Year 2012 was a challenging one for Nigerian insurers in the business of underwriting oil and gas risks because of the huge volume of claims they had to settle, and which consequently, threatened their profitability in the business.

The Lagos State Government has made the conduct of geochemical tests of all sand sites compulsory for operators. This, among others will help determine the true value of sands as well as reduce the incidence of building collapse in the state.

When President Goodluck Ebele Jonathan launched Nigeria’s Gas Revolution in March this year, many may have thought it would be another one of those “white elephant dreams”. But one year on, the Federal Government has shown its resolve to ensure that the revolution, aided by the Gas Master Plan becomes a reality through the provision of infrastructure.

For indigenes of Ezetu I, Foropa, Koluama I and Sangana on the Atlantic fringe of Southern Ijaw and Brass local government areas of Bayelsa State this is certainly not the best of time given the speed at which they are losing their ancestral land.

The KEFFES host communities, an acronym for Koluama I & II, Ekeni, Fish Town, Foropa, Ezetu I &II and Sangana located on the Atlantic fringe of Southern Ijaw and Brass local government areas of Bayelsa State had cause to celebrate last month, when Chevron Nigeria Limited, CNL, unveiled projects worth N482m in their domain.