International Journal of Academic Accounting, Finance & Management Research (IJAAFMR)
  Year: 2023 | Volume: 7 | Issue: 6 | Page No.: 40-50
Gas Flaring Cessation In Nigeria: Challenges, Contentions & Controversies Download PDF
Ekakitie-Emonena, Sunny (Ph.D) and Agbada, Andrew (Ph.D)

Abstract:
The study attempt to interrogate the curious issues of gas flaring within the Niger Delta region of Nigeria and the hardships being suffered by the citizens of the region. In potraying the true and dire situation, the authors adopted theoretical and anecdotal mechanics to caliberate the challenges of continued gas flaring in the region. It x-rayed the extant contentions and controveries surrounding the continued gas flaring and the economic losses, not forgetting the environmental and health hazards it inflicts on the indegenous peoples of the Niger Delta. A cronology of feeble government regulatory frameworks and even the 2021 passage of petroleum industry act (PIA) which was left to freeze for over fiften years since the advent of democracy (1999), underscored the lack of political will of the Nigerian State and its actors to stop gas flaring in the region by Oil producing Corporations. The study concluded that not until the authorities and its actors rescend graft, theft and inducement from Oil firms, the extant regulations, codes and best practices in the industry globally will never see the light of day in Nigeria. The study recommended continued agitations by peoples of the region including CSOs, NGOs and faith-based organizations, to enable attention be drawn to this criminal anormaly of gas flarring. Also the citizens of the region and their leaders should engage the UN and its Security Council to the genocidal intension of the Nigerian government against minority peoples of the Niger Delta.