• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, October 30, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NASS To Consider Climate Change Bill, Restrict Oil Companies

by Bukola Idowu
2 years ago
in Business
NASS
Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian National Assembly (NASS) is looking at coming up with a bill that will ensure international best practices are adhered to in the harvesting of natural resources in the country.

Advertisement

This was stated by the Senate Minority Whip, Senator Darlington Nwokocha, representing Abia Central Senatorial District.

He is also canvassing at the global stage the need for oil companies and multinational corporations to prioritise and adhere to best practices, especially in the context of mitigating the adverse impacts of climate change, including the aftermath of gas flaring in Nigeria.

Advertisement

Speaking at the end of the 2023 Global Parliamentarian Forum, holding as part of the Annual Meetings of the World Bank and International Monetary Fund (IMF)  in Marrakech, Morocco which kicked off yesterday, Nwokocha said, there is need to weigh options and do what is best for the country.

Noting that the effects of climate change have been devastating on the African continent, he said, when it comes to climate change as well as how it has ravaged Africa, there is no limitation to the effect.

Thus, he said, ensuring best practices is key, adding that “we are comparing notes and at the end of the day we are coming up with something (a bill) stronger that can lift us from where we are to greater heights.

RELATED NEWS

W/Bank Projects Commodity Prices To Hit 6-year Low As Oil Glut Expands

Tax Reforms Promise Inclusionary Growth, Enterprise Resilience For MSMEs

Shippers’ Council Decries Foreign Shipping Lines’ Peak Season Surcharges On Africa-bound Cargoes

Minister, Institute Partner To Cut 2.2m MT Nigeria Fish Deficit

On the effects of climate change in Africa, he said: “it is just like when you do directional drilling, you may be causing the problem here while the effect will go viral to other places that do not contribute much in contributing to the problem.

“So in a situation where, we have gas flaring in Nigeria and some other factors that are man made, what efforts are we making to eliminate all those factors, that are man made, which at the end of the day, they are hopeful that they want to come and compensate Africans instead of stopping the issues that led to such problems.

“I think we need to work hard, making sure that will forestall every action that will lead to devastation of our environment because we do not have any other place except our home. And we do not have the technical know-how to tap all the resources and all these advanced economies. What they do is they come around to tap these resources, throwing into the winds, the Best Global practices of harvesting those natural resources. And over time, after a little while, the devastation will come and when it comes they now think of how to compensate us.

“Is there any compensation that can equate whatever effect that any devastation could have caused. The answer is no.

So I think all we need to do as far as this kind of gathering is concerned from the parliament is to make sure that we Institute the proper legislative instrumentality, to forestall everything that has to do with devastation that is manmade and at the end of the day, mostly in Africa.”

Join Our WhatsApp Channel

Breaking News: Nigerians at home and abroad can now earn in USD by acquiring ultra-premium domains from $3,000 and profiting up to $36,000. Perfect for professionals. Click here.

SendShareTweetShare

OTHER NEWS UPDATES

Wanted: An African As World Bank Chief
Business

W/Bank Projects Commodity Prices To Hit 6-year Low As Oil Glut Expands

46 minutes ago
Analysts Seek Effective Implementation Of Fiscal, Tax Reforms
Business

Tax Reforms Promise Inclusionary Growth, Enterprise Resilience For MSMEs

2 hours ago
Shippers’ Council Saves FG N46bn Loss In 1 Year
Business

Shippers’ Council Decries Foreign Shipping Lines’ Peak Season Surcharges On Africa-bound Cargoes

2 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

MAN Calls For Urgent Reforms In Boosting Manufacturing Sector

21 minutes ago

Youths In Bloody Clash Over Killing Of Suspected ‘Yahoo Boy’ In Edo

22 minutes ago

House Of Reps Seeks Upgrade Of UI, UNN, ABU

37 minutes ago

NAFDAC Recalls Substandard Astamocil, Astamentin Antibiotics From Market

37 minutes ago

Regional Commissions Must Drive Development – Bisi Akande

39 minutes ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.