Connect with us

Business

Abia Communities Protest Over Nsulu Aurport Project  … Allege Exposure To Farmland Extinction 

Published

on

Some communities in Nsulu, Isiala Ngwa North Local Government Area of Abia State have protested against the proposed citing of Abia Airport in their villages, alleging that the project would leave inhabitants with no place to farm to feed their families.
The communities that are in protest are Ikputu, Umuikeocha Umuode, Umuezeukwu, Umuogu, Uwaoma/Ikoo Umuosu, Umuata Umuosu, Umule Umuosu, Okpulorukwu Umuosu, Umuodeche, Ubaha, Umuala, Umuezenta Nbawsi, Mbubo, and Umuomainta Nbawsi, who are said to be owners of the hectares of land acquired at different times, including the space for the  new proposed “Abia Airport Project”.
They argued that an Airport cannot be sited on a heavily populated community, without consideration for its Environmental Impact Assessment (EIA).
 The communities also claimed that their buildings being marked for demolition with their ancestral homes, shrines, churches, natural features and their forefathers’ graves being marked with their only sources of livelihood (small farm lands) less than 2km being purportedly marked for Airport project while other suitable areas had already been acquired from the same people by previous administration.
They warned that their objection to the present location, if ignored, would amount to the destruction of communities, and lead to irreparable damages.
Counsel to the communities, Mr. Sylvester Okonkwo, in petitions to the Minister of Aviation and Aerospace, Inspector General of Police, Director General of Department of State Service (DSS), National Security Adviser (NSA), also said they were not opposed to the airport project, but that an area already earmarked should be used, instead of citing such a project in densely populated area with its attendant health implications for the helpless inhabitants.
 “Several years ago, the then Government of Imo State, which then included the areas covered by what is today known as and called Abia State, under Governor Sam Mbakwe, in an effort to develop an airport for the state, acquired a large/expanse of land at Owerrinta in Isiala Ngwa South Local Government Area and later abandoned it when approval was given, and relocated the airport to the present location at Ngor Okpala, near Owerri.
“Those lands acquired by the then Imo State Government, now at Owerrinta In Isiala Ngwa South LGA of Abia State, are still available for use by Governor Alex Otti today.
“In 2015 and 2022, the Government of Abla State under the administration of Okezie Ikpeazu, came up with the idea of building an Airport for Abia State and in this regard, acquired another expanse of land spanning to Umuode Nsulu, Ikputu Nsulu, Umuodeche Nsulu, Umuogu and Umuezeukwu Nsulu, etcetera, in Isiala Ngwa North Local Government Area.
“Much of the land belonged to our clients and voluntarily given up by them, wherein C of O was issued by the Abia State Government and approval issued from the office of the Ministry of Aviation for the building of the Abia Airstrip.
“This vast area of land is still acquired, and largely uninhabited, and if the Governor wants to bulld an International Airport, this land is still available for use by the Governor, and is most appropriate due to its zero per cent on the Environmental Impact Assessment, EIA.
“However, it is worthy of note sir, that our clients are not against the building of the said airport by the Federal Government and Abia state Government, but queries the yardstick upon which the highly respected office of the Ministry of Aviation will close its eyes to the relocation of the approved site to a new place in Nsulu.
“Our clients are groaning with agony, which are not selfish but based on verifiable issues that an Airport cannot be sited on a heavily populated community, without consideration of its EIA and their buildings being marked for demolition with their ancestral homes, shrines, churches and natural features and their forefathers’ graves being marked with their only sources of livelihood (small farm lands) less than 2km being purportedly marked for Airport project while other suitable areas had already been acquired from the same people by previous administration”, the petition reads.
Continue Reading

