NDDC Commissions Bayelsa road, lauds President Buhari

The Niger Delta Development Commission, NDDC, has commissioned a new road in the highbrow GRA Layout Extension in Yenagoa, the Bayelsa State capital.

Speaking at the commissioning of the top quality road with concrete drains, the NDDC Acting Managing Director, Prof Nelson Brambaifa, said that the Commission will continue to execute projects that would positively impact on the lives of people across the Niger Delta region.

The NDDC Chief Executive Officer, who was accompanied by the  Bayelsa State Coordinator for the Commission, Hon Francis Kolokoro, Director for the Bayelsa State Office, Engr.  Emmanuel Audu-Ohwavborua and other directors said that Mr President deserved commendation for the increasing number of completed projects in Nigeria’s oil-rich region.

He called on Niger Delta stakeholders to give credit to President Muhammadu Buhari for supporting the accelerated execution of development projects by ensuring that funds were made available for the NDDC to carry out its mandate.

Brambaifa urged the communities in Bayelsa State to continue to support the administration of President Buhari for making it possible for development projects to be executed in their areas. He commended them for the peaceful way they have been conducting themselves while projects were being executed in their areas.

He challenged the various communities in the region to continue to sue for peace, since development would be practically impossible in an atmosphere of chaos. “Peace is very important in order to assist government in the task of spreading development in our region,” he said.

The NDDC boss maintained that the Commission was committed to delivering quality projects all over the Niger Delta, stating that it would not compromise on standards.

Brambaifa assured that the road, which he had just handed over to the beneficiaries, would serve the residents of the area well and enhance their businesses and social activities. “This is a sign of better things to come. More projects will be commissioned in the days and weeks ahead,” he assured.

Meanwhile, the NDDC has stressed the need to promote peace in the Niger Delta to facilitate the development process in the region.

The NDDC Executive Director Finance and Administration, Dr Chris Amadi, stated this during a stakeholders’ engagement forum organized by the Commission in Port Harcourt. He described peace as a veritable instrument for nation building, stating that the Commission was making conscious efforts to ensure lasting peace.

Amadi, who was represented by the Director of Finance, Dr Linus Ogbalubi, said that the theme of the stakeholder’s forum: “Peace as a Panacea for Sustainable Development in the Niger Delta Region” was apt and it aligned with the determination of the new management of the NDDC to reposition the Commission to be able to achieve its mandate.

He said the Commission was determined to create wealth and jobs, reduce poverty and unemployment, improve skills and human capacity, improve peace and security, develop partnerships among stakeholders and attract investments in the region.

Amadi said that the stakeholder’s engagement would help in proffering solutions to the security challenges in the Niger Delta region, noting that peace and security were necessary ingredients for sustainable development.

Niger Delta: FG will continue to support economic development initiatives – VP Osinbajo

Full text of Speech by the Vice President Yemi Osinbajo, SAN, at the launch of Africa Atlantic Gulf Of Guinea Fisheries Limited, an Initiative by the Presidential Amnesty Programme and private sector partners to train 2,500 Nigerians, which held at the State Banquet Hall, Abuja, on Friday, 24th May, 2019

 

*VP’s Speech delivered by the Senior Special Assistant to the President on Niger Delta Matters, Office of the Vice President, Mr Edobor Iyamu

 

I am delighted to be here today to witness the inauguration of a landmark initiative aimed at improving the lives and wellbeing of young Nigerians in the Niger Delta, and contributing to the growth of the Nigerian economy.

In the last four years, our administration has focused on reviving the Nigerian economy and repositioning it for true, inclusive and diversified growth. You will all recall the situation we inherited in 2015, and the economic recession that shortly followed, which led to the development of the Economic Recovery and Growth Plan (ERGP).

I am delighted to note that two years on, the ERGP has greatly justified its existence. Nigeria emerged from the recession in the second quarter of 2017, and since then has enjoyed eight consecutive quarters of growth. And just last week the Nigerian Bureau of Statistics released data that showed the healthiest first Quarter growth since 2015. Inflation is down, and manufacturing confidence has consistently been on the rise for more than two years. There is still a long journey ahead of us, towards the levels of growth that the ERGP envisions, but we are well on our way, and will not be resting on our oars.

