Oil & Energy
N’Delta Under Development: Don Fingers Oil Firms
A university teacher, Prof Nekabari Nna has attributed the gross under development among Niger Delta communities to the neglect and sharp practices of oil companies operating in the region.
Prof. Nna disclosed this while delivering a paper at a one-day security seminar organised by the Association of Retired Senior Military and Paramilitary Officers of Ogoni (ARMPOO) in Bori, headquarters of Khana Local Government Area of Rivers State last Saturday.
Speaking on the topic, “Contemporary Security Challenges and Socio-Economic Development of Ogoniland,” the university teacher and political scientist, said the growing insecurity in Ogoniland and other parts of the Niger Delta were a product of underdevelopment.
He recalled that Ogonis played host to Shell Petroleum Development Company (SPDC) for decades, but have nothing to show in terms of corporate social responsibilities from the company, except the pollution of their natural environments. He said, “the operation of oil transnational corporations flare gases and spill crude oil that degrade our environment, and in this regard threaten our right to clean air, clean water and sustainable livelihood, thus creating security risks.”
He pointed out that the people of Ogoni and the Niger Delta, in general have lost their natural sense of existence and livelihood to the unguarded activities of oil firms who are primarily concerned about commercial interest than the development of their host communities.
Prof Nna who is a lecturer in the department of Political and Administrative studies, University of Port Harcourt, noted that such self serving policies on the part of some oil firms operating in the Niger Delta undermines the tenants of international best practices and the Millennium Development Goals. He urged the oil companies to ensure that they enter into social contracts with their host communities, and make their policies to conform with the Millennium Development Goals, especially on Poverty Eradication, Universal Basic Education and Environmental Sustainability.
The militarization of the Niger Delta, led to capital economic flight, with companies relocating from the region because of security threats, such as kidnapping of company staff and disruption of oil exploration activities. The consequences of these actions is deepening poverty and underdevelopment of the Niger Delta,” he said.
He called on all Ogoni stakeholders to work collectively towards addressing the prevalent security challenges in the area.
Oil & Energy
AEDC Confirms Workforce Shake-up …..Says It’ll Ensure Better Service Delivery
As part of the restructuring, the company said it had promoted high-performing employees, released retiring staff, and disengaged others whose performance fell below expected standards.
It added that it has also begun implementing a comprehensive employee development and customer management plan to strengthen its service delivery framework.
“In line with its corporate transformation strategy, Abuja Electricity Distribution Company has announced a restructuring exercise aimed at delivering improved services to its customers as well as enhanced operational efficiency and excellence.
“The restructuring is in line with our strategic direction to become a more responsive and efficient organisation, capable of delivering world-class service to our customers.
“As part of the transformation, the Company has promoted high-performing staff, released retiring employees and those performing below par, and has put in motion the implementation of a robust employee development and customer management plan aimed at driving AEDC’s customer-centric focus,” the company said.
AEDC noted that the reforms are part of its broader commitment to provide reliable, safe, and sustainable electricity to customers across its franchise areas, including the Federal Capital Territory and the states of Niger, Kogi, and Nasarawa.
The firm further pledged to continue investing in infrastructure upgrades, digital technologies, and operational innovations to improve service reliability and customer satisfaction.
“With a strong commitment to delighting its customers, AEDC continues to contribute to the growth and development of Nigeria’s energy sector through investments in infrastructure, innovative technologies, and sustainable practices.
“AEDC consistently seeks to improve the quality of life for its customers, promote efficient energy usage, and actively engage with its communities,” the statement added.
Oil & Energy
Economic Prosperity: OPEC Sues For Increase In Local Crude Oil Refining
Oil & Energy
Senate Seeks Mandate To Track, Trace, Recover Stolen Crude Oil Proceeds
Nwoko who is also the Senator representing Delta North Senatorial District, said that forensic reviews show over S22b, S81b and S200b remained unaccounted for across different audit periods.
“I remain committed, alongside my colleagues, to ensuring accountability, recovery, and reform within the oil and gas sector.
Nwoko stated that the Committee had earlier presented its interim report before the senate saying “Our investigation has so far uncovered massive revenue losses amounting to over $300 billion in unaccounted crude oil proceeds over the years.
“This represents one of the most troubling cases of economic sabotage our nation has ever faced.
“We have made far-reaching recommendations to end this long-standing menace.
“There is need for strict enforcement of international crude oil measurement standards at all production and export points.
He urged the federal government to mandate the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to deploy modern, tamper-proof measuring technology or return this function to the Department of Weights and Measures under the Ministry of Industry, Trade, and Investment.
The senator called for the deployment of advanced surveillance systems, including drones, to assist security agencies in combating oil theft.
He also called for the creation of a Special Court for Crude Oil Theft to ensure swift prosecution of offenders and their collaborators, saying it would also go a long way in tackling the challenge.
“We must also ensure the full implementation of the Host Communities Development Trust Fund under the Petroleum Industry Act (PIA) to empower local communities and reduce sabotage.
“Ceding abandoned oil wells to the NUPRC for allocation to modular refineries to support local production and job creation is also very vital in fighting the menace of oil theft and sabotage,” Nwoko further said.
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