Niger Delta

A’Ibom Condemns Exxon Mobil’s Attempt To Sell Shared Assets

Published

4 years ago

March 28, 2022

Akwa Ibom State Government has declared a recent attempt by Mobil Producing Nigeria Unlimited to sell off some of its assets, even as there is a pending court case, as upsetting and unbecoming of a responsible corporate citizen.
The state government said it was most irresponsible that the International Oil Company did not inform the state government, which is a critical partner, of the intention to carry out such major activity on its shared assets.
Recall that Exxon Mobil had recently issued a release informing the general public that it had reached an agreement to sell its equity interest in Mobil Producing Nigeria Unlimited to Seplat Energy, a Nigerian independent oil and gas company, through its wholly-owned subsidiary Seplat Energy Offshore Limited.
“This sale will allow us to prioritise competitively advantaged investments in our strategic assets, and it supports the Nigerian government’s efforts to grow its oil and gas operations,” said Liam Mallon, president, of ExxonMobil Upstream Oil and Gas. “We value the relationships we have spent decades building with the government and people of Nigeria, which will continue as we maximise the value from our deepwater operations.”
“When finalised, the sale will include the Mobil Development Nigeria and Mobil Exploration Nigeria equity ownership of Mobil Producing Nigeria Unlimited, which holds a 40 percent stake in four oil mining licences, including more than 90 shallow-water and onshore platforms and 300 producing wells,” the release stated
In an interaction with newsmen in Uyo at the weekend, however, the Akwa Ibom State Attorney General and Commissioner for Justice, Mr Uko Essien Udom (SAN), said the state government had filed a suit in court to prevent Mobil from proceeding with the assets sale.
Udom informed newsmen of another pending case involving ExxonMobil and the Akwa Ibom State government, initiated by the former, following the revocation of some Certificates of Occupancy from the company.
He said the attempt to sell off some of the assets, some of which were shared between the duo and the alleged plans by the company to relocate from the state would further frustrate the outcome of the initial court case.
In his words, “Mobil has not formally informed the state government that they are selling and leaving. Everything we heard was from the press. which is most irresponsible for any corporate citizen. There has been no direct contact with us. That is an action that may frustrate the outcome of a pending court case”.
“Akwa Ibom State Government had to enter a court case restraining Mobil from continuing with the proposed sale of its assets and that’s because there is pending litigation between Mobil and the government of Akwa Ibom State. The attempt to sell its asset, some of which may include assets belonging to Akwa Ibom State was handled in a manner that is rather upsetting.
“Mobil has been in Akwa Ibom State for several years and the relationship has been very good until recently. The fact that they’ll attempt to sell in a surreptitious manner without any discussion with the government of Akwa Ibom State is very distressing and not to be expected of a responsible corporate citizen.
Attempting to provide some insight on why ExxonMobil may have dragged the state government to court in the first instance, Udom said “All the land in Akwa Ibom belongs to the government, the government gives out a certificate of occupancy. Some of the certificates of occupancy purportedly old have been revoked. They actually sued the Akwa Ibom government challenging the revocation of some of the C of Os and the matter is pending and is continuing.
“It is, therefore, a big surprise to us that in the pendency of these lawsuits, they went ahead and attempted to sell some of the assets and leave. That is why we have the order, stopping them from continuing the sale and removing any asset from Akwa Ibom State. The sell-out cannot be allowed to proceed because when you have parties contesting ownership of assets, all those things would be kept in abeyance.
“The court has the right to keep what is called “subject matter of litigation”. Any attempt by either of the parties to deplete the asset or sell or dispose of them would be resisted by the court. it is contemptuous actually”. he said.

Niger Delta

Make God Your Anchor To Fulfill Destiny, Cleric Charges Christians … As Jaja Marks 70th Birthday

Published

1 day ago

December 5, 2025

The Tide

The Lead Pastor at Jesus Appointed People’s Bible Church, Ozogbe, Ikwerrengwo-Etche, in Etche Local Government Area of Rivers State, Pastor Promise Nwaelele, has urged Christians to make God the anchor of their lives in whatever position they find themselves, in order to attain the destinies set for them by God.

Pastor Nwaelele, who gave the charge recently in a sermon he preached at the 70th birthday anniversary thanksgiving service of Sir Donald Michael Jaja, a veteran journalist in Rivers State, said this is because any genuine child of God is a permanent target for destabilization and destruction by the devil.

Taking his text from the Bible book of Mark 4:16-17, the preacher stated that fulfilment in life for a child of God required faith, obedience to God’s word, humility and grace to withstand trials and temptations.

According to him, temptations and afflictions are bound to happen in the lives of those who have accepted Jesus Christ as their Lord and Savior.

“No wonder the Bible said that those that endure till the end shall be saved”, he said.

The Clergyman said God prospers believers who are humble, not proud and conceited, and leads them to destiny fulfilment.

“David said in Psalm 51:17, that the sacrifices acceptable to God are a broken spirit, not an impatient or proud spirit”, the preacher said.

He called on Christians not to allow persecutions and afflictions to sway them from the love and blessings of Jesus Christ.

On his part, Jaja, a seasoned Journalist who retired as an Acting Editