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FG Supports Ex-Agitators With N1.5B Cooperative Program

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On Wednesday, Major General Barry Ndiomu (retd.), the Interim Administrator of the Presidential Amnesty Program, announced that the Federal Government has allocated N1.5 billion to assist a cooperative initiative benefiting 30,000 ex-agitators in the Niger Delta region.

 

The goal of the program is to promote the self-sufficiency of the militants and reduce their reliance on the monthly stipends of N65,000.

 

Major General Ndiomu revealed that the PAP Cooperative Society Limited has been launched in Abuja, and an initial deposit of N1.5 billion has been made at Providus Bank to facilitate the implementation of the scheme.

 

The program aims to allocate N500 million on a monthly basis to provide ongoing support to the ex-agitators. Presently, the cooperative scheme is exclusively focused on benefiting the former agitators

 

He expressed optimism that as the funds increase, they would expand to impacted communities and that the scheme would also benefit several people across the region.

 

He said “We on our part, will continue to support the cooperative with additional finance and the plan going forward is to provide a minimum of N500 million every other month to sustain it.

 

“The whole essence is to discourage reliance on the monthly stipends which you will all agree with me has brought the culture of indolence and is not in our best interest. So we have decided that rather than give them fish we should teach them how to fish,” he added.

 

Ndiomu emphasized that the primary objective of the initiative is to establish an alternative economic development scheme that would offer ex-agitators a sustainable and more prosperous source of income to foster the socio-economic growth of both their communities and the overall region.

 

Ndiomu further outlined that the ex-agitators themselves would take charge of managing the cooperative scheme, while the PAP office, along with its consultants, would closely supervise its operations.

 

He revealed that an Advisory Board, led by Justice Francis Tabai from the Supreme Court, would oversee and monitor the program.

 

Ndiomu clarified that the cooperative would collaborate with PAP beneficiaries to identify business opportunities that align with their respective skills to establish and develop these ventures into profitable enterprises.

 

Additionally, Ndiomu highlighted that the beneficiaries would receive technical and business development support to help them establish and sustain viable businesses to empower them to meet essential needs, generate employment opportunities, and contribute to the economic growth of the Niger Delta region.

 

The Interim Administrator, in his address, disclosed that the PAP’s focus would be on rice production as they have entered into a Memorandum of Understanding with communities to facilitate the development of rice farms.

 

Furthermore, he stated that discussions are underway with the International Institute of Tropical Agriculture to explore potential collaborations in this area.

 

The ultimate goal is for the ex-agitators to transition into entrepreneurs, and it is anticipated that the monthly stipends of N65,000 will be gradually phased out as they become self-sufficient.

 

One of the ex-agitators, HRM Henry Ekes, expressed his appreciation for the scheme, acknowledging that many of them had been concerned about their future prospects since returning to the creeks and engaging in disruptive activities was not a viable option.

 

Ekes highlighted that several other agitators were also in favor of the scheme, and he consistently encouraged them to view it as the path towards self-reliance.

 

He emphasized the significance of embracing the program, noting that its success would not only be advantageous for the ex-agitators themselves but would also bring benefits to the Niger Delta region as a whole.

 

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Adoption of AI Feature as NIPetGE Pays Courtesy Call at NNPC Ltd

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Enhanced adoption of artificial intelligence and other digital technologies to improve operations in Nigeria’s oil and gas industry is taking the centre stage in relevant circles.

The issue came up strongly when the President-elect of the Nigerian Institute of Petroleum and Gas Engineers NIPetGE, Prisca Kanebi, paid a courtesy call at the Nigerian National Petroleum Company Limited (NNPC Ltd), Abuja.

Biztellers reports that the Kanebi led delegation was received by the Group Chief Executive Officer of the NNPC Ltd, Bayo Ojulari, represented by the Executive Vice President, Gas, Power and New Energy, Olalekan Ogunleye.

According to a statement made available on Sunday, discussions at the meeting focused on the future of Nigeria’s hydrocarbon industry amid global energy transition concerns, technological changes and sustainability targets.