Today’s ceremony is especially gladdening because not only does it advance the goals of the ERGP, it also brings together in one initiative several of our economic development priorities: Ease of Doing Business, Jobs, Young People, the Niger Delta, and Agriculture and Food Security.

Distinguished guests, ladies and gentlemen, in 2017, I travelled extensively around the Niger Delta, visiting communities and listening to their stories and their views on what the Federal Government ought to focus on. It became very clear to me that people were seriously counting on our administration to depart from the longstanding pattern of paying lip service to the development agenda for the region. For too long the people of the Niger Delta have had to endure failed promises and neglected aspirations.

The jinx that attended the Ogoni Clean-Up until recently is a very telling example of this. Years after the UNEP Report, there appeared to be little or no political will or determination to implement the recommendations, until the Buhari Administration emerged.

From the start we have left no one in doubt as to our commitment to set the ball rolling. I am delighted that, after two and half years of painstaking preparation and putting in place the proper governance and accountability frameworks, the much-awaited remediation of Ogoniland has finally commenced.

It is, of course, a long term task, and it is important for us as stakeholders to keep this in mind and not expect any overnight successes. It is also important that we continue to join hands to ensure that the progress we are seeing is not slowed or rolled back in any way.

Distinguished guests, ladies and gentlemen, this initiative being launched today is a public private partnership bringing together the Presidential Amnesty Programme, on behalf of the Federal Government of Nigeria, and private sector partners, including Concept Amadeus, and a number of Greek technical partners. The project will build 100 fishing trawlers – in Nigeria – and also train about 2,500 young Nigerians from the Niger Delta – beneficiaries of the Presidential Amnesty Programme – in fishing techniques and the fishery value chain generally.

Nigeria is a country blessed with immense agricultural resources and potential. Much of that potential has hitherto remained unexploited, and we are very determined to change this. For this reason, this initiative is very much welcome, as it will significantly scale up our domestic fish production and build capacity and value within the fishing industry. It will also produce substantial savings in foreign exchange, considering how much we currently spend annually on the importation of fish.

I commend the Presidential Amnesty Programme, and the office of the Special Adviser to the President on the Niger Delta, who have worked hard to ensure the successful implementation of this project.

I would also like to express our gratitude to all the technical partners, who conceived and designed the project, and have demonstrated commitment to ensuring that it succeeds and delivers on all of its objectives.

Let me use this opportunity to reiterate the support and commitment of the Federal Government to the success of this project. It is interesting to note that this initiative is actually one of the earliest success stories of our Economic Recovery and Growth Plan (ERGP) Focus Labs, which we set up in 2018 to resolve the most urgent bottlenecks hindering the progress of business and investment in Nigeria.

It is our hope not only that this project will expand and cater to thousands more young Nigerians, but also that this partnership becomes a model that can be replicated in other agricultural value chains, across the country.

On that note, I have the honour and privilege of officially launching the Africa Atlantic Gulf of Guinea Fisheries Limited, the Special Purpose Vehicle that will implement this transformative agricultural partnership.

I look forward to hearing about and seeing the success stories and testimonies from this partnership. I thank you for listening.

FG empowers Niger Delta youths, women in agriculture

The Federal Government has empowered  40 Physically Challenged Persons, 188 youths and women from the Niger Delta region with N300,000 at the graduation Ceremonies organised by the Ministry Of Niger Delta Affairs for trainees in Edo, Delta and Akwa Ibom States recently.

One hundred and four youths and women trained on fishery and poultry farming graduated from Benin-city, Edo State, 84 trainees graduated from Asaba, Delta State, while 40 Physically Challenged Persons, trained on Bead-making, confectionery and entrepreneurship, had their graduation ceremony at Amayam Clan, Ikot Ekpene Local Government Area of Akwa Ibom state respectively.

