A new report shows that Nigeria loses about $600 million annually as cost for under reporting of gas flaring.
At an Accountability for Gas Flare and Clean Energy Advocacy technical session in Lagos, South-West Nigeria, participants expressed worry that Nigeria’s green house gas emissions, amount to about 347 million tonnes. They therefore call on the Federal Government to introduce a workable mechanism for effective monitoring of gas flaring and reporting the discrepancies.
This is coming after a gas tracker reported that higher gas is being flared in the country compared to lower volume of gas flaring reported by government.
This discrepancy is collaborated by the National Oil Spill Detection and Response Agency, NOSDRA, with the help of satellite data which has proven that oil companies are reporting lower figure than what is being captured by the satellite.
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Participants at the Lagos forum are therefore calling for policies that would transform the high volume of gas flared into renewable energy as this will also halt the rise in frequency of high temperatures and unprecedented heat experienced by people, crops, and animals in flare vicinity.
Those who attended the Lagos forum include the Accountability for Gas Flared and Clean Energy Advocacy; United States Agency for International Development, USAID; Initiative for Community Development, ICD; and Friends of the Earth Nigeria among other development partners
(Editor: Terverr Tyav)
