Nation
FG Taps Steel Industry To Create 40,000 Jobs
The Minister of Mines and Steel Development, Olamilekan Adegbite, has stated that the steel industry in the country is capable of creating about 40,000 jobs if fully developed.
The minister, while at a facility tour of Premium Steel and Mines Limited, Warri Delta State, yesterday, explained that the mandate of the ministry is to expand the sector, use it to diversify the economy and create more jobs to reduce poverty the rate in the country.
Adegbite encouraged the management of Premium Steel and Mines Limited to get the company running at full capacity, noting that the ministry had the mandate to diversify the economy and create jobs through the sector.
“The mandate of the ministry is to expand the sector, use it to diversify the economy and create jobs and also to generate revenue for the government. I will encourage you to speed up the process. You are going to employ a lot of people which is a welcome development”, he said.
Adegbite also said that it was important for the nation’s steel sector to produce flat steel sheet. He noted that such was vital for the development of the sector.
“For the nation to industrialise, we need to produce a flat sheet, which is the ultimate goal of the sector. With flat sheet we can produce many things like engine blocks, vehicle bodies, etc”, he said.
Adegbite also rallied the steel producer to support the metallurgical Industry bill.
The minister noted that the bill when enacted into law would assist in establishing programmes that would aid the private sector to operate optimally, producing competitive high-quality products for both the local and international market.
“Government is willing to do everything to support the industry. That’s why we have proposed a metallurgical industrial Bill, which is at the council for approval. When it is approved it will support the industry. It will make it a lot easier for you to operate. We would have been empowered by the law to support you. The support we give will have the backing of the law.”
The Group Chief Executive Officer of Premium Steel and Mines Limited, Anand Badjatya, said that the management of the company was working towards fully reviving the company.
He said that the company would save the nation more than a million tons of steel in import and conserve about 600 million dollars in foreign exchange when working at full capacity.
According to him, “We aim to save the nation about 600 million dollars from import substitution.”
It would be recalled that Premium Steel was formerly called Delta Steel Company before it was privatised was designed to produce 1.2 million tonnes of liquid steel per annum to be cast into 960,000 metric tonnes of billets and rolled 330,000 metric tonnes in its Rolling Mill.
The remaining 630,000 metric tonnes were to feed the three inland Rolling Mills at Jos, Oshogbo and Katsina, who have 210,000 metric tonnes capacity Rolling Mills each.
Nation
HYPREP Marks 15 Years Of UNEP Report, Highlights Major Cleanup Milestones
The Hydrocarbon Pollution Remediation Project (HYPREP) has commemorated the 15th anniversary of the release of the United Nations Environment Programme (UNEP) Environmental Assessment Report on Ogoniland, reaffirming its commitment to restoring the environment and improving the livelihoods of affected communities.
In a statement signed by the Project Coordinator, Prof Nenibarini Zabbey, to commemorate the anniversary, HYPREP described the anniversary as a significant milestone in Nigeria’s environmental restoration efforts, noting that the project has made remarkable progress in implementing the recommendations of the landmark UNEP report released on August 4, 2011.
The UNEP report had revealed extensive oil pollution across Ogoniland, severe environmental degradation, and serious public health risks resulting from decades of petroleum operations. It also recommended an initial $1 billion fund to commence the cleanup of the affected communities.
According to HYPREP, the Federal Government formally launched the Ogoni clean-up in 2016, while the Project Coordination Office was established in 2017 to drive the implementation of UNEP’s recommendations.
Zabbey said the current administration has continued to prioritise the project under the Renewed Hope Agenda.
Providing an update on the cleanup, the Project Coordinator disclosed that 30 of the 65 contaminated sites identified by UNEP have been fully remediated, while work is ongoing at several medium- and high-risk locations. It also stated that more than 1.5 million mangrove seedlings have been planted as part of what it described as the world’s largest restoration of oil-degraded mangroves, with over 1,000 hectares of shoreline already rehabilitated.
Zabbey further revealed that 49 Ogoni communities have been connected to potable water schemes through multiple water projects and booster stations aimed at providing safe drinking water across the region.
In the health sector, he said the 100-bed Ogoni Specialist Hospital in Kpite and the 43-bed Cottage Hospital in Buan are nearing completion, adding that several existing health facilities have been upgraded with modern medical equipment, while five ambulances have been donated to improve emergency healthcare services. The Project Coordinator also disclosed that a three-year human health biomonitoring study is being conducted in collaboration with the World Health Organization’s International Agency for Research on Cancer (IARC).
On economic empowerment, Zabbey stated that the Project has created more than 8,000 direct jobs and trained thousands of Ogoni youths and women in various vocational and technical skills, including software development, cybersecurity, aviation, commercial diving, seafaring, mechatronics, and creative arts. The project also reported awarding scholarships to more than 1,000 students, providing grants to small businesses, and supporting persons living with special needs through skills acquisition programmes.
The statement further highlighted ongoing legacy projects, including the Ogoni Power Project and the Centre of Excellence for Environmental Restoration, which it said is about 96 per cent complete. HYPREP also welcomed the recent designation of the Ogoni Wetland as a Ramsar Site of International Importance and pledged to continue promoting biodiversity conservation and sustainable management of the ecosystem.
Marking the anniversary, Zabbey said the progress achieved over the past 15 years demonstrates the collective commitment of government, development partners, stakeholders, and local communities to restoring Ogoniland. He called for renewed collaboration to sustain the cleanup effort, promote environmental sustainability, and support the long-term development of the region. 3
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