Minister of State for Petroleum Resources Ibe Kachikwu received the approval of the Federal Executive Council (FEC) for the Constitution of the National Council on Hydrocarbons, and the hosting of an International Flare Reduction Convergence Meeting in November 30 and December 1, 2016. [Nigeria is the second highest gas flaring nation in the world, after Russia, and has signed up to an International effort to completely eliminate gas flaring by 2030].
The National Council on Hydrocarbons will serve as an Ombudsman body that meets once a year or at extraordinary times to review policies in the Hydrocarbons sector. It will bring together Oil Companies, Communities, Government Ministries and everyone who has an interest in or is impacted by the sector.
Policy source: Aso Villa Newsletter
