Connect with us

News

FG Decries Massive Effect of Corrosion on Nation’s Economy

Published

on

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

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.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

News

Zulum Pays Sympathy Visit to Victims of Ngoshe Attack, Assures Rescue of Abducted Residents

Published

on

Zulum Pays Sympathy Visit to Victims of Ngoshe Attack, Assures Rescue of Abducted Residents

By: Our Reporter

Borno State Governor, Professor Babagana Umara Zulum, has commiserated with the people of Ngoshe affected by the recent Boko Haram attack, describing the incident as tragic.

Ngoshe, a community in Gwoza local government, was attacked on Tuesday evening, scores were killed, while others were abducted.

Addressing members of the community on Friday in Pulka, Governor Zulum said he personally came to sympathize with the affected people and families of those that lost their loved ones.

He assured that efforts are underway to rescue all those abducted, restore security, and provide humanitarian support to victims.

“We are here today to commiserate with the people of Ngoshe that have lost their loved ones following the unfortunate incident that occurred on Tuesday. The situation is very sad and our hearts go out to all those affected by this tragedy,” Zulum said.

“I want to assure you that we will do everything possible to address the unfortunate situation that has befallen this community, and for those who have been abducted, the Nigerian military will do everything within its capacity to rescue them,” Zulum assured.

Governor Zulum explained that military operations are currently ongoing in Ngoshe and the Sambisa Forest to rid the area of criminal elements.

“There are ongoing military operations within the Sambisa Game Reserve. What we witnessed yesterday was largely a result of insurgents being pushed out from their strongholds, which led them to launch coordinated attacks on nearby communities,” he explained.

He called on the Nigerian Army to intensify operations to clear insurgents from the Mandara Hills which he described as a major security threat.

“The Mandara Hills remain a major security concern. The insurgents descended from the hills to attack this town. Therefore, I call on the Nigerian Army and the Federal Government to intensify efforts to clear Mandara Hills of insurgents,” Zulum said.

The governor noted that the exact number of casualties is yet to be confirmed as assessments are still ongoing, but acknowledged that several lives were lost while others were abducted.

As part of immediate humanitarian intervention, the governor said the state government had begun distributing relief materials and establishing cooking points to provide food for displaced residents.

“For now, we will distribute food items to those affected and I have directed that cooking points be established so that everyone in this community can receive meals from a central kitchen,” he said.

The governor appealed to residents to remain calm and law-abiding, noting that Borno State government will double its efforts to end this madness. “We shall not relent in our commitment to restoring lasting peace and stability in the state,” he said.

“I strongly believe that with sustained military operations and cooperation between all levels of government, we will overcome this challenge. Insha Allah, peace will return fully to our land,” the governor added.

Similarly, Governor Babagana Zulum inspected houses burned during an attack by Boko Haram insurgents on Thursday in Konduga town.

Zulum Pays Sympathy Visit to Victims of Ngoshe Attack, Assures Rescue of Abducted Residents

Continue Reading

News

IWD 2026: UN Women Warns Nigeria’s Democracy at Risk as Women Hold Just 3.9% of Parliamentary Seats

Published

on

IWD 2026: UN Women Warns Nigeria’s Democracy at Risk as Women¹ Hold Just 3.9% of Parliamentary Seats

By: Michael Michael

The Country Representative of UN Women to Nigeria and the Economic Community of West African States (ECOWAS), Beatrice Eyong, has warned that Nigeria’s democratic progress and development could remain stunted unless urgent action is taken to close the country’s widening gender inequality gap.

Speaking in Abuja during a media parley ahead of the 2026 commemoration of International Women’s Day, Eyong said Nigeria continues to face troubling disparities in women’s representation, safety and access to justice despite years of advocacy and policy commitments.

The global observance this year is themed “Rights. Justice. Action.”

Eyong said the theme reflects a growing international concern that although women’s rights are widely recognised in law and policy, millions of women still struggle to experience those rights in their daily lives.

She particularly raised alarm over Nigeria’s extremely low level of female political representation, revealing that women currently occupy just 3.9 per cent of parliamentary seats, one of the lowest rates anywhere in the world.

According to her, the imbalance not only undermines democratic inclusion but also weakens the country’s ability to make policies that reflect the needs of half of its population.

“Gender equality is fundamentally a question of power, and the power gap in Nigeria remains stark,” Eyong said.

“When women are missing from decision-making tables, the consequences are visible in the policies we adopt, the priorities we fund, and the voices that remain unheard.”

Beyond politics, she said Nigeria continues to grapple with persistently high levels of gender-based violence, noting that many survivors still face enormous barriers in seeking justice.

She warned that violence against women is increasingly spreading into digital spaces, where technology-facilitated abuse has become a growing threat.

“Rights mean little without justice,” she said. “Justice must be experienced in women’s safety, in their freedom from fear, and in their ability to seek protection and accountability wherever abuse occurs.”

