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Home Business & Finance

NNPC’s Methane Mission: Climate Saviour or Empty Promise?

Eriki Joan UgunushebyEriki Joan Ugunushe
December 6, 2024
in Business & Finance
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NNPC’s Methane Mission: Climate Saviour or Empty Promise?
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The Nigerian National Petroleum Company Limited (NNPC) has boldly announced its intention to slash methane emissions in the oil and gas sector by 60% by 2031 and reach net-zero emissions by 2060. On paper, it’s an ambitious step towards combating climate change. But in a country notorious for environmental mismanagement, this grand declaration is very funny.

NNPC took to its X platform to trumpet this move, calling it a testament to Nigeria’s leadership in Africa under the Global Methane Pledge initiative. Group Chief Executive Officer Mele Kyari, speaking at the NNPC Towers in Abuja, waxed lyrical about the company’s supposed commitment to sustainability during a meeting with the U.S. State Department’s Global Methane Program Manager, Robert Leahman, and representatives from Deloitte.

“Reducing methane emissions is not just an environmental necessity but also a strategic imperative for Nigeria’s energy transition. We are leveraging partnerships to adopt global best practices and innovative solutions,” Kyari said. Stirring words, but they ring a little hollow against the backdrop of gas flares lighting up the skies of the Niger Delta for decades.

At the heart of the meeting was a pilot project targeting methane abatement in the Niger Delta, a region where oil spills and environmental degradation have been as constant as the tides. The project, a collaboration between NNPC, Deloitte, and the U.S. Bureau of Energy Resources, aims to set emissions baselines, tackle methane leaks, and introduce sustainable practices in energy operations.

Robert Leahman, ever the diplomat, lauded Nigeria’s efforts. “Nigeria’s leadership under the Global Methane Pledge sets a standard for the continent. These initiatives will not only help reduce emissions but also drive sustainable development in the energy sector,” he remarked.

Kyari, ever the optimist, called the collaboration a “game-changer,” adding, “By addressing methane leaks, we’re reducing waste, saving costs, and protecting the environment. It’s a win-win for our economy and the planet.” If only it were that simple. For decades, oil companies have promised the same “win-win” scenarios while communities in the Niger Delta remain trapped in a lose-lose reality of polluted water, destroyed farmlands, and health crises.

The project’s data-driven methodologies, designed to identify methane hotspots, may sound revolutionary, let’s talk about : enforcement. Without stringent regulatory frameworks and accountability, even the most well-meaning projects are doomed to fail. Nigeria’s track record in enforcing environmental policies isn’t exactly stellar, making this pledge feel more like a PR stunt than a genuine commitment. I won’t lie though, it’s refreshing to see the NNPC speak the language of sustainability.

Tags: climatefederal characterMethaneNewsnnpcNNPC’s Methane Mission: Climate Saviour or Empty Promise?
Eriki Joan Ugunushe

Eriki Joan Ugunushe

Eriki Joan Ugunushe is a dedicated news writer and an aspiring entertainment and media lawyer. Graduated from the University of Ibadan, she combines her legal acumen with a passion for writing to craft compelling news stories.Eriki's commitment to effective communication shines through her participation in the Jobberman soft skills training, where she honed her abilities to overcome communication barriers, embrace the email culture, and provide and receive constructive feedback. She has also nurtured her creativity skills, understanding how creativity fosters critical thinking—a valuable asset in both writing and law.

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