Business
Lawmakers Stakeholders Want Oversight Functions On IOCs

Stakeholders including legislators and civil society activists have advocated a system where states could exercise over sight functions on multinational firms operating in their area.
They said that the unitary nature of the federal structure and national laws are making it extremely difficulty for state legislatures to carry out these functions over the activities of international oil companies (IOCs).
They made their position known in a communique issued recently after a two-day training on “Best Practice Mechanisms for Natural Resource Governance” organised in Yenagoa by a civil society organisation, the Centre for Environment, Human Rights and Development (CEHRD) in collaboration with Amnesty International, London, for members of the Bayelsa State House of Assembly.
The participants argued that over-sighting the IOCs with regard to local environmental laws and application of international best standards and practices had been hampered by overriding federal laws. “Oil companies are always quick to remind state legislators on lack of powers to play oversight roles over them”, they said.
They also frowned at the skewed nature of resource ownership in the country, saying it had excluded oil-producing communities in the Niger Delta region.
They complained about lack of accountability by the oil companies and non-transparency in the award of oil blocks and contracts.
The stakeholders further expressed dismay that “the Petroleum Industry Bill is still gathering dust at the National Assembly”, many years after it was first introduced.
They called for constitution amendment to give state legislatures oversight powers over activities of the IOCs operating in their domain in order to regulate their activities and protect their local environment.
Participants at the training included Konbowei Benson, speaker, Bayelsa State House of Assembly, principal officers of the House, chairmen of committees, members of the House, clerk of the House, legislative assistants, major principal staff of the House and representatives of key CSOs in the state.
At the final session of the forum, resource persons including Tari Dadiowei and Bolaji Babatunde presented papers on “Global Memorandum of Understanding (GMoU) As a Tool for Conflict Management in the Niger Delta: The Imperative of Partnering with the Legislature” and “Monitoring the Compliance of Oil Companies with the Environmental Impact Assessment Mechanisms”, respectively.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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