News
FG Decries Massive Effect of Corrosion on Nation’s Economy
FG Decries Massive Effect of Corrosion on Nation’s Economy
By: Michael Mike
The federal government has decried the massive effect of corrosion on the nation’s oil production and economy.
Speaking at the 2023 Nigerian Corrosion Association conference, NICA in Abuja on Monday, the Minister of State for Environment, Dr. Iziaq Salako said according to Nigeria Extractive Industries Transparency Initiative (NEITI) over 270 million barrels of national commercial crude oil production was lost between 2016 and 2020, at an estimated revenue loss of $14.6 billion, due to corrosion, operational faults and other factors.
He said furthermore, in 2021, 193 million barrels of crude oil deficit was allegedly recorded, which translated to an estimated $3.5 billion of revenue, about 10% of the country’s foreign reserves, noting that: “Corollary to revenue deficits are incidents of air and water pollution, loss of vegetation, land contamination, climate effects, manifesting in loss of livelihoods, quality of life, pollution burdens of diseases in impacted communities and huge costs of remediation and rehabilitation.”
The Minister, who was represented by a Director in the Ministry, Engineer Dilichukwu Etigbue said: “The costs associated with corrosion impacts on critical assets and associated losses are rapidly becoming unacceptable, but really hardly completely mitigatable, in today’s world where sustainability is a priority.
“Therefore, deploying appropriate eco-friendly strategies for corrosion management is not only the best sustainable infrastructural development, but a smart investment preventing highly expensive industrial failures and accidents. It also mitigates other safety hazards, linked indirectly with health,
quality of environment and carbon-footprints. The cumulative benefits thereof include an increased public safety, reliable performance, maximised assets life, environmental protection, and more cost‐effective operations on the long term.”
He assured that: “Federal Ministry of Environment places a premium on inclusive stakeholders’ participation in environmental governance,” soliciting for the support of NICA and other critical players in advancing a paradigm shift from traditional control processes with carbon and human/environmental exposure footprints, to sustainable effective, economic and environmentally friendly corrosion protection technologies/processes, in order to guarantee long-term sustainability of our national infrastructures and structures.
On the international level, he said a two-year study by the National Association of Corrosion Engineers (NACE), United States of America, estimated the corrosion cost as $2.5 trillion per year, or around 3% of global Gross Domestic Products (GDP).
He noted that: “The study, however, projected that implementing best practices in corrosion prevention could result in as much as $875 billion in savings. This claim was also corroborated by the World Corrosion Organisation (WCO).”
He decried that corrosion is also one of the major legacy challenges facing Petroleum Refineries and Chemical Process Industries globally, some of which have recorded incidental accidents leading to destruction of infrastructures and loss of personnel, he added that: “Among these are the Caribbean Petroleum Refining Tank Explosion and Fire Puerto Rico, 2009; Chevron Refinery in Richmond, California (2012); and Bhopal Pesticide Plant, India Incident of 1984, one of the world’s largest industrial disasters, resulting in the ill-fated death of nearly 8,000 people.”
The Minister of Transportation, Marine and Blue Economy, Gboyega Oyetola said that prevention and control of corrosion cannot be undertaken by the government alone, especially in the face of emerging innovations and advances in technological developments in addressing this phenomenon.
Oyetola while was represented by a Director in the Ministry, Engineer Shogo Omotayo said; “The significance of this conference in terms of addressing the critical issue of corrosion in building environmentally resilient infrastructures and the need to maintain their integrity over their service life couldn’t have come at a better time as the Nigerian Government intensifies its commitments to expanding public Infrastructures and utilities for improved economic and social development.”
According to him, “This conference will produce workable and implementable outcomes to address the challenges of corrosion in the development of public infrastructures and utilities in all sectors for the Nation’s benefit.”
On his part, the President Nigerian Corrosion Association, Mr Ese Ochoga said the conference aimed to educate and enlighten the society on the best practices in physical assets protection management in improving the GDP, as well as public and environmental safety.
“The theme of our conference this year is an inclusive one, as it hones on the impact of corrosion on the public infrastructure and utilities, which is common to us all,” he said.
Ochoga noted that the conference would also help present the unique perspective of the materials and corrosion specialist insights and recommendations in managing and maintaining public infrastructures.
He said: “We are here today at the Annual Conference of the Nigerian Corrosion Association, importantly, the corrosion is addressing the issue of building sustainable infrastructure by ensuring that there is corrosion resistant or resilient to corrosion. Corrosion comes from environmental sources and as the environment varies, the corrosion impact also varies some lower and some higher, the corrosion professional is always monitoring this to ensure that infrastructure or structures are viewed to be able to withstand the peculiar environment that is bound to a counter because of his service, that’s why we’re here and the conference is going to address this issue.”
The Nigerian Corrosion Association established in 1988 by industry practitioners and academicians, provides opportunities for excelling in the fields of corrosion science and engineering practices.
It also assess and proffer solutions to the interwoven adverse effects of the environment and corrosion on modern civilization.
”Corrosion Control of Public Infrastructures and Utilities,” was the theme of the 2023 Annual National Conference. It was organised by the Nigerian Corrosion Association (NICA) and hosted by Federal Ministry of Environmennt.
FG Decries Massive Effect of Corrosion on Nation’s Economy
News
Yobe: Buni urges journalists to uphold professionalism
Yobe: Buni urges journalists to uphold professionalism
By: Yahaya Wakili
Governor Mai Mala Buni of Yobe State has appealed to media practitioners in the state to continue to uphold professionalism while discharging their responsibilities.
