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Nigeria Requires $410bn By 2060 To Address Energy Constraints, Policy Flexibility – Sylva

Energy , crude
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The Federal Government has revealed that in order to tackle Nigeria’s energy constraints and policy flexibility, it will require $410 billion by the year 2060.

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It explained that the sum of $10 billion will be needed per annum to achieve the transition plan.

Minister of State for Petroleum Resources, Timipre Sylva, represented by the Permanent Secretary, Gabriel Tanimu Aduda,
stated this at the 7th Meeting of National Council on Hydrocarbons in Minna, Niger State.

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Speaking on the theme, Roadmap and Strategic Option Towards Achieving Energy Transition in Nigeria, Sylva explained that the country is committed to achieving carbon neutrality, ending energy poverty by lifting 100 million people out of poverty and driving economic growth.

“Nigeria will be one of the 50 to have launched its guidelines for the management of fugitive methane and greenhouse gases emissions in the upstream oil and gas sector latest this year.

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“Hence, the gathering of experts and policy makers in energy sector was designed to discuss and review energy related issues, identified opportunities, problems to proffers solutions in line with global best practices,” he revealed.”

The minister also disclosed that the country, through the Solid Minerals Development Fund is on the verge of unveiling its cutting edge technology in gold mining to eliminate harmful reagents, use of cyanide for human and environmentally friendly practices.

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On Hydro carbons deposit in the Bida basin-, Sylva added, “thirty-four memorandums were received, seven were merged while eleven were stepped down. The memos were presented to the council for consideration that the Niger State has large quantity of solid resources and hydrocarbon deposit in commercial quantity”.

Also, Niger State Governor, Alhaji Abubakar Sani Bello, in his address said the state has commercial deposit of hydrocarbons in Bida Basin sequel to the progressive reports and findings of the consultants from IBBU Lapai and FUT Minna.

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Bello who spoke through the Secretary to the State Government SSG Alh. Ahmed Ibrahim Matane appealed to the relevant agencies to expedite actions on the exploration in the Bida Basin for optimal benefits.

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Photos/Video: LASU class of 2004, Anthony Campus re-union anniversary

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The class of 2004, Public Administration of the Lagos State University (LASU) Anthony Campus re-union second anniversary get together on Saturday.

Old classmates had a lot share and had time to dance and celebrate old times.

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See/watch video below:


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Finally, after terrorists attack, NRC to resume Abuja-Kaduna rail operations on Monday

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Finally, the Nigeria Railway Corporation (NRC) will resume the Abuja-Kaduna passenger train service on Monday, with only two return services after the terrorists attack.

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Naijablitznews.com reports this was contained in a statement issued and signed by the Managing Director of the NRC, Fidet Okhiria.

The statement shows the first train will depart Rigasa train station in Kaduna state to Abuja by 8:00 in the morning while from Abuja, the first train will depart Idu train station to Kaduna state by 9:45 in the morning.

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The NRC management also revealed that as part of the new security measures, it is now mandatory for passengers to present their National Identity Number and valid Boarding Ticket before they will be allowed to board.

It also says the purchase of tickets by proxy is only limited to minors and a specified number of adult passengers.

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Online and mobile app ticketing will be available from 8:00 in the morning on Sunday, December the 4th, 2022 while the ticket offices at the train stations will open from 6:30 in the morning on Monday, December the 5th.

Recall that the NRC suspended train service along the route after Boko Haram terrorists attacked a moving passenger train in Kaduna on March 28, 2022.

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The insurgents had blown up the rail track and bombed the moving train, killing some and abducting more than 60 passengers. The unprecedented attack attracted international and national outrage.

The terrorists, who attacked the Kaduna-bound train released hostages in tranches with the last release coming on October 5, 2022.

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Before the hostages were completely released, distraught family members had protested several times to demand the release of their loved ones.

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Peter Obi Attends Gospel Musical Concert ‘The Experience’ In Lagos+Photo

Peter Obi
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The presidential candidate of the Labour Party, Peter Obi, on Friday, attended the annual gospel musical concert organised by House On The Rock church in Lagos.

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Upon his introduction, Obi was welcomed with cheers from the crowd.

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