Top Story

Ogoni Clean-up commences in two weeks – FG

92

The Federal Government on Wednesday announced that 21 firms are to mobilise to site in the next two weeks following the contribution of $180 million by major oil companies for the clean-up of the Ogoni oil spills and reclamation of the environment.

The Minister of State for Environment, Ibrahim Jubril, revealed that the $180 million was currently domiciled in a special Escrow account with the Standard Chartered Bank of London.

He further explained that the funds were rallied from the Nigerian National Petroleum Corporation (NNPC), Shell Petroleum Development Company (SPDC) and other joint ventures companies and were being managed by the board of trustees of HYPREP (Hydro-Carbon Pollution Restoration Project).

“Currently, there is funding for the cleanup. But remember that this is the first time the government has done something. Because of the confidence that the oil companies have in the government, the governance structures that have been put in place, the opening of the Ogoni Trust Fund has been able to mobilize $180million dollars from the oil companies.

“The funds came from the NNPC, SPDC and other ventures. The $180 million is in the Escrow account with the Standard Chartered Bank of London and the Board of Trustee is managing it.

“So, as far as we are concerned, we can beat our chest and say that the Buhari administration has shown the way forward on this clean up exercise and we hope and pray that the people whom we are working for will have cause to laugh and smile very soon,” he stated.

Jibrin explained that the shortlisting of qualified companies which had been ongoing for couple of weeks now, has been concluded and “I can confidently tell you that before the end of this month, in the next week’s, there will be 21 companies that will be mobilised to site to start the work.”

He revealed that the Ministerial Tender Board sat a day earlier to consider the submission of the procurement department of Hydrocarbon Pollution Remediation Project (HYPREP) and 15 lots were up for grabs, which the governing council of the Ogoni Trust Fund will meet this Friday to ratify with the hope that the contractors will be mobilized to site next week or after.

“There are some other five lots. Because we are 21 in this first segment that are beyond the reach of the Ministerial Tender Board and the Governing Council, that one will go to the Federal Executive Council.

“We have already written to BPP for ‘no-objection’ and we hope to get the ‘no-objection’ hopefully by next week. So, the next two weeks those five lots will be presented to the Federal Executive Council for approval. So I can assure you that we are on course and there is no going back on the Ogoni clean up”, he stated.

 

Leave a comment

Related Articles

Update: Nigeria Immigration Service has put former Gov. Yahaya Bello on the watchlist

More woes for the former Kogi State Governor, Mr. Yahaya Bello, as...

Tinubu directs overhaul of nation’s tiers of education system

President Bola Tinubu has approved the comprehensive overhaul of Nigeria’s educational system...

EFCC operatives allegedly barricade ex-Kogi Gov. Yahaya Bello’s Abuja residence

Operatives of the Economic and Financial Crimes Commission (EFCC) have allegedly barricaded...

Cubana Chief Priest arraigned in Lagos, gets N10m bail after pleading not guilty

Businessman and socialite, Pascal Okechukwu, popularly known as Cubana Chief Priest, was...

Pres. Tinubu launches National Single Window project, to generate annual $2.7bln revenue

“This initiative will link our ports, government agencies and key stakeholders, creating...

FG has rescued over 1,000 abductees without ransom payment — NSA Ribadu

The National Security Adviser, retired AIG Nuhu Ribadu, says the Federal Government...

Breaking: FG kicks start disbursement of N200bln palliative business loans

President Bola Tinubu administration’s promise to give the needed fillip to entrepreneurial...

Senate President to Police I-G: Rid Police Force of corrupt officers

“As we honour the good officers, let us weed out the bad...

Invasion of Oyo Govt Secretariat: Police parade 21 suspected Yoruba Nation agitators in Ibadan

The police in Ibadan paraded no fewer than 21 suspected Yoruba Nation...

Breaking: Emefiele gets N50m bail

A former Central Bank of Nigeria Governor, Godwin Emefiele, was on Friday...

EFCC to clampdown on schools, hotels, supermarkets, others dollarizing transactions

….vows to put in jail anyone found to be dollarizing the economy...

Breaking: Nigeria to get oil-backed $1bln Afreximbank loan in May

Nigeria is set to receive $1.05 billion from a syndicated loan backed...

Breaking: Court remands Binance executive in Kuje prison

A Federal High Court in Abuja has remanded Binance executive, Tigran Gambaryan,...

Ex-CBN Gov. Emefiele arrives Lagos court, faces fresh 26-count charge

Godwin Emefiele, the immediate past Central Bank of Nigeria Governor, has arrived...

Ex-CBN Gov. Emefiele faces fresh 26-count charge

The Economic and Financial Crimes Commission (EFCC) has filed a fresh 26-count...

Global peace is attainable, says Pres. Tinubu

President Bola Tinubu has called for a peaceful, just, and inclusive society,...

Paris 2024: Super Falcons outplay Bayana Bayana in Abuja, win first leg 1-0

Hard-fought victory for the Super Falcons in Abuja as Rasheedat Ajibade’s goal...

Nigerian Idol 2024: Simi, D’banj, Obi Asika dropped

In anticipation of the upcoming season of Nigerian Idol, fans are buzzing...

New York records 4.8 magnitude earthquake

The earthquake sent tremors from Philadelphia to Boston and jolting buildings in...

Gavi pledges $250m grant for Nigeria’s vaccine initiatives

In a bid to strengthen Nigeria’s healthcare system, Gavi, the Vaccine Alliance,...