The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the proposed Petroleum Industry Bill (PIB), will create wide varieties of features that will drive sustainability of the oil and gas sector.
Sylva stated this at the Virtual Nigeria Energy Transformation Summit (NEITS), organised by Society of Petroleum Engineers on Tuesday.
The theme of the summit is “Changing Global energy landscape: Strategies for industry sustainability”.
“The proposed PIB will also provide a wide variety of features to ensure that natural gas makes the optimal contribution to sustainable industry and national development in the medium to long term.
“The Petroleum Industry Bill will provide a framework for sustained and increased petroleum industry activities in terms of developing gas for domestic market.
“It will also increase oil production under competitive terms to support the goal of a stronger non-oil economy for the benefit of all,” he said.
He added that the global COVID-19 pandemic had made indigenous participation in the Oil and Gas value chain an imperative.
According to him, before the Nigeria Oil and Gas Industry Content Development (NOGICD) Act 2010, Nigerians were mostly spectators in the industry.
“The last 10 years saw an exponential growth in the number of Nigerian Service Providers.
“With the pandemic, encouragement of local industry participation is now an element of national strategy.
“The proposed PIB will further encourage participation of Nigerians in the various Oil and Gas activities.
“Our declaration of 2020 as Year of Gas is now being pursued through the National Gas Expansion Programme to deepen Gas penetration and avail Nigerians options for alternative fuels and cleaner environment.
“As experts, the onus ultimately rests on you to take on the challenges and opportunities the industry and pandemic have created,” he added.
The minister added that the world fastrack race to cleaner energy through gas, cognisant of the development in other climes, was a wake-up call for Nigeria to increase efforts and reduce her dependence on oil.
He said that Nigeria must re-jig its petroleum industry and energy framework in order to chart a new course.
“On our part, all efforts are being made to sustain the current relative peace in the Niger Delta for sustained investment.
“The proposed PIB takes care of the foregoing to put Nigeria among the league of investment havens.
“It is therefore our belief that the future is bright and attractive for the Nigerian petroleum industry,” he added.
On the nation’s economy, he said that growth of the Nigerian economy was hinged on constant power supply.
He noted that Nigeria had favourable conditions to bring electricity to its citizens at modest costs compared to many other nations.
“In collaboration with stakeholders, the Ministry of Petroleum Resources wishes to ensure that we convert the massive amount of gas being flared at the moment to energy for Nigerians at affordable rates.
“Therefore, a significant network of additional gas pipelines is a priority.
“The flag-off of the construction of the Ajaokuta-Kaduna-Kano (AKK), gas pipeline is the first important step in this direction.
“The development of an optimal framework for electricity generation based on natural gas will create a strong basis for providing electricity to all Nigerians,” he said
He added that based on increased gas production, stable and predictable gas pricing framework Nigeria would be able to attract further investment into the sector.
He noted that the industry must be aware of Government’s effort at stabilising gas pricing with the inauguration, a few weeks ago, of a gas pricing committee currently at work.
In his remarks the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, said that there was the need to use gas for economic growth of the nation.
He said that sustainability in sector was key and effort must be geared towards ensuring that businesses thrive in the country.
He said the COVID-19 had made it necessary for all to ensure cost reduction and support all effort in deepening gas penetration in the country.
“Gas is the future of our country with its huge deposit. We must support all effort to ensure we have enough gas to drive development and also for export.
“What we are doing already with infrastructure is significant and it is a work in progress which we all must support,” he said.
Also, in her key note address, Ms Shauna Noonan, SPE international President, said that energy transition must not be misunderstood with the role of oil and gas to the economy.
She said that the move for cleaner energy remained imperatives for the growth of the sector.
She added that stakeholders must collaborate to achieve cleaner energy to help in the repositioning of the sector.
She added that Nigerian remained a huge potential for the sector and very relevant in global repositioning of the sector.
Edited By: Donald Ugwu (NAN)https://nnn.ng/proposed-pib-will-create-sustainability-in-oil-gas-sector-slyva/
NCDC records 189 new COVID-19 cases, total now 57,145
The NCDC made this known on its official twitter handle on Saturday.
“As at Sept. 19, 2020, 189 new confirmed cases and one death was recorded in Nigeria.
“Till date, 57,145 cases have been confirmed, 48,431 cases have been discharged and 1,095 deaths have been recorded in 36 states and the Federal Capital Territory,” it said.
The agency stated that the 189 new infections were reported from 15 states of the federation.
“Lagos (70), Plateau (37), FCT (24), Kaduna (19), Rivers (12), Oyo (5), Ogun (4), Ebonyi (3), Katsina (3), Ondo (3), Osun (3), Imo (2), Yobe (2), Ekiti (1), Nasarawa (1),” it said.
The agency said that cloth masks provide protection when properly worn and cared for.
“Wear mask covering your nose and mouth, handle mask with clean hands and wash cloth face masks after each use.
“MaskOnNaija with other preventive measures. Learn how to make your own face mask: covid19.ncdc.gov.ng/media/files/DI… ,” it advised.
