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FG Seeks US Funding To Develop Natural Gas For Europe

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The Minister of State (Petroleum Resources), Chief Timipre Sylva has called on the United States Government to provide funding to develop the country’s natural gas resources to serve as an alternative source of energy for Europe.
The call by Sylva is coming on the heels of the Russian war with Ukraine, which threatens the disruption of gas supplies from Russia to the entire European continent.
Speaking at a meeting with the US Secretary of Energy, Jennifer Granholm, on the side-line of the ongoing Ceraweek, in Houston, Texas, Sylva said the collaboration between the US and Nigeria in this area would be of immense benefits to both countries as well as the entire globe.
According to Sylva, “it is in the interests of the global community that there is an alternative supply of gas to Europe. The challenge for us to achieve this feat has been lack of infrastructure and we need funding to develop infrastructure for our gas and we believe that the US can provide that funding.”
He told Granholm that Nigeria has an abundance of natural gas resources that can meet European gas demands, noting that the problem has been access to funding.
He said as part of efforts to boost gas supplies across the astructure for the exploitation of the huge natural gas in Nigeria.African continent, Nigeria has embarked upon the construction of a 600kilometre of the Ajaokuta- Kaduna-Kano (AKK) gas pipeline designed to take gas to Europe via North Africa, and therefore, called on the US to provide the needed funding for infrastructure for the exploitation of the huge natural gas in Nigeria.
“We have access to gas but tarted the AKK gas pipeline project and if we have the required funding we can complete that project in two years”, the minister said, adding that Nigeria has “over 206tcl of natural gas reserve and unproven reserve of 600tcl. We believe that if we target the exploitation of natural gas in Nigeria, we will be able to get up to 600tcl. We need to have the needed funding to develop our gas and the US can provide us with this funding”.access to funding has been the problem. Our desire is to be able to take gas from Nigeria through Algeria to Europe. We have already kick-started the AKK gas pipeline project and if we have the required funding we can complete that project in two years”, the minister said, adding that Nigeria has “over 206tcl of natural gas reserve and unproven reserve of 600tcl. We believe that if we target the exploitation of natural gas in Nigeria, we will be able to get up to 600tcl. We need to have the needed funding to develop our gas and the US can provide us with this funding”.natural gas reserve and unproven reserve of 600tcl. We believe that if we target the exploitation of natural gas in Nigeria, we will be able to get up to 600tcl. We need to have the needed funding to develop our gas and the US can provide us with this funding”.
The minister said the crisis between Russia and Ukraine was a wake-up call to have alternative sources of gas to Europe stressing that in “situations like this, it is always good to have alternatives. It is time to say ‘let’s look forward’.”
On global energy transition, Sylva said for the energy transition programme to be meaningful, the peculiar problems of Africa must be factored into the entire energy transition arrangement.
The minister, an advocate of an African solution to the energy transition programme, said “we have to be given some special considerations. I am excited that the world has started listening to us. I was particularly happy that John Kerry echoed our position when he spoke at a panel session. Inasmuch as we want to be part of the new economy, we cannot move at the same pace. We still have people without clean cooking fuels, so we want to achieve our energy base-load through a multi-prong approach. The reality check is that we cannot move at the same pace. There is a gap between expectations.”
He called on the US to support Nigeria and other African countries in the areas of funding and technology, stressing that it is through such collaborations that the energy transition programme can be ‘fast-tracked’.
Sylva, however, cautioned that such funding and technological support must be made accessible to interested countries.
“We have to work out a structured way to access the funding. We must create that understanding to make the loans accessible. The issue of sovereign guarantee must be removed so that interested countries can easily access the funding,” the minister further stated.
Citing the case of the African Growth Opportunity Act (AGOA), Sylva said since the programme came into force so many years ago, no African country has been able to “successfully key into the project for maximum benefits”.
He said: “It has not been easy for Africa to access AGOA. So, the type of funding we are looking at is the one that Nigeria will be able to access.”
In her remarks, Granholm expressed the readiness of the US to cooperate with Nigeria to develop her renewable energy sector, noting that her government was not against the development of gas or other sources of energy.
She said the US government would be willing to support Nigeria in developing her renewable energy sources, and therefore, called for a coordinated strategy to pin down specific areas of focus where funding and other support would be required.
“Investors are interested in funding renewable energy in Nigeria but they are interested in knowing possible areas of focus. We have to work out a structured way to access the fund”, Granholm said.
In an earlier meeting with the US Assistant Secretary of State, Harry Karman, Sylva expressed Nigeria’s willingness to develop different sources of renewable energy such as wind, solar and hydrogen.
He also spoke about the need to streamline targeted financing, adding that “there must be a framework of accessing the funding.”
Karman, in his remarks, assured the minister of the US government’s readiness to support Nigeria in finding sustainable energy sources for the millions of Nigerians without access to power, adding that “anywhere we can be of support we will.”
He said the US “will be more than happy to help. It is important that we look at countries and what energy mix that will be good for them. It has to be a mix for Nigeria and we have to do a study to determine the renewable energy source that will be good for the country.”