One of the mandates of the ministry of Niger Delta Affairs is to organise human capacity development, as well as skill acquisition programme for youths, and take adequate measures to ensure peace, stability and security with a view to enhancing the economic potentials for the region. Under President Buhari administration the Ministry of Niger Delta Affairs has kept to her mandates.

The Minister for Niger Delta Affairs, Pastor Usani Uguru Usani, represented by Mr Philip Ndiomu, a Deputy Director in the Economic Empowerment Department of the Ministry of Niger Delta Affairs, at the Benin City Centre, told. the recipients to put  the knowledge gained to good use.

Usani said that the training programme were aim at equipping  participants with practical and theoretical  knowledge on poultry  and fishery production as well as other  business management skills that would  make their individual businesses grow.

The Minister   advised them to put the N300, 000.00 (Three Hundred Thousand Naira) starter packs they received to good use, to the extent that they would also empower others to start their own businesses.

Usani enjoined them to patiently grow their businesses as immediate success or profit was not guaranteed.

The Minister revealed that the training and empowerment programme was continuous and assured those clamouring for inclusion that they would be considered in subsequent ones.

He added that the programme would not be stopped now as it was the dream of government to see that youth and women of the Niger Delta region became self-reliant and self- sustaining.

In his remarks, Senator Mathew Urhoghide of Edo South Senatorial district, thanked the Ministry of Niger Delta Affair for partnering Edo state and other stakeholders on the project as he advised  recipients of the programme ‘to utilize the opportunity to better their lots in life’ as it might never come to them again.

The Senator stressed that the programme was very important to the Federal Government as it was keen on attending to the yearnings of youths and women of the Niger Delta region. He urged the trainees to be strategic on the businesses they do with their starter packs.

Similarly, Senator Sam Anyanwu of Imo state who was also at the graduation ceremony in Benin-City, advised the trainees to take the knowledge serious, make good use of it and not waste the starter pack on frivolous things.

One of the trainees and physically challenged beneficiary from the Akwa Ibom State Centre, Prince Akaninyene Isidore noted: “Before now, persons with disabilities were insignificant in the society as far as charity is concerned, but we are grateful to President Muhammadu Buhari for developing people with disabilities through the Ministry of Niger Delta Affairs.”

The Director Corporate Affairs, NDDC, Mr Charles Obi Odili, addressing participants in the Miss Niger Delta Beauty Queens Unity Walk Campaign Against Drug Abuse and Illicit Trafficking at the Commission’s headquarters in Port Harcourt

NDDC backs campaign against drug abuse, illicit trafficking

The Niger Delta Development Commission, NDDC, has assured that it will continue to support efforts to curb drug abuse in the Niger Delta region.

The NDDC Acting Managing Director, Prof. Nelson Brambaifa, stated this while addressing participants in the Miss Niger Delta Beauty Queens Unity Walk Campaign Against Drug Abuse and Illicit Trafficking at the Commission’s headquarters in Port Harcourt.

The NDDC Chief Executive Officer, represented by the Director Corporate Affairs, Mr Charles Obi Odili,  said that the Commission would do all that was necessary to keep the youths away from illicit drugs and harmful practices.

The NDDC Director observed that drug abuse was destroying the family structure and the social fabrics of the society, noting that “when this happens, it imperils the nation and hampers development.”

One of the mandates of NNDC is to executing other works and performing such other functions, which in the option of the Commission are required for the sustainable development of the Niger Delta region and its people

Meanwhile the NDDC Boss advised the youths to keep away from drugs while stressing the need to inculcate the right values to the young ones as a way of curbing drug abuse.

The Special Adviser on Youths to the NDDC boss, Mr Charles Anyanwu, said that the Commission would initiate a programme to effectively address the issue of drug abuse in the Niger Delta region.

He lamented that many youths in the region were abusing drugs and getting involved in nefarious activities, stating that NDDC was ready to collaborate with other concerned stakeholders to fight the battle and win the war on drug abuse and illicit trafficking.

