Business
Community Protests Exclusion From Shell’s Divestment Process
The Belema Community
in the Akuku-Toru Local Government Area of Rivers State has protested the exclusion of Belema Oil and Gas Limited by the Shell Petroleum Development Company of Nigeria (SPDC) in the OML 25 block divestment bidding exercise.
The community which protested in Port Harcourt with several placards also denounced the Global Memorandum of Understanding (GMoU) allegedly signed by the Opu Kula Community, stressing that Belema Community which is the landlord to SPDC was not part of the agreement.
A press release signed by the Paramount Ruler of Belema Community, HRM King Boardillon Oko and HRH King G. A. Egbelekro Opueze said that Belema Oil and Gas Limited has the technical competence to operate the field.
“Our indigenous son’s company has the human resources, personnel, financial and technical consortium of partners to purchase and operate the facility in the aforesaid block,” the statement said.
“We use this medium to immediately ask SPDC to comply with the terms and conditions of any law relating to the Nigerian Local Content,” it maintained.
The people also said that Belema Community is not part of Opu Kula and therefore deserves to be recognised by SPDC even as the said flow station is owned by Belema and not opu Kula.
Also speaking, Hon. Prince Mpakaboari Welsh said that the community wants its sons and daughters to be part of the bidding process.
He said that it was the community that shut down the Ekulama Flow Station on the 9th of February, 2014 and not Opu Kula as is being alleged.
All efforts made to reach SPDC for its comment proved abortive.
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
NCDMB Council, Mgt Seek Improvements In Corporate Governance, Performance
