Connect with us

Oil & Energy

Oil Sector Stakeholders Okay Industrial Park

Published

on

Stakeholders in the oil
and gas sector have described the establishment of industrial park as a strategy that would enhance sustainability in the sector.
At the 3rd International, Down Stream Conference / Exhibition on Gas, Petroluem Refining, Petrochemicals and fertilisers, in Port Harcourt, Group co-ordinator, corporate planning and strategy of the  Nigerian National Petroleum Corporation, Dr Timothy Okon, said so much employment opportunities  abound in the sector of potentials were adequately enhanced.
He said industrial park provides needed social infrastructure as water, power, transport facilities for the oil firms noting that such amenities would reduce the cost of production incurred by individual companies in their operations.
In his own paper, Managing Director / Chief Executive Officer, Midwestern Oil and Gas Company, Nigeria, Mr Charles Odita, also lauded the idea of Industrial park as initiated by the Federal Ministry of Petroleum Resources  noting that it would reduce so much challenges faced by players in the sector.
According to him, it would help boost the economy, attract more local and foreign investors and engage thousands of unemployed graduates  in the country.
The conference was organized by the centre for Gas, Refining and Petrochemicals of the Institute of Petroleum studies, University of Port Harcourt.
The Director of the centre, Prof Godwin Igwe, said time has come for Nigeria to expand her benefits from the sector which he noted has a lot of potentials.
He stressed that one of the major issues confronting the country is the unemployment situation and urged oil firms to consider giving employment opportunities to the graduates of the centre to enable them contribute to the economy of Nigeria.
“Our refineries are still not producing enough of their installed capacities to meet the needs of the country, and our wealth is still flared up in smoke, creating environmental pollution havoc to our citizens, he said and called for standardisation in the style of operations in Nigeria.
He explained that the essence of the conference was to look at better ways of improving on standard, explore and expand potentials for Nigeria.
Managing consultant of PEJAD Nigeria Limited, Engr Tony Ogbuigwe described the theme of the conference, “Enhancing Employment and Development Opportunities through Gas, Petroleum Refining, petrochemicals and fertilizer Industries” as apt and a catalyst to development in the sector.
There are many opportunities for Nigeria to harness and maximize  in the petroleum value chain,” he said, stressing that if pursued, this will significantly improve the revenue streams from downstream sector as well as have multipher effects on the nation’s economy.

 

Chris Oluoh

Print Friendly, PDF & Email
Continue Reading

Oil & Energy

Stop Further Release Of Funds To HYPREP, Group Tells SPDC

Published

on

A Pan Ogoni youth organisation, under the auspices of Ogoni Youths Federation (OYF), has urged the Shell Petroleum Development Company, (SPDC) to stop release of funds meant for the implementation of the Ogoni clean-up project to the Hydrocarbon Pollution Remediation Project (HYPREP) in the 2020/2021 budget, until previous funds released are accounted for.
The body, in press statement signed by its National President, Comrade Legborsi Yaamabana, and made available to The Tide accused HYPREP of misappropriation of funds so far released for the Ogoni environmental clean up project, amounting to about $187m.
The statement which read in part, stated that: “after the release of the initial $10m by Shell, there were cases of misappropriation and diversion which prompted Ogoni youths, through the OYF to institute a legal action against the Federal Ministry of Environment and HYPREP to account for the funds.”
The group which regretted the manner by which the implementation of the Ogoni clean-up project was being executed, alleged that there was a “deliberate compromise of the emergency measures such as the provision of portable water for the Ogoni people, including the engagement of genuine stakeholders and proper representation of people at the grassroots, as well as creation of jobs for the displaced youths of Ogoni.”
The group also condemned what it described as,  “a spree of clean -up contract awards to firms of doubtful profiles and pedigrees in manner that appeared like political patronage,” and called on the Economic and Financial Crimes Commission (EFCC) to commence a forensic investigation of financial expenditure on the Ogoni clean-up project.
The  group declared that “the extreme politicisation of contract awards resulting in the exclusion of competent indigenous contractors from Ogoni is as insensitive as it is unacceptable.”

