said that the youths have formed a cooperative society to drive empowerment schemes and develop a database of unemployed youths to enable matching of skills and job opportunities.

On the proposed 23km undersea pipeline, the youth leader urged the oil firm and its contractors to consider palliatives for local fishermen who would be displaced while the project went on.

“We welcome the ongoing efforts to get a pipeline licence from the Ministry of Petroleum Resources; although we are going to be affected by the project, we expect them to offer alternative income opportunities to us.

“Members of the fishing vocation will definitely be affected when laying of the undersea pipeline starts so they should be assisted while our youths who are trained in underwater pipeline welding should be engaged to work.

“The successful development of these two oil blocks will unlock the economic potentials in Bayelsa coastline settlements and hopefully attract development of social amenities as well.

“Our Rural Development Foundation is well positioned to harness the opportunities that will be coming to us under the operational areas employment quota and funds for community development projects,” Ebrasin said. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Chevron First E&P Koluama communities Leghemo Ebrasin OML

Post navigation

Previous JAMB to announce sale of UTME, Direct Entry forms soon, says ready to Prosecute institutions, candidates who breach admissions process 
Next Insecurity: Nigerians should expect better results in 2021 – DHQ

Related Stories

Buhari didn’t create PFIPC – Media Organisation counters Tinubu’s DG
  • National News

Buhari didn’t create PFIPC – Media Organisation counters Tinubu’s DG

July 26, 2026
Oborevwori congratulates new NBA President, two Deltans on election into National Exco
  • National News

Oborevwori congratulates new NBA President, two Deltans on election into National Exco

July 25, 2026
Lassa Fever Cases Spike Again in Week 28 as Nigeria’s Death Toll Reaches 229 federal capital territory
  • National News

Lassa Fever Cases Spike Again in Week 28 as Nigeria’s Death Toll Reaches 229

July 25, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Africa facing $10-$20 billion economic hit from ‘super’ El Niño, AfDB climate chief warns walker
  • International News

Africa facing $10-$20 billion economic hit from ‘super’ El Niño, AfDB climate chief warns

July 26, 2026
Buhari didn’t create PFIPC – Media Organisation counters Tinubu’s DG
  • National News

Buhari didn’t create PFIPC – Media Organisation counters Tinubu’s DG

July 26, 2026
Do you know the population of Nigeria? Asks Ken Ugbechie NPC
  • Commentaries

Do you know the population of Nigeria? Asks Ken Ugbechie

July 26, 2026
NDLEA intercepts drugs worth N10bn at Lagos airport and seaport
  • Crime and Justice

NDLEA intercepts drugs worth N10bn at Lagos airport and seaport

July 26, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.