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Mankind Set To Mark World Earth Day …As Concerns Over The Earth’s Future Persist

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Rivers State will on the 22nd of this month joined the rest of the world to commemorate the 2021 World Earth Day.
The United Nations had set aside 22nd of April every year as World Earth Day. Theme for this year celebration is “Restore our Earth”.
According to the United Nations Environment programme (UNEP) the theme “focuses on natural processes emerging green technologies and innovative thinking that can restore the world ecosystem.
The celebration is significant in many ways especially given the myriad of environmental challenges confronting humanity.
The emission of hydrocarbon into the atmosphere has continued to deplet the zone layer, while increased in temperature has caused more ice to melt, thereby leading to surgeing occean.
The surge in ocean has led to the disappearance of some islands. Even the Niger Delta is facing serious threat from the rising water level. Last year, a reknown educationist in Rivers State professor Uriel Etawo told The Tide that given the current surge in ocean level some islands in the Niger Delta may not survive beyond fifty years.
The region is also facing serious environmental problem from the hydrocarbon industry much of its mangrove forests are gone, while some marine organisms indigenous to the region are rarely to be seen these days.
The black soot and perrenial erosion are adding to the environmental woes of the region.
Meanwhile some stake holders have raised concern over the future of the earth given the myriads of environmental problems facing it.
Across session of stakeholders who spoke to The Tide on the celebration said the planeth Earth faces a bleak future if human activities against the environment are not checked.
They also urged for conscious efforts to revegetate the Niger Delta Environment. Some of them who spoke to The Tide in Port Harcourt on the celebration also urged for laws to end gas flaring in the region.
State Actng Director of the National Orientation Agency (NOA) Barrister young Ayotamunu said much of the atmosphere has been lost to climate change.
“We need to now remediating whatever we have lost for us, revegetating our environment should start immediately.
“Anything that can be done by both the government and civil society organizations should be done” he said.
The NOA Director who blamed the depletion of the ozone layer on fossil fuel said efforts should be intensified to reduce carbon emission into the atmosphere.
Also speaking, Mr Dennis Oluwole, said the Earth is being threatened by lot of activities.
“We see that a lot of things are actually threatening the earth.
People are afraid that a big Asteroid may one day hit the earth”.
He said the part of Ozone layer destroyed by climate change is bigger than some parts of west Africa, adding that since climate change has gone beyond human solution, humanity must learn how to live with it .
“Since man cannot stop it, we have to adapt to it.
Oluwole who is a consultant to the United Nations children fund (UNICEF) also said the rise in temperature has led to increased in melting of ice adding that these has resulted to devastating flooding across the world.
He stressed the need for the human race to check its activities, adding that people should be taught the art of good waste management strategies, while building along water right of ways should be checked.
Another environmentalist Miss Blessing Digbani said the celebration should provide opportunity for policy makes across the world to formulate appropriate policies to check carbon emission.
She also called on governments in the Niger Delta to ensure that activities of illegal oil bunkerers are reduced.
National publicity secretary of the Nigerian minning and geosciences society (NM?) Prosper Ogbunie said the celebration calls for collective effort to protect the earth from destruction.
“World Earth Day with the Theme “Restore our Earth calls for collective support for environmental protection of the Earth due to the adverse effect of climate change”
Ogbunie who was former Port Harcourt chapter President of the society said achieving a healthy earth can be done by reforestation, cleaning up of spills sites as well as proper regulation of mining, drilling, and telecommunications construction activities.
Other respondents also called for action to check all forms of environmental pollution.
Therefore as the world celebrates, this is the time for humanities to riseup and save the Earth from destruction.

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RSG Ready For 2030 Digital Transformation

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The Permanent Secretary, Rivers State  Information and Communications Technology (ICT) Department, Mrs. Elizabeth Akani, has said the State Government was set to meet up the 2030 target of the Federal Government towards the actualization of digital economy.
Akani said this at the Rivers State Sensitization Workshops on The Adoption of Nigeria Start-up Act and National Digital Literacy framework (NDLF), in Port Harcourt, weekend.
She noted that the State was ready for both the adoption and domestication of the Act.
According to her, up to 90-95% preparation have been fully covered by the state in readiness to welcoming the digital economy Act.
“Stakeholders talked about adoption and domestication of the Act, it was fruitful. The draft has been sent to the government”, she said.
She also noted that the move was in line with the digital transformation plan of the state and the country at large.
The Convener, Start South, Mr. Uche Aniche, who made case for full ICT Ministry for the state, said such will command the needed growth in the system.
Aniche stated that until they attained the lofty height, all about Tech-knowledge and growth may not fall in place as expected.
Other tech-operators, such as the Code Garden Chief Executive Officer, Mr. Wilfred Wegwu, who welcomed the idea, said it must be done in the nearest future.
Wegwu noted that technology has taken over the world at present, adding that government at all levels needed to key into the system.
He also stated that the system play major roles in various spheres of life, including relationships and collaboration.
He also revealed that the system now was up to forth Industrial Revolution (4IR), according to global shift ranking.
It will be recalled that the State Government has recently ordered to construct ICT centres across the 23 Local Government Area of the state in order to meet up the yearnings of the technology world.
By: King Onunwor
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Industry Braces For Glut And Investor Demands

