The Federal Government has been urged by groups to make constitutional provision that will guarantee automatic savings of surplus from oil revenue in the Excess Crude Account, ECA. The groups, Shehu Musa Yar’adua Foundation and the Nigeria Natural Resource Charter, made the call as their resolution during a roundtable on savings and stabilisation mechanism for…
Kaduna Electric has said it lost over N50 million worth of equipment and installations to activities of vandals across its franchise states between January and June, this year. According to the company, over 150 attacks were carried out by the vandals on its facilities within the period. A statement signed by the company’s Head, Corporate…
Why is it that Africa, which hosts some of the most abundant mineral and energy resources in the world, is not fully benefitting from this wealth? A significant share of recent new investments for mineral and energy resource exploration and development has been in Africa and this needs to contribute directly to the inclusive prosperity…
National mining experts are examining the draft Economic Community of West African States (ECOWAS) model mining and minerals development Act of with a view of validating its texts. To this end, a three-Day Workshop began in Abuja, Nigeria on the 14th of August 2018 to create a harmonious and regulated environment for the overall sustainability of…
The Coordinator, Food Sovereignty Programme for Friends of the Earth Africa, Mariann Bassey-Orovwuje, has said that the commercialisation of Bt Cotton in the country is not a victory but a breach of law and order. Bassey-Orovwuje was reacting to the recent announcement by National Committee on Naming, Registration and Release of Crops, Livestock/Fisheries varieties at National…
As the government works on continuing abandoned water projects, another reason to complete them in the fastest possible time has come to the attention of many Nigerians and this involves water’s capability to get rid of air pollutants indoors. Based on a study done by avian diseases experts Daniel J. King and Bailey W. Mitchell, water…
Simon Kolawole Some years ago, I was at the Nnamdi Azikiwe University, Awka, Anambra state, for a public lecture. An obviously popular lecturer was invited to the podium to make his contributions. Students went gaga, screaming his nickname and giving him a standing ovation. In the euphoria, he posed elegantly in front of the microphone…
Oil and gas businesses operating in the downstream retail segment of the industry risk demise if the needed attention is not paid to market data management, according to Energy360 Africa Limited. The company stressed that proper market data management will not only help to boost the returns and growth of downstream players, but will also…
HANSA HEAVY LIFT has transported a giant carousel together with eight reels, weighing a total of 3,508.7 metric tonnes, from Newcastle, United Kingdom to Lagos, Nigeria destined for the Egina Oil Field. The voyage took place on board the super heavy lift vessel HHL Lagos, which was mobilised in Rotterdam, the Netherlands, to prepare the…
The Environmental Rights Action (ERA), in conjunction with Friends of the Earth Nigeria (FoEN), has expressed concerns about the over N17 billion spent yearly by the Federal Government, on the importation and servicing of generators. The ERA has also called for the passage of renewable energy bill, which it is sponsoring in the National Assembly,…
