Business
NGOs Okay SNEPCo’s Spill Clean-Up Strategy
Key non-governmental organisations in Nigeria have given a clear backing to the strategy adopted by Shell Nigeria Exploration and Production Company (SNEPCo) in the clean-up of the December 20, 2011 oil spill on its Bonga Floating, Production, Storage and Offloading (FPSO) facility offshore Niger Delta.
Bonga had spilled about 40,000 barrels of oil into the deep-water aquifers some 200 kilometres offshore Warri, Delta State, following an unexpected leak from a flexible export line linking the FPSO vessel to the tanker, loading crude from the facility.
Speaking shortly after an assessment tour of the facility and the deep-water environment, last Thursday in Port Harcourt, President, Nigeria Conservation Foundation, Prof Emmanuel Obot, confirmed that Shell’s claim of effectively deploying dispersants to contain the crude spilled into the water body was true, and affirmed that the spill has been dispersed.
Obot, who is also the chief executive of the International Union for Conservation of Nature and Nature Resources (IUCN) in Nigeria, said although the spill has been dispersed, it was difficult at this time to determine the extent of damage to biodiversity because of the swift response to the clean-up exercise and the short stay of the spill on the water body.
The NCF chief executive officer commended Shell for rising up to the occasion by deploying all necessary equipment and mobilising expert manpower from across the globe to clamp the leak, and isolate the tanker.
While cautioning Shell to guard against any reoccurrence in the near future in order not to dampen hope in the dependence and reliability of the abundant hydrocarbon resources in the deep-water area, Obot urged operators in the deep-water horizon, especially Shell to ensure that products that meet international standards are used in their operation.
Short of indicting Shell for allowing the use of substandard products in the crude loading process offshore, the IUCN representative cautioned that equipment failure should never be tolerated as such could result in massive destruction of biodiversity, huge revenue loss, as well as dangerous exposure of workers to unwanted death and or injury.
Other experts with specialty on environmental sustainability, who participated in the tour, are Dr Tony Chovwen of Living Earth Foundation, Gogo Ubulom of Pro Natura International Nigeria, a representative of CLEAN Nigeria Associates and two representatives of Coalition of Civil Society Organisations (CCSOs) in the Niger Delta region with interest on environmental issues management.
With headquarters in Gland, Switzerland, the IUCN was founded in October, 1948, as an international organisation dedicated to finding “pragmatic solutions to our most pressing environment and development challenges.”
It supports scientific research, manages field projects all over the world and brings governments, non-government organisations, United Nations agencies, companies and local communities together to develop and implement policy, laws and best practice.
IUCN is the world’s oldest and largest global environmental network – a democratic membership union with more than 1,000 government and NGO member organisations, and almost 11,000 volunteer scientists in more than 160 countries, and more than 1,000 professional staff in 60 offices and hundreds of partners in public, NGO and private sectors around the world.
IUCN’s stated vision is to create “a just world that values and conserves nature” while its mission is to “influence, encourage and assist societies throughout the world to conserve the integrity and biodiversity of nature and to ensure that any use of natural resources is equitable and ecologically sustainable.”
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
Business
AFAN Unveils Plans To Boost Food Production In 2026
-
News4 days agoOji Clears Air On Appointment Of 15 Special Advisers By Fubara
-
News4 days agoNigeria Has Woken Up From Slumber Under Tinubu – Shettima
-
Featured4 days agoRivers: Impeachment Moves Against Fubara, Deputy Hits Rock …As CJ Declines Setting Up Panel
-
News4 days ago
Nigeria To Begin Exporting Urea In 2028 -NMDPRA
-
City Crime4 days ago
Health Commissioner Extols Fubara’s Commitment To Community Healthcare Delivery
-
News4 days agoKing Jaja Impacted Beyond Rivers -Deputy Gov
-
News4 days agoRivers Unveils Innovation Hub To Empower Youths, Curb Unemployment
-
News4 days ago
US – Nigeria Security Engagement Translating Into Tangible Operational Gains – NSA