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Akpabio Receives Afrobeat Star, Davido On Courtesy Visit

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The President of the Senate, Godswill Akpabio on Monday received in audience Afrobeat star, David Adedeji Adeleke, popularly known as Davido who was on a courtesy visit to the Senate President.
Receiving his guest, Akpabio expressed his delight at the visit and showered encomiums on the Afrobeat star for making Nigeria proud by his outstanding performance.
“You have made us very proud within the international community,” Akpabio told Davido who came in company of two of his cousins, Hon. Tunji Adeleke, son of his late brother Isiaka Adeleke and Folasade Adeleke, daughter of Osun State Governor Ademola Adeleke.
The Senate President told his guests that “we will do everything possible to support the entertainment industry. “He however charged them to continue to maintain high ethics and resist peer influence that could derail them.
Akpabio said, “For me and for the government of President Bola Ahmed Tinubu, it is an inclusive administration, and you must have noticed in my various outings, we move as one, across party lines.
“Even though your administration is a PDP one but we work across party lines for the interest of Nigeria. The only major thing that is common to all of us is the interest of this country and it is a country that has given you so much love.
“It is a country with a population that is unmatched anywhere else in Africa. Over 240 million Nigerians. So I want you to continue to remain a great Ambassador of our country. Don’t allow anybody to drag you into politics. Continue to do your best in the entertainment industry.
“For us in the political arena, we value talents and what God has given to you, nobody can take it away from you. We do everything possible to support the industry. To support talented people like you. All we need also is patience and prayers so that we can succeed.
“Please do your best to continue to maintain the high ethics. What is happening in America with some of the black stars is quite unfortunate. For most of you in the industry, don’t allow peer group influence derail you. Continue to do your best.
“The entertainment industry is like a pyramid. You start from the ground until you get there. When you are on top, your own is how to remain there. So anybody who walks on a tight rope must learn how to do the balancing act. And so, your job is to remain there.
“Our prayers is that God should sustain you there and to continue to give you more wisdom and more talent for you to continue to make Nigeria proud. We are very proud of you.”
Davido recalled how Akpabio hosted him and his team while he was Governor of Akwa Ibom State and also while he was a Minister.
He informed the Senate President of his Foundation which primarily offers assistance to the orphanages and also of his new album to be released in June or July.
“As for me, I’m doing my part. I have a Foundation. Every year, I share N300 million, N400 million to orphanages.Just doing my own part to assist the society. We have new album coming out June or July. I just thank you for everything you have been doing for us,” Davido said.

By: Stories by Nneka Amaechi-Nnadi, Abuja

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Nasarawa Assembly Summons PGIE Manager Over Poor Power Supply

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Nasarawa State House of Assembly yesterday summoned the Area Manager, Power Generation Interconnected Energy Limited handling power project in Toto LGA.
T he House in the text of the summon insisted that Area manager appears in person and within two weeks to enable him explain issues surrounding disruption of power supply in Toto LGA.
The Speaker of the House,. Rt. Hon. Danladi Jatau gave the directive after a session with a representative of the Power Gen Interconnected Ltd, Mr John Ufeoshi who appeared before the House during it’s proceedings in Lafia .
The Speaker said the invitation extended to the Area Manager was to enable him brief the House on the ongoing power project in Toto Local Government Area hence the Constitutional right that empowers the lawmakers to invite anybody concerning issues of public importance
” We discovered that the Area Manager of the PowerGen did not appeared in person but he has sent a representative.We are again giving the Area Manager of the PowerGen Interconnected Energy Ltd the opportunity to appear before the House in person within two weeks,” the Speaker said.
The Speaker said that the invitation of the Area Manager was to ensure that the people of Toto LGA and its environs get power supply.
Earlier, the representative of the CEO, PowerGen Interconnected Energy Ltd, John Ufeosh in his speech noted that he was an ‘errand boy’ of the Area Manager, adding that he would convey all questions not answered to the Area Manager.
It would be recalled that the Speaker of the House Rt. Hon. Danladi Jatau had last month directed the Area Manager PowerGen Interconnected Energy Ltd in Toto Local Government Area to appear before the House on 21st May 2024 with all the necessary documents authorizing the company to operate in the area.

