Chinese investment in Nigeria's oil and gas industry has reached $16 billion, according to Nigeria's state-run oil company. While Nigeria's oil industry welcomes China's interest, analysts worry about a lack of transparency in the sector and slow development of the country's renewable energy market.
When a top official with China's third-largest national oil company paid a visit to Abuja, Nigeria this month, he was recommended by a top official of Nigeria's state-run oil company to increase investment in Nigeria's petroleum industry.
Mele Kyari, the managing director of the Nigerian National Petroleum Corporation, or NNPC, thanked the China National Offshore Oil Corp., or CNOOC, for its continued support of Nigeria's oil and gas sector. Chinese investments in the sector have reached $16 billion. Kyari added that Nigeria needs partners like China.
The two countries need each other to reach their oil production targets. Africa's largest oil producing nation pumps 2 million barrels a day and has a goal of producing 3 million barrels a day by 2023. China's domestic oil production has been on a steady decline because of natural depletion and other geological challenges. So experts predict that up to 80 percent of China's crude oil supply will be imported by 2030.
In comes Nigeria
CNOOC started doing business in Nigeria in 2005 and is the largest Chinese entity investor in Nigeria. With a focus on overseas investment, it's also China's largest offshore oil and natural gas developer.
The company's executive vice president, Lu Yan Ji, said during the meeting that Nigeria is one of the company's largest investment destinations. He also said that CNOOC is producing 800,000 barrels per day, but it wants to reach 1.2 million. Ji hopes Nigeria can help with that.
But there's skepticism
Nigeria has had a hard time reaching its production targets. There's sporadic militancy in the oil-producing region, as young people often take violent action to demand more access to the country's oil wealth. There's theft happening right at the pipelines. Fires often burn at rusted pipes, and oil operations in Nigeria are disrupted several times a year.
Also there's a serious lack of transparency. The NNPC has a long history of scandals, with ongoing accusations of corruption.
Crude oil is Nigeria's most lucrative export, and the NNPC has not been able to account for billions of dollars in revenue. President Muhammadu Buhari has not appointed anyone as the oil minister. He handles that highly sought after portfolio himself in his second term as president, just as he did in his first.
Corruption is also why some Nigerians aren't applauding China for pouring money into Nigeria's murky oil industry.
A host on Nigeria's popular Wazobia TV network, Uvbi Ehigiamusoe, put it this way.
She says the Chinese oil company will not monitor how Nigeria will use $16 billion in investments. And it is known how it goes in Nigeria, she says.
Some say it's high time Nigeria moves away from its dependence on oil. Revenue from the oil industry accounts for almost 75 percent of the federal budget, according to the Nigerian financial watchdog group BudgIT.
Dr. Nwoke Okala, an energy specialist at the Center for Research and Development at the University of Nigeria Nsukka, says Nigeria should follow the global trend of exploring renewable energy sources as oil becomes less attractive.
But for now, Nigeria will continue to set its ambitions on oil. Nigerian business mogul and the richest man in Africa, Aliko Dangote, is building what will be Africa's largest oil refinery in the Nigerian commercial city of Lagos.
With an expected annual refining capacity of 10.4 million tons of gasoline, the new refinery will double Nigeria's refining capacity and help in meeting the increasing domestic demand for fuel.
The $9 billion mega-complex is expected to be complete at the end of 2020 and could take Nigeria from a fuel importer to a fuel exporter.
By Chika Oduah
VOA
Thursday, August 29, 2019
Tuesday, August 27, 2019
Video - Nigeria locking up survivors of human trafficking
Despite attempts by the Nigerian government to combat human trafficking and provide support for those that survived being trafficked, care for victims is still severely lacking, a new report by Human Rights Watch (HRW) says.
According to the report, the Nigerian government is illegally detaining survivors of human trafficking, prohibiting the often traumatised women from recovering from the experiences they went through.
"The Nigerian authorities are actually detaining trafficking survivors in shelters, not allowing them to leave at will, in violation of Nigeria’s international legal obligations," the New York-based rights body said.
"The detentions overwhelmingly affect women and girls, and put their recovery and well-being at risk."
The report is based on interviews with 76 survivors, 20 of them girls between the ages 8 and 17, who either were trafficked out of Nigeria and later returned, or were trafficked into Nigeria.
