Energy
FG set to commence clean-up of oil spills in Ogoni
The Minister of State for Environment, Alhaji Ibrahim Jibril, said on Monday that the Federal Government was set to commence the clean -up of oil spills in Ogoni land.
Jibril explained this on the sideline of the 2018 International Day for Preservation of Ozone Lay in Abuja.
He said that the exercise would begin before the end of this year.
The UN Environment Programme (UNEP) had recommended initial release of one billion dollars to be used for the clean-up of oil spills for over a period of five years.
The clean-up exercise, according to UNEP, will take 25-30 years to restore the environment.
Much of the funding for the clean-up is expected to come from the oil companies.
The minister said that out of 200 million dollars expected from oil companies, 177 million dollars had been raised for the operation.
“For 2018, 200 million dollars is expected but so far the joint venture partners and NNPC had been able to raise 177 million dollars for the operation, which will commence soon.
“Right now, the procurement process is at the very last stage and very soon, we should be able to go to Federal Executive Council meeting to get approval for the contract to be awarded.
“We believe that we should be able to go to the field in the fourth quarter of this year to commence remediation exercise,’’ Jibril said.
-
Business6 days agoDisCos urge Minister to end blame game, apologise to Nigerians over blackouts
-
Health7 days agoStudy links Pfizer COVID-19 vaccine to higher death rates than Moderna shot
-
Business1 week agoPower supply to improve in 72 hours as FG moves to restore generation – Tegbe
-
Business5 days agoFuel price: Our eyes on you, FCCPC tells oil marketers
-
Football6 days agoFlamingos arrive in Abuja after historic U-17 Women’s World Cup victory
-
Business6 days agoAfter weeks of blackout, electricity returns to Lagos, Ogun, Oyo, Kwara, FCT
-
Latest6 days agoAbati questions former CSU lecturer’s authority in fresh Tinubu certificate dispute [VIDEO]
-
Football1 week agoBernardo Silva Succeeds Ronaldo as Portugal Captain


