Nation

Maritime Nations Need Finance To Develop Fossil Fuel-IMO

Published

1 year ago

November 22, 2022

Secretary-General, International Maritime Organisation (IMO), Mr Kitack Lim, says maritime nations need finance to invest in fossil fuels.
Disclosing this at the 2022 Nigerian International Maritime Summit held in Lagos on Monday, Lim noted that this would help reduce carbon footprint in the environment.
He stressed the need for a market-based measure to be adopted to help generate funds used for technology development of fossil fuels.
“Decarbonisation is one of the challenges of our time owing to the fact that climate change has started having its impact on developing nations.
“Decarbonisation and automation are critical to shaping the future, and IMO has set the target of cutting down emissions by at least 40 per cent by 2030 and 70 per cent by 2050 across international shipping,” he said.
Noting that IMO would partner the Nigerian government to achieve port community system for the west and central Africa region, Lim said that IMO would support Nigeria’s maritime industry to achieve cleaner oceans and greener shipping system.
He commended the Nigerian Navy and Nigerian Maritime Administration and Safety Agency (NIMASA) for effectively collaborating with local, regional and international partners to achieve success in the war against piracy.
The Minister of Transportation, Mr Mu’azu Sambo, while declaring the summit open noted that finance was a critical driver for unlocking the potential of the blue economy in Africa and in particular Nigeria.
According to Sambo, sustainable financing models are importiant to build critical maritime assets such as shipyards and ports across the country.
He noted that the need to reshape the way the shipping industry operates in the face of current and future challenges, ranging from changing climate and decarbonisation by 2050 cannot be overemphasised.
“Nigeria’s commitment to the sustainability of the blue economy is demonstrated by the adoption of the United Nations Sustainable Development Goals (SDGs).
“To this end, an Expanded Committee on Sustainable Blue Economy in Nigeria (ECSBEN) under the leadership of no less a person than the Vice President of the Federal Republic of Nigeria is driving the implementation process and to perfect the agenda for a national strategy.
“This agenda is focused on providing an assessment of the current realities, opportunities and challenges for economic diversification and the growth of a sustainable blue economy.
“It includes the identification and review of relevant policies and institutional/capacity-building mechanisms,” he said.
The Minister said there was a need to identify regional and cross-border partnerships for the implementation of the blue economy plan.
“This summit is an important step in the continuing shift in strategic thinking about the blue economy.
“It will undoubtedly serve as a benchmark for stakeholders in Nigeria and beyond to further develop innovative strategies to sustainably harness the vast potential of the blue economy.

“It is my hope that the deliberations at this event will lead to viable solutions for overcoming this challenge,” he said.

On his part, the Chief Executive Officer, Sea Transport Group, Alhaji Aminu Umar, noted the cardinal points industry stakeholders needed to push to help reduce carbon emissions.

“There is a need to optimise voyage plan, the vessel speed should be reduced and fuel consumption so as to reduce carbon footprint.

“Efficiency of the port will help the reduction of waiting time and this is because waiting to berth creates so much carbon burning,” he said.

Also, Mrs Margaret Orakwusi, the Chairman, Morbod Group, noted that in tackling the challenge hampering meeting the objectives, there was the need to reduce old vessels plying the waters.

Orakwusi called for information sharing among stakeholders, nothing that whatever that happens in a country could affect the other.

Some of the dignitaries at the event include Dr Magdalene Ajani, the Permanent Secretary, Federal Ministry of Transportation, Mr Emmanuel Jime, Executive Secretary, Nigerian Shippers’ Council, and Mr George Moghalu, Managing Director, National Inland Waterways Authority.

Nation

VCDF in Partnership with LDSVA Sensitise Women on Gender Equality, Financial Literacy & Entrepreneurship

Published

2 days ago

May 3, 2024

The Tide

Women, the pillars of our society, are resilient and determined as they play essential roles in nurturing families and leading businesses. Despite facing challenges like limited financial resources and unequal opportunities, they persist, inspiring generations and driving positive change.