He urges the journalists to abide by the ethics of the profession, remain united, and promote peace and harmony among themselves.
The governor made the appeal today while receiving the newly elected leadership of the Nigeria Union of Journalists (NUJ) Correspondents Chapel, led by its elected chairman, Mr. Nabilu Balarabe of the News Agency of Nigeria (NAN), at the Government House, Damaturu.
Ably represented by his deputy, Hon. Idi Barde Gubana (Wazirin Fune), he commends journalists in the state for their synergy and collaboration with the state government in projecting a positive image of the state.
Governor Buni commended the journalists for their professionalism and constructive engagement, acknowledging the critical role the media plays in democratic governance and national development.
He pledged the state government’s continued support and collaboration with the correspondents’ chapel to ensure the success of the present administration, particularly in promoting government policies, programs, and achievements.
Earlier, the newly elected chairman, Mr. Nabilu Balarabe, said the visit was to pay homage and formally present the new leadership of the chapel to the governor.
He said recently the chapel conducted an election of the leadership of the chapel, in which Nabilu Balarabe of the News Agency of Nigeria (NAN) emerged as chairman and Mr. Musa Buba Mingi of Channels Television as vice chairman.
Others include Malam Habibu Idris Gimba of Daily Trust, Secretary; Mr. Michael Oshoma of TVC, Treasurer; Sa’adatu Maina of Neptune Prime, Assistant Secretary; and Muhammed Mai Tela of People’s Daily, Auditor.
Yobe: Buni urges journalists to uphold professionalism
News
NGX woos NPF to list viable businesses
NGX woos NPF to list viable businesses
The Group Chairman Nigerian Exchange Group, Dr. Umaru Kwairanga has urged the Nigerian Police Force to consider listing other viable business entities of its organisation on the Exchange as it has done with its Microfinance Bank.
Kwairanga made the call on Wednesday in Lagos at the closing gong ceremony in honour of the Inspector General of Police, Kayode Egbetokun, who was at the trading floor of the Nigerian Exchange.
Kwairanga gave the NGX’s assurance that such companies if listed would be given free publicity, easy access to greater ponds of capital, and greater transparency and efficiency in their operations.
He said that the Exchange, its operators and quoted companies would continue to provide environment conducive for NPF businesses, in view of the critical role that the police play in ensuring a stable environment for businesses to thrive.
“Our quoted companies have been key to the success of the Police Trust Fund and stand ready to cooperate with the Nigerian Police in other ways that you require logistical and other support to ensure that we have a secure nation and capital market.
“Apart from its core duties of ensuring Nigeria’s internal security, the Nigerian Police Force has over the years established and grown various thriving businesses for the welfare of its personnel.
“One of them, the Nigerian Police Microfinance Bank is in fact quoted on the main board of the Exchange and doing very well in terms of capital appreciation, dividends and corporate governance,” he said.
The NGX boss advised that the Pension Fund should consider increasing its allocations to eligible equity quoted on the Nigerian Exchange.
While commending Egbetokun for visiting the Exchange, Kwairanga pledged to strengthen the mutually beneficial relationship going forward.
Our Correspondent reports that the visit underscores the continued collaboration between key national institutions in promoting market confidence, investor trust and a transparent, well-functioning capital market.
NGX woos NPF to list viable businesses
News
Turkish–Nigerian Poets Unite in Abuja to Promote Peace Through Art
Turkish–Nigerian Poets Unite in Abuja to Promote Peace Through Art
By: Michael Mike
Nigeria and Turkey have reinforced their cultural partnership through a poetry exchange in Abuja designed to foster peace, dialogue, and mutual understanding between the two nations.
The literary gathering, hosted by the Yunus Emre Enstitüsü, brought together poets, cultural practitioners, diplomats, and arts administrators from both countries to explore shared human values through poetry and performance.

Speaking at the event, Director-General of the Kaduna International Film Festival, Israel Kashim Audu, described poetry as a powerful medium for cultural diplomacy and peacebuilding. He noted that although Turkish poetry is deeply influenced by Anatolian mysticism, Nigerian poetry often reflects post-colonial experiences, identity, and nationhood.
“Despite their different historical contexts, both poetic traditions meet in their pursuit of justice, harmony, and human dignity,” Audu said.
The Abuja Coordinator of Yunus Emre Enstitüsü, Fatih Erkin Mahdum, said the institute has remained committed to promoting Turkish language, arts, and culture in Nigeria since its establishment in 2021. He added that collaborations with Nigerian artists are central to strengthening cultural ties and encouraging creative exchange.
Diplomatic presence at the event underscored its international significance. Mrs Florence Nzako, Counsellor at the Embassy of the Democratic Republic of Congo, alongside Solveig Andresen of the Norwegian Embassy, welcomed participants and commended the initiative for using art to advance peace and intercultural understanding.
Poets at the gathering presented works exploring themes of peace, love, displacement, and resilience, drawing poetic connections between the Bosphorus and the Niger River as symbols of unity and shared humanity.
Also speaking, Director-General and Artistic Director of the National Troupe of Nigeria, Kattumu Bulama Gana, said artistic collaborations provide unique opportunities to understand common histories and aspirations. He described the poetry exchange as a valuable contribution to cultural diplomacy between Nigeria and Turkey.
Turkish–Nigerian Poets Unite in Abuja to Promote Peace Through Art
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