Business
Shell Spends $2bn To Reduce Gas Flaring
The Shell Petroleum Development Company (SPDC), says work has started on 26 flow stations in the Niger Delta, worth two billion dollars to reduce gas flaring.
A statement signed by the SPDC Spokesman, Mr Precious Okolobo, in Lagos on Wednesday, said the projects were those previously delayed by funding or as a result of security problems in the region.
It said the scope of the project included upgrading or replacing existing gas gathering facilities or installing of Associated Gas Gathering (AGG) equipment at flowstations that were not yet covered.
“The gas will then be available for use in power stations and by industries.
“SPDC is also working with interested third parties who require gas for power and for industrial purposes,’’ the statement said.
The Managing Director of SPDC, Mr Mutiu Sunmonu, was quoted as saying that SPDC was pleased to be able to restart work on delayed projects and to begin new ones to further reduce gas flaring in its operations to the lowest practical volume.
He said that if security and funding conditions permitted, there was a real chance to progress the flaring reduction plans through the key projects.
“SPDC has already spent more than three billion dollars on installing AGG infrastructure at 32 flowstations, covering about half of its production potential.
“It is important to emphasise that, as elsewhere in the industry around the world, even when we have associated gas gathering facilities, a small amount of gas flaring at production sites will always be required for technical, safety and maintenance reasons,” Sunmonu said.
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
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