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FG Mulls Hike In Gas Exploration By 20%
The Nigerian Upstream Petroleum Regulatory Commission (NUPEC) has said Nigeria will deepen gas exploration by 20per cent by the end of the decade.
It also said the country was committed to energy transition plan with a plan to achieve net zero emissions by 2060.
The Executive Commissioner, NUPRC, Rose Ndong, made the revelation while speaking at the pre-conference workshop of the Nigerian Association of Petroleum Explorationists held in Lagos.
According to her, gas remains Nigeria’s transitional fuel, and that the country is on track to also increase exploration by 50per cent after the decade.
“Beyond the sad story of Nigeria not meeting up to its energy transition plan, I want to reassure everyone that we are actually in a good place. Nigeria is already transitioning before the COP26 because we have already signed the gas pact. We are therefore fully committed to reach net zero by 2060 by making sure that companies bring their gas to the market instead of flaring them. We definitely cannot abandon gas”, she said.
Nigeria’s current proven gas reserves stand at 208TCF, and 600TCF unproven reserves.
Group General Manager, NAPIMS, Bala Wunti, represented by the General Manager, Nigerian Petroleum Exchange, Andrew Grant, during his presentation at the annual pre-conference workshop of the Nigeria Association of Petroleum Explorationists held in Lagos, had said the world, Nigeria inclusive, would have little or no progress report on its energy transition efforts to present at the next COP27 meeting slated for Egypt in November.
According to him, Nigeria was currently not doing enough to achieve its 2060 commitment to net zero emissions and energy transition plan.
“Nigeria is working towards reducing our carbon footprints. We also have other things in that plan like the national forest policy, which aims to promote sustainable forest management because you know forests are very important in reducing carbon footprints.”
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RSG INAUGURATES ARMED FORCES REMEMBRANCE DAY COMMITTEE
The Rivers State Government has inaugurated a Central Planning Committee to organize the celebration of the 2026 Armed Forces Remembrance Day (AFRD) in the State.
The committee was formally inaugurated by the Secretary to the State Government, Dr. Benibo Anabraba in Port Harcourt, last Thursday.
Dr Anabraba who also serves as Chairman of the Committee
highlighted the State Government’s deep appreciation for the sacrifices of Nigeria’s fallen heroes who laid down their lives for the nation’s peace and unity.
“These heroes have given their lives for the security and peace of our nation and deserve to be celebrated. The Armed Forces Remembrance Day is an opportunity to show our gratitude for their sacrifice,” he said.
Dr. Anabraba further extended recognition to all Security Agencies in the State, emphasizing the importance of the event in appreciating their contributions to national security and sovereignty.
The annual Armed Forces Remembrance Day, observed on January 15 across the country is dedicated to remember Nigeria’s departed soldiers and honouring the nation’s veterans.
