Wednesday, 8 February 2017

THE CURRENT ECONOMIC EVENTS FACING THE NATION’S HEALTH,OIL AND GAS SECTOR IN NIGERIA

The National Security Emergency Management Agency (NEMA) is to collaborate with the Society of Family positions in Nigeria to provide health care services to the victims of disaster and emergency in the country. The director general of NEMA SALU SIDI made this known when the president of the society led a delegation to the Agency in Abuja. Represented by the director Relief and Rehabilitation MR. PIODE FAYEDE, the regime stressed the need to prioritize the health care of the victims. The president of the society DR. AKI MOSES says it has the capability to conduct health need assessment for preventive, corrective and rehabilitation of displaced person in the North –East of Nigeria.

Stakeholder in the nation’s economy has advocated a field work in the oil sector that will propel quick implementation of the policy and renewable energy. They took the position at the sensitization workshop on Bio fuel and development put together to the Petroleum Product Pricing Regulatory Agency (PPRA) in Abuja, Nigeria. According to the correspondent report of the event who specified that Renewable energy had been a global trend across the nation in search of better and cheaper sources of energy to stand the tiles of the environmental degradation and air pollution. One of the key areas of focus is developing bio fuel as an alternative energy source, especially with the reality of gradual depletion of the Hydrocarbon base. The Acting Executive secretary of the Petroleum Product Pricing Regulatory Agency (PPRA) MR. VICTOR SHIDO at the opening of the sensitization program on Bio fuel development said that the nation could not be left behind investing the need. According to him, he point out that the source of fuel consumption of the nation must not be from import, and this forms the basis for the program.

In a better presentation, PROFESSOR MOHAMMED IBRAHIM of PTDL who spoke on the topic Bio Fuel Nigerian’s New Reality explained it became necessary for the key players in the Nation’s economy to capitalize on the opportunity provided in a dilemma certification policy of the federal government to achieve the drive towards renewable energy. According to him he also advised that the right thing is to have the right policy and to also have the right institution that will drive the policy. And most important is to have an appropriate legal and regulatory frame work.

Representative of the governor of the Central Bank of Nigeria the Deputy Director Research Department MR. LAWRENCE ODE said funding is the key in achieving the goal of Bio fuel development. Also the Executive Director in the institute for Agriculture Research in the Ahmadu Bello University Zaria, Nigeria PROFESSOR IBRAHIM ABUBAKAR pointed out that farm produce which is necessary in the development Bio Fuel should be grown in the country on the large scale.

The minister of State for Petroleum Resources DR. IBEKA UKACHUKWU who was represented on the occasion by the TIM UKON reiterated federal commitment to a sustainable renewable energy. According to him he said that as part of their guide they have to look at how they can help to support a viable industry that also does not result in fuel insecurity and that is prioritization they need to play. Still on his comment DR. UKACHUKWU advised Nigerians to invite current drive initiatives in the Oil and Gas sector to enhance the growth and development of the nation’s economy.

Also in Delta state Nigeria, the governor of the state IFEANYI OKOWA had described as worrisome as the state loses 250 barrels of oil production daily to activities of oil pipeline vandals. Governor OKOWA who stated this in Asaba to media forum said 80% of vandalized pipelines are in Delta State. According to correspondent report of the incident who said that Governor OKWA who noted with dismayed in drop in oil production in the state said the SPDC (Shell Petroleum Development Company) Pipeline vandalized by aggrieved militants were yet to be fixed. The governor said that the pipeline had not been exporting oil since February last year (2016). The situation had brought the state to the fourth largest oil producer in the country. He appealed to the SPDC to take urgent steps to repair the pipeline. According to the Governor OKOWA who said that he is appealing to SPDC to repair the main state pipelines which pushes oil across the state.

On the official recent visit of the Acting President YEMI OSIBANJO to the state to meet with relevant stakeholders in the oil rich community of the Baramatu, GOVERNOR OKOWA said that he would help aid oil pipeline vandalism in the area. He also said that his administration will help to accord priority to peace and security. He said that effort were being intensified to straighten the tough club governor’s forum and embrace commission to make it impart positively on region.

PUBLISHER: ONYIA EMEKA HARFORD
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