• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

NNPC, JV Partners spend $360 million on Ogoni clean up 

Chidinma Nwagbara by Chidinma Nwagbara
February 18, 2020
in Business News, Company News
NNPC, JV Partners spend $360 million on Ogoni clean up 

LEFT: Samson Makoji, Group General Manager, Group Public Affairs Division, NNPC

Share on FacebookShare on TwitterShare on Linkedin

The Nigerian National Petroleum Corporation (NNPC) has disclosed that $360 million has been spent on the cleanup of the Ogoni land situated in the Niger Delta region of the country.

The disclosure came in a statement released by NNPC’s General Manager, Group Public Affairs Division, Samson Makoji.

NNPC, JV Partners spend $360 million on Ogoni clean up 

RelatedStories

Oando Energy secures operatorship of Block KON 13 in Angola, targets increased productivity 

Oando Energy secures operatorship of Block KON 13 in Angola, targets increased productivity 

January 23, 2025
Oando Plc,

Oando sees light in the tunnel despite sabotage and theft 

December 20, 2024

NNPC said it had disbursed funds for the cleanup in the last two years alongside its joint venture partners. They are Shell Petroleum Development Company (SPDC), Total Exploration and Production of Nigeria (TEPNG) and Nigerian Agip Oil Company (NAOC)

According to the Chief Operating Officer for Upstream at NNPC, Roland Ewubare, who represented the Group Managing Director, Mallam Mele Kyari, the $360 million spent was part of the $900 million recommended by the United Nations Environment Programme (UNEP) for the exercise. He made known that NNPC and its partners were ever ready to fund the project as prescribed by the UNEP report.

“Ogoni clean-up is a massive issue and NNPC and its JV partners are ready to fund the project as prescribed by the UNEP Report. We have so far disbursed $360million out of the $900million recommended.

“The disbursement was based on the standards set, which required that we release funds based on the implementation parameters of the clean-up exercise.”

[READ MORE: Why $60 billion claim against IOCs is hard to sell- NNPC)

Meanwhile, Reuters reports that a number of people living in the Ogoni community have questioned the impact of the said cleanup operation. According to Christian Kpandei, a fish farmer, whose land was polluted, what they are touting as cleanup is a substandard one. Another local, Morris Alagoa said that he had not really seen work being done in the land.

“I can’t say those handling the cleanup have actually started real work,” he said.


Follow us for Breaking News and Market Intelligence.
Tags: Mallam Mele KyariMr. Samson MakojiNigerian Agip Oil CompanyNigerian National Petroleum CorporationOgoni LandOn the MoneyRoland EwubareShell Petroleum Development CompanyTotal Exploration and Production of Nigeria
Chidinma Nwagbara

Chidinma Nwagbara

Chidinma holds a degree in Mass communication from Caleb University Lagos and a Masters in view in Public Relations. She strongly believes in self development which has made her volunteer with an NGO on girl child development. She loves writing, reading and travelling. You may contact her via - chidinma.nwagbara@nairametrics.ng

Related Posts

Oando Energy secures operatorship of Block KON 13 in Angola, targets increased productivity 
Equities

Oando Energy secures operatorship of Block KON 13 in Angola, targets increased productivity 

January 23, 2025
Oando Plc,
Energy

Oando sees light in the tunnel despite sabotage and theft 

December 20, 2024
SHELL
Energy

FG  approves sale of Shell’s $2.4 billion onshore asset to Renaissance 

December 18, 2024
Delving deep into Africa Energy Week’s ‘Deal of the Year’ – A game-changer for Africa’s indigenous companies 
Companies

Delving deep into Africa Energy Week’s ‘Deal of the Year’ – A game-changer for Africa’s indigenous companies 

November 28, 2024
NNPC no longer owns 20% of Dangote Refinery, says Aliko Dangote
Energy

NNPC failing to deliver agreed crude oil under crude-for-naira deal — Dangote refinery 

November 22, 2024
NNPC no longer owns 20% of Dangote Refinery, says Aliko Dangote
Energy

Dangote labels lawsuit against NNPCL, Others as “Old Issue”, Plans to withdraw case 

October 21, 2024
Next Post
MTN, Glo gain as 2,790 subscribers ported in October 2022

Data War: MTN gains 8.18 million subscribers, as Airtel edges Glo, 9mobile in 2019

Leave a Reply Cancel reply

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

nlng
Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • Alleged N5.7 billion fraud: EFCC witness reveals how ex-Bank employee accessed customers’ accounts 
  • FAAC shares N1.681 trillion April 2025 revenue to FG, States, LGs 
  • EFCC arrests ex-Kaduna government contractor for alleged fraudulent deals worth N30 billion

Follow us on social media:

Recent News

EFCC, NOUN, Sunflower Hotel

Alleged N5.7 billion fraud: EFCC witness reveals how ex-Bank employee accessed customers’ accounts 

May 16, 2025
FG, States and LGAs share N1.35 trillion as FAAC allocation in June

FAAC shares N1.681 trillion April 2025 revenue to FG, States, LGs 

May 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics