The Guardian (Nigeria)

Oil, gas divestment: Niger Delta communitie­s seek transparen­cy, inclusion

- From Ann Godwin, Port Harcourt

Oproducing communitie­s in Niger Delta ha ve called for transparen­cy and accountabi­lity in the ongoing divestment in the oil and gas industry.

The communitie­s’ representa­tives said this after a meeting in Port Harcourt where they urged the Federal Government and oil corporatio­ns to open up and ensure transparen­cy in the ongoing oil and gas divestment scheme.

The meeting was organised by the Human and Environmen­tal Developmen­t Agenda ( HEDA Resource Centre) in partnershi­p with the National Human Rights Commission ( NHRC) with the support of the Macarthur Foundation. Recall that in Januar y this year, oil giant, Shell Nigeria Plc, agreed to sell its onshore oil concerns to local companies in a deal worth $ 1.3 billion to meet the long- term objective of divesting itself from the increasing­ly difficult operating environmen­t that is characteri­sed by rising sabo tage, communal strife, oil theft and concerns of climate change global movement. The idea of divestment by Internatio­nal Oil Companies ( IOCS) began in 2010.

The Chairman, HEDA Resource Centre, Olanrewaju

Suraju, lamented that oil and mental developmen­t in gas divestment issues are ridNigeria. dled with issues of corrupSura­ju said: “Corruption tion, human rights abuses, occurs in a wide spectrum of secrecy, disguised beneficial our human activities, includowne­rship and inad equate ing in the democratic considerat­ion for the overall processes, public and corpopligh­t of host communitie­s. rate governance, resource He said that corruption ownership, allocation and remains a major clog on the distributi­on, including oil wheel of human and environ- and gas related issues.”

Newspapers in English

Newspapers from Nigeria