Business
Group Tasks Firms On Renewable Energy
A Non Governmental Organisation, the Environmental Rights Action/Friends of the Earth, Nigeria (ERA/FoEN) has urged energy firms operating in the Niger Delta region to intensify research efforts into renewable and non-fossil fuels.
Head of Field Operations at ERA/FoEN, Mr Alagoa Morris, made the call in Yenagoa while speaking to newsmen.
Morris said there was the need to diversify the nation’s energy mix and reduce the emphasis on oil and gas prospecting due to their adverse effects on the ecosystem.
He frowned at indiscriminate seismic activities by oil firms in the residential area in Yenagoa.
This has been ongoing in Yenagoa in the past two months.
ERA/FoEN, in a reaction to the development, noted that the aggressive search for oil in residential areas was ill-advised.
According to Morris, the present convention is to develop alternative energy sources that are environmentally friendly.
The group said the sound of explosives creates panic among residents and wondered why there was no sensitization to enlighten residents and assure them of safety.
He said some residents, who expressed their concerns on the oil exploration activities told the NGO that seismic cables traversed their houses and often disrupted their social and economic activities.
Hear him “the residents express fears that if oil was struck, they may be compelled to relocate. Some residents, however, expressed optimism that if crude oil/gas is found on their land, it would bring fortune to them.
“ERA/FoEN: a Non- Governmental OrganiSation observed that the seismic cables were laid at the doorsteps of some residences, shops/business environment, roadsides and even in the middle of roads in Yenagoa.
“It is unimaginable that while the world is progressively shifting away from fossil energy, to developing renewable energy; the Federal Government and Shell are still exploring crude oil and gas.
“The explosives detonated during the search for oil was responsible for the earth tremor incidents reported by ERA last year.’’
He urged the federal government and oil firms to leave the oil/gas in the soil and go for the renewable sources of energy.
This advice, he said became necessary, considering the social and environmental conflicts and injustices associated with fossil energy.
“Government should protect the rights of Nigerians to live and go about their businesses in an environment conducive to their development in line with Article 24 of African Charter on Human and People’s Right.
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FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
“The approved selling prices are as follows: One-bedroom semi-detached bungalow, N8.5 million; two-bedroom semi-detached bungalow: N11.5 million and three-bedroom semi-detached bungalow, N12.5 million,” the statement added.
Minister of Housing and Urban Development, Ahmed Dangiwa, stated that priority in the allocation of the housing units would be given to low and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.
The Permanent Secretary in the ministry, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and installment payment plans.
The ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence.
“Applications can be made through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.
The ministry, however, clarified that the approved prices apply strictly to the Renewed Hope Housing Estates which are funded through the ministry’s budgetary allocation, as against the Renewed Hope Cities in Karsana Abuja, Janguza Kano, Ibeju Lekki, Lagos which are being funded through a Public Private Partnership (PPP).