They were often promised well-paying jobs as domestic workers, hairdressers, or hotel staff but were then tricked and trapped in exploitation and forced to pay back a huge "debt" for their travel.
Often, the people who trafficked them were people they knew personally.
"My aunt brought me here. She said she will help me. When I got here, she said I had to work before the apprenticeship," one of the survivors told HRW.
"She took me somewhere to work as a house girl…. I was mistreated. She did not give me food; I washed cars, cleaned the house and the compound," the 14-year-old, who is one of several victims quoted in the report, said.
"My aunt used to collect the money. Their kids were too hostile to me. I decided to leave."
'Closed shelters'
Over the last couple of years, the Nigerian government has introduced several anti-trafficking laws and started the the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), which runs shelters for trafficking survivors.
However, those shelters are severely lacking, HRW said.
"Some survivors in the NAPTIP shelters complained about not being able to receive visitors or contact their families, not having clear information about when they would reunite with their families, monotonous daily schedules, or boredom from doing nothing," the report states.
"Those referred by NAPTIP to private shelters were unhappy about poor conditions and services, including inadequate food, lack of soap or body lotion, lack of medical and psychosocial care, and lack of job training," it added.
The women often suffer from depression, anxiety, insomnia, flashbacks, aches and pains, and other physical ailments as a result of their ordeal.
Despite attempts by the Nigerian government to help them reintegrate, the so-called "closed shelters" do not provide enough support for the women to reintegrate into Nigerian society, HRW said.
"Women and girls trafficked in and outside Nigeria have suffered unspeakable abuses at the hands of traffickers, but have received inadequate medical, counseling, and financial support to reintegrate into society" senior women’s rights researcher at Human Rights Watch Agnes Odhiambo said.
"We were shocked to find traumatised survivors locked behind gates, unable to communicate with their families, for months on end, in government-run facilities."
HRW has called on Nigeria to better listen to the experiences of survivors and offer more room for community services, health workers and other organisations to play in a role in the recovery of the women.
"Nigerian authorities are struggling with a crisis of trafficking, and working under challenging circumstances, but they can do a better job by listening to what survivors have to say about their own needs," Odhiambo said.
"To end trafficking and break cycles of exploitation and suffering, survivors need the government to help them heal from the trauma of trafficking and earn a decent living in Nigeria."
Al Jazeera
Related stories: The illegal sex trafficking trail between Nigeria and Europe
Women from Nigeria forced to become sex workers during 2018 World Cup in Russia
Video - Nigerian women trafficked to Europe for prostitution at 'crisis level'
Monday, August 26, 2019
Video - Nigeria battles a growing kidnapping crisis
Nigeria is in the grip of a kidnapping crisis. Thousands of Nigerians have fallen victims to a rise in the crime and are having to pay millions of dollars in ransom.
Video - Nigeria close to attaining polio-free status
Nigeria is close to attaining a polio-free status after marking three years since its last reported case of wild polio virus. Health experts say it's a significant milestone that could lead to the entire continent been declared polio-free. Before now, Nigeria had held the unenviable record of being one of three countries in the world where the polio disease is still endemic.
Friday, August 23, 2019
Nigeria becomes first country to approve biotech cowpea
Nigeria has made history by becoming the first country in the world to approve biotech cowpea, thereby adding a new biotech crop to the global biotech basket.
This is according to the Global Status of Commercialised Biotech/GM ( Genetically Modified) Crops in 2018 (ISAAA Brief 54), and disclosed in a news release by the International Service for the Acquisition of Agri-biotech Applications, ISAAA on Thursday.
The release was issued at the Nigeria Science Cafe and launch of Brief 54, a report on Global Status of Commercialised Biotech/GM Crops event in Abuja. The release, signed by Dr Margaret Karembu, Director, ISAAA AfriCentre in Kenya showed that Africa continued to make steady progress in the adoption of biotech crops.
The ISAAA AfriCentre Director praised Nigeria’s progress in biotech crop development and adoption, noting that the country was leading in agricultural technology approvals enabled by an efficient bio safety system.
“The world is in a technological advancement trajectory, the green revolution that had taken the world by storm in the second half of the 20th century is quickly transitioning into gene revolution. “We are now progressing into genome editing, a more precise and accurate technology to effectively develop more productive, highly nutritious and climate resilient crops for our rapidly increasing population,’’ she said.
