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Fed Govt Slightly Reverse The Price of PMS

Queue at the filing station  The President,  Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr  Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...

We will support Nigeria's zero carbon emission goals' says Chevron

By Akinola Ajibade
Chevron Nigeria Limited will support Nigeria's goal of becoming zero carbon emission nation by 2060,  its  Communication Manager, Mr Victor Anyaegbudike has said.
Chevron is one of the oil majors or International Oil Companies (IOCs) operating  in the country.
While speaking at the Nigerian-American Chamber of Commerce ( NACC) breakfast meeting in Lagos,  Anyaegbudike noted that the company has taken some steps along that line, prior to 2019, when the Federal Government declared its intention to make 2020 to 2030, a decade of gas revolution.
Recall that the government gave itself a 10 years mandate deepening the use of gas in Nigeria.
During the period, the Federal Government plans to record 95 per cent in the area of gas flaring , with a view to ensure environmental sustainability.
According to him, Chevron is taking a deliberate actions in order to ensure that Nigeria attains its net zero-carbon emission goals. 
Explaining further, Anyaegbudike said that gas, which are expected are to be flared are now being gathered in pipelines, with a view to purify and commercialise it for growth of the country.
“Chevron has done a lot to reduce gas flaring, coupled with the fact it is impacting communities in order to achieve 100 per cent zero flaring soon and further  stop the incidence of health hazards," he said.
He said  Chevron would continue to  impact on the  environment, through its  community and policy's programme.
Chevron through its global's  Global Memorandum of Understanding programmes would continue to engage stakeholders, conflict resolution, reputation management and peacebuilding.

He added that the company has achieved 16 years of community development, with over 400 communities impacted and over 600,000 beneficiaries,adding that it was at the forefront of fighting HIV/AIDS and was very committed to the highest standard of environmental conservation practices in Nigeria and throughout its global operations.

In her remarks, the NACC President, Dame Adebola Williams, said that Chevron had in past decades  operated successfully as a joint venture partner with the Nigerian National Petroleum Corporation for onshore and offshore operations particularly in Niger Delta.

Chevron, Anyaegbudike said, had partnered  United States Agency for International Development and the Niger Delta Partnership Initiative (NDPI) to address socio-economic challenges in the Niger Delta region.

“The Foundation for Partnership Initiatives in the Niger Delta is incorporated in Nigeria, with a view to implement and support some of its programmes in 2014, stressing that the firm has committed an additional $40 million fund to  NDPI through 2019. 

Adding that: " Chevron has contributed significantly in its past and existing social investment efforts by focusing on one strategic objective; achieving a peaceful, enabling environment for equitable growth, particularly in the Niger Delta as well as human capacity building initiatives for Nigerians as a whole,” she said.

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