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Our Govt Is Guided By Rule Of Law -Fubara

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Rivers State Governor, Sir Siminalayi Fubara, has said that there is a greater and assuring resolve of his administration to follow his course lawfully to the end concerning the festering political crisis in the State.
The Governor, therefore, urged supporters and all Rivers people to eschew violence and conduct themselves in compliance with the rule of law, as he is already on top of the situation.
Governor Fubara spoke at Tema Junction, venue of the ceremony for the official inauguration of Emohua-Kalabari (Tema Junction) Road project in Asari-Toru Local Government Area on Friday.
The project inauguration was performed by the senator representing Bayelsa West Senatorial District, Senator Henry Seriake Dickson.
Governor Fubara assured that he will continue to lead the State with the fear of God and guided by the laws of the land, adding that he would never let Rivers people down, including all those who believe in his leadership.
He said, “I want to thank everyone of you for your support. I want to thank you specially for your support during the time of the election; before, during and the wonderful support we are getting now after the election. And the support is what is shocking the whole world.
“We don’t have any Assembly member, like they said. We don’t have any local government chairman, like they said. But we have the people. Having the people is the most important thing. I assure the people that we will not disappoint them.”
Governor Fubara emphasised: “We will lead as a Government that has the fear of God, purposeful for the people. I assure you that we will not let you down. We will not bring any form of disgrace.
“But I am not asking you to be violent. No need for it. The most important thing is our course: we will follow it lawfully to the end. And by the special grace of God, we are on top of the situation.”
Governor Fubara encouraged the people to continue to support the President Bola Tinubu-led Federal Government, and ensure that they are protecting important Government installations in Kalabari land.
The Governor observed the troubling issues of unabated illegal bunkering activities and vandalism of critical infrastructure of State, which has caused a depletion of inflow of revenue to the federation accounts.
Governor Fubara, who particularly said that recurring reports of the Nigerian Navy emphasised the preponderance of such activities in the area, tasked youths to stop engaging in such economic sabotage.
“When you watch or read most of the reports on the activities by the Nigerian Navy, you will see that greater part of these bunkering activities are done, more especially in this area.
“I want to appeal to you, there are other justifiable and clean means of livelihood. We must not subject ourselves to economic sabotage. Please, I am appealing to you, it is better we desist from it.
“I am going to constitute a very high-powered delegation that will visit these areas, and talk to the leadership: the chiefs and the community heads and leaders, so that we can improve on our present state.
“When we have (exploited) more crude oil resources from this area, it brings in more resources (finances) to the state, it brings more resources (finances) to the country. Mr President can do more projects and the State can also do more projects. Afterall, you will want me to do more projects. So, support me in this fight to end illegal bunkering and oil pipeline vandalization.”
Commenting on the Emohua-Kalabari Road project, Governor Fubara said it was awarded on the 18th February, 2023, by the immediate past administration at the cost of N21.2billion but only paid N6billion.
Governor Fubara stated that his administration paid the remainder of N15.2billion, and completed 70 percent of the job to confidently claim it as part of his projects delivered for the good of the people in Kalabari land.
He said, “Although the Permanent Secretary did mention a few things, and I know that when we leave here, some agents will want to say one thing or the other. So, I came prepared.
“Let me also say it here, maybe, Julius Berger Nigeria PLC was being economical with their presentation. On my table as I am talking to you, there is a request for variation of the cost of this project.
“This is because, as at the time this project was awarded, and while the project was on-going, there was serious exchange rate differences. But I told them not to worry that they should go ahead and complete this project, and I assured them that we will sort them out and they accepted.
“For the records, this project was awarded on the 18th of February, 2023, by the immediate past administration. In the month of March, the first payment for the project was done, and the next one was in April, and the third one was in May.
“The total value of this project is N21.2billlion, and out of that, only N6billion was what the previous administration committed.
“When we came on board, we said to the contactor, go ahead, assuring that we are not cutting it short because we know that the project is for the benefit of our people. I can boldly say here that the balance of N15.2billion has been paid completely.
“So, for those of you that are mathematicians and even those of you who understand elementary statistics, you will understand that 70 percent of this project was done by this administration. Therefore, we can boldly say that this project was delivered by this administration.
“That is not even an issue but the reason why we have to go on this line is just to explain to our people, so that you will understand where we were and exactly where we are now.