In the ISAAA Brief 54 report, a total of 70 countries adopted biotech crops through cultivation and importation in 2018, the 23rd year of continuous biotech crop adoption. Also a total of 26 countries with 21 developing and five industrialised countries planted 191.7 million hectares of biotech crops, adding 1.9 million hectares to the record of plantings in 2017.
The Kingdom of Eswanti, former Swaziland, joined South Africa and Sudan in planting biotech crops in Africa, with commercial planting of insect resistant (IR) Bt cotton on an initial launch of 250 hectares. This brought the number of African countries currently growing biotech crops to three. Nigeria, Ethiopia, Kenya and Malawi granted approvals for planting biotech cotton as the proof that Africa is ready for biotech crop adoption. The report further indicated that South Africa alone planted 2.73 million hectares of biotech crops in 2018, sustaining its ranking among the top 19 biotech crop countries in the last two decades.
Most farmers in the country have adopted plant biotechnology with 87 per cent of adoption of biotech maize, 95 per cent biotech soybean and 100 per cent of biotech cotton.
The report further stated that Sudan planted 243,000 hectares of BT cotton, and a total of 3.14 million hectares of biotech crops in Africa. The report highlighted among others, that the top five countries with the largest area of biotech crops planted by U.S., Brazil, Argentina, Canada and India collectively occupied 91 per cent of global biotech crop area.
It showed that biotech soybean reached the highest adoption worldwide, covering 50 per cent of the global biotech crop area. The report indicated that farmers in 10 Latin American countries planted 79.4 million hectares of biotech crops among others. It said that with the continuously increasing adoption of biotech crops worldwide, farmers were at the forefront of reaping numerous benefits.
Vanguard
This is according to the Global Status of Commercialised Biotech/GM ( Genetically Modified) Crops in 2018 (ISAAA Brief 54), and disclosed in a news release by the International Service for the Acquisition of Agri-biotech Applications, ISAAA on Thursday.
The release was issued at the Nigeria Science Cafe and launch of Brief 54, a report on Global Status of Commercialised Biotech/GM Crops event in Abuja. The release, signed by Dr Margaret Karembu, Director, ISAAA AfriCentre in Kenya showed that Africa continued to make steady progress in the adoption of biotech crops.
The ISAAA AfriCentre Director praised Nigeria’s progress in biotech crop development and adoption, noting that the country was leading in agricultural technology approvals enabled by an efficient bio safety system.
“The world is in a technological advancement trajectory, the green revolution that had taken the world by storm in the second half of the 20th century is quickly transitioning into gene revolution. “We are now progressing into genome editing, a more precise and accurate technology to effectively develop more productive, highly nutritious and climate resilient crops for our rapidly increasing population,’’ she said.
In the ISAAA Brief 54 report, a total of 70 countries adopted biotech crops through cultivation and importation in 2018, the 23rd year of continuous biotech crop adoption. Also a total of 26 countries with 21 developing and five industrialised countries planted 191.7 million hectares of biotech crops, adding 1.9 million hectares to the record of plantings in 2017.
The Kingdom of Eswanti, former Swaziland, joined South Africa and Sudan in planting biotech crops in Africa, with commercial planting of insect resistant (IR) Bt cotton on an initial launch of 250 hectares. This brought the number of African countries currently growing biotech crops to three. Nigeria, Ethiopia, Kenya and Malawi granted approvals for planting biotech cotton as the proof that Africa is ready for biotech crop adoption. The report further indicated that South Africa alone planted 2.73 million hectares of biotech crops in 2018, sustaining its ranking among the top 19 biotech crop countries in the last two decades.
Most farmers in the country have adopted plant biotechnology with 87 per cent of adoption of biotech maize, 95 per cent biotech soybean and 100 per cent of biotech cotton.
The report further stated that Sudan planted 243,000 hectares of BT cotton, and a total of 3.14 million hectares of biotech crops in Africa. The report highlighted among others, that the top five countries with the largest area of biotech crops planted by U.S., Brazil, Argentina, Canada and India collectively occupied 91 per cent of global biotech crop area.
It showed that biotech soybean reached the highest adoption worldwide, covering 50 per cent of the global biotech crop area. The report indicated that farmers in 10 Latin American countries planted 79.4 million hectares of biotech crops among others. It said that with the continuously increasing adoption of biotech crops worldwide, farmers were at the forefront of reaping numerous benefits.
Vanguard
Subscribe to:
Posts (Atom)