BudgIT laments FG’s lack of will to end gas flaring

BudgIT has advised the Nigerian government against the effects of gas flaring, which continues to contribute to irreversible environmental degradation, posing hazards to human health and loss of revenue in the country.

BudgIT said that research revealed that Nigeria has a potential for the consumption of un-flared gas and urged all stakeholders to be committed towards putting in place the supply-framework, infrastructure and market systems necessary for un-flared gas to reach its end users needs.

BudgIT further urged the government to explore existing technologies and strategies to reduce the amount of gas flared into the atmosphere as some irresponsible oil companies are unwilling to make the investment necessary to deploy the right technologies and infrastructure in Nigeria.

Also, the guiding legal framework for deterring gas flaring must be reviewed to prevent companies from taking advantage of inherent loopholes.

According to Oluseun Onigbinde, BudgIT’s Lead Partner, “BudgIT is calling on the Federal Government to muster the political will necessary to execute Nigeria’s gas master plan and to enforce regulations aimed at tangibly achieving Zero Routine Gas Flaring.”