Also speaking at the occasion, Miss Niger Delta Ambassador for Peace and Development, Gina Reginald, said that drug abuse had reached an epidemic proportion, with the rise in drug addiction of young adults.

She said that the Miss Niger Delta Queens and models across the region had to take the campaign to the streets to create awareness. She remarked that street walk was anchored with the theme: Say no to drug abuse and drug kills the beauty in you.

FG approves N100bn for completion of East West road project – Minister

The Minister of Niger Delta Affairs, Pastor Usani Uguru Usani has said that the Federal Government had approved the sum of N100bn for the completion of Sections 1 to 4 of the East West road project.

The Minister disclosed this at a meeting with the Host Communities of Nigeria Producing Oil and Gas (HOSTCOM), led by its National Chairman, High Chief (Dr.) Style Benjamin Tamaranebi, in Abuja, on Tuesday, according to a statement from the Ministry.

It will be recalled that the East-West road was originally started by the Federal Ministry of Works and was handed over to the ministry of Niger Delta Affairs, when they had only completed just 10 kilometers.

At the initial stage, it was designed to start from Delta State roundabout, through Ughelli, Patani, kayama, lbehama, to Port Harcourt and end at Oron, in Akwa Ibom State.

It would also be recalled that the findings from a Presidential Inter-Ministerial team on assessment tour of Sections 1 to 4 of the East West road from Warri, Delta state to Oron, Akwa Ibom state, in the year 2018, showed that contractors would require about N100bn to complete the four sections of the flagship project in the Niger Delta region, the Minister said the submission from the committee culminated in the said approval of the fund.

The Minister assured the   people of the Niger Delta that the dualisation of the road was of utmost importance to the administration of President Muhammadu Buhari, the minister stressed that on their part, and the people of the region appreciate the importance of the road in promoting their well-being.

Usani added that the China Export-Import bank had also agreed to support the construction of section 5 of the East West road from Oron to Calabar, with $500M, while the Federal Government pays counterpart funding.

The Minister disclosed that the Federal Government was at the verge of awarding the contract with a new design.

He added that the Nigerian Sovereign Investment Authority was to monitor the completion of Sections 1 to 4 of the East West road, saying that the Ministry of Niger Delta Affairs had given its nod to the directive of the Presidency that the N100bn should be paid directly to the contractors from the Federation Account.

The Minister revealed that the Federal Government has also directed that the Gas Flare Penalty Fine being requested by the host communities, be released to them.

Earlier, the Minister of State for Niger Delta Affairs, Prof. Claudius Omoleye Daramola, decried a situation where contracts were awarded to the indigenes of the Niger Delta region, who ended up abandoning the projects after payments, he said decisive actions would be taken to address such occurrences.

“We are doing our best to see how all the communities in the Niger Delta region will benefit from government projects, activities and programmes,” he reiterated.

Prof. Daramola disclosed that all completed projects in the region by the Ministry of Niger Delta Affairs would be handed over to benefitting communities in due course.

In his remarks, the National Chairman of the Host Communities of Nigeria Producing Oil and Gas (HOSTCOM), High Chief (Dr.) Style Benjamin Tamaranebi, said their visit was to seek the Federal Government’s collaboration through the Ministry of Niger Delta Affairs, in a bid to address the challenges of various communities in the Niger Delta region.

Senate, Reps committees task Niger Delta ministry on budget implementation

The Senate and House of Representatives Committees on Niger Delta have emphasised the need for effective implementation of budgetary allocations to the Ministry of Niger Delta Affairs, for the benefits of the people of the Niger Delta region.

This view was expressed by the Chairmen of the committees on Niger Delta when the Minister of Niger Delta Affairs, Pastor Usani Uguru Usani led the Ministry’s delegation to the National Assembly for the 2018 Budget Defence and presentation of the 2019 Draft Budget in Abuja, on Thursday.

