Oil & Energy
Ogoni Clean-Up Fund Not For Sharing – MOSOP

The Movement for the Survival of Ogoni People (MOSOP) has said that the fund earmarked for the implementation of the Ogoni-clean up exercise as recommended by the United Nations Environment Programme (UNEP) is not for sharing among individuals as envisaged within some quarters.
President of MOSOP, Legborsi Pyagbara, disclosed this while speaking with newsmen in Port Harcourt at the weekend.
Pyagbara explained that the $10m released for the clean up exercise so far was meant to serve the intended objective and cautioned against speculations over alleged misappropriation of the fund.
Contrary to the views that the fund for the cleanup has been embezzled by some individuals,he said it would be impossible to emblezzle the fund because the account of the Ogoni Trust Fund operated on tripartite signatory; the Federal Government, International Oil Companies (IOCs) and Ogoni.
He also called on the people to disabuse their minds from the idea of sharing the funds meant for the Ogoni clean up exercise and on all stakeholders to ensure the successful implementation of the exercise.
According to the MOSOP president, there was a clear cut difference between the Bodo clean up process and Ogoni general environmental clean up program.
He pointed out that, while the Ogoni general clean up was an independent assessment of UNEP bothering on the restoration and remediation of the despoiled Ogoni environment, the Bodo clean up process came out of an instituted litigation and court process in London.
He further explained that the Bodo clean up process comprised of three critical components such as clean up, compensation and social investment.
Pyagbara called for the speedy implementation of the UNEP report on the Ogoni clean up in line with international best practices to alleviate the plight of the people.
Taneh Beemene
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Digital Technology Key To Nigeria’s Oil, Gas Future

Experts in the oil and gas industry have said that the adoption of digital technologies would tackle inefficiencies and drive sustainable growth in the energy sector.
With the theme of the symposium as ‘Transforming Energy: The Digital Evolution of Oil and Gas’, he gathering drew top industry players, media leaders, traditional rulers, students, and security officials for a wide-ranging dialogue on the future of Nigeria’s most vital industry.
Chairman of the Petroleum Technology Association of Nigeria (PETAN), Wole Ogunsanya, highlighted the role of digital solutions across exploration, drilling, production, and other oil services.
Represented by the Vice Chairman, Obi Uzu, Ogunsanya noted that Nigeria’s oil production had risen to about 1.7 million barrels per day and was expected to reach two million barrels soon.
Ogunsanya emphasised that increased production would strengthen the naira and fund key infrastructure projects, such as railway networks connecting Lagos to northern, eastern, and southern Nigeria, without excessive borrowing.
He stressed the importance of using oil revenue to sustain national development rather than relying heavily on loans, which undermine financial independence.
Comparing Nigeria to Norway, Ogunsanya explained how the Nordic country had prudently saved and invested oil earnings into education, infrastructure, and long-term development, in contrast to the nation’s monthly revenue distribution system.
Chief Executive Officer (CEO) and Executive Secretary of the Major Energies Marketers Association of Nigeria (MEMAN), Clement Using, represented by the Secretary of the Association, Ms Ogechi Nkwoji, highlighted the urgent need for stakeholders and regulators in the sector to embrace digital technologies.
According to him, digital evolution can boost operational efficiency, reduce costs, enhance safety, and align with sustainability goals.
Isong pointed out that the downstream energy sector forms the backbone of Nigeria’s economy saying “When the downstream system functions well, commerce thrives, hospitals operate, and markets stay open. When it fails, chaos and hardship follow immediately,” he said.
He identified challenges such as price volatility, equipment failures, fuel losses, fraud, and environmental risks, linking them to aging infrastructure, poor record-keeping, and skill gaps.
According to Isong, the solution lies in integrated digital tools such as sensors, automation, analytics, and secure transaction systems to monitor refining, storage, distribution, and retail activities.
He highlighted key technologies including IoT forecourt automation for real-time pump activity and sales tracking, remote pricing and reconciliation systems at retail fuel stations, AI-powered pipeline leak detection, terminal automation for depot operations, digital tank gauging, and predictive maintenance.
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