Oil & Energy
INDCs: Environmentalist Urges FG To Curb Gas Flaring
An environmentalist, Mr
Atayi Babs, has urged the Federal Government to include detail action plans on how to stop gas flaring in the country’s Intended National Determined Contributions (INDCs).
Babs told newsmen in Abuja on Thursday that the country should take proactive measures to curb gas flaring.
He said that Nigeria should beat the deadline for submission of the INDCs in October to outline its national targets on how to address the challenge of climate change.
The INDCs, under UN Framework Convention on Climate Change (UNFCCC), require countries across the globe to be committed to creating a new international climate agreement.
The agreement is expected to be reached at the conclusion of the Paris Climate Summit coming up in December 2015.
However, countries agreed to publicly outline what actions they intend to take to address climate change under a global agreement before the Paris Summit by March 2015, at previous climate negotiations.
The environmentalist said that Nigeria had been focusing on adaptation programmes, noting that the country should come up with mitigation compliance in its INDCs.
“The Ministry of Environment should make it a core issue beyond that, mitigation strategy needs to come on board.
“We know the sources of our emission because we are still contributing to the warming of the planet and one major area we are doing so is in oil and gas.
“Nigeria is among the leading countries when it comes to gas flaring and we must take proactive measures to curb it, “ he said.
He said even though the Petroleum Industry Bill (PIB) encompasses some plans to curtail gas flaring in the country, it will not be sufficient to address gas flaring.
He said that the country should look beyond the bill and also come with a plan to address oil spillage which, he said had wrecked many communities in the Niger Delta.
Babs, who is also the National Network Coordinator for Climate Change Sustainable Development, a Non-Governmental Organisation (CSDevNet), urged the media to give adequate coverage to environmental issues.
He, however, said that one of the member organisations of CSDevNet, Journalists for Climate Change, said that the group would soon establish the first West African online newspaper on climate and environment issues.
“This online newspaper is going to be the first in our regiom region; it is going to cover issues on climate change and environment across West Africa.
“The online platform is coming to give West African reporters the lead way, the avenue to publish stories that the traditional media will not be able to publish.
“It will do a lot of investigative piece on climate change advocacy, adaptation and mitigation strategy across the sub-region on the impact, success and failures of our government in accessing climate finance.
“It will also do in-depth analysis and interviews on every aspect of climate change that is going on and there will be a page dedicated to road to Paris.
“It is timely because it will be an avenue for West Africa to be carried along on the way to the 21st Conference of Parties (COP) on Climate Change in Paris,’’ he said.
Oil & Energy
AEDC Confirms Workforce Shake-up …..Says It’ll Ensure Better Service Delivery
As part of the restructuring, the company said it had promoted high-performing employees, released retiring staff, and disengaged others whose performance fell below expected standards.
It added that it has also begun implementing a comprehensive employee development and customer management plan to strengthen its service delivery framework.
“In line with its corporate transformation strategy, Abuja Electricity Distribution Company has announced a restructuring exercise aimed at delivering improved services to its customers as well as enhanced operational efficiency and excellence.
“The restructuring is in line with our strategic direction to become a more responsive and efficient organisation, capable of delivering world-class service to our customers.
“As part of the transformation, the Company has promoted high-performing staff, released retiring employees and those performing below par, and has put in motion the implementation of a robust employee development and customer management plan aimed at driving AEDC’s customer-centric focus,” the company said.
AEDC noted that the reforms are part of its broader commitment to provide reliable, safe, and sustainable electricity to customers across its franchise areas, including the Federal Capital Territory and the states of Niger, Kogi, and Nasarawa.
The firm further pledged to continue investing in infrastructure upgrades, digital technologies, and operational innovations to improve service reliability and customer satisfaction.
“With a strong commitment to delighting its customers, AEDC continues to contribute to the growth and development of Nigeria’s energy sector through investments in infrastructure, innovative technologies, and sustainable practices.
“AEDC consistently seeks to improve the quality of life for its customers, promote efficient energy usage, and actively engage with its communities,” the statement added.
Oil & Energy
Economic Prosperity: OPEC Sues For Increase In Local Crude Oil Refining
Oil & Energy
Senate Seeks Mandate To Track, Trace, Recover Stolen Crude Oil Proceeds
Nwoko who is also the Senator representing Delta North Senatorial District, said that forensic reviews show over S22b, S81b and S200b remained unaccounted for across different audit periods.
“I remain committed, alongside my colleagues, to ensuring accountability, recovery, and reform within the oil and gas sector.
Nwoko stated that the Committee had earlier presented its interim report before the senate saying “Our investigation has so far uncovered massive revenue losses amounting to over $300 billion in unaccounted crude oil proceeds over the years.
“This represents one of the most troubling cases of economic sabotage our nation has ever faced.
“We have made far-reaching recommendations to end this long-standing menace.
“There is need for strict enforcement of international crude oil measurement standards at all production and export points.
He urged the federal government to mandate the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to deploy modern, tamper-proof measuring technology or return this function to the Department of Weights and Measures under the Ministry of Industry, Trade, and Investment.
The senator called for the deployment of advanced surveillance systems, including drones, to assist security agencies in combating oil theft.
He also called for the creation of a Special Court for Crude Oil Theft to ensure swift prosecution of offenders and their collaborators, saying it would also go a long way in tackling the challenge.
“We must also ensure the full implementation of the Host Communities Development Trust Fund under the Petroleum Industry Act (PIA) to empower local communities and reduce sabotage.
“Ceding abandoned oil wells to the NUPRC for allocation to modular refineries to support local production and job creation is also very vital in fighting the menace of oil theft and sabotage,” Nwoko further said.