In honour of Women’s History Month, Vcare for Development Foundation (VCDF), in collaboration with Sterling Oil Exploration & Energy Production Co. Ltd. (SEEPCO) and the Lagos State Domestic and Sexual Violence Agency (LDSVA), embarked on a transformative journey to empower 100 community women, focusing on sexual and domestic violence prevention, financial literacy, and entrepreneurship, on March 27, 2024, in Eti-Osa LGA, Lagos State.

When women are empowered, they become catalysts for progress, influencing not only their own lives but also the lives of their families and those around them. The programme gave the women the opportunity to acquire knowledge on tools that can help their businesses grow, also providing a safe space for women to learn and connect with others, making them feel more confident and capable in making decisions for their businesses.

Distinguished guests present at the event were Mrs. Bello Oluwakemi, Head of the Field Operations Department, Lagos State Domestic and Sexual Violence Agency (LDSVA), Chief Mrs. Eletu-Odibo Wasilat, Community Development Committee Chairman of Eti-Osa LGA, Lagos State, and Mrs. Adenike Akintoye, Head of Women Affairs and Poverty Alleviation Unit, Eti Osa LGA.

While giving her feedback, Chief Mrs. Eletu-Odibo Wasilat said, “community-driven efforts like this initiative are instrumental in driving sustainable change and enabling women to realise their full potential.”

Mrs. Bello Oluwakemi noted during her closing remark, “training women in our communities will improve their livelihoods and contribute to household income, thereby leading to better standards of living.”

This collaborative initiative aligns with the Sustainable Development Goals (SDGs) – Gender Equality (SDG 5) and Reduced Inequalities (SDG 10), which aim to ensure everyone is treated equally and reduce differences between people.

VCDF will continue to educate and empower women for a greater inclusion in society, supporting their advancement and ensuring their meaningful participation in all spheres of life. Together, let us continue to champion the cause of women, celebrate their achievements, and pave the way for a brighter and more equitable future for all.

Nation

Ibom Developers Supports 160 Women with Skill Acquisition Training in Akwa Ibom

Published

2 days ago

May 3, 2024

The Tide

Empowering women with vocational skills is a vital step towards fostering gender equality and inclusive growth in society. This effort involves equipping women with practical expertise that can be applied across various aspects of life, including professional, personal, and entrepreneurial settings. Ibom Developers’ recent initiatives to provide skill acquisition training to women in its host communities aim to help them thrive in society.

On April 8, 2024, Ibom Developers commenced its ongoing skill acquisition training programme, themed ‘Virtuous Women’ in Egwenwe and Okoroinyong communities.
Dignitaries, including His Royal Highness Chief Johnson J. Osiba (Ijongo IV), the Okaama of Egwenwe Community; Mr. Warribo Isaiah, Community Development Chairman, Egwenwe Community; Pastor Johnson Christian Ubulom, Youth President, Egwenwe Community; Mrs. Catherine Monday Ogbofork, Women Leader of Egwenwe Community; Mrs. Sarah Evans Nfeija, Health Officer, Egwenwe Community; and representatives from Okoroinyong community, were present at the inaugural event.

This skill acquisition programme aims to empower 160 women in these communities with expertise in catering, packaging, hairdressing, wigging, ventilation, and styling. The program took place from April 8 to April 20, 2024, at Egwenwe Town Hall and Okoroinyong Town Hall in Eastern Obolo LGA, Akwa Ibom State, imparting essential entrepreneurial skills to the women in the communities.

During the inaugural event, Chief Johnson J. Osiba (Ijongo IV), the Okaama of Egwenwe Community, expressed, ‘‘This empowerment initiative will provide our women with the autonomy and decision-making power they need to become self-sufficient contributors to the growth and development of our community.’’

The participation of women in several economic activities makes their upliftment a potent strategy for economic growth. Their involvement expands the workforce, cultivating heightened innovation and efficiency within the community.

Mrs. Catherine Monday Ogbofork, Women Leader of Egwenwe Community, emphasised, “Access to training tailored to the needs of women allow them to develop specialised skills. I am glad that this programme has offered options that suit our women’s preferences and goals.’’

Acquiring skills for livelihood elevates family status and unlocks entrepreneurial avenues. Ibom Developers is dedicated to promoting entrepreneurship among women and supporting socio-economic empowerment in local communities.