Tantita Advocates Carbon Streaming To Generate Income For Oil-Producing Communities

By Sylvanus OBASI, Lagos 

 Executive Director, Technical and operations of Tantita Security Services Limited, Captain Warredi Enisuoh is advocating for the establishment and utilisation of carbon streaming to generate income for the Niger-Delta communities; even as he has reiterated the commitment of the company to combating crude  oil theft , increasing oil production in the country and improving  the lives of communities .

PLATFORM REPORTERS gathered that Capt Warredi made this call while Presenting a paper on “Infrastructure Protection, Security and Prevention of Oil Theft” at the Ist PAN- IJAW Economic Summit 2024 which held recently in Yenagoa.

According to him, “You cannot remove social economic problems from security issues. We are here to also market how carbon streaming, carbon credit and carbon capture can generate a lot of money for the communities so that the communities can take their taste bud off the crude oil pipelines which is more or less damaging  the environment, creating a reduction in lifespan “

Speaking further, Captain Warredi said that effective security of Nigeria’s public infrastructure and Oil reserves will to a large extent enhance the benefits to the people and the country. 

Captain Enisuoh who was Guest speaker at the function said, “With carbon capture you have a lot of trees in these areas that can absolve CO2 from the atmosphere . If they do not pollute the environment any further, these trees can thrive. We will be able to take stock of these trees and be able to generate more income for companies around the world.

“Many of them are willing to partner with regions like this in exchange for Green Development to participate in industrial Development that is not going to create further carbon emission, creating more global warming and also be able to improve the Health and well being of the inhabitants of the region alongside the Development they are going to face “. 

For the Chairman RGP microfinance Bank, Engr. Sunny Dressman he  applauded Tantita security services limited for the wonderful works the company is doing . He also commended the company for the efforts to make the communities a better place for all.  

The Executive  Director maintained that Tantita will continue to tackle the scourge of illegal bunkering through a comprehensive and inclusive strategy aimed at not only halting  the illegal activities of crude oil theft but also educating and engaging those involved in the nefarious activities.

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