“Originally, our mantra was supposed to be ‘Consolidation and Continuity’. And if that is our mantra, the success of our administration should not be ascribed to anybody, but to the success of the administration, to the success of governance, knowing fully well that one will serve out our tenure and another will continue, and government is a continuous process.
“But with what we are faced with, we have no other option but to do this explanation so that we will understand the works that we are doing. For those people who say that we have not been doing anything, they will know that we have been doing a lot silently, not with noise or media exaggeration.”
Governor Fubara, who assured that he will continue to deploy resources of the State to better the conditions of the people, directed the Permanent Secretary of the Ministry of Works to commence the process for the immediate extension of the road from Tema Junction to Abonnema Town.
The Governor explained that the Trans-Kalabari Road project was re-routed away from the Ogbakiri axis because of the high maritime line entailed in the construction work and the associated cost but assured that the road will still connect to Tombia Town.
“Let me assure our people, as I have said before, this Government is a Government that is focused. This Government is a Government that wants the forgotten people to feel the impact of governance.
“This Government is a Government that wants to give opportunity to everyone. You don’t need to be close to me to benefit, that is the truth. This is because I see it as sycophancy. What we need to do, we will do it for our people.
“So, let me thank the four local government areas which co-operated to make this project a success: Emohua, Asari-Toru, Degema and Akuku-Toru. And let me also thank the traditional leadership of the Kalabari Kingdom, please just be peaceful, everything that we desire, by the special grace of God, will definitely come our way.”
Performing the inauguration of the project, the senator representing Bayelsa West Senatorial District, Senator Henry Seriake Dickson, said that crisis makes some people to forget governance but added that Governor Fubara has refused to be distracted but had rather committed to improving the wellbeing of the people.
Senator Dickson, who was former Governor of Bayelsa State, said the project is a life-changing development endeavour because his experience plying the road when it was deplorable was also unpleasant but noted that that phase was now gone, and joined the people to appreciate Governor Fubara for the feat.
He said, “Today, we have seen what you are doing. When we led that delegation last week to you at Government House, I didn’t know that you are embarking on life-changing projects like this across the length and breathe of this area.
“Not many people will see this and doubt your commitment and your understanding of the imperatives of development. Your love for our people, your love for Rivers people, and your understanding of the challenges facing your people, if anyone was in doubt, looking at this wonderful road, such doubts, clearly will be misplaced.”
He praised the Governor for what he has achieved in such a short time, despite the deliberate distractions, and urged him to remain focused to do more for the people.
He added as a competent accountant, he was sure that the Governor will prudently deploy every taxpayer’s sweat into meaningful development projects that will positively impact the majority of the people of the State.
Providing the description of the project, the Permanent Secretary of Rivers State Ministry of Works, Engr Atemea Briggs, said the Emohua-Kalabari Road is 15.24km in length, and was awarded at the cost of N21.26billion by the previous administration, which paid only 28 percent of that sum, which amounted to N6billion with work left at preliminary stage.
Engr Briggs stated other features of the road that is serving as major access into Kalabari land to include its width as 5.3 meters, with asphalt thickness of 100 millimeters – made up of 60 millimeters concrete asphaltic binder course and 40 millimeters asphaltic wearing course, with a median divide of 600 millimeters and installed street light, now completed and fully paid.
In his presentation, the Deputy Regional Manager of Julius Berger Nigeria PLC, Engr Rimon Morisho, said the Emohua-Abalama-Tema Junction Road project was awarded to them in February, 2023, with a completion period of 18 months.
He said that because of the company’s commitment to meeting contractual obligations, they ensured delivery of the project in good quality and ahead of schedule
Engr Morisho stated that his company was proud to have contributed significantly to the development of infrastructure in the region, and expressed gratitude to Governor Fubara for the opportunity, including the trust reposed in them to be part of his success story.
In her welcome address, the Vice Chairman of Asari-Toru Local Government Area, Mrs Tekena Daphne Wokoma, recalled that the road, which was properly constructed with bridges first in the 1990s, eventually collapsed few years after.
The unattended deplorable condition of the road, she stated, created motoring discomfort for commuters with kidnappers and armed robbers finding it more easy to operate on the route but added that Governor Fubara has wiped away their tears, saved them from the nightmare and associated difficulties.
Dr Wokoma said the road will further improve the economic potentials of the benefiting communities in the four local government areas of Emohua, Degema, Asari-Toru and Akoku-Toru.

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