• About Us
  • Contact Us
  • Privacy & Policy
Saturday, May 17, 2025
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
Advertisement
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
  • National
  • Politics
  • Economy
  • Entertainment
  • Sports
  • Editorial
  • Opinion
  • Columns
No Result
View All Result
Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history
No Result
View All Result

Federal Government Sends Strong Warning IOCs for Ignoring Gas Flaring Regulations

Vincent Amadi by Vincent Amadi
March 4, 2025
in Economy
Reading Time: 3 mins read
A A
0
Federal Government Sends Strong Warning IOCs for Ignoring Gas Flaring Regulations
Share on FacebookShare on TwitterShare on WhatsappShare on EmailShare on Telegram

The Federal Government of Nigeria has sounded a stern warning to international oil companies (IOCs) operating within the country, urging them to adhere to the gas flaring regulations set by regulatory agencies in Nigeria.
It stated that though a few international oil companies often adhere to these guidelines, most oil companies do not, stressing that this is unacceptable.
The Deputy Minister of Environment, Iziaq Salako made the announcement at the Third National Extraction Dialogue 2024 organized by the non-governmental organization ‘Spaces-4-Change’ in Abuja.
He said, “Following my directive to NOSDRA (National Oil Spill Detection and Response Agency) in March this year, while a few international oil companies and other operators are heeding the call of the government for gas flare transparency and accountability, most international oil companies are not responding.
“They expect to be called by NOSDRA, which reflects a disregard for Nigeria’s environmental sustainability agenda.”
He said this was unacceptable as Nigeria was determined to stop gas flaring, adding that the country had a timeline and commitment in sight. It was difficult to achieve that target. However, according to the minister, the government is imposing penalties on IOCs and other local operators in the oil sector to prevent gas flaring.


Salako told participants at the event that the Federal Government will not tolerate such disregard for gas flaring guidelines, adding that operators have a responsibility to set an example and support Nigeria’s vision to stop gas flaring.
“Let me, therefore, use this platform to issue a strong warning from the Federal Ministry of Environment, acting on its mandate to secure a quality environment conducive to good health and well-being of flora and fauna, we no longer tolerate such disregard to the legitimate call of NOSDRA.
“Operators in the Nigerian oil and gas sector have a responsibility to lead from the front, to support the vision of Nigeria to end gas flaring, not just in the interest of the country, but in the overall interest of our planet,” the minister declared.
The Executive Director of Spaces-4-Change, Victoria Ibezim Ohaeri, called on all stakeholders to work together to achieve Nigeria’s net zero target by 2050.
“The risks are high and gas flaring will have far-reaching social, economic, and environmental impacts, particularly on the communities we host today. Gas flaring worsens global warming. It leads to economic losses and wastes potential electricity generation capacity.”


“But it is within our power to change that. Reducing gas flaring can significantly reduce carbon emissions, unlock economic value, and foster economic development that benefits all Nigerians.”
“Through our collective efforts, we can lead Nigeria to a sustainable future and ensure that natural resources are managed responsibly for the benefit of current and future generations,” she said.
The Executive Director, Nigeria Extractive Industries Transparency Initiative, Dr. Ogbonnaya Orji, said the agency’s latest report on the oil and gas industry showed that 884 million standard cubic feet of gas were flared in 2011, compared to 249 million cubic feet in 2021.
Data collected showed that flaring had decreased by 51.27 percent of the gas volume flared. Orji found that 9.8 percent of gas produced and used in 2021 was flared and 55 percent was sold, indicating that gas flaring had fallen by about 50 percent between 2021 and 2020.
“Although this is a remarkable improvement, we must strive to meet our country’s target of 100 percent gas flare elimination by 2025 which is just one year away and six years away from the global commitment of 2030,” the NEITI boss stated.

Tags: business
Vincent Amadi

Vincent Amadi

Related Posts

Obasanjo stresses dangers of continued economic hardship
Economy

Obasanjo stresses dangers of continued economic hardship

4 hours ago
Nigeria joins European Bank for Reconstruction and Development
Economy

Nigeria joins European Bank for Reconstruction and Development

18 hours ago
Seplat reveals interest in well revival and more output target
Economy

Seplat reveals interest in well revival and more output target

2 days ago
‘Nigeria First’ Policy: FG Projects ₦3trn Contribution To Economy 
Economy

‘Nigeria First’ Policy: FG Projects ₦3trn Contribution To Economy 

4 days ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

NATIONS NEWS

Port Harcourt: Drama as Pro Wike, Fubara clash in Town Hall meeting
National

Port Harcourt: Drama as Pro Wike, Fubara clash in Town Hall meeting

4 hours ago
Obasanjo stresses dangers of continued economic hardship
Economy

Obasanjo stresses dangers of continued economic hardship

4 hours ago
Akwa Ibom 2027: Stakeholders Adopt Incumbent President, Senate President, Governor As Sole Candidates 
National

Akwa Ibom 2027: Stakeholders Adopt Incumbent President, Senate President, Governor As Sole Candidates 

4 hours ago
Simon Ekpa Charged To Court In Finland For Inciting Terrorism
International

Simon Ekpa Charged To Court In Finland For Inciting Terrorism

18 hours ago
I have confidence in Tinubu’s energy reforms– Kola Adesina, Sahara Group MD
National

I have confidence in Tinubu’s energy reforms– Kola Adesina, Sahara Group MD

18 hours ago
Economic Reforms: Tinubu Says Policy Meant To Avert Collapse, Not Punish Nigerians.
International

