Headline
FG Unveils 300mmscf Facility In Delta To End Gas Flaring
Published
3 weeks agoon
By
EditorAfter over 60 years of flaring gas from oil fields, the Federal Government on Thursday commissioned the 300 million standard cubic feet gas gathering facility in Kwale, Delta State.
The gas gathering hub, constructed by Nedogas Development Company Limited, in partnership with the Nigerian Content Development and Monitoring Board, was commissioned by the Minister of Petroleum Resources (Gas), Ekperipe Ekpo.
The PUNCH reports that the gas gathering hub was borne out of the stranded nature of the associated gas resources in OML 56 producer as there was no evacuation pipeline to link gas resources to the Nigeria gas pipeline network from which such gas could be monetised.
According to materials made available to our correspondent at the event, the project aimed at eradicating gas flaring and converting environmental pollutants into products of value.
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The facility would contribute about $240m annually to Nigeria’s Gross Domestic Product within the first four years through trunk line tariffs, liquid product sales to off-takers and other infrastructural tariffs.
It will provide a proximal location for gas producers in the cluster to deliver their gas resources via pipeline connections with distances ranging from 3km of Ebendo to 21km of Matsogo.
Speaking, the Executive Secretary of the NCDMB, Felix Ogbe, said he was excited to be at the occasion, which he said answered some of the questions bugging the minds of many industry enthusiasts.
On whether Nigeria is serious about the flares out programme and delivering on the COP 26 commitments on reducing emissions, Ogbe answered in the affirmative, saying Nigeria, at COP 26, committed to achieving net zero by 2060.
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According to him, the Kwale Gas Gathering facility project was designed to monetise natural gas from fields through gas gathering, compression, injection and metering infrastructure.
“The Kwale Gas Gathering facility is tied to the Nigerian Gas Infrastructure-owned 48-inch OB-3 gas trunkline. It allows companies in the area to end routine flares and gather and inject the gas for economic uses and to reduce flaring,” Ogbe explained.
The Chairman of Nedogas, Mr Emeka Ene, expressed satisfaction that the project was completed despite all initial odds.
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While describing the facility as a modular project, Ene said it could be replicated in the over 100 gas flaring sites in the country.
Declaring the facility open for business, the gas minister called on others in the oil and gas industry to come up with new ideas and help in transforming flared gas into valuable products.
The PUNCH reports that Gas valued at $1.9bn was flared in Nigeria between 2020 and 2024, according to the Nigerian Gas Flare Tracker.
The Nigerian Gas Flare Tracker stated that during the period under review, 595.1 million standard cubic feet of gas were flared in Rivers, Delta, Imo, Edo, Akwa Ibom, Bayelsa, Anambra, Abia and Lagos States.
The World Bank describes gas flaring as the burning of natural gas associated with oil extraction.
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Headline
Tinubu Orders Disbursement Of N155bn For Foodstuff Purchase Nationwide
Published
8 hours agoon
June 27, 2024By
EditorPresident Bola Tinubu has ordered the purchase and sale of foodstuff worth N155 billion to be distributed across the nation.
The President gave the approval during the National Economic Council (NEC) meeting on Thursday in Abuja where he urged state governors to work together to meet the needs of citizens.
He said he is willing to provide the needed support to ensure that Nigerians are relieved of hardship, according to a statement by presidential spokesman, Ajuri Ngelale.
“President Bola Tinubu has approved the immediate rollout of the National Construction and Household Support Programme to cover all geo-political zones in the country,” the statement read.
“Other items under the National Construction and Household Support Programme include deployment of N155 billion for the purchase and sale of assorted foodstuff to be distributed across the nation.”
Tinubu also approved the delivery of a N50,000 uplift grant each to 100,000 families per state for three months.
READ ALSO: JUST IN: Tinubu Approves N50,000 Uplift Grant For 3.6m Nigerian Families
Food Production
Tinubu emphasized the urgency of boosting food production, noting that the Sokoto-Badagry Highway is a pivotal project as the states within this axis form the food belt of the nation, with Badagry being an important artery for food export.
“Our states must work together to deliver on the critical reforms required of us to meet the needs of our people. Time is humanity’s most precious asset. You can never have enough of it. It is getting late.
“We are ready and able to support you in the form of the mechanization of your agricultural processes and the provision of high-quality seedlings.
“We are prepared to provide solar-powered irrigation facilities to support our farmers across seasons, but we must now produce. We must produce the food our people eat, and it will require coordination and intentionality between members of the National Economic Council (NEC).
“There is nothing we are doing that is more important than producing high-quality food for our people to consume, buy, and sell. We create jobs in the production of it. And that is before we generate wealth by exporting the excess. It is not beyond us to achieve this for Nigerians.
