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WED 2024: CNL’s Commitment To Sustainability, Restoration
Since 1973, June 5 every year has been celebrated as World Environment Day (“WED”); a day set aside to raise awareness and promote actions to address environmental issues including marine pollution, overpopulation, global warming, sustainable development, wildlife crime, among others.
The focus for this year is on land restoration, desertification and drought resilience under the slogan “Our land. Our future. We are #GenerationRestoration.”
Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited and CNL, identifies with this global action as it aligns with our commitment to protecting the environment while providing affordable, reliable, and ever-cleaner energy that enables human progress.
CNL’s operations are conducted with sound environmental management practices in compliance with all applicable laws and regulatory requirements, stakeholder expectations and best industry practices.
This commitment to environmental stewardship, is a key part of CNL’s Operational Excellence integral to project planning and assets life cycle management.
CNL places the highest priority on the safety of the people and the environment in its areas of operation.
Jim Swartz, CNL’s Chairman and Managing Director (“CMD”), explains that the theme for the year is consistent with the company’s values and environmental principles anchored on considering the environment in decision making, minimizing environment footprint, operating responsibly, and stewarding our sites. “We take proactive measures to prevent negative environmental impacts when we do every task or plan projects. We identify and manage risks to the environment and reduce potential environmental impacts throughout the life of our assets.”
Jim speaks further on the company’s focus on environmental stewardship, “We protect the environment through responsible design, development, operations and improve the integrity and reliability of our systems. We work to decommission, remediate
and reclaim applicable sites, following environmental procedures and best practices.”
The CMD also affirms CNL’ s dedication to achieving world class environmental excellence through its risk management process. We apply our Environment Risk Management process to identify, assess, mitigate, and manage environmental, community health, and social risks related to our operations, he said.
“We also conduct regular environmental monitoring of the biodiversity in our onshore, offshore, and deep-water areas, including vegetation, wildlife, fishery, and marine mammals. We use a risk-based approach to manage water and biodiversity risks throughout the life-cycle of our assets and business.
Esimaje Brikinn, General Manager, Policy, Government and Public Affairs said the company also partners with local communities in its areas of operation to raise awareness and cooperation in implementing environmental sustainability actions.
According to him, CNL’s waste management philosophy covers the entire life cycle of waste and ensures that all the wastes generated from its operations are managed responsibly from cradle to grave, applying its third-party Waste Stewardship process as applicable.
Esimaje cites the company’s mangrove restoration program to demonstrate its dedication to environmental stewardship and proactive approach to addressing the challenges of ecosystem restoration in the Niger Delta. “As part of our restoration efforts, we successfully restored approximately 18 hectares of land at different sites in our Western Area of operations which suffered fire incidents due to third party interference. The mangrove restoration also enabled CNL to impact the community positively through training of community women on identification of viable mangrove propagules, raising them in the nursery for transplanting of thousands of mangrove seedlings.”
CNL, he added, continues to demonstrate its commitment to environmental stewardship through its lower carbon strategy, focused on lowering the carbon intensity of its operations by implementing methane detection and reduction capabilities. This has enabled CNL to reduce routine gas flaring by over 97% in its operations in the past 10 years, showing its environmental responsibility.
As a corporate member of the Nigerian Environmental Society, CNL promotes the engagement and commitment to environmental protection actions in Nigeria. In 1992, the company, in partnership with the Nigerian Conservation Foundation (“NCF”), established the Lekki Conservation Centre, as a center of excellence in environmental research and education, which is also reserved as a sanctuary for the rich flora and fauna of the Lekki Peninsula.
Other initiatives include its support for the yearly postgraduate research grants for two PhD students in environment and conservation, instituted by the NCF; the annual S.L. Edu Memorial Lecture to promote environmental management awareness, and partnership with the Lagos State Government and NCF to sponsor the annual Walk for Nature event to create awareness for nature conservation and environmental issues.
According to Esimaje, “CNL’s efforts in environmental stewardship have continued to be recognized and applauded in the Nigerian oil and gas industry. CNL has a long history of working in collaboration with regulators and relevant stakeholders to identify and protect biodiversity in its areas of operation.”
As the world focuses on restoring land, preventing desertification, and coping with drought, CNL remains focused on its environment strategy “to further our ability to help protect and enhance biodiversity, manage waste generation and circularity, reduce air emissions, manage water resources and manage asset retirement requirements,” says Jim Swartz.
Following the marginal reduction of the pump prices of premium motor spirit (PMS) by the Dangote Petroleum Refinery and the Nigerian National Petrol Company Limited (NNPC Ltd), civil society groups have reacted by calling for further downward review.
Recall that the Dangote Petroleum Refinery had announced a partnership with MRS Oil and Gas to offer petrol at N935 per litre at retail outlets, while it reviewed the ex-depot price from N970 to N899.50 per litre.
The move, saw state oil major, the Nigeria National Petroleum Company peg its retail prices at N965/litre.
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However, the civil society groups are of the opinion that the price reduction, fall short of expectations.
According to the Chairman, Centre for Accountability and Open Leadership, Debo Adeniran, the reduced price of N935/litre was still expensive and unsatisfactory.
He pointed out that petrol was just one of the products coming out of crude and that both government and private business could still give out free petrol to citizens while making huge profits from the other products.
In his words, “Well, we believe that if NNPC and the private sector actually give out PMS for free, they will still not run their business at a loss, because the other derivatives of petroleum products can still serve them, and can still make them to break even. So, even at that N900 and something, it’s still expensive.
