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SPDC Spends N9bn On Community Dev In N’Delta

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The Shell Petroleum Development Company of Nigeria (SPDC) spent N9billion on community development projects in Niger Delta in 2010, Managing Director, Mutiu Sunmonu disclosed this at a Sustainable Development exhibition in Abuja, recently.

“This is one of the biggest corporate social responsibility portfolios operated by a private company in Sub-Saharan Africa, and it shows that we care for the wellbeing of the communities in which we do business,” Sunmonu stressed. In a statement, Shell’s Corporate Media Relations Manager, Tony Okonedo, noted that the event was the first Sustainable Development Partnership Opportunity and Exhibition organised by SPDC in Abuja, and the theme was Powering Progress Together.

He said, the event brought together government officials, diplomats, NGOs and development organisations who thronged the Shehu Musa Yar’Adua Memorial Centre and heard testimonies by beneficiaries of GMoU, Live WIRE, community health and other life-building programmes.

The media manager quoted Sunmonu as saying that: “I am excited about today’s event because it is the first if its kind for us in Abuja. We know from our work in the Niger Delta, that no single actor can meet the scale, complexity and resources required to respond to the challenges of development in communities.

“That is why we have increasingly partnered with other business entities, government agencies, NGOs and community-based organisations to plan and deliver on our social performance commitments to achieve the desired impact and sustainability,” he said.

He cited the Global Memorandum of Understanding (GMoU) initiative which the company introduced in 2006 as a life-changing opportunity for communities who now choose and implement their projects with funding from SPDC.  So far, SPDC has signed and implemented agreements with 26 clusters, covering 271 communities in Rivers, Delta and Bayelsa states. By the end of 2010, a total of 490 projects had been implemented through GMoUs, with more than $65million provided as funding.

In an address, the Minister of Niger Delta Affairs, Elder Godsday Orubebe, commended SPDC for its GMoU initiative.

He said: “No other question preoccupies the minds of the people of the Niger Delta than rapid development. And peace is the bedrock of all development. Therefore, let this forum mark the beginning of a brighter and more hopeful co-operation and prosperity for the Niger Delta region and Nigeria in general.”

The Amanyanabo of Nembe Kingdom, Dr. Edmund Daukoru who chaired the occasion said: “I’ve come all the way from Bayelsa State to associate with the success of the GMoU and other programmes, which I wish could be standard for all Nigerian communities.”

Beneficiaries who made presentations included Mrs. Shade Aderogba who enjoyed all-year round health care including giving birth under the Community Health Insurance Scheme of IA GMoU Cluster, Mercy Chukwudi and Diana Marcus who established businesses with LiveWIRE support as well as Chief I. S. Young-Dede the chairman of Nembe City Development Foundation.

Chief Young-Dede, who is also the palace secretary of the Amanyanabo of Nembe Kingdom, enthralled the audience with many projects that have been executed including land marine transport, guest house, roads, ICT centre and printing press.

He added: “We’ve transformed from being a Cluster to a Foundation capable of attracting support from far and near.”

Precious Njoku, a young man got trained as a welder under the GMoU programme, and is now gainfully employed in a big construction company in Port Harcourt.

“My story has changed for good,” he declared to the applause of the audience.

“It is stories like Precious that encourage us,” commented Vice President HSE and Corporate Affairs, Tony Attah, who added that “we will continue to invest in the wellbeing of our people as we do business in the Niger Delta, and ask other stakeholders including communities themselves to be part of this noble effort.”

SPDC had held similar exhibitions in Port Harcourt, Yenagoa, Warri and Lagos.

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Oil & Energy

Partners Execute Shareholder Agreement For Brass Products Terminal

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The Nigerian National Petroleum Corporation, (NNPC), along with their partner, the Nigerian Content Development & Monitoring Board, NCDMB, and Zed Energy have executed a shareholders’ agreement for the establishment of a 50 million litre Petroleum Products Terminal in Brass, Bayelsa State.
The N10.5 billion Brass Petroleum Products Terminal project is expected to deliver an automated 50 million litre depot with two-way product jetty, automated loading bay, and 6 automated tanks for storage of 30 million litres of Premium Motor Spirit (PMS)and 20 million litres of Automotive Gas Oil (AGO) and Dual Purpose Kerosene (DPK).
While speaking at the signing ceremony, the Minister of State for Petroleum Resources, Chief Timipre Sylva commended President Muhammadu Buhari for his giant strides in the Niger Delta which is making a huge impact on the people of the area.
“I make bold to say today without any fear of contradiction that no President has impacted the people of the Niger Delta like President Muhammadu Buhari. Aside from what we are witnessing today, remember there is also the Brass Fertilizer & Petrochemical Company, the Oloibiri Oil and Gas Museum and the Oil & Gas Park in Ogbia, all under Mr. President,” the Minister stated.
Sylva added that the establishment of the Terminal further demonstrates Mr. President’s commitment to the enhancement of the livelihood of the Niger Delta people particularly, the riverine communities in Bayelsa State where people purchase products at exorbitant prices due to logistics challenges associated with transporting products to that area.
Speaking shortly after signing the agreement, the Group Managing Director of the NNPC, Mallam Mele Kyari said the Corporation was proud to be part of the project which aside ensuring products availability in all nooks and crannies of the Niger Delta, will also guarantee the nation’s energy security and generate employment.
“This Terminal will create 1,000 direct jobs during the construction phase, and over 5,000 indirect jobs during its operation. Considering the potential for employment when completed, this will definitely reduce youth restiveness in the Niger Delta area and will also address the problem of illegal refining in the area,” Kyari stated.
In his remarks, the Executive Secretary of NCDMB, Simbi Wabote stated that this milestone was as a result of strong interagency collaboration and public-private sector partnership.
“The NCDMB will continue to drive such partnerships across the industry to bring development in Nigeria,” he noted.
Earlier, the Coordinator of the Project and Group General Manager, National Petroleum Investment Management Services (NAPIMS), Mr. Bala Wunti stated that the project would enhance the economics of marine petroleum products distribution.