ALSO READ: NNPC Ltd, IOCs Raise Crude Supply to Local Refineries by 103% in 4 Months

The statement indicated that the NNPC Ltd acknowledged the role of NIPetGE in policy advocacy, technical development and innovation within the sector.

Speaking during the meeting, Kanebi highlighted recommendations from the institute’s recent conference, including the proposed establishment of a national centre for intelligent energy systems to support the deployment of artificial intelligence, the Internet of Things and robotics across the petroleum value chain.

She also commended the Federal Government’s decarbonisation efforts and reiterated the institute’s support for policies aimed at improving sustainability in the industry.

The institute also recommended the creation of a hydrocarbon-linked emissions trading system to allow Nigeria to take part in global carbon markets.

The institute also proposed fiscal incentives to support local manufacturing and service delivery in the oil and gas sector, as well as the expansion of the Energy Transition Plan to include measurable upstream decarbonisation targets backed by tax credits.

Other proposals included increased public-private partnerships in emission control infrastructure, carbon capture projects and hybrid renewable energy initiatives.

Both organisations also stressed the need for stronger collaboration between industry and academic institutions to improve professional capacity and align petroleum engineering practice in Nigeria with international standards.

The institute further disclosed that its bill seeking chartered status had passed second reading and was progressing towards a third hearing at the National Assembly.

It added that NNPC Ltd pledged support for future collaborations with the institute on initiatives aimed at improving efficiency and innovation in the energy sector.

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FHC Orders NUPRC to Comply with PIA

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Local Firms Lead Revival of Idle Oil Wells – SPE

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Nigeria’s indigenous oil and gas companies are reopening dormant wells and ramping up production from assets acquired from international oil companies (IOCs) to boost crude oil output.

The Society of Petroleum Engineers (SPE), Nigeria Council, made the assertion through its Chairman, Francis Nwaochie, on the sideline of the Offshore Technology Conference (OTC) which ended at the weekend in Houston, Texas.
Nwaochie said indigenous operators were already taking advantage of opportunities created by disruptions in the global energy market to increase production from existing assets.

According to him, local firms that recently acquired onshore and shallow water assets from IOCs were aggressively reviving inactive wells and maximizing available infrastructure to raise output levels.

“What we are seeing now is that indigenous companies are reopening wells from the assets they acquired from the IOCs. Some of them have almost doubled production from those existing assets,”.

He explained that the renewed focus on dormant wells and existing facilities had become critical at a time the global oil market was facing supply shortages triggered by geopolitical tensions in the Middle East.

The SPE Nigeria Council Chairman noted that Africa, particularly Nigeria, was well positioned to benefit from the supply gap because of the continent’s relative stability compared to some other oil-producing regions.

“There is a huge opportunity for Africa right now. The focus is gradually shifting to Africa because of the volatile environment in many other producing regions.”

He stated that indigenous operators were leveraging digital technologies, financing opportunities and local expertise to improve production efficiency and optimise existing fields.

He added that stronger implementation of local content policies was also helping to create a more stable operating environment for oil and gas investments.

“Local content is very critical. Once communities and local companies clearly understand their roles and benefits, then you create peace across the industry. Business only thrives in peaceful environments.”

ALSO READ: Nigerian Navy Recovers Large Cache of Illegal Refined Petroleum Products

Nwaochie also stressed the need for Nigeria to move beyond crude oil production and begin developing indigenous technologies for the energy industry.

According to him, SPE Nigeria Council was actively supporting innovation and technology development among young Nigerian engineers and researchers.

He disclosed that the association was engaging the National Universities Commission(NUC) on reforms to engineering curricula in universities to better prepare graduates for the future of the energy industry.

“One of our major focuses in SPE is technology development. We should not only import machines and equipment, we must begin to develop our own technologies locally.”

Nwaochie revealed that SPE was already supporting local innovators working on technologies such as remotely operated underwater vehicles (ROVs), noting that indigenous technology development will strengthen Nigeria’s economy and deepen local participation in the oil and gas sector.

“We may not get everything right immediately but we must start somewhere. That is how countries that dominate the global energy industry built their capacities.”

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