Business
Expert Tasks IOCs On Host Communities Development
Elder statesman and expert in the environment sector, Engr Olu Andah Wai – Ogosu, has urged IOCs and other multinational companies operating in the Niger Delta region to take full responsibilities for the development of their host communities. Wai-Ogosu who spoke with The Tide in an interview at the weekend said the prevalence of conflicts between oil companies and their host communities in the Niger Delta was due to the neglect of the host communities by the multinationals. He expressed disappointment over the fact that the IOCs place commercial and profit motives over the development of their host communities. He said such attitude of corporate negligence on the part of the IOCs was the bane of the people of the host communities who live in abject poverty and infrastructural decay.
Using Onne, an industrial hub in Rivers State as an example, the Elder statesman said despite the numerous companies operating in Onne, there was no meaningful host community engagement as no MoU was signed with the people of Onne. Wai – Ogosu who described the practice in Onne and Niger Delta as “corporate negligence” called on all multinationals and corporate organisations operating in the Niger Delta to introduce a more practical community engagement model and implement the Memoranda of Understanding (MOUs) signed with their host communities.
Wai-Ogosu who spoke with The Tide in an exclusive interview yesterday, pointed out that; “modern industry practices require that both the oil firms and the host communities operate in mutual agreement and synergy through a well established community engagement model that would be subject to upward reviews to suit evolving developments to avert crisis.”
He noted that oil related conflicts have been a predominant feature of the Niger Delta over the years and urged prospecting oil firms and other corporate organzsations in the Niger Delta to learn from the experiences of the past to improve their host community relations by contributing meaningfully to the development of their host communities.
The environmental expert , said host communities were major stakeholders in the oil and gas business, noting that their active participation in the sector was an elixir to smooth business operation. “It’s certain that business activities can’t thrive in an environment where there is mutual disagreement and incessant conflicts, The Federal Government’s policies on the Onne Oil and Gas Free Zone are not properly directed, there are fillers that SNEPCo, a major affiliate of Shell wants to relocate from Onne over flimsy and unjustifiable excuses. This is totally unacceptable to the people of Onne. Global standards in oil and gas business require that host communities be given their due sense of belonging to promote peace and development. The business concern must be accommodative of the development interest of the host communities. Any company that glosses over the interest of its host communities is bound to face challenges.”
Taneh Beemene
Business
PENGASSAN Tasks Multinationals On Workers’ Salary Increase
Business
SEC Unveils Digital Regulatory Hub To Boost Oversight Across Financial Markets
Business
NAFDAC Decries Circulation Of Prohibited Food Items In markets …….Orders Vendors’ Immediate Cessation Of Dealings With Products
Importers, market traders, and supermarket operators have therefore, been directed to immediately cease all dealings in these items and to notify their supply chain partners to halt transactions involving prohibited products.
The agency emphasized that failure to comply will attract strict enforcement measures, including seizure and destruction of goods, suspension or revocation of operational licences, and prosecution under relevant laws.
The statement said “The National Agency for Food and Drug Administration and Control (NAFDAC) has raised an alarm over the growing incidence of smuggling, sale, and distribution of regulated food products such as pasta, noodles, sugar, and tomato paste currently found in markets across the country.
“These products are expressly listed on the Federal Government’s Customs Prohibition List and are not permitted for importation”.
NAFDAC also called on other government bodies, including the Nigeria Customs Service, Nigeria Immigration Service(NIS) Standards Organisation of Nigeria (SON), Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigeria Shippers Council, and the Nigeria Agricultural Quarantine Service (NAQS), to collaborate in enforcing the ban on these unsafe products.
-
Politics2 days agoSenate Receives Tinubu’s 2026-2028 MTEF/FSP For Approval
-
News2 days agoRSG Lists Key Areas of 2026 Budget
-
News2 days agoDangote Unveils N100bn Education Fund For Nigerian Students
-
News2 days agoTinubu Opens Bodo-Bonny Road …Fubara Expresses Gratitude
-
News2 days ago
Nigeria Tops Countries Ignoring Judgements -ECOWAS Court
-
Sports2 days agoNew W.White Cup: GSS Elekahia Emerged Champions
-
Featured2 days agoFubara Restates Commitment To Peace, Development …Commissions 10.7km Egbeda–Omerelu Road
-
Sports2 days ago
Players Battle For Honours At PH International Polo Tourney