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Oil & Energy

Senate Hails NNPC’s Drive Towards Profitability

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The senate has commended the Nigerian National Petroleum Corporation (NNPC) for its efforts towards attaining profitability and stamping out corruption from its system.
Chairman, Senate Committee on Anti-corruption and Financial Crimes, Suleiman Abdu Kwari, gave the commendation at a hearing which was held at the national assembly complex, Abuja.
Kwari said it was heart-warming to learn that the NNPC was making great strides towards profitability and urged the corporation to sustain the gains recorded so far for the good of the country.
In his presentation at the hearing, Mele Kyari, the group managing director of NNPC, said the corporation was championing the fight against corruption in the oil and gas industry by placing measures to curb incidences of corruption across its various business portfolios and by enlisting as a partner company of the Extractive Industries Transparency Initiative (EITI).
He also said that the corporation has reported several incidences of infractions such as products diversion and crude oil theft to the police, EFCC and other investigating agencies of the federal government to stem corruption within the oil and gas industry.
In an effort to clampdown on fuel smuggling, the ministry of petroleum resources launched the operation white project in October 2019 to monitor and track the movement of petroleum products in the country.
Also in February 2021, the Department of Petroleum Resources (DPR) launched the downstream remote monitoring system (DRMS) to track the movement of petroleum products from depots to retail outlets.
“We have created an anti-corruption desk in NNPC that engages the Economic and Financial Crimes Commission (EFCC) and other anti-corruption agencies on a regular basis,” NNPC GMD said.
“The desk ensures that in all our operations, every staff complies to the code of conduct procedures with consequence management.
“We have established a regulatory compliant governance charter and transparency policy; this is a mark of our compliance to the anti-corruption strategy.
“For the first time in 43 years, NNPC, as a part of the evolving culture of transparency and accountability, published its Audited Financial Statements (AFS) for 2018 and 2019. We are going to publish that of 2020.
“The AFS is the only document that tells how a company does its transaction. We are happy that by the time the 2020 AFS will be published, Nigerians will see the dividends of our accountability.”

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Oil & Energy

Chevron Spends $10bn On Nigerian Suppliers, Service Providers

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Chairman/Managing Director, Chevron Nigeria Limited (CNL), Rick Kennedy, said the company has in the last 10 years spent an estimated annual average of $1 billion on Nigerian suppliers and service providers in line with its commitment to Nigerian Content Development.
Highlighting the opportunities and new approaches to the future of hydrocarbons at the ongoing 2021 NIPS in Abuja, Kennedy stressed the need for robust policies and regulations to address and remedy existing challenges in the oil and gas industry; digital technology/innovations; cost efficiency initiatives; sustained social investments as well as continued support for Nigerian Content Development.
Kennedy, who was represented by Monday Ovuede, director, NNPC/CNL Joint Venture, identified opportunities in lowering carbon emissions and harnessing Nigeria’s gas resources as key enablers in complementing the new approaches to future of hydrocarbons in the Nigerian oil and gas industry in the post COVID-19 era.
According to him, the global community has continued to scale up the collaboration towards lower carbon emissions, adding that Chevron supports global efforts to reduce carbon emissions and is actively investing in operations to improve environmental performance while also working with industry to develop new innovative technology and best practices to achieve these objectives.
He emphasised that CNL’s gas strategy is to end routine gas flaring and build a profitable gas business through a portfolio of projects, and stated that in Nigeria, CNL, with its joint venture (JV) partners, the Nigerian National Petroleum Corporation (NNPC), has progressively reduced routine gas flaring by over 95% in the past 10 years and remained ahead in terms of maximising supply of on-spec gas into the Nigerian domestic market.
He also highlighted the NNPC/CNL’s Gas Sales and Aggregation Agreements with Egbin Power Plc, Dangote Fertilizer Limited, and Olorunsogo Generation Company Limited, while mentioning the positive impact of the West African Gas Pipeline (WAGP) through which Nigeria supplies gas to countries in the West African sub-region – specifically, Ghana, Togo, and Benin – thus, helping to boost economic development in West Africa.
Kennedy also noted that Chevron has joined other energy companies supporting the Methane Guiding Principles to reduce methane emissions from natural gas exploration and production operations through digital innovation and deployment of best practices, which include designing, constructing, and operating its facilities in a manner to reduce emissions from its operations.

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