 

By: Taneh Beemene

Print Friendly, PDF & Email
Continue Reading

Oil & Energy

Oil Firm Executes Projects In Rivers Communities

Published

on

In a bid to improve the standard of living of the host communities, Eroton Oil Exploration and Production has executed some life-impacting projects in Bille and Krakrama communities of Rivers State.
Eroton E & P is a joint venture partner with the Nigeria National Petroleum Corporation (NNPC) in the operation of Oil Mining License (OML) 18 which until 2014 belonged to Shell in the Cawthine channels and areas around Asari-Toru Local Government Area of Rivers State.
Some of the projects executed in Bille include furnishing of the palace of Amanyanabo of Bille Kingdom and administrative block, renovation and equipping of a 6-bed health centre, installation of 10,000 litres borehole water scheme at Jike-Ama, installation of 10 solar panel street lights at Touma, donation of 50 plastic tables and 5000 plastic chairs for Bille women forum and construction of one-line drainage channel of 245 metres at Opu-Osia community, among others.
The Tide reports that the projects were executed under the GMoU platform managed by the Degema Local Government Area (DELGA) 1 Cluster Development Board (CDB).
Speaking at the event last Monday in Bille, Eroton E&P Community Affairs representative, Emmanuel Toby, appreciated the efforts of Bille community to keep peace in the Kingdom.
He said: “Its one area we see you utilise the funds we are giving and I will tell you the truth, any time you come forward with project, we look at it very well and we seem to bend, compared to other clusters”.
“This women empowerment thing we did, in other communities, we did not accept it because we are scared that the money will just go off. But for the trust we have in Bille, we have bent because we know you will manage it well. We are very grateful to your people, for the station has been peaceful”.

The chairman of DELGA 1 Cluster Development Board, Firimabo Bob Ogunga, thanked Eroton E&P for commissioning the sustainable community developments projects in the area, saying that some of the projects initiated through the GMoU platform have been completed while others were ongoing.

According to him, the ongoing projects include provision of laboratory equipment at community secondary school Bille, construction of 6-room concrete public toilet at Iwo Ama, Bille; training of three Bille indigenes in oil well compression and reservoiur engineering and provision of borehole water at Opu Billeboko Ama.

In his remarks, the chairman, Bille Kingdom Chiefs’ Council, Alabo Benneth Okpokiye Dokubo OPu commended Eroton for its efforts to lift the Bille community out of poverty of development.

Similarly, in Krakrama community, Eroton commissioned projects which include installation of 10,000 litres of water scheme split at three strategic locations, renovation and equipping of six class-room block for Community Secondary School, Krakrama, provision of 200 classroom desks and inscription of Joint Venture Logo for Krakrama Community Secondary School and women support scheme through provision of sewing machine and hair dressing items.

The Amayanabo of Krakrama, King Iwari Gibson Bala, who was represented by Chief Albert Light Dabobiongbo, lauded Eroton for improving the living standard of the community through people-oriented projects, assuring that the community would always keep faith with the company.

The Eroton Community Affairs representative, Emmanuel Toby, said that the company would continue to ensure that projects executed in the host communities were viable and sustainable on a long term basis, adding that the company would also continue to award scholarships to indigenes of Krakrama and Bille at secondary and tertiary levels of education, as well as in the area of medical outreach.

Print Friendly, PDF & Email
Continue Reading

Oil & Energy

Rep Seeks Waivers For Imported Power Equipment

Published

on

The House of Representatives Committee on Environment, has asked the Federal Government to consider granting duty waivers for imported power equipment such as solar panel, inverters, batteries, LED bulbs.
The Chairman of the committee, Johnson Oghuma, representing Etsako East/West Central in the Federal House of Representatives, stated this last Friday while speaking with journalists in Benin, Edo State.
He said the House had also mandated its committees on environment and climate Change to interface with the ministries of environment, finance, science and technology and the Energy Commission of Nigeria with a view to coming up with policies/programmes that would encourage alternative/renewable energy development to reduce global warming and report back within eight weeks for further legislative action.
He said creating the enabling environment for the adoption of Green Energy Technology through duty waivers would encourage wider access to solar energy in Nigeria, adding that it would lead to a reduction in the country’s carbon footprints in line with the global drive for a cleaner and healthier environment.
“In 2015, the world adopted the Paris Agreement on Climate Change, which is aimed at reducing global carbon footprints by 20 per cent. With Nigeria being one of the signatories means it is committed to the reduction of its carbon footprints substantially in line with this global drive for a cleaner and healthier environment.
“A few years later, there have been remarkable improvements and positive developments in the area of renewable energy with global investments increasing by 17 per cent and a rise in global electricity generation by 9.1 per cent,” he said.
The lawmaker also said “Providing the enabling environment will not only ensure increased access to more sources of the power supply but also encourage the transfer of renewable energy technology in Nigeria.”
According to him, the cost of renewable energy technologies, particularly solar technology in Nigeria, is still very expensive and out of the reach of ordinary Nigerians.
“We will appreciate the need for Nigeria to join the group of progressive countries working towards mitigating global warming by adopting alternative and renewable energy technologies,” Oghuma said.

Print Friendly, PDF & Email
Continue Reading

Trending