Business
‘It is Impossible To Phase Out Fossil Fuel’ – Unions
Unions in the oil and
gas sector of Nigeria’s economy on Thursday said it was impossible to phase out fossil fuel such as petroleum, coal and natural gas in a decade.
The unions, Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) made this known in separate interviews with newsmen in Lagos.
The unions were reacting to a statement by some researchers in the U.K that Nigeria and other crude oil producing countries should intensify efforts towards alternative source of energy and foreign exchange.
According to the researchers, in the next 10 years Petroleum, Coal and Natural Gas would no longer be in use if alternative source of energy was not produced.
In his view, Mr Joseph Ogbebor, NUPENG General Secretary, said that the only alternative source of energy and power supply was nuclear, which the country did not have.
“It is impossible to phase out petroleum, coal or gas in Nigeria because that is our only source of energy.
“We can develop and improve on them to have alternative source of energy but the only alternative is nuclear and Nigeria does not have capacity for its production,’’ Ogbebor said.
Public Relations Officer of PENGASSAN, Mr Emmanuel Ojugbana, also said that it would not be possible to phase out petroleum, coal and natural gas in a decade.
Ojugbana argued that crude oil, hydrocarbon and others have always played a role in powering the world and not just in Nigeria.
He said that it would take a longer time than a decade to stop using petroleum, coal and gas and to replace it.
Ojugbana said that it was the main source of energy for the country and that it would take several decades to be replaced.
Business
MWUN Backs Nigeria’s Bid For IMO’s Category C Seat
Business
Food Security: FG To Review Nigerian Agric laws
Business
Okpebholo Charges Committee To End Herders, Farmers Clash In Edo … Inaugurates Boundary Committee
-
Rivers3 days ago
Foundation Tasks Parents, Families In Moral Rectitude
-
Rivers3 days ago
Emohua Gears For Food Production, Employment Opportunities
-
Politics3 days ago
EFCC Arrest Ex-Plateau Speaker, 14 Lawmakers Over Alleged Money Laundering
-
Politics3 days ago
Eno’s Defection: Collaborate With PDP Defectors, Akpabio Urges APC Members
-
News3 days ago
TCN Reports 86 Towers Vandalism In 2024, 26 Completely Destroyed
-
Rivers3 days ago
LG Administrator Seeks FG’s Support For Security, Infrastructure Challenges
-
Niger Delta3 days ago
FG Lauds Oborevwori’s Bold Initiatives In Delta
-
Politics3 days ago
Again Gunmen Attack Sen. Natasha’s Home In Kogi