Business

Coy Strengthens Commitment To Nigeria’s Energy Future

Published

on

Genesis Energy Group, a provider of integrated power solutions, has strengthened its commitment to the future of Nigeria’s energy infrastructure after hosting Governor Dikko Radda of Katsina State on a landmark visit to its Lagos and Port Harcourt facilities.
According to a statement, the visit highlighted the growing collaboration between state governments and private sector players in addressing Nigeria’s persistent energy challenges.
Governor Radda toured Genesis Energy’s 84 MW off-grid power plant at the Port Harcourt Refinery, the largest licensed facility of its kind in Nigeria.
The statement noted that the facility plays a crucial role in providing a stable and efficient power supply to key industrial establishments, reinforcing Genesis Energy’s leadership in sustainable energy solutions.
Following the refinery visit, the Governor proceeded to its Lagos power plant on Banana Island, Ikoyi, which includes 2×7.5MVA and 15MVA Injection Substations operating at 33/11KV.
The company explained that the facility ensures an uninterrupted electricity supply to both commercial and residential areas, further establishing Genesis Energy as a trusted provider of reliable power solutions.
Commending the company’s technological capabilities and operational excellence, Governor Radda said, “I am highly impressed with what I have seen.
“The company has exhibited remarkable expertise in power generation, with its turbine system running at full capacity for over a decade. Their electricity distribution process and service efficiency demonstrate their ability to execute large-scale power projects in Nigeria”.
The visit also allowed discussions on potential partnerships between the Katsina State government and Genesis Energy to enhance energy access and industrial growth in the region. Governor Radda acknowledged the company’s capacity to contribute meaningfully to Nigeria’s energy transformation.
On his part, the Executive Vice President of Operations and Maintenance at Genesis Energy Group, Simon Shaibu, emphasised the company’s dedication to driving innovation and strategic partnerships in the energy sector.
He said, “At Genesis Energy, we firmly believe that collaboration is key to unlocking Nigeria’s vast energy potential. As we continue expanding and innovating, we remain committed to supporting industries, fostering economic growth, and shaping a more sustainable energy landscape.
“The company remains committed to advancing national energy objectives through strategic investments in sustainable power infrastructure, further positioning itself as a leader in the transformation of Nigeria’s energy landscape”.
Continue Reading

Business

PETROAN Accuses Crude Oil Producers Of Diverting 500,000bpd Refineries-Bound Product 

Published

on

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has alleged that oil producers were diverting 500,000 barrels per day (bpd) of crude oil intended for local refineries.
The claim was made public on Wednesday amid ongoing discussions about the challenges facing Nigeria’s refining sector.
The association’s publicity secretary, Joseph Obele, who made this known, emphasised that the diversion of the crude allocations has led to the abandonment of many refineries, which were struggling to operate due to insufficient feedstock.
Obele accused oil producers of prioritising quick foreign exchange gains over compliance with domestic supply obligations.
The PETROAN spokesman commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for recently banning the export of crude oil allocated for domestic refining, a move they believed will enhance local refining capabilities and reduce the nation’s reliance on imported petroleum products.
He said, “Approximately 500,000 barrels of crude oil per day are allocated for domestic refining, but these volumes often find their way to the international market”.
The situation has prompted calls for immediate action against both producers and companies that fail to adhere to the new regulations.
The issue has sparked a heated debate among industry stakeholders. While oil producers argue that local refineries often do not meet commercial terms, refiners counter that producers are neglecting their supply commitments in favour of international markets.
This ongoing blame game complicates efforts to stabilize local crude supply and improve refinery operations.
PETROAN’s national president, Billy Gillis-Harry, urged swift enforcement of the export ban to ensure that local refineries receive their fair share of crude oil.
He expressed optimism that this policy could lead to a more self-sufficient refining sector in Nigeria, ultimately benefiting consumers through reduced prices and improved product availability.

Continue Reading

Business

FG Targets Reduction In External Borrowing 

Published

on

The Federal Government has said it is committed to reducing reliance on external debt financing and promoting private sector-driven economic growth as part of its strategy for long-term fiscal stability.
The Minister of Finance and Coordinating Minister of the economy, Wale Edun, who made this known during a meeting with World Bank executive director, Dr. Zainab Shamsuna Ahmed, emphasised Nigeria’s shift towards alternative financing sources and investment-friendly policies.
He acknowledged the World Bank’s role in Nigeria’s development but stressed that the government is prioritizing a business-friendly environment to encourage private-sector investments.
“Our focus is on reducing dependency on external borrowing while ensuring that Nigeria’s economic policies foster long-term, private-sector-led growth”, he stated.
In his response, Dr. Ahmed, who previously served as Nigeria’s Minister of Finance, commended the country’s ongoing macroeconomic reforms, which she said have boosted fiscal stability and investor confidence.
Ahmed also noted the World Bank’s recent financial reforms, which have increased its lending capacity, making an additional $150 billion available over the next decade.
A key highlight of the meeting was Nigeria’s role in “Mission 300”, the World Bank’s initiative to provide electricity access to 300 million Africans.
Edun reaffirmed that power infrastructure remains a top priority for the government, as it is critical to economic growth, industrial expansion, and private-sector competitiveness.
“Electricity access is a game-changer for Nigeria’s economy, and we are committed to playing a leading role in Mission 300 to ensure sustainable development”, he said.
He further emphasised that President Bola Tinubu remains dedicated to strengthening Nigeria’s economic foundation, shifting away from external borrowing, and fostering a resilient, investment-driven economy.

Continue Reading

Trending