Business
Niger Delta: EU Sungas Project To Cost N460m
The European Union (EU) has launched a sustainable utilisation of gas and renewable energy resources in the Nigeria Delta Region of Nigeria. The Project, estimated to cost N460 million and tagged EU Sungas is to be funded by the European Union and would be implemented by the United Kingdom based International Institute for Energy Development (IIED).
The Tide gathered that the project seeks to improve access to energy by Nigeria’s citizens from renewable and non renewable sources.
The overall objectives of the project is to contribute to the reduction of poverty and conflict and achievement of the millennium development Goals and the Nigerian government’s goal of National Vision 20/20 by enhancing the potential for Nigeria to resolve its energy crisis using its own energy resources in a sustainable manner.
This project is also in line with the seven-point agenda of the current administration of the federal republic of Nigeria and will contribute to the reduction of the impact of climate change in the Niger Delta region.
The project our source further social would be managed by a group of three national Non Gpvernmental Organisation namely Social Development Integrated Centre, Niger Delta Wetlands Centre and the Living Earth Nigeria Foundation, and International NGO, under the leadership of the UK based IIED.
At the end of the project, it is expected that a reformed policy framework to promote sustainable utilisation of gas flaring for community based electricity provision and energy will be developed. In addition, a community based demonstration project for utilization of flared gas to generate electricity for household and enterprise consumption, support to public services in the target communities and five community based renewable energy facilities. The product would work on scaling up the replicating lessons and successes of the pilot initiatives in order to satisfy the energy service requirements of communities in the Niger Delta.
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