To confront these challenges, Eyong said UN Women is intensifying advocacy for the Special Seats for Women Bill, a constitutional reform proposal aimed at guaranteeing women stronger representation in Nigeria’s legislative institutions.

She explained that the organisation is also working with the Federal Ministry of Women Affairs to strengthen the National Sexual Offender Database, a critical accountability tool designed to prevent convicted offenders from evading detection by moving between states.

In addition, she said UN Women has expanded its engagement with traditional and religious leaders across Nigeria to challenge cultural norms and social practices that perpetuate discrimination and violence against women.

The agency is also supporting efforts to institutionalise Gender-Responsive Budgeting at federal and state levels to ensure government spending prioritises issues affecting women and girls, including maternal health, girl-child education, economic empowerment and community safety.

Eyong noted that beyond policy reforms, UN Women is building partnerships with financial institutions and the private sector to increase access to funding for women-led businesses and community initiatives.

She also highlighted ongoing efforts to strengthen women’s participation in peacebuilding and conflict prevention through Nigeria’s Third National Action Plan on Women, Peace and Security.

However, Eyong stressed that meaningful progress will require more than policy declarations.

According to her, Nigeria does not suffer from a shortage of gender policies but from weak implementation, insufficient financing and inconsistent enforcement.

“We must move from commitments to implementation and from plans to measurable impact,” she said.

She called on the media to intensify its role in exposing injustice, amplifying the voices of survivors of violence and promoting women’s leadership across sectors.

Eyong said journalists remain critical partners in shaping national conversations that can influence policy reforms and public attitudes toward gender equality.

“When we secure justice and rights for women, we secure Nigeria’s stability, prosperity and future,” she said.

She added that UN Women remains committed to working with government, civil society, development partners and communities to ensure that the ideals of Rights, Justice and Action translate into tangible change for women and girls across Nigeria.

IWD 2026: UN Women Warns Nigeria’s Democracy at Risk as Women Hold Just 3.9% of Parliamentary Seats

Continue Reading

News

Zulum Appoints Dr. Sa’id Alkali Kori, 3 others as Chairman, Board Members, Borno Investment Promotion Agency

Published

on

Zulum Appoints Dr. Sa’id Alkali Kori, 3 others as Chairman, Board Members, Borno Investment Promotion Agency

By: Our Reporter

The earlier statement inadvertently refers to Dr. Sa’id Alkali Kori as the Director General/Chief Executive Officer of the Borno State Investment Promotion Agency, rather than the Chairman/Chief Investment Adviser to the Borno State Governor.

Therefore, this statement supersedes the earlier one.

Borno State Governor, Professor Babagana Umara Zulum, has approved the appointment of Dr. Sa’id Alkali Kori as Chairman/Chief Investment Adviser to the Borno State Governor.

Dr. Kori is a consummate entrepreneur and investment and infrastructure finance expert, and holds a PhD in Humanities and Social Sciences with a focus on Intellectual Capital from the University of London, United Kingdom.

He serves as the Honorary Special Adviser on International Relations and Investment to the Governor of Yobe State and is the Technical Adviser to the Lake Chad Basin Governors’ Forum.

Dr. Kori is currently the Chairman and Group Chief Executive Officer of Thinklab Group Limited, a leading innovation and development finance firm. He also serves as the Chairman of the Board for the Nigeria Food Corporation.

He has structured financing in excess of $200 million for critical infrastructure in housing, healthcare, and road networks.

The appointment is for the initial term of four years.

Governor Babagana Umara Zulum has also approved the appointment of Laminu Lawan Awana, Abubakar Ahmed Askira, and Danladi Alfaki Isa as Governing Board members representing the three senatorial zones of the state.

This is in accordance with section 6(b) of the Borno State Investment Promotion Law 2026 (as amended).

The appointees are seasoned professionals in trade and investment, development financing, housing, and mortgage finance.

Other members of the Board include:

A representative from each of the following Ministries, Departments, and Agencies, not below the rank of a Director, as Ex-Officio Members:
· Ministry of Commerce, Trade and Industries
· Borno State Geographic Information Service (BOGIS)
· Ministry of Works
· Ministry of Housing and Energy
· Ministry of Justice
· Ministry of Agriculture and Natural Resources
· Ministry of Livestock
· Ministry of Planning
· Ministry of Finance
· Ministry of Local Government and Emirate Affairs

  1. Two (2) representatives from the Organized Private Sector in Borno State.
  2. The Director-General of the Borno State Investment Promotion Agency will serve as the Secretary.

All the appointments take immediate effect.

Governor Babagana Zulum expressed confidence that, with Dr. Kori’s vast experience and the collective expertise of the board members, the state will be positioned as a hub for domestic and foreign investment and will foster viable Public-Private Partnerships (PPPs) to accelerate the State’s economic revitalization and sustainable development.

Zulum Appoints Dr. Sa’id Alkali Kori, 3 others as Chairman, Board Members, Borno Investment Promotion Agency

Continue Reading

Trending

Verified by MonsterInsights