“How much support do you need from me and in what form? I am prepared to provide it. But we must achieve the result. We must deliver on our targets at all levels. Please report back following your consultations and submit to my office within seven days,” President Tinubu said.
READ ALSO: JUST IN: Tinubu Will Get Nod For Presidential Jet If Requested – Akpabio
See the full statement below:
To boost agricultural productivity, strengthen the economy by creating opportunities in the real sectors of agriculture, manufacturing, and construction, as well as provide urgent economic relief for Nigerians, President Bola Tinubu has approved the immediate rollout of the National Construction and Household Support Programme to cover all geo-political zones in the country.
Under the programme, the Sokoto-Badagry Highway, which will traverse Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos, is prioritized.
Other road infrastructure projects, such as the Lagos-Calabar Coastal Highway, which is underway, and the Trans-Saharan Highway, which links Enugu, Abakaliki, Ogoja, Benue, Kogi, Nasarawa, and Abuja, are also prioritized.
The President has also approved full counterpart financing for Port Harcourt-Maiduguri Railway; to traverse Rivers, Abia, Enugu, Benue, Nasarawa, Plateau, Bauchi, Gombe, Yobe and Borno, as well as for the Ibadan-Abuja segment of the Lagos-Kano Standard-Gauge Railway; which will traverse Lagos, Ogun, Oyo, Osun, Kwara, Niger, Abuja, Kaduna, and Kano.
The Sokoto-Badagry road project is specially prioritized for its importance as some of the states it will traverse are strategic to the agricultural sustainability of the nation.
Within the Sokoto-Badagry Highway corridor, there are 216 agricultural communities, 58 large and medium dams spread across six states, seven Special Agro-Industrial Processing Zones (SAPZs), 156 local government areas, 39 commercial cities and towns, and over 1 million hectares of arable land.
In addition, other items under the National Construction and Household Support Programme include:
(1) One-off allocation to states and the Federal Capital Territory of N10 billion for the procurement of buses and CNG uplift programme.
READ ALSO: After Much Protests, Deaths, Kenya President, Ruto Withdraws Controversial Tax Bill
(2) Delivery of N50,000 uplift grant each to 100,000 families per state for three (3) months.
(3) Provision for labour unions and civil society organizations.
(4) Deployment of N155 billion for the purchase and sale of assorted foodstuff to be distributed across the nation.
Speaking during the National Economic Council (NEC) meeting on Thursday in Abuja, President Tinubu urged state governors to work together to meet the needs of citizens, stating that he is willing to provide the needed support to ensure that Nigerians are relieved of hardship.
While emphasizing the urgency of boosting food production, the President noted that the Sokoto-Badagry Highway is a pivotal project as the states within this axis form the food belt of the nation, and with Badagry being an important artery for food export.
“Our states must work together to deliver on the critical reforms required of us to meet the needs of our people. Time is humanity’s most precious asset. You can never have enough of it. It is getting late.
READ ALSO: After Much Protests, Deaths, Kenya President, Ruto Withdraws Controversial Tax Bill
“We are ready and able to support you in the form of the mechanization of your agricultural processes and the provision of high-quality seedlings.
“We are prepared to provide solar powered irrigation facilities to support our farmers across seasons, but we must now produce. We must produce the food our people eat, and it will require coordination and intentionality between members of the National Economic Council (NEC).
“There is nothing we are doing that is more important than producing high-quality food for our people to consume, buy, and sell. We create jobs in the production of it. And that is before we generate wealth by exporting the excess. It is not beyond us to achieve this for Nigerians.
“How much support do you need from me and in what form? I am prepared to provide it. But we must achieve the result. We must deliver on our targets at all levels. Please report back following your consultations and submit to my office within seven days,” President Tinubu said.
Chief Ajuri Ngelale
Special Adviser to the President
(Media & Publicity)
Headline
JUST IN: Tinubu Approves N50,000 Uplift Grant For 3.6m Nigerian Families
Published
9 hours agoon
June 27, 2024By
EditorPresident Bola Tinubu has approved an uplift grant under the National Construction and Household Support Programme for 3.6m Nigerian families.
This initiative will deliver N50,000 to 100,000 families in each state for three months.
The disbursement of the Tinubu uplift grant to families will occur over a three-month period, according to presidential spokesman Chief Ajuri Ngelale.
This initiative is part of the National Construction and Household Support Programme.
