Oil
Chevron moves to fight HIV in Nigeria, Angola and South Africa
By Joseph BAMIDELE
…moves to eliminate Mother-to-Child transmission
Chevron brings together Pact, Business Leadership Council, mothers2mothers, and the Global Fund to address health, cultural and access challenges in eradicating HIV among region’s newborns
WASHINGTON, D.C.– Chevron announced today at the 2012 International AIDS Conference (AIDS 2012) a partnership initiative with Pact, the Business Leadership Council (BLC), mothers2mothers and the Global Fund to aggressively combat crisis-level mother-to-child transmission of HIV in Nigeria, Angola and South Africa.
“We must intensify our collective efforts to meet the serious challenges to eliminating mother-to-child transmission of HIV head-on,” said Rhonda Zygocki, Executive Vice President, Policy and Planning for Chevron. “We are mobilizing resources and strategic partners with specialized expertise to address critical issues facing Nigeria, Angola and South Africa in order to move toward an HIV-free generation by 2015.”
The risk of mother-to-child transmission is an unfortunate reality in these countries. In Nigeria, approximately 75,000 babies are born with HIV each year, and most of these infections are due to transmission from their mothers. In South Africa, the country has the largest number of people living with HIV in the world, and approximately 30 percent of pregnant women were HIV-positive in 2009. Additionally in Angola, where more than 60 percent of the population is under 25 years old, an estimated 15 percent of the country’s HIV cases are caused by mother-to-child transmission.
“As a company, we depend on a healthy society and healthy workforce,” Zygocki said. “With HIV/AIDS disproportionately affecting women in Africa, it is critical that we come together in the fight against this disease. At Chevron, we recognize prevention of mother-to-child transmission (PMTCT) of HIV as both a critical intervention for the families of our employees and the communities where they work, as well as a realistic approach to the elimination of HIV entirely.”
The PMTCT partnership areas of focus includePact: Build the capacity of civil society organizations to increase PMTCT practices in Nigeria’s Bayelsa State through education, raising awareness and reducing stigma.
- BLC: Support the government of Nigeria to develop and implement models for accelerated PMTCT delivery over the next two years.
- mothers2mothers: Lay the groundwork to establish its Mentor Mother model in Nigeria during the next 18 months.
- The Global Fund: Advance PMTCT programs targeting Angola and South Africa.
This partnership is part of the $20 million commitment made by Chevron in June 2011 at the United Nations High Level Meeting on AIDS to support the global plan to eliminate new HIV infections among children by 2015 and keep their mothers alive.
“Nigeria is the front line in the fight to eliminate mother-to-child transmission of HIV, and its government is ready to dramatically scale up testing and treatment for mothers – through both public and private healthcare providers,” said John Megrue, chairman of the Business Leadership Council for a Generation Born HIV Free (BLC). “Chevron is committed to improving public health in Nigeria and around the world, and I am grateful for its generous support to the BLC and to the Government of Nigeria. Together, we want to work with Nigeria’s leaders to translate their vision for a generation born HIV free into reality.”
“Every mother wants to protect her baby,” said Mark Viso, president and CEO of Pact, an international NGO at work in 29 countries. “But if a mother with HIV never knows she is living with HIV, she can do little to prevent infecting her baby. In the Bayelsa state of Nigeria, where nearly 100,000 women become pregnant in any given year, an astounding 95,000 are never tested for HIV. That has to change, and Chevron is helping make that change possible.” To hear more from Mark Viso about this partnership, please click here.
“Every mother living with HIV should have access to the support and care she needs to defend her health and protect her baby from HIV infection,” added Robin Smalley, co-founder of mothers2mothers. “We are thrilled to partner with Chevron to expand the reach of our Mentor Mother model and champion the health and well-being of Nigeria’s mothers and children.”
“The private sector is an extremely important partner in the fight against the disease, both in program implementation and as a supportive donor,” said Gabriel Jaramillo, general manager of the Global Fund. “Chevron became the first Corporate Champion in 2008 and recommitted additional resources in 2010. We are hugely encouraged by its continued support for the Global Fund and we hope that other private sector companies will follow Chevron’s example.”
Chevron’s commitment to addressing PMTCT and fighting HIV/AIDS is longstanding. The company has been part of the fight against AIDS since 1986 when it joined 13 other Bay Area companies to promote education and reduce stigma in the workplace. In the 1990s, Chevron expanded its efforts internationally, and in 2005, became the first oil and gas company to implement a global HIV/AIDS policy for its employees.
Chevron currently implements PMTCT programs for its workforce in Angola and Nigeria by providing comprehensive medical care for employees and their dependents to prevent the transmission of HIV. These programs have already achieved remarkable impact: For eight years in Angola and 12 years in Nigeria, Chevron has had no reports of mother-to-child transmission of HIV among its employees or qualified dependents.
From 2008 through 2010, Chevron invested $30 million in Global Fund grants – $20 million of which has helped to support HIV/AIDS programs in Nigeria, South Africa, Thailand and Indonesia. In 2011 to 2013, Chevron is directing $25 million to the U.S. Fund for the Global Fund to support programs dedicated to fighting HIV/AIDS and reducing mother-to-child transmission of the virus.