In his remarks, the Chairman, Senate Committee on Niger Delta, Senator Peter Nwaoboshi noted: “If we discover that you do not deserve the money allocated to you by Mr. President, we will ensure that such money is given to other Ministries or agencies that need it, but if will also discover that the money allocated to you is smaller than what you require, we will source for other areas of raising funds for you.”

One of the mandates of the ministry of Niger Delta is to coordinate the activities of the State Liaison Offices in the nine (9) States of the Niger Delta Region, namely; Abia, Akwa-Ibom, Bayelsa, Cross River, Delta, Edo, Imo, Ondo and Rivers, and ensure proper administrative management of the State Offices and maintenance of account among other functions.

The ministry also coordinates efforts to tackle the challenges of infrastructural development, environment protection and youth empowerment in the Niger Delta

Senator Nwaoboshi added that the Ministry should ensure timely completion of projects that would benefit the people of the Niger Delta region, while charging it to do away with those projects he tagged, ‘less important.’

He hinted that the discoveries from the committee’s oversight visits to the region would be the major deciding factors for the consideration of the Ministry’s 2019 Appropriation.

Earlier, the Chairman, House Committee on Niger Delta, Honourable Essien Ayi said his Committee was interested in  the completion of on-going capital projects in the Niger Delta region, saying that the committee, in its last oversight visit to various projects of the Ministry in the region witnessed a number of uncompleted projects.

Hon. Ayi also advised that completed housing schemes in the Niger Delta region by the Ministry should be handed over to the beneficiaries to address their housing need.

The Minister of Niger Delta Affairs, Pastor Usani Uguru Usani, while presenting a draft budget of N41,600,274,568 covering Capital, Overhead and Personnel Appropriation for 2019 before the Senate and House of Representatives Committees on Niger Delta, disclosed that about 80 projects- roads, water, electricity, housing, blocks of class room, food and cassava processing plants, health care centres, empowerment programmes, sensitisation on peace and security, medical outreaches, land reclamation and erosion control, among others,  were completed within the 2018 budget year across the nine states of the Niger Delta region.

Pastor Usani said that the implementation of the 2018 Capital Budget was still on-going, adding that more capital projects would still be completed before June, 2019.

He said that the Ministry was guided by the President Muhammadu Buhari-led Administration’s determination to move the country to the Next Level, in preparing the budget. “The core projects earmarked for execution in the fiscal year 2019 are indeed consistent with the programmes spelt out in the Budget guidelines,“ he  reiterated.

The Minister stressed that his Ministry will continue to ensure that quality jobs are delivered to the people and residents of the Niger Delta region by contractors.

We’re not owing Niger Delta ex-militants Stipends, Allowances – PAP

The Presidential Amnesty Programme (PAP) is up-to-date with payment of stipends, books and in-training allowances to Niger Delta ex-militants.

According to a Pulse Nigeria report, Mr Murphy Ganagana, Special Assistant Media to the Coordinator, PAP, Prof. Charles Dokubo, made this known in Abuja, while responding to claims by some people that the Amnesty office owed.

It could be recalled that the amnesty deal by the Nigerian government for militants in the Niger Delta was aimed at reducing unrest in the oil-rich region.

Late former President Umaru Yar’Adua offered an unconditional pardon and cash payments to rebels who agreed to lay down their arms.

The government targeted up to 10,000 militants who attacked the six Niger Delta states and cost the country a third of its oil production.

Meanwhile the President Muhammadu Buhari led administration assured of its continuity and commitment to the Amnesty programme, through its NIGER NEW VISION initiative.

The New vision has seen to several developments in the Niger Delta area’s which includes the empowerment of ex- militant (establishment of recreational centres, cash payments, scholarship opportunities etc).

At the briefing Ganagana said that the payment of allowances to the beneficiaries have been regular and prompt ever since the present leadership took over the management of the Amnesty programme.

“As we speak today, we are not owing ex-agitators under the Amnesty programme any stipends, in-training or books allowances,. We have paid up-to -date as funds are being released.

“We do also not owe in-training allowances to any scholarship beneficiary of the programme, especially those within the country.