“Dangote has kind of mooted the idea that it could drop to as low as N650. And if he has mulled this, then it means that it is the state, it is the NNPC that will have been the clog in the wheel of such progress. And you know also that we expected that fuel prices, especially PMS prices, will drop below N200 when Dangote was expected to come on stream.
“So, it’s unfortunate that we are still talking about over N900 and they want us to jump up and rejoice for that. That is not satisfactory. They should just let us see the breakdown of their production cost and why it’s still there. I mean, there are countries like Libya under Gaddafi that gave out PMS for free and they didn’t run anything at any loss. So, I believe that it can still go further down.”
On his part, the Executive Director of the Civil Society Legislative Advocacy Centre, Ibrahim Rafsanjani, commended the reduction of fuel prices by the NNPC and Dangote, but said the government could still reduce the price.
“Dangote’s own is about N899 or something like that. Well first and foremost, we are happy that there is a little reduction in the prices. But also based on analysis and based on facts and evidences, we believe that it is possible for the Nigerian government to further reduce the prices.
“Because if a private company can reduce the price and it still makes profit, we wonder why government-owned enterprises cannot really pity its citizens,” he said.
The Central Bank of Nigeria (CBN) has announced a significant growth in the country’s economy, with a 3.46% increase in gross domestic product (GDP) in the third quarter of 2024.
This marks the third consecutive quarter of expansion, up from 3.19% in Q2 2024 and 2.54% in Q3 2023.
According to the newly published Q3 economic report, Nigeria’s GDP output rose to ₦20.115 trillion, reflecting a notable improvement from ₦18.285 trillion in the previous quarter.
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The CBN attributed this growth primarily to the performance of the non-oil sector, which grew by 3.37% compared to 2.80% in Q2 2024.
The report highlighted transportation, crop production, and other sub-sectors such as financial & insurance services, information & communication, trade, and real estate as major contributors to the expansion.
The non-oil sector accounted for 3.18 percentage points of the total growth rate.
“The expansion of the non-oil sector was driven by the performance of the financial & insurance, information & communication, crop production, trade, transportation & storage, and real estate sub-sectors,” the report stated.
Despite the economic growth, challenges persist. Inflation, particularly in food prices, remains a significant concern, standing at 39.93% as of November 2024.
Rising food and energy costs have also impacted transportation expenses, with intercity bus fares increasing by 20.23% year-on-year to ₦7,117.17 in July 2024, according to the National Bureau of Statistics.
Furthermore, the cost of petroleum, now exceeding ₦1,000 per litre, has driven up logistics and transportation expenses, adding pressure to households and businesses alike.
The CBN acknowledged these challenges, noting that the growth was achieved despite headwinds such as high inflation and rising operational costs.
Enhanced security measures in the Niger Delta have boosted domestic crude oil production, while restrictive monetary policies have helped moderate inflation in some areas.
“The growth recorded in the country is a result of continued efforts to improve the business environment, streamline cumbersome business processes, and deepen the quality of business infrastructure,” the CBN noted.
However, the report comes amid concerns over businesses exiting Nigeria due to persistent economic challenges.
Asharami Synergy, a leading downstream energy solutions provider, has demonstrated its commitment to community development and education by donating essential furniture to Gaskiya Junior School in Ijora, Lagos, Nigeria.
Biztellers reports that the social responsibility initiative was executed in collaboration with Sahara Group Foundation – the social impact vehicle of global energy conglomerate, Sahara Group.
It was gathered that the initiative is part of Asharami Synergy’s ongoing efforts to support education in communities.
The donation includes classroom desks and chairs for the JSS1 classes.
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CEO of Asharami Synergy, Nomnso Dike, said the project will create a more comfortable and functional learning environment and enhance student performance.
“We are delighted at the opportunity to support the attainment of Sustainable Development Goal (SDG) 4, which focuses on ensuring inclusive and equitable quality education. It has been a privilege to collaborate with the management and students of Gaskiya Junior School to deliver this project, and we look forward to future opportunities to enhance academic performance in this historic institution,” Dike said.
According to him, Asharami Synergy’s education-focused social impact initiatives have benefitted over 10,000 individuals. They focus on building capacity and providing the resources necessary to help students learn and grow sustainably.
“Education is the foundation of a brighter future, and at Asharami Synergy, we believe that every child deserves a learning environment that inspires and empowers them” he noted, adding, “This donation is not just about providing furniture; it’s a reminder to the students that their dreams are valid, and we are committed to helping them achieve their goals.”
Vice Principal Academic of Gaskiya Junior School, Sola Oladokun, commended Asharami Synergy for the donation, noting that it would inspire students to perform better with “increased concentration and fewer distractions”.
“These desks and chairs are a game-changer for our students. It’s heartwarming to see their excitement, and as teachers, we are equally thrilled because this will make teaching and learning more effective. We are incredibly grateful to Asharami Synergy and Sahara Group Foundation for this thoughtful intervention,” she added.
Two representatives of the students, Akin Moses and Chukwudi Gift, at the event said the donation would increase their “desire to dream bigger and concentrate better during lessons”.
Also speaking at the commissioning, COO at Asharami Synergy, Adekanmi Adesola, said, “What started as an opportunity to support the communities that host our operations has now come full circle. This donation directly impacts the lives of these students, and we are proud to bring smiles to the faces of the students and teachers.”
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