Niger Delta
Energy Expert Blames Sabotage On Host Com Exclusion
The decision by the Federal Government to delay the implementation of the community engagement standards in Niger-Delta may have resulted in the spate of unwholesome activities in the region, an energy expert, Meka Olowola, has said.
Olowola in a chat with newsmen yesterday argued that the inability of the government to review its strategy and approach to conflict resolution in the region is having negative consequences on the country’s oil earnings.
The negative consequences of the activities according to him, include pipeline vandalism, crude oil theft and other untoward practices in the region, adding that the development has slowed down oil production in Nigeria.
Speaking on strategies to reducing vandalism and theft in the sector, Olowola said the implementation of the engagement standards is inevitable, if the country must put an end to such activities.
He emphasised the need for Federal Government to review the comprehensive standards and principles of community engagement put forward by sustainability inclined stakeholders in the sector led by the Ministry of Petroleum Resources, Facility for Oil Sector Transparency and Reform (FOSTER II) in Nigeria, CSR-in-Action.
He said standards are products of painstaking research and will help in laying solid structures to tackle community conflicts and reduce oil theft as well as illegal bunkering.
He identified commitment to acceptable engagement standards across the value chain as a panacea to incessant conflicts in communities that play host to oil and gas exploration companies and counselled that Nigeria should enforce the much-needed discipline in the oil and gas sector, which according to him is currently marred with violence and corruption.
Olowola said the challenges facing both oil companies and communities in the Niger Delta region could be prevailed over with proper stakeholder engagement and communication.
He stressed that the need for oil companies to engage in multilayered dialogue with host communities and the government could not be overestimated, saying the community engagement standards gives insights as to how this can be achieved using real-life scenarios.
He specifically said: “The rising tension between oil companies in the upstream sector and their host communities call for a multi-stakeholder engagement approach. Companies need to see their host communities as business partners and as such must do everything possible to ensure that the relationship is mutually as beneficial as possible. The change of outlook will invariably impact the attitude of members of oil-producing states towards companies”
‘’Following the establishment of clear communication lines between all stakeholders, oil companies must proceed to launch sustainable and far-reaching CSR activities.
“The practice of CSR transcends charitable donations and companies need to obtain a full understanding of this fact which will change the conduct of firms across the nation. The Community Engagement Standards codifies the best approach to optimising the gains of the oil & gas sector”
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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