“TakeResponsibility and adhere to all non pharmaceutical preventive measures of COVID-19 if you must travel,“ it said.
Edited By: Tayo Ikujini/Sadiya Hamza
NIDO-Ghana plans webinar to mark Nigeria’s 60th independence anniversary
The Nigerians in Diaspora Organisation (NIDO), Ghana chapter, said on Saturday that it would organise a webinar as part of events to celebrate Nigeria’s sixtieth independence anniversary.
Mr Elija Iposu, Public Relations Officer of NIDO-Ghana, disclosed this in a telephone interview with the News Agency of Nigeria .
Iposu said the event would be organised by NIDO-Ghana in collaboration with a Ghana-based private firm, Diplomats Extra and Milestone Communications.
According to him, the webinar, which will hold on Oct. 2, is a virtual ceremony with Zoom ID: 742450910 and the title: ’60 years of Ghana-Nigeria diplomacy’.
Prof. Bola Akinterinwa, former Director-General Institute of International Affairs, and Amb. Bulus Lolo, former Permanent Secretary of Ministry of Foreign Affairs, Nigeria are among high-ranking personalities expected to participate in the event.
Some other expected guests are Mr Oluwaseyi Adeyemi, Publisher, Inside Watch Africa Magazine, Mr Emmanuel Bombande, UN Senior Mediation Advisor, Prof. Baflour Agyeman-Duah, former UN Special Governance Advisor and Affail Monney, President Ghana Journalists Association.
NAN reports that President Muhammadu Buhari on Sept. 16, unveiled the logo and theme for the 60th independence anniversary celebration.
He said that the celebration would be observed for a whole year, to end on Sept. 30, 2021 and would be muted due to the coronavirus pandemic.
Edited By: Emmanuel Yashim
Ekiti Deputy Gov eulogises late theatre icon, Jimoh Aliu
The Ekiti State Deputy Governor, Chief Bisi Egbeyemi, has paid tributes to the late theatre icon, Chief Jimoh Aliu.
He eulogised the late prominent artiste for using his talent in promoting arts and culture locally, nationally and internationally.
Egbeyemi, in a statement signed by his Special Assistant on media, Mr Odunayo Ogunmola, on Saturday, described the late Aliu as a worthy Ekiti Ambassador, who placed the name of the state on the global map of theatre, arts, culture and entertainment.
He described the death of the former National President of the Association of Nigeria Theatre Arts Practitioners (ANTP), as a great and monumental loss not only to Ekiti, his state of origin but also to entire Nigeria.
According to him, the late dramatist and producer exhibited the famed Ekiti virtues of honesty, integrity, hard work and good name, which the youths of nowadays must emulate.
Egbeyemi noted that the Aliu mentored many young artistes and promoted local content in the nation’s entertainment industry.
The Deputy Governor said the plays and films produced by the deceased taught moral lessons, bravery, valour, strong will, determination and self-belief in pursuit of dreams and vision.
He said that Aliu rose to stardom by hard work and perseverance, and never forgot his roots as he lived among his people throughout his lifetime.
Egbeyemi regretted that the late Aliu died at a time his wise counsel was still needed, noting that the deceased contributed his quota to the development of Ekiti State.
The Deputy Governor, while commiserating with the family and associates of the deceased, urged them to be consoled by the good life he lived and the legacies he left behind.
“Surely, the vacuum left behind by this great legend of the stage and movies will be difficult to fill owing to his sterling contributions over the years.
“This is a monumental loss not only to Ekiti, but to our entire country. Our prayers and thoughts are with the family of the deceased.”
He prayed God to grant the family the fortitude to bear the irreparable loss.
Edited By: Remi Koleoso/Felix Ajide
El-Rufai to participate in maiden Kaduna Marathon on Nov. 21
Gov. Nasiru El-Rufai of Kaduna State on Saturday, says the state is making arrangements to host a half-marathon on Nov. 21, 2020, tagged ‘Kaduna Runs’.
According to him, the maiden marathon will hold annually, and is meant to discover talents and attract investors to the state.
“Our hope is that it will also help reinforce Kaduna’s hard-earned reputation as an investment hub. As a fixture on the sporting and social calendars, Kaduna Runs will also attract interested persons to visit our state.”
It is a compelling idea to bring our people together in a common endeavour, he added while unveiling the event to newsmen in Kaduna.
“Let us run together. From those seeking the glory of winning a sporting contest, to young persons out to hone their talent in the half-marathon, to citizens who merely want to exercise or meet people or cheer up the runners, there is something for everyone,” he said.
The governor added that the event can also be used to raise funds for charities or to support good causes.
He therefore called on all residents – old or young, male or female, rich and poor – to support Kaduna Runs, a 13 miles half-marathon.
El-Rufai assured that all COVID-19 protocols will be observed during the event.
NAN reports that the governor obtained form to participate in the Marathon.
Edited By: Maharazu Ahmed