News

Stakeholders Want An End To Gas Flaring, Environmental Assessment Of N’Delta

Published

4 years ago

October 28, 2022

Editor

Panel of discussants at a one-day electoral dialogue on gas flared penalties, Liquified Petroleum Gas, LPG, Green House Gas, GHG, emissions, and Nigeria’s nationally determined contributions, NDCS, commitment, on Friday in Benin called for a comprehensive environmental assessment of impact of gas flaring in the entire Niger Delta region particularly host communities.

The programme anchored on Accountability for Gas Flared and Emission Reduction Advocacy (AGFAERA) project, was implemented by Advocacy for Gas Flare Accountability in Nigeria (AGFAN) and 10 other cluster civil society organisations, including Initiative for Community Development (ICD), Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN), and others.

The panelists, comprising Prince Barbs Preye Pawuru, President, Host Communities Network; Comrade Agho Omobude, leader, Edo Civil Society Organisations; Comrade Osazee Osarere, candidate, Edo State House of Assembly and former member of the same House, Friday Ogierakhi, expressed dismay at the wanton damage gas flaring has caused in the Niger Delta environment without little or nothing to show for.

According to the discussants, being the region that produces the crude oil that the country relies on, the Niger Delta region particularly oil producing communities impacted by gas flaring should be major beneficiaries of proceeds from the oil.

They, however, lamented that unfortunately, oil producing communities in the Niger Delta, after 50 years of oil discovery, are still the same or even backward, while some regions that do not produce a drop of oil are benefiting more from oil proceeds.

They, therefore, called for an end to gas flaring in the Niger Delta region, and that government should move to clean energy as obtainable in other oil producing countries.

Earlier in his opening remarks, Executive Director, ERA/FoEN, Barr. Chima Williams, urged people particularly from impacted communities to interrogate oil companies and activities carried out in their areas as regards oil exploration and other activities.

He called for “a review of gas flaring, her negative environmental footprint, health impact consequences and economic losses as well as advantages or potential opportunities in appropriately harnessing of the flared gas.”

While noting that Nigerians particularly the people form the Niger Delta region must harness and utilise their God given resources in a clean sustainable manner, Williams said: “Enough of resource curse syndrome, we should embrace the era of resource blessings.”

Also giving the overview of the programme, Mr. Everest Nwankwo of ANPEZ – a cluster partner of the event – said the programme was aimed at achieving an improved accountability in gas flaring, adding that gas flaring in the country is being under-reported hence the programme.

News

Transfer: Premier League Clubs Scramble For Dele-Bashiru

Published

2 hours ago

May 6, 2026

Editor

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.

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

Published

2 hours ago

May 6, 2026

Editor

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.

“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

Published

5 hours ago

May 6, 2026

Editor

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.

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).

“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.