Firm Plans Carbon Credit Initiative for N/Delta Restoration
By Faridat Salifu
Tantita Security Services Ltd. has revealed an ambitious plan to produce $320 million yearly with the goal of rehabilitating the ecosystem of the Niger Delta and promoting economic independence for its residents.
This is to be achieved through the company’s Carbon Credit Initiative
Waredi Enisuoh, Executive Director of Operations and Technical at Tantita Security, made the announcement at a lecture organized by Highstone Global University (HGU) Texas, USA, in Asaba, Delta State capital, Saturday, December 7.
At the lecture themed: “Sustainability Through Good Governance and Community Development,” Enisuoh emphasized the need for the Niger Delta region to move beyond its reliance on oil and gas by leveraging its natural resources for carbon credit generation.
According to him, areas with approximately 50,000 trees could yield the estimated $320 million annually, noting, however, that achieving this figure requires rigorous scientific validation and alignment with Nigeria’s Climate Change Act of 2021.
“Our goal is not just about profits; it’s about creating a sustainable environment and securing a future for generations to come,” Enisuoh said.
He also outlined the company’s commitment to community engagement, advocating for behavioral changes to reduce illegal activities and attract sustainable investment.
The carbon credit initiative builds on existing efforts to revive the Niger Delta’s ecosystem, which has suffered extensive damage from years of oil exploration and illegal activities.
Enisuoh credited the Nigerian National Petroleum Corporation (NNPC)’s Pipeline Protection Programme and consistent environmental policies under President Bola Ahmed Tinubu’s administration for notable progress in restoring marine life.
“Degraded waters are now showing signs of recovery, with the return of fish, crayfish, and other aquatic species,” he said.
Despite these gains, Enisuoh lamented ongoing challenges, including the threat of illegal ships entering Nigerian waters.
He called for stricter maritime security to protect the region’s resources and ensure the success of sustainability initiatives.
Also speaking at the event, Prof. Jasper Ikpesu, an HSE Manager at the Petroleum Training Institute, underscored the link between sustainability, governance, and community involvement.
“Transparent governance, education, and health are key to empowering communities and creating a sustainable future,” Ikpesu said, while calling for collaborative efforts among governments, institutions, and individuals to achieve shared goals.
The event saw Enisuoh and 17 others honored with HGU’s Lifetime Achievement/Sustainable Development Award, while 16 others received Excellence in Leadership Awards.