Full Statement on the National Construction and Household Support Programme
“To boost agricultural productivity, strengthen the economy by creating opportunities in the real sectors of agriculture, manufacturing, and construction, as well as provide urgent economic relief for Nigerians, President Bola Tinubu has approved the immediate rollout of the National Construction and Household Support Programme to cover all geo-political zones in the country.
READ ALSO: EFCC Boss Orders Arrest Of Officers Over Nighttime Raid On Lagos Hotel Rooms
“Under the programme, the Sokoto-Badagry Highway, which will traverse Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos, is prioritized.
“Other road infrastructure projects, such as the Lagos-Calabar Coastal Highway, which is underway, and the Trans-Saharan Highway, which links Enugu, Abakaliki, Ogoja, Benue, Kogi, Nasarawa, and Abuja, are also prioritized.
“The President has also approved full counterpart financing for Port Harcourt-Maiduguri Railway; to traverse Rivers, Abia, Enugu, Benue, Nasarawa, Plateau, Bauchi, Gombe, Yobe and Borno, as well as for the Ibadan-Abuja segment of the Lagos-Kano Standard-Gauge Railway; which will traverse Lagos, Ogun, Oyo, Osun, Kwara, Niger, Abuja, Kaduna, and Kano.
“The Sokoto-Badagry road project is specially prioritized for its importance as some of the states it will traverse are strategic to the agricultural sustainability of the nation.
“Within the Sokoto-Badagry Highway corridor, there are 216 agricultural communities, 58 large and medium dams spread across six states, seven Special Agro-Industrial Processing Zones (SAPZs), 156 local government areas, 39 commercial cities and towns, and over 1 million hectares of arable land.
READ ALSO: Police Arrest Bandits’ Spiritual Leader, 25-Year-Old Female Gunrunner, Others In Kaduna
“In addition, other items under the National Construction and Household Support Programme include:
(1) One-off allocation to states and the Federal Capital Territory of N10 billion for the procurement of buses and CNG uplift programme.
(2) Delivery of N50,000 uplift grant each to 100,000 families per state for three (3) months.
(3) Provision for labour unions and civil society organizations.
(4) Deployment of N155 billion for the purchase and sale of assorted foodstuff to be distributed across the nation.
“Speaking during the National Economic Council (NEC) meeting on Thursday in Abuja, President Tinubu urged state governors to work together to meet the needs of citizens, stating that he is willing to provide the needed support to ensure that Nigerians are relieved of hardship.
“While emphasizing the urgency of boosting food production, the President noted that the Sokoto-Badagry Highway is a pivotal project as the states within this axis form the food belt of the nation, and with Badagry being an important artery for food export.
READ ALSO: Police Arrest Bandits’ Spiritual Leader, 25-Year-Old Female Gunrunner, Others In Kaduna
“Our states must work together to deliver on the critical reforms required of us to meet the needs of our people. Time is humanity’s most precious asset. You can never have enough of it. It is getting late.
“We are ready and able to support you in the form of the mechanization of your agricultural processes and the provision of high-quality seedlings.
“We are prepared to provide solar powered irrigation facilities to support our farmers across seasons, but we must now produce. We must produce the food our people eat, and it will require coordination and intentionality between members of the National Economic Council (NEC).
“There is nothing we are doing that is more important than producing high-quality food for our people to consume, buy, and sell. We create jobs in the production of it. And that is before we generate wealth by exporting the excess. It is not beyond us to achieve this for Nigerians.
“How much support do you need from me and in what form? I am prepared to provide it. But we must achieve the result. We must deliver on our targets at all levels. Please report back following your consultations and submit to my office within seven days,” President Tinubu said.
Headline
EFCC Boss Orders Arrest Of Officers Over Nighttime Raid On Lagos Hotel Rooms
Published
10 hours agoon
June 27, 2024By
EditorThe Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has directed the arrest of two EFCC officers accused of reportedly manhandling a female staff member at Regional Hotel in Ojo, Lagos.
In a viral video online, EFCC officials dressed in plain clothes were observed forcefully entering one of the hotel rooms.
Regional Hotel Operation: Olukoyede Orders Arrest of Officers Involved in Unprofessional Conduct.
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has ordered the arrest of two officers of the Commission allegedly involved in the.
READ ALSO:Southern Govs Plan 90,000MW Power, Want States To Negotiate New Minimum Wage
In his statement, Oyewale said the incident happened during an early morning sting operation.
He said the operation led to the arrest of a sizable number of suspects who were still being profiled.
It reads: “The EFCC’s boss has also ordered detailed investigations of the operation carried out at the hotel and assured that appropriate disciplinary measures would be taken against any of the officers found to be culpable.
“Olukoyede assures the general public that the EFCC would continue to ply its job professionally and with profound respect for the rule of law.”
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