mmanuel Addeh in Abuja

Despite its net-zero carbon emissions pledge by 2060, the federal government has signalled the return of coal mining in the country, with the putting up for sale of five coal blocks in Enugu.

In an invitation for expressions of interest for the public bidding of five coal blocks, the Bureau of Public Enterprises (BPE) stated that the coal fields were currently being held by the Nigerian Coal Corporation (NCC) on behalf of the federal government.

The BPE therefore called for a public bid of the five blocks by prospective investors, listing them as the Amasiodo coal block, Onyeama Coal Block, Okpara Coal Biock, Inyi Coal Block and the AgwasiAzagba Coal Block.

Almost defunct before now, the NCC was established in 1950 and it is 100 per cent owned by the federal government. The headquarters is located in Enugu.

But the new development appears to contradict Nigeria’s pledge for cleaner sources of fuel. In November 2021, at the COP26 Leaders’ Summit, President Muhammadu Buhari in Glasgow, Scotland, pledged that Nigeria would cut its emissions to net zero by 2060.

He argued that greater effort should be channelled towards assisting developing nations to meet their Nationally Determined Contributions (NDCs) commitments through the pledges made by the developed countries to provide at least $100 billion yearly.

‘‘I do not think anyone in Nigeria needs persuading of the need for urgent action on the environment. Desertification in the North, floods in the centre, pollution and erosion on the coast are enough evidence.

‘‘For Nigeria, climate change is not about the perils of tomorrow but what is happening today. Nigeria is committed to net zero by 2060,’’ the president said, although Nigeria still remains a severely energy-poor nation.

But the BPE in the document advertising the fields for sale, recalled that the federal government had the exclusive rights to mine coal in Nigeria until 1999, when it established a policy and legislation that deregulated mineral exploration and exploitation.

This, it said, opened the sector to private industry participation and resulted in entering into joint ventures on an equity participation basis. It added that the federal government is currently divesting from all of its operating interests in the sector.

https://www.thisdaylive.com/index.php/2023/04/11/nigeria-returns-to-coal-exploration-despite-2060-carbon-emissions-pledge/

Eastern Nigeria economy is being revitalised.

The eastern government should intensified effort in these areas...gas, oil and coal.

The region should be a beehive of economic rejuvenation to make people return to the region.

Also the HQ of these companies should be in the region.

The government should as a matter if urgency provide road and other infrastructure that will attract FDI,

cc Anambrafirstson.

Already private individuals have done a lot in housing development to rent.

More need to be done in providing office spaces to accommodate investors.

Not much has been done in these regards.

State government really need to step up on providing de-risk gaps to attract investors.

Excellent road networks, wide roads, ring roads which are properly maintained should be done by the state governments first, in addition to other needful basic amenities. People go to where there are opportunities.

Which kind of inaccurate headline is this. Nigeria never left coal and coal export is fetching a lot of money for the nation if the deporter has taken time to download our GDP report by NBS.

If they are attempting to revive the coal mining in Enugu so let that be the headline.
Most of the mining companies in coal mining are Chinese-operated and they have never left the business.

Nigeria is still and has always been in the business of coal exploration, mining and exportation.

NIGERIA SHOULD LEAVE MY STATE ALONE, LET THE NEWEST EXPLORATION START FROM ZAMFARA GOLD, STOP THE DEVILISH CHEATING.

They should use the best technology to avert any environmental problems in the Coal City State... It should be used to power the region.

Imagine coal and gas from the same region, no wonder they keep leeching on this God's own region.


I hope the derivation revenue for Enugu State is close to 20%?

FreeStuffsNG:
Which kind of inaccurate headline is this. Nigeria never left coal and coal export is fetching a lot of money for the nation if the deporter has taken time to download our GDP report by NBS.

If they are attempting to revive the coal mining in Enugu so let that be the headline.
Most of the mining companies in coal mining are Chinese-operated and they have never left the business.

Nigeria is still and has always been in the business of coal exploration, mining and exportation.

Very good, China and other imperialist can continue exploiting you all. If they are not assigning Enugu coal to us, let them forget it. Seplat is holding it down for Imo gas, while ibeto and Orient secures Anambra oil and gas

christejames:
They should use the best technology to avert any environmental problems in the Coal City State... It should be used to power the region.

Imagine coal and gas from the same region, no wonder they keep leeching on this God's own region.


I hope the derivation revenue for Enugu State is close to 20%?

There is iron ore too, plus limestone at the neighboring Ebonyi state.