Pact is a promise of a better tomorrow for all those who are poor and marginalized. Working in partnership to develop local solutions that enable people to own their own future, Pact helps people and communities build their own capacity to generate income, improve access to quality health services, and gain lasting benefit from the sustainable use of the natural resources around them. At work in 29 countries, Pact is building local promise with an integrated, adaptive approach that is shaping the future of international development. www.pactworld.org
The Business Leadership Council for a Generation Born HIV Free is a bold, private-sector led initiative with one goal: to end the transmission of HIV from mothers to children by 2015. BLC members are a select group of leaders who represent media, finance, telecommunications, health, technology and retail and is part of the MDG Health Alliance. www.genhivfree.org
mothers2mothers (m2m) is eliminating transmission of HIV from mothers to babies and sustaining the health of women and children with its proven Mentor Mother model. Since its inception, m2m has reached more than one million mothers in nine countries. Found in Cape Town in 2001, m2m is a partner in the United Nations’ Global Plan towards the Elimination of New HIV Infections among Children by 2015 and Keeping their Mothers Alive. Learn more at www.m2m.org or follow mothers2mothers @msmtweets.
The Global Fund is a unique public-private partnership and international financing institution dedicated to attracting and disbursing additional resources to prevent and treat HIV and AIDS, TB and malaria. This partnership between governments, civil society, the private sector and affected communities represents an innovative approach to international health financing. www.theglobalfund.org
Chevron is one of the world’s leading integrated energy companies, with subsidiaries that conduct business worldwide. The company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemical products; generates power and produces geothermal energy; provides energy efficiency solutions; and develops the energy resources of the future, including biofuels
Oil
FG Introduces New Incentives To Revitalize Nigeria’s Oil & Gas Industry
In a strategic move to revitalize Nigeria’s oil and gas sector, the Federal Government has unveiled two key fiscal incentives aimed at attracting investment and enhancing energy security.
The announcement was made by Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy on Wednesday.
The first initiative, the Value Added Tax (VAT) Modification Order 2024, introduces critical exemptions for essential energy products and infrastructure, including Diesel, Feed Gas, Liquefied Petroleum Gas (LPG), Compressed Natural Gas (CNG), Electric Vehicles, Liquefied Natural Gas (LNG) infrastructure, and Clean Cooking Equipment.
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These exemptions are designed to reduce living costs for Nigerians, promote energy security, and accelerate the transition to cleaner energy alternatives.
The second initiative, the Notice of Tax Incentives for Deep Offshore Oil & Gas Production, offers new tax relief options for deep offshore exploration projects.
This measure aims to position Nigeria’s deep offshore basin as a premier destination for international oil and gas investments, boosting the country’s appeal to foreign investors.
These reforms are part of a broader set of policy initiatives, known as Policy Directives 40-42, endorsed by President Bola Ahmed Tinubu.
The directives reflect the administration’s commitment to fostering sustainable development in the energy sector and enhancing Nigeria’s competitive edge in the global oil and gas market.
Business
Tinubu set to approve ExxonMobil-Seplat oil deal, expands CNG bus initiative
By Yemie Adeoye
NIGERIA’s President Bola Tinubu has announced that the protracted ExxonMobil-Seplat upstream oil divestment will be formally approved by the Minister of petroleum within a matter of days, just as he announced his government’s intention to expand the Compress natural Gas, CNG buses initiative.
The President who stated this during his Independence day nationwide broadcast stated that the move is in line with his administration’s commitment to free enterprise, free entry and free exit in investments which is the hallmark of his administration investment policy.
“Fellow compatriots, our administration is committed to free enterprise, free entry, and free exit in investments while maintaining the sanctity and efficacy of our regulatory processes. This principle guides the divestment transactions in our upstream petroleum sector, where we are committed to changing the fortune positively. As such, the ExxonMobil Seplat divestment will receive ministerial approval in a matter of days, having been concluded by the regulator, NUPRC, in line with the Petroleum Industry Act, PIA. This was done in the same manner as other qualified divestments approved in the sector.”
The President also seized the opportunity to plead with Nigerians to be patient with his administration’s reform policies. “As your President, I assure you that we are committed to finding sustainable solutions to alleviate the suffering of our citizens. Once again, I plead for your patience as the reforms we are implementing show positive signs, and we are beginning to see light at the end of the tunnel”.
“Our energy transition programme is on course. We are expanding the adoption of the Presidential Initiative on Compressed Natural Gas for mass transit with private sector players. The Federal Government is ready to assist the thirty-six States and FCT in acquiring CNG buses for cheaper public transportation.
Fellow Nigerians, while we are working to stabilise the economy and secure the country, we also seek to foster national unity and build social harmony and cohesion. Our economy can only thrive when there is peace”. he enthused.
Oil
ExxonMobil To Invest $10bn In Nigeria’s Deep-Water Oil Operations
As part of the administration’s push to improve Ease of Doing Business (EoDB), Nigeria’s Vice President Kashim Shettima has expressed support for ExxonMobil’s plan to invest $10 billion in the country’s deep-water oil sector.
Speaking on Wednesday, September 25, 2024, during a meeting with ExxonMobil executives at the 79th United Nations General Assembly (UNGA) in New York, Shettima called the investment “a clear testament to the administration’s economic reforms and investor-friendly policies.”
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This announcement follows news that international maritime company DP World intends to develop a multibillion-dollar port project in Nigeria.
Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications, shared the development in a statement on Wednesday. He quoted Shettima as saying: “ExxonMobil’s potential investment aligns with the vision of President Bola Ahmed Tinubu’s administration for a more investment-friendly Nigeria.
We are committed to fostering an environment that supports such transformative projects.”Shettima also discussed the administration’s broader efforts to improve the ease of doing business, highlighting the “Renewed Hope Agenda,” which aims to simplify bureaucratic processes, enhance transparency, and offer fiscal incentives to attract global investors.
“Our administration has taken bold steps to unify the exchange rate, remove fuel subsidies, and implement tax reforms. These measures, though challenging in the short term, are intended to create a stable and predictable business environment in the long term,” he added.
On the oil and gas sector, Shettima mentioned that the government is revising the fiscal framework for deep-water operations to attract investment while ensuring fair returns for the Nigerian people.