Connect with us

Energy

FG to end illegal mining through kinetic, non-kinetic strategies  —  Alake

Published

on

The Minister of Solid Minerals, Dele Alake, on Monday in Ibadan said the Federal Government was committed to ending illegal mining in the country’s mining sector.

Alake spoke when he led a Federal Government delegation to pay a condolence visit to the Oyo State Government over Tuesday’s explosion at Bodija estate in Ibadan.

The Minister contended that powerful Nigerians were behind banditry associated with illegal mining in Nigeria.

He said a lot of banditry, terrorism and insecurity which were being associated with the mining sector were actually sponsored by illegal miners who are powerful people in the society.

“There are lots of connivance among the strata of the society —- both high, medium and low classes of the society —- in the nation’s mining sector.

“But the Federal Government is working together with the state and local governments, as well as the host communities, who have efficient knowledge of the local terrain to address the issue.

“Illegal mining is not exclusive to the high class alone, but cuts across the strata of our society. So, we are employing both kinetic and non-kinetic strategies and tactics to address the menace,” Alake said.

He disclosed that the Federal Government would await the final report of the forensic investigations into the causes, effects and possible remedy to the Bodija estate explosion.

Alake however said it was going to be after this that government would take critical decisions on the unfortunate incident.

“It would be presumptuous for the Federal Government to take any solid pronouncement or categorical announcement now.

“We will examine all the forensic analysis reports, and all the investigations from all the agencies and various intelligence arms of the security agencies.

“They are all working round the clock to provide an authentic and viable forensic report to the Federal Government.

“When the reports are ready, the Federal Government will be on a solid platform to make an informed judgment and a categorical statement.

“The final forensic report will also help the Federal Government in taking appropriate decisions concerning the victims of this ugly incident.

“Anything before then will be presumptuous and can be misleading at the end of the day,” he said.

The minister urged Nigerians to be conscious and always report suspicious movements and businesses in their environment, noting that failure to report early always lead to negative results.

“We need to be safety-conscious and develop the attitude of reporting atrocious  activities in our neighbourhood.

“Fir example, no one will expect that such deadly explosives could be stored in an elite estate like this without suspicion,” he said.

Energy

Axxela announces to develop 50 MMSCF/D gas processing plant

Published

on

Axxela Limited, a leading gas and power portfolio company in Sub-Saharan Africa, announces that it has taken Final Investment Decision for the development of a gas processing plant situated in OML 56, Delta State, South-South Nigeria.

This strategic investment marks yet another significant stride towards delivering on Axxela’s commitment to deepen domestic gas utilisation in Nigeria. The gas processing plant with a total capacity of 50 MMSCF/D will be delivered in phases.

The first phase will comprise a 12 MMSCF/D modular plant, with an interconnection pipeline network of about 4km alongside other ancillary infrastructure. The facility is expected to commence operations by the end of 2024.

Speaking on this pivotal landmark, Director of Business Development, Axxela,  Franklin Umole said, “As the Federal Government continues to pursue its Decade of Gas and Energy Transition Agenda, we remain a reputable private sector partner with the capacity to develop gas processing plants aimed at tackling the longstanding challenge of gas flaring and commercialisation in Nigeria.

“We are positioning to develop requisite infrastructure for natural gas processing and last mile distribution that creates market access for at least 20% of Nigeria’s gas demand.

“Over the past two decades, we have been at the forefront of natural gas advocacy, and this project is a further reaffirmation of our dedication to gas infrastructure development and our vision to deliver innovative energy solutions across Nigeria and Africa,” he concluded.

Following the Board’s Final Investment Decision, Axxela has executed a long-term feedstock supply agreement with a leading indigenous upstream player and established equipment supply arrangement with world class Original Equipment Manufacturers (OEMs) to assure quality delivery of the project. The design concept is based on a fast and modular expansion as Axxela is partnering with OEMs who have ready stock of equipment for deployment.

The project is strategically cited in OML 56 to serve as a potential hub which upstream players with fields within a 30km radius can partner with to process associated and non-associated gas.

Axxela believes in the potential of this central processing hub having identified two prospective fields and with the partnership with the OEMs, the company envisages that the plant’s output can be scaled up to 50 MMSCF/D within 18 months.

Beyond unlocking economic opportunities, the project can potentially transform gas flaring into a valuable resource that will further ensure a stable, cleaner energy for domestic utilisation thereby contributing significantly to annual CO2 emissions savings and supporting environmental sustainability.

 Upon completion, processed gas from the facility will be readily available for utilisation across various market segments including Compressed Natural Gas (CNG) for vehicles, feedstock for industries, decentralised power solutions among others.

Continue Reading

Energy

Electricity supply: Power Minister decries activities of saboteurs, cartels

Published

on

The Minister of Power, Mr Adebayo Adelabu, has decried the activities of saboteurs and cartels in the electricity sector, blaming them for the incessant power outages in the country.