Ganagana further explained that those who were claiming that the amnesty office owed them one year in backlog payments, were illegally deployed to various institutions for training without due process or the consent of the Coordinator.

He said: “in March 2018 shortly after Dokubo resumed office, some Niger Delta people who were not captured in the Amnesty programme database were illegally deployed for training without the Coordinator’s authorisation.”

“There were two categories of group of persons that were illegally deployed by a former official of the Amnesty programme within the period under review.

“Some of them were captured in the database making them bona-fide beneficiaries of the programme while some were not captured.

“But the Coordinator after some considerations decided to pay only the tuition fees of those ones who were not captured and have been given admission in various institutions for training.”

He said that the legal beneficiaries were entitle to tuition fees, books and in training allowances. “So, it is out of place for those who were illegally deployed for training to claim that they are being owed allowances,” he said, adding that the amnesty programme has the mandate to training, reintegrate and empower 30,000 ex-agitators of the Niger Delta region so as to maintain peace in the region.

Kachikwu to x-ray oil and gas investment opportunities at NCDMB forum

Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has been confirmed as lead discussant on the available and emerging investment opportunities in the Nigerian Oil and Gas Industry, at the forthcoming Nigerian Oil and Gas Opportunity Fair (NOGOF).

Kachikwu is to play a lead role in the discussions at the forum on the values of stake holder’s investment in the oil and gas industry, according to a Leadership report.

The Minster’s participation was confirmed by the executive secretary of NCDMB, Engr. Simbi Wabote. The event is scheduled to hold on April 4-5 2019, at the new headquarters of the Nigerian Content Development and Monitoring Board (NCDMB) in Yenagoa, Bayelsa State.

One of the major roles of the NCDMB is to establish, maintain and operate the Joint Qualification System (NOGICJQS), in conjunction with industry stake holders

Wabote also disclosed that the group managing director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru and chief executives of the international operating companies are also expected at the event themed “Maximizing Investments into the Nigerian oil and gas”.

Wabote added that “it is important for the investors and other stakeholders to have a line of sight to projects opportunities in the funnel so they can position themselves for the desired growth.’’

According to him, NOGOF forum is  to share information about available opportunities to investors who had established fabrication yards, engineering houses, pipe mills, pipe coating yards, cable manufacturing and other facilities since the implementation of the Nigerian Content Act in 2010.

Gas flaring to end in three years – NGFCP

The new framework – the Nigerian Gas Flare Commercialisation Programme (NGFCP), initiated by the Federal Government to monetise the volume of gas flared in Nigeria’s oil fields is expected to ensure that wasteful practice ceases to exist in the country within three years from when it becomes operational.

A gas flare, alternatively known as a flare stack, is a gas combustion device used in industrial plant’s such as petroleum refineries, chemicals plants, natural gas processing plants as well as  oil or gas production sites having oil wells, offshore oil and gas rigs and landfill.  In industrial plants, flare stacks are primarily used for burning off flammable gas released by pressure relief valves during unplanned over-pressuring of plant equipment.

The policy position of the Federal Government of Nigeria (FGN) is that gas flaring is unacceptable and the FGN has initiated a number of actions to reaffirm its commitment to ending the practice of gas flaring in our oil fields. Specifically, the FGN has ratified the Paris Climate Change Agreement, and is a signatory to the Global Gas Flaring Partnership (GGFR) principles for global flare-out by 2030 whilst committing to a national flare-out target by year 2020.

Furthermore, in recognition that flared gas could be harnessed to stimulate economic growth, drive investments and provide jobs in oil producing communities and indeed for Nigerians through the utilization of widely available innovative technologies, the Federal Executive Council (FEC) has approved the Nigerian Gas Flare Commercialisation Programme (“NGFCP”). This programme was launched by the Minister of State for Petroleum Resources Dr. Ibe Kachikwu   on December 13, 2016.