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The oil and gas industry is in for a tough year ahead, as it must balance financial discipline, shareholder returns, and long-term investments in the sustainability of the business—while navigating a hypothetical glut.
The warning comes from Wood Mackenzie, which said in a new report that the industry was faced with conflicting trends over the next year that would make decision-making challenging. Among these is an expectation that the market would tip into an oversupply, pressuring prices, while the demand outlook for oil over the long term brightens up, motivating more investments.
“Oil and gas companies are caught between competing pressures as they plan for 2026. Near-term price downside risks clash with the need to extend hydrocarbon portfolios into the next decade. Meanwhile, shareholder return of capital and balance sheet discipline will constrain reinvestment rates,” Wood Mackenzie’s senior vice president of corporate research, Tom Ellacott, said.
The executive added that investors would also influence decisions, as they continue to prioritize short-term returns over long-term investments. This last part, at least, is not unusual in the current investment environment across industries. It could, however, make life even more difficult for oil and gas companies for a while.
The glut that Wood Mackenzie analysts expect is the same glut that the International Energy Agency has been expecting for a while now. Yet that very same International Energy Agency earlier this month issued a warning on the longer-term security of global oil supply, saying the industry needed to step up investment in new production because natural depletion at mature fields was progressing faster than previously assumed.
Per the report, if the industry has to maintain current levels of oil and gas production, more than 45 million barrels per day of oil and around 2,000 billion cu m of natural gas would be needed in 2050 from new conventional fields. It’s worth noting that this is maintenance of current production levels, assuming demand will not rise, which is a risky assumption.
Even with projects ramping up and new ones approved for development and not yet in production, a large gap still exists “that would need to be filled by new conventional oil and gas projects to maintain production at current levels, although the amounts needed could be reduced if oil and gas demand were to come down,” the IEA said.
However, demand could just as well increase, heightening the degree of uncertainty in the industry and making long-term planning even more challenging—especially for companies with higher debt-to-equity ratios. Wood Mackenzie expects those with gearing of above 35% would prioritise resilience over long-term growth, while those with better debt positions would turn to divestments and asset acquisitions to improve the quality of their portfolio.
Share buybacks will also remain on the oil industry’s table as a favorite tool for making shareholders happy, although, Wood Mac notes, these tend to dry up when oil slips below $50 per barrel. Interestingly, the analytics company does not seem to factor into its analysis a scenario where prices might go up instead of down, especially now that President Trump has signaled he would be willing to step up pressure on Russia to bring a swifter end to the war in Ukraine.
If prices do rise, for whatever reason, including failure of the massive 3-million-bpd glut that the IEA predicted to materialize, then the immediate outlook for the oil and gas industry becomes different—but not too different. Companies have already demonstrated they would not return to their old ways of splurging when times were good and tightening belts when times were bad. They would likely stick to spending caution and shareholder return prioritization, regardless of prices.
By Irina Slav
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ECN Commences 7MW Solar Power Project In AKTH

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As a landmark intervention designed to guarantee uninterrupted electricity supply, the Energy Commission of Nigeria (ECN), has commenced a 7MW solar power project at the Aminu Kano Teaching Hospital (AKTH)
The project is the outcome of ECN’s comprehensive energy audit and strategic planning, which exposed the unsustainable cost of diesel and the risks associated with AKTH’s dependence on the national grid.
Working in close collaboration with the Federal Ministry of Innovation, Science, and Technology under the coordinating leadership of Chief Uche Nnaji, the ECN planned and executed this critical project to secure the hospital’s energy future.
The Director – General, ECN, Dr. Mustapha Abullahi, said “the timing of this intervention could not be more crucial” recalling that only days ago, AKTH suffered prolonged power outages that tragically claimed lives in its Intensive Care Unit.
“That painful incident has strengthened our resolve. With this solar installation, we are ensuring that such tragedies are prevented in the future and that critical medical services can operate without fear of disruption”.
Abdullahi stated that the project is a clear demonstration of the Renewed Hope Agenda of President Bola Ahmed Tinubu in action and reflects ECN’s commitment to making Nigeria’s energy transition people-centered, where hospitals, schools, and other essential institutions thrive on reliable, clean, and sustainable power.
The ECN boss further reaffirmed ECN’s commitment to continued deployment of innovative energy solutions across the nation.
“This is not just about powering institutions; it is about saving lives, restoring confidence, and securing a brighter future for Nigerians”, he stated.
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