Author name: Godswill Odiong

NCDMB completes 83% of the Nigerian Content Roadmap

…Wabote Cautions Against Relapse In Local Content Drive The 12th Practical Nigerian Content Forum 2023 got underway on Tuesday at the Nigerian Content Towers,Yenagoa, with the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote announcing that the agency has completed 83 percent of the 96 initiatives it started […]

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COP28: European Investment Bank to co-finance climate action projects with the Brazilian Development Bank

European Investment Bank (EIB) (EIB.org) Vice-President Ambroise Fayolle and President of the Brazilian Development Bank (BNDES) Aloizio Mercadante signed a memorandum of understanding today at COP28 in Dubai, to explore co-financing opportunities in the renewable energy, environment and social sectors in Brazil, including in the Amazon region. The memorandum of understanding will strengthen coordination between

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COP 28: EIB Global co-signs Joint Declaration on the Just Transition Investment Platform for North Macedonia

The declaration brings together partners to help the country mobilise investments, policy support and technical assistance to accelerate the energy transition and meet its climate and development goals; EIB Global (https://www.EIB.org) will help accelerate its implementation through enhanced technical support and financing; in 2023, the Bank has invested over €100 million to support green projects

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

OPINION: Leapfrogging Is Not the Quick Energy Fix the World Seems to Think It Will Be

By NJ Ayuk As the hottest year ever recorded draws to a close, climate change is passing from theory to reality and gaining ever-increasing urgency in statehouses around the world. The goal of achieving net zero CO2 emissions worldwide by 2050 is widely agreed upon by climate experts as necessary to avoid irreversible changes in

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FG SET TO COMMENCE DISBURSEMENT OF PRESIDENTIAL GRANTS, LOANS TOBUSINESSES

As part of the Presidential Palliative Programme, the Federal Government of Nigeria has announced the kick-off of two programmes targeted at alleviating the impact of the fuel subsidy removal – the Presidential Conditional Grant Programme and the Presidential Palliative Loan Programme. This was revealed in a recent press release issued by the Honourable Minister for

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NNPC to Work with Partners to Reduce Methane Emissions-Eyesan, EVP Upstream

NNPC Ltd. has expressed its commitment to work with global partners in the march towards reducing methane emissions in oil and gas operations. On the sidelines of the ongoing United Nations Climate Change Conference, also known as COP28, taking place in Dubai, the United Arab Emirates, the Oil and Gas Decarbonization Charter was released. The

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NNPC/SNEPCo remodeled Arrival Hall lights up Lagos Airport

The Nigerian National Petroleum Company Limited (NNPC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo), on Friday, inaugurated a new-look Arrival Hall “E” at Murtala Mohammed International Airport (MMIA) Lagos, which has been remodelled to help ease immigration checks. Among other improvements, the arrival hall was redesigned and redecorated with the number of clearance

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Kyari, Kerry, Moynihan, others discuss climate issues at COP28 in UAE

Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Malam Mele Kyari joined other global personalities on Thursday, November 30, 2023, in Dubai, UAE, to brainstorm on climate issues and its rising complexities. On the sidelines of the 2023 United Nations Climate Change Conference, or Conference of the Parties of the UNFCCC,

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UNGA 79: African Development Bank calls on DFI’s to put peace into action to promote peace and stability in Africa

Tanzania: Bank operations produce results beyond expectations — Country Strategy Paper

The African Development Bank’s (www.AfDB.org) Country Strategy Paper (CSP) for Tanzania has been implemented over the last two years with the programmed operations during the period producing results that exceed expectations, according to the mid-term review of the CSP 2021-2025 (https://apo-opa.co/3sFaSLg) published on 9 November. The rate of access to drinking water in the project

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

OPINION: The Developed World’s Broken Promises: How Can Africa Finance the Energy Transition?

By NJ Ayuk From an African perspective, one of the most important things to come out of COP15, the 2009 United Nations Climate Change Conference in Copenhagen, was the formal recognition of the fact that lower-income countries were not in a position to bear as much of the cost of the energy transition as their

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