Pollution

Nigerian government seizes bank’s assets over Shell’s N183 billion debt

File Photo Nigerian government have moved to sequester the assets of the country’s premier lender First Bank of Nigeria Limited in an effort to recover the damages oil major Royal Dutch Shell owed the Ejama Ebubu community of Rivers State in a legal contest spanning many decades, Bloomberg reported Thursday. Police operatives and court officials arrived the bank’s main branch in Port Harcourt on Tuesday to execute an order to seize the lender’s asset, FirstBank said in a statement. The bank said the incident leading to the confiscation of its properties was “unjustified, illegal and a reckless misuse of the machinery of justice.” Lagos-headquartered FirstBank resolved to guarantee the damages awarded against Shell by a Rivers State high court judge a decade ago. According to the estimation...

Iran’s smog, blackouts made worse by power-sapping crypto mining

Outages have been compounded by cryptocurrency mining, which uses banks of high-powered computers. Cities across Iran have been cloaked in thick layers of toxic smog and darkened by blackouts, as the alleged use of low-quality fuel and power-sucking cryptocurrency mining deepen the country’s hardships. Tehran’s Hamshahri newspaper, the country’s most-read daily, ran the headline, “20 Days Living in Smoke,” on Wednesday over a photo of the capital covered in smog. Power plants have been forced to switch to burning low-grade fuel oils to generate electricity because high levels of domestic consumption have led to natural-gas shortages, the semi-official Iranian Students’ News Agency reported. Oil Minister Bijan Namdar Zanganeh denied earlier this week that any of Iran’s power stations are us...

Why coronavirus will not be last pandemic – UN report

United Nations The Coronavirus (COVID-19) pandemic, the latest crisis facing the world, will not be the last until humans release their grip on nature, says a new UN report published on Tuesday. According to the report titled “The Next Frontier: Human Development and the Anthropocene,” world leaders need to take bold steps to reduce the immense pressure that is being exerted on the environment and the natural world, or humanity’s progress will stall. “Humans wield more power over the planet than ever before. Redefining issues of our time “In the wake of COVID-19, record-breaking temperatures and spiraling inequality, it is time to use that power to redefine what we mean by progress, where our carbon and consumption footprints are no longer hidden,” said Achim Steiner, the Administrator of ...

Water Resources Bill: Minister decries misinformation of Nigerians

The Minister of Water Resources, Mr Suleiman Adamu, has said that Nigerians are being misinformed about the Water Resources Control Bill. The minister made the statement while interfacing with the House of Representatives Committee on Water Resources in Abuja, following the public outcry that trailed the passage of the bill. Newsmen recall that sequel to a motion of personal explanation by Rep. Benjamin Mzondu (PDP-Benue) the house withdrew the bill which had already been passed on the grounds that it was not gazetted. The minister recalled that the bill was presented in the 8th Assembly and there was a two-day public hearing with Rep. Aliyu Ahman-Pategi as chairman. According to him, there was no issue at all until some unpatriotic Nigerians gave bad and dangerous colouration, and tried t...

NIMASA dispatches team to investigate Ondo offshore fire

Nigerian Maritime Administration and Safety Agency (NIMASA) has sent an investigative team to unravel the circumstances surrounding a recent fire incident at a wellhead offshore in Ondo State. The NIMASA Director-General, Dr Bashir Jamoh, disclosed this in a statement signed by Mr Philip Kyanet, NIMASA Head of Corporate Communications on Thursday in Lagos. Jamoh pointed out that the incident involved a barge belonging to Michharry and Company Nigeria Limited, an offshore and onshore facilities provider for the oil and gas industry. He noted that the officers from the Maritime Safety and Seafarers Standard Department (MSSSD) and Marine Environment Management (MEM) Department of the Agency would conduct both on-the-spot assessment and detailed analysis of the incident. “As the national agenc...