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Senate To Strengthen Gas Flare Laws …Set to Punish Nigerian Accomplices

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The Nigerian Senate has identified  the fact that if Nigeria must meet up with the  National Gas Flare-out Target  of January  2030, it must have a working legislation, equipped  with commensurate penalties for gas flaring  offences in the  nation.
The Senate has also made it clear that Nigerians who man the Petroleum Ministry and regulatory  agencies  are as much culpable to gas flaring offences as the  multinational oil companies  themselves.
These were part of issues raised  at plenary, as the Senate  considered a bill  titled: Gas Flaring ( Prohibition and Punishment  bill) 2016 sponsored by the Chairman, Senate Committee on Gas, Senator Bassey  Albert Akpan.
The bill among others seeks to address the inadequacies   of the 1979 Act;  bring gas flare penalty  in tune with current  economic  realities  and ensure the achievement of the National Flare out  Target of January  2030.
Sen Albert  Bassey in his lead debate  decried dangerous environmental and energy waste practices in the country’s petroleum industry.
Akpan  noted that the flaring of natural gas was one of the most dangerous environmental and energy waste practices in the country’s petroleum industry.
He said  that gas flaring had adverse effect on the environment and human health.
The lawmaker added that it had  resulted  in economic loss, deprived  the Federal Government of tax revenues and trade opportunities and  deprived consumers of  clean and cheaper energy source.
His words:  “Available data from the NNPC has shown that Nigeria lost billions in revenue last year. The volume of gas flared is sufficient to generate 3.5 megawatts of electricity. This is not to say the quantifiable  social health and environmental impacts
‘It appears that the euphoria of oil discovery and commencement of production in 1958 blinded Nigerians as there was no provision to handle gas in association with the oil.
Government neither stipulated any law nor guidance during the nascent period of our oil production history
“All efforts to stop the flaring of natural gas has not been effective and Nigerians have remained the victims of lack of Gas Flaring Prohibition Act,” he said.
According to the lawmaker ,the bill   when passed into law,  would help to provide a strong legal framework for effective monitoring and regulation of gas activities in line with current realities.
He stressed that the bill sought to ensure achievement of the national flare  out target of January 1, 2030 in line with the United Nations Charter.
In his contribution, the Chairman, Senate Committee on Finance, Sen. John Enoh, said it was disheartening that Nigeria was still battling with stopping gas flaring and called for the passage of the bill  in order to put strict measures in place to tackle the problems posed by the flaring of gas.
“We remain an amazing country especially  because since 1958 up till now,  we are still talking about  what to do about gas flaring. So we have  to put in measures to make it expensive to flare gas,” he said.
Senator Ben Murray Bruce lamented that  gas flaring has continued in Nigeria because the laws against the act are toothless and obnoxious.
Senator  Bruce noted that the practice thrived because  Nigerians who  man the ministries and regulatory  agencies are unpatriotic and either allow the foreign companies  flare the gas while they look the other way or allow them evade substantial punishment.
His words, ” Nobody ever pays attention  to these incompetent  people who should be protecting  Nigerians.
“I agree we go for the foreign companies  because they are very irresponsible  themselves  but we must deal with the issue of Nigerians who are not patriotic.  We must discuss the issue of punishing these Nigerians.”

 

Nneka Amaechi-Nnadi

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Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
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NPA Targets N1.489tn Revenue In 2026

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The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
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NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

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Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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