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

Troops rescue three abducted victims, recover ammunition in Borno

Published

on

Troops rescue three abducted victims, recover ammunition in Borno

By: Zagazola Makama

Troops of Operation Hadin Kai have rescued three abducted civilians and recovered ammunition during an operation in Bama Local Government Area of Borno State.

Security sources said the operation was carried out at about 10:00 a.m. on March 30 by troops of 202 Battalion in collaboration with volunteer forces at BOCOBS.

According to the sources, the troops responded to credible intelligence indicating that suspected members of the Islamic State West Africa Province and Boko Haram had abducted three locals in the area.

The sources said the troops made contact with the insurgents and successfully rescued all three victims during the operation.

Items recovered from the scene include one AK-47 rifle magazine loaded with 30 rounds of 7.62mm special ammunition.

The sources added that the rescued victims are safe, while troops have continued to dominate the general area to prevent further incidents.

They said the operation is part of sustained efforts to protect civilians and dismantle terrorist activities across the North-East theatre.

Troops rescue three abducted victims, recover ammunition in Borno

Continue Reading

News

Troops repel terrorist attack in Yobe

Published

on

Troops repel terrorist attack in Yobe

By: Zagazola Makama

Troops of Operation Hadin Kai have repelled an attack by suspected members of the Islamic State West Africa Province and Boko Haram on a Forward Operating Base in Yunusari Local Government Area of Yobe State.

Security sources said the incident occurred at about 10:05 p.m. on March 30 at Forward Operating Base Bukarti.

According to the sources, the terrorists launched an attack on the troops’ position, prompting a fierce engagement during which the troops successfully repelled the assailants.

During the encounter, one soldier sustained injuries and has since been stabilised and is responding to treatment.

The sources added that the attackers carted away a gun truck mounted with a QJC gun, a Civilian Joint Task Force vehicle, two motorcycles, a PKT machine gun and a Baofeng radio.

They said troops have continued to maintain operational presence in the area, while efforts are ongoing to recover the stolen equipment and further degrade the capabilities of the insurgents.

Troops repel terrorist attack in Yobe

Continue Reading

News

CJTF member accidentally shot by colleague in Borno

Published

on

CJTF member accidentally shot by colleague in Borno

By: Zagazola Makama

A member of the Civilian Joint Task Force (CJTF) has been injured in an accidental shooting incident in Biu Local Government Area of Borno State.

Security sources said the incident occurred at about 3:50 a.m. on March 31 at the location of 162 Amphibious Battalion in Mandara-Girau.

According to the sources, the CJTF member was on duty when he was mistakenly shot in the left leg by a colleague.

The victim was immediately evacuated to the battalion’s medical facility, where he is currently receiving treatment.

Sources said the injured personnel are responding to treatment, while further details surrounding the incident are being awaited.

CJTF member accidentally shot by colleague in Borno

Continue Reading

Trending

Verified by MonsterInsights