Tinubu invited to Pope Leo XIV’s inauguration in Rome

18 hours ago

POLITICS

Oshiomhole Drags Atiku, Says He Is Better Placed To Write About Defection

Oshiomhole Drags Atiku, Says He Is Better Placed To Write About Defection

3 days ago
2027: Tinubu’s Second Term Bid Non-Negotiable – Okpebholo 

2027: Tinubu’s Second Term Bid Non-Negotiable – Okpebholo 

3 days ago
Wike: PDP will soon implode

Wike: PDP will soon implode

4 days ago
2027: Atiku has the right to contest for President again – PDP Chieftain

2027: Atiku has the right to contest for President again – PDP Chieftain

5 days ago
Protest erupts over imposition of candidates across LCDAs at Lagos APC primary 

Protest erupts over imposition of candidates across LCDAs at Lagos APC primary 

6 days ago
More Dilemma For PDP As Three Kebbi Senators Defect To APC

More Dilemma For PDP As Three Kebbi Senators Defect To APC

6 days ago

YOUR ECONOMY

Obasanjo stresses dangers of continued economic hardship
Economy

Obasanjo stresses dangers of continued economic hardship

4 hours ago
Nigeria joins European Bank for Reconstruction and Development
Economy

Nigeria joins European Bank for Reconstruction and Development

18 hours ago
Seplat reveals interest in well revival and more output target
Economy

Seplat reveals interest in well revival and more output target

2 days ago
‘Nigeria First’ Policy: FG Projects ₦3trn Contribution To Economy 
Economy

‘Nigeria First’ Policy: FG Projects ₦3trn Contribution To Economy 

4 days ago
Farmers in South-South region bemoan lack of government support
Economy

Farmers in South-South region bemoan lack of government support

5 days ago
Stock market records 34 gainers, 33 losers and N313billion decline 
Economy

Stock market records 34 gainers, 33 losers and N313billion decline 

7 days ago

E & P

Super Eagles Star Striker, Taiwo Awoniyi Out Of Coma – Media Sources
Sports

Super Eagles Star Striker, Taiwo Awoniyi Out Of Coma – Media Sources

by Emmanuel Ademola
2 days ago
0

Media sources have reported that Nottingham Forest's striker, Taiwo Awoniyi,  has regained consciousness after an induced coma following urgent surgery...

Awoniyi Rushed To Hospital For Abdominal Surgery After Goal Post Collision 

Awoniyi Rushed To Hospital For Abdominal Surgery After Goal Post Collision 

4 days ago
11th AMVCA: Femi Adebayo’s ‘Seven Doors’ Sweeps  Top Honours

11th AMVCA: Femi Adebayo’s ‘Seven Doors’ Sweeps  Top Honours

6 days ago
It’s the toughest season of my career, says Pep Guardiola of Man City

It’s the toughest season of my career, says Pep Guardiola of Man City

7 days ago
Man Utd Ease Past Athletic Bilbao To Set Up An All English Finals With Spurs 

Man Utd Ease Past Athletic Bilbao To Set Up An All English Finals With Spurs 

1 week ago
Naira Abuse/money laundering: Socialite E-Money lands in EFCC net.

Naira Abuse/money laundering: Socialite E-Money lands in EFCC net.

3 weeks ago

YOUR THOUGHT & HISTORY

ON THE PUBLIC NUISANCE CALLED SOWORE
Opinion

ON THE PUBLIC NUISANCE CALLED SOWORE

by Kiikpoye Karibo
3 months ago
Data Visualizations
Columns

Five Key Considerations for Creating Effective Data Visualizations

by Blessing Chinyere Daniel
4 months ago
The Transformative Power of AI in Revolutionizing Industries and Empowering Growth
Columns

The Transformative Power of AI in Revolutionizing Industries and Empowering Growth

by Blessing Chinyere Daniel
5 months ago
Navigating the Turbulent Terrain of Entrepreneurship: The Power of Tenacity, Growth Mind-set, and Grit
Columns

Navigating the Turbulent Terrain of Entrepreneurship: The Power of Tenacity, Growth Mind-set, and Grit

by Uloma Harrison-Ikenwanze
5 months ago
The Power of Data in Today’s World
Columns

The Power of Data in Today’s World

by Blessing Chinyere Daniel
5 months ago

Who we are

Umpirenews | Latest News, Politics, Breaking News, Nigeria and African history

Welcome to Umpire News, your go-to online newspaper dedicated to broadening perspectives and expanding the horizons of our numerous readers. Read more

Browse by Category

  • Columns
  • Economy
  • Editorial
  • Entertainment
  • International
  • National
  • News
  • Opinion
  • Politics
  • Sports

Recent News

Port Harcourt: Drama as Pro Wike, Fubara clash in Town Hall meeting

Port Harcourt: Drama as Pro Wike, Fubara clash in Town Hall meeting

May 17, 2025
Obasanjo stresses dangers of continued economic hardship

Obasanjo stresses dangers of continued economic hardship

May 17, 2025
  • About Us
  • Contact Us
  • Privacy & Policy

© 2024 Copyright Umpirenews. All rights reserved

No Result
View All Result
  • Home
  • National
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Editorial
  • Opinion
  • Columns

© 2024 Copyright Umpirenews. All rights reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
🤑Join & Get Our Easter Gifts 🤑

Enter your NAME & Email NOW!!

Be among the 1st 100 lucky WINNERS to win our Amazing GIFTs this Easter Period as you READ our Daily hot NEWs & make meaningful comments and follow us on our social media handles.

Name
Enter your email address