The NGFCP is designed as the strategy to implement the policy objectives of the FGN for the elimination of gas flares with potentially enormous multiplier and development outcomes for Nigeria. The objective of the NGFCP is to eliminate gas flaring through technically and commercially sustainable gas utilization projects developed by competent third party investors who will be invited to participate in a competitive and transparent bid process. The commercialisation approach has been considered from legal, technical, economic, commercial and developmental standpoints. It is a unique and historic opportunity to attract major investment in economically viable gas flare capture projects whilst permanently addressing a 60 year environmental problem in Nigeria.

The NGFCP will offer flare gas for sale by the Federal Government of Nigeria through a transparent and competitive bidding process. A structure has been devised to provide project bankability for the Flare Gas Buyers, which is essential to the success of the Programme.

According to a THIS DAY report Nigeria would need at least $3.5 billion investments to activate the new market-based initiative it had set up to end the practice of gas flaring at oil fields in the Niger Delta by 2020, Derefaka had disclosed.

Besides its expected environmental impacts on the oil-bearing Niger Delta region, the programme according to its operation’s officer, Mr. Justice Derefaka, was equally estimated to contribute about $1 billion to Nigeria’s Gross Domestic Product (GDP), while providing up to 300,000 direct and indirect jobs as well as unlocking about 600,000 metric tonnes (mt) of Liquefied Petroleum Gas (LPG) to be supplied to six million Nigerian homes.

Providing an update on the progress of the programme upon the March 22 cut-off date for submission of Expression of Interest (EoI) and issuance of Request for Qualification (RfQ) package for its first bid round to be conducted, Derefaka, noted that about 700 bids had so far been harvested, and that the opening of the Statements of Qualification (SOQs) will follow next.

“The NGFCP is designed as the strategy to implement the policy objectives of the federal government for the elimination of gas flares from Nigeria’s oil and gas fields in the near term (2-3 years), with potentially enormous multiplier and development outcomes for Nigeria.

“It is also designed as the contribution of the petroleum sector to Nigeria’s Intended Nationally Determined Contributions (INDC) under the Paris Agreement (COP21). It is an approach to eliminate gas flaring through technically and commercially sustainable gas utilisation projects developed by competent third party investors who will be invited to participate in a competitive and transparent bid process.

“The commercialisation approach has been considered from legal, technical, economic, commercial and developmental standpoints. And it is a unique and historic opportunity to attract major investment in economically viable gas flare capture projects whilst permanently addressing a 60-year environmental problem in Nigeria,” Derefaka said.

According to him: “Third party investors are to access and utilise flared gas that is currently being sent to flare and convert same into Flare-Gas-to-Market-Products (FG-2-MP) and demonstrate project development experience and proven technology in commercial application.

“The NGFCP is also designed as an important climate change action plan for the nation. And, it is the first market driven program undertaken on this scale globally. Bidders will have flexibility of choosing which flare sites to bid for, the gas price, and the end market or gas product, as well as the technology to be used.”

Continuing, he explained that: “As at today, over 700 investors have registered to download the RfQ package to submit their statements of qualification (SOQs) for participation in the programme.

“In terms of developmental impact, the NGFCP benefits are huge, ranging from an overall inward investment of around US $3 – $3.5 billion; a potential annual revenues/gross domestic product (GDP) impact around $1 billion/annum.

“The NGFCP could also generate approximately 300,000 direct and indirect jobs and unlock and supply around 600,000MT of Liquefied Petroleum Gas (LPG) product to six million homes in Nigeria.”

Consistent with Nigeria’s commitments for reduction of greenhouse gas (GHG) under the Paris Climate Change Agreement, Derefaka, stated that the program would reduce Nigeria’s CO2 emissions by approximately 13 million tons per year, which could further be monetised under an emission credits or carbon sale programme

“The next critical path item, in compliance with the approved programme implementation timeline following the closure of submission of SOQ’s on the Friday, 22nd March, 2019, is the opening ceremony of the SOQs,” he added.

NIGER DELTA: EX- MILITANTS HAIL FG OVER PROMPT PAYMENTS OF STIPEND