Sunday 12 January 2014

Petroleum Ministry allocates N2.4 billion for water pollution control

The Ministry of Petroleum Resources will this year spend N2.378 billion on water pollution prevention and control.
This is part of the details of the 2014 budget recently laid before the National Assembly by the Minister of Finance, Ngozi Okonjo-Iweala.
The water pollution prevention project is located under what the ministry tagged “Preservation of the Environment.”
The budget proposal also shows that the ministry is going to spend N800 million on hydrocarbon pollution restoration project and another N600 million on facilities for technical/administrative cooperation with international bodies on oil and gas development and utilization.
These are apart from the N110.572 million set aside for facilities and equipment for monitoring and evaluation as well as another N57 million earmarked for the implementation of petroleum statistics collaboration, auditing and operationalisation, programmes of the compendium.
These are to be funded by the total N4.121 billion allocated to the ministry in the 2014 budget proposal.

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