Adelabu expressed this during a  programme tagged “Confronting Nigeria’s Power Challenge as the Nation Migrates to a Multi-Tier Electricity Market” on Tuesday in Abuja.

The programme was organised by the House of Representatives Committee on Power.

The Minister said saboteurs and cartels perpetrated evil for their selfish interests in order to frustrate efforts at ensuring stable electricity supply in the country.

“We have saboteurs, cartels, and those who prefer to perpetrate evil for their selfish interests to frustrate our efforts,” Adelabu said.

He said all efforts must be geared towards propelling the country to  the league of  productive nations, adding that Nigeria was looking at reserves that would eliminate incessant power collapse.

He said the Federal Government was considering the liberalisation of the power sector.

“We also encourage the state government to invest in power generation in their states,” the Minister said.

 Adelabu listed Abia as one of the states that had invested in power, adding that the Federal Executive Council (FEC) had also granted Ekiti and Enugu State the right to generate tariffs.

The Minister said it was worrisome that a lot of investors did not come with their private equity, but had to borrow money from the bank to operate in the sector.

He, however, said that with time, investors would be made to operate the right way for the benefit of the sector.

The Minister also said that FG was looking at deepening rural electrification, adding that it would be done in collaboration with the state governments.

Adelabu said there were over 100 uncompleted power projects across the country, adding that those projects would not be energy-efficient without being completed.

Speaking, Group Managing Director, Sahara Power Group, Mr Kola Adeshina, expressed the regret that Nigeria could not supply electricity efficiently in spite of its abundant gas resources.

He said if electricity was not a priority in budget provision, it would be difficult for the country to work.

Adeshina said Nigeria had the resources to double its power generation.

“If the executive brings an appropriation bill before you(lawmakers) and the power sector is not number two after defence, then don’t allow it,” he said.

He urged the government to prioritise industrial areas in power distribution.

“After the industrial areas have had light during the day, we can shift power at night to residential areas because production takes place during the day.

“Let’s sequence our investment along the line of value-added. Nigerians are resilient, we are strong, and we have tenacity. Nigerians are tired of power collapse,” he said.

Continue Reading

Energy

Alleged $500m wasteful investments: Oil Minister dares Former NCDMB ES, vows to recoup investments

Published

on

The Minister Of State For Petroleum Resources(Oil), Sen. Heineken Lokpobiri has vowed to recoup alleged investments worth over $500m made by the Nigerian Content Monitoring and Development Board (NCDMB).

The Minister made this vow in defence of his allegation that the NCDMB wasted over $500 million of the industry’s fund in equity investments in private establishments and in loans that are now non-performing.

The erstwhile Executive Secretary of the NCDMB, Engr.Simbi Wabote had earlier debunked the Minister’s statement describing it as reckless.

Wabote challenged the Minister to visit the sites of the projects the agency invested in while accusing the Minister of playing politics.

“The HMSPR-Oil is implored to visit the construction sites to avail himself of facts on ground. He should also check the MPR archives of the stategic plan to diversify oil and gas development clusters in the NigerDelta using Bonny Island, Brass Island, Onne, Ogidigben, Ibom, etc. Perhaps, this will cure his aversion to
any developmental initiative in Brass
Island and the Niger Delta in general.” Wabote said.

Reacting to Wabote’s statement, the Minister through his SA Media and Communication, Nneamaka Okafor, described Wabote’s claims as blatant lies from the pit of hell.

The Minister’s response reads: ‘’Our position is that he who alleges must prove same. So, if Mr. Wabote has proof of such conversation, he is challenged to provide same.”

‘’Secondly the Minister has no aide called Blackson. All his aides were duly selected in line with extant laws and have documents to that effect.”

‘’The Minister in his capacity as chairman of the Governing Council stands by his statement at The Petroleum Club’s quarterly event in Lagos, and as journalists I welcome you to visit the places mentioned to verify the allegations for yourself.”

‘’Thirdly, the said Atlantic Refinery was supposed to be built in Mr Wabote’s home town, he should show Nigerians where that refinery is.”

‘’Fourthly, the Brass Fertilizer and Petrochemical company was also paid for, you are welcomed to also visit the site to verify the facts for yourself.”

‘’Let me add that these revelations are not new, they were first made during an investigative hearing of the House of representative committee on local content. Again the records are there and you are welcome to verify these facts.”

‘’The Minister has never been part of any budgeting process of any parastatal under the Ministry, you are welcomed to visit these agencies to verify for yourself.”

‘’Finally, the Minister’s office is run with a budget superintended by the permanent secretary and so one will wonder, how the Minister will ask another entity to make provisions for the budget of his Office. The Minister has an impeccable record from his time as Minister of Agric and will continue to stand for the truth.”

‘’I have had course to read Mr Wabote’s release and every one can see that he is still nursing the wounds of being replaced even after spending seven years at the Board.At best, this is a clear case of when you fight corruption, corruption will fight back.” The response read.

The Minister also diaclosed that investigations are ongoing while making a vow to recover the resourced expended.

Continue Reading

Trending