Dr Iziaq Salako, Minister of State for Environment, gave the charge on Thursday at the Maiden Environmental Performance Award for the Oil and Gas sector in Abuja.
The event was organised by NOSDRA in collaboration with the Stakeholder Democracy Network (SDN), an NGO.
Salako identified effective environmental regulatory mechanism in the petroleum industry as essential for sustainable resource management, climate change mitigation, economic efficiency and accountability.
The minister said that such mechanism was also crucial for building public trust for operational social licencing, legal and international compliance.
He said that oil and gas was unarguably the world’s most vital but most environmentally disruptive industry.
Salako, however, stressed the need for effective regulation of the sector to ensure that the benefits of oil and gas production were balanced.
“Also, there is the need to protect the environment, maintain public health and contribute to national development on a sustainable manner,’’ he said.
The minister said that the country had faced significant challenges and limitations in managing and responding to oil spills resulting in consequential land degradation prior to the establishment of NOSDRA in October 2006.
He said that the situation was characterised by a lack of cohesive policy, inefficient coordination among stakeholders and inadequate resources to effectively address oil spill incidents particularly in the Niger-Delta region.
“Nigeria is faced with a fragmented regulatory framework, inadequate preparedness and response, limited community engagement negative environmental and health impacts, adverse economic consequences, among others.
“Since the establishment of NOSDRA, it has been working in the area of spill preparedness, response, cleanup and remediation among others.
“Over the years, NOSDRA has remained unwavering in delivering on its mandate, responding to thousands of major and minor oil spills, ensuring that impacted communities are adequately compensated and remediated.
“Non-complying oil operators are taking to court to enforce compliance,” he said.
He added that environmental performance award serves as a multi-faceted tool aimed at driving change, promoting sustainability and acknowledging those that lead by example.
According to him, the award also addresses historical environmental goals; enhances community relations, boosts innovations and offers reputational requirement and investment.
