• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, November 12, 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

NNPC, Others Launch Initiative To Restore Local Biodiversity

by Olushola Bello
1 year ago
in Business
NNPC
Share on WhatsAppShare on FacebookShare on XTelegram

Nigerian National Petroleum Company Limited (NNPC) and FIRST Exploration and Petroleum Development Company Limited partnered with the Nigerian Conservation Foundation (NCF) to launch Afforestation, Livelihood Enhancement, and Carbon Sequestration (ALEC) initiative in ensuring environmental sustainability and community empowerment.

Advertisement

The initiative will work to combat critical issues of deforestation, biodiversity loss, and climate change in 11 littoral communities of Bayelsa State while simultaneously enhancing the socio-economic well-being of the local population.

In Nigeria, the situation calls for immediate action, with an estimated 70 to 80 per cent of the nation’s original forests already lost due to unsustainable logging and agricultural expansion, as reported by Global Forest Watch and the Food and Agriculture Organization (FAO).

Advertisement

Moreover, Nigeria harbours 309 species that are currently listed as threatened on the International Union for Conservation of Nature (IUCN) Red List. Without immediate and decisive action, Nigeria is on track to lose its remaining mangrove forests by 2050, according to projections by the Nigerian Conservation Foundation (NCF); a loss that would not only exacerbate the effects of climate change but also further endanger the country’s rich biodiversity.

In response to these pressing issues, the ALEC Initiative will plant half a million trees over a span of five years and work towards rehabilitating and conserving critical ecosystems in the host communities for the NNPC Ltd/FIRST E&P JV.

Speaking on the partnership signing, chief upstream investment officer, NNPC Upstream Investment Management Services (NUIMS), Bala Wunti said, “this initiative reflects our dedication to environmental stewardship and social responsibility as well as a clear understanding that sustainable business success is inherently tied to the well-being of the communities we serve and the ecosystems we rely on.”

RELATED NEWS

Mortgage, Insurance Costs Soar Amid Escalating Building Material Prices

Government Lists N1trn Real Estate Fund On Exchange For Affordable Housing

Telecom Operators Seek Institutional Independence, Collaboration On National Digital Bill

Civil Society Group Wants Implementation Of 15% Fuel Tariff Delayed

“The ALEC Project marks a pivotal step in our journey towards a sustainable future,” said Mr. Etomi, Executive Director, Corporate Services at FIRST E&P, during the partnership signing event.

“By restoring the vital ecosystems of our host communities, we are not only addressing a critical environmental need but also empowering local communities with new economic opportunities. This project exemplifies the powerful synergy between environmental stewardship and community development, underscoring our deep commitment to leaving a lasting legacy of positive impact.”

The director-general of the Nigerian Conservation Foundation (NCF), Dr. Joseph Onoja stated, “we are very excited about this project because it aligns with our strategic pillars, such as habitat restoration, tackling the climate crisis, and species conservation. This project will help us achieve some of the key goals we have set and ensure that people in the beneficiary communities, as well as Nigerians as a whole, enjoy a better quality of life while safeguarding the environment.”

This initiative not only reinforces Nigeria’s leadership in global efforts to combat climate change and biodiversity loss but also underscores the nation’s critical role in fostering sustainable development.

 

 

 

Join Our WhatsApp Channel


SendShareTweetShare

OTHER NEWS UPDATES

FCT Town Planners Reaffirm Commitment To Abuja Master Plan Restoration
Business

Mortgage, Insurance Costs Soar Amid Escalating Building Material Prices

1 hour ago
Federal Gov’t Hands Over Bauchi NHP Housing To Air Force Despite Opposition
Business

Government Lists N1trn Real Estate Fund On Exchange For Affordable Housing

1 hour ago
Telecom Operators Seek Institutional Independence, Collaboration On National Digital Bill
Business

Telecom Operators Seek Institutional Independence, Collaboration On National Digital Bill

2 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Two Fans Die On Day Two Of ATP Finals In Turin

10 minutes ago

LOCAL SPOTLIGHT: Meet The Nigerian Studio Making Games In Yoruba, Hausa

11 minutes ago

Ogoni Power Plant: HYPREP Supplies 4 60MVA Transformers, Accessories

36 minutes ago

Suspected Ritualists Kill Woman, Remove Head, Other Parts In Oyo Community

40 minutes ago

Minister Pledges Investment In Education For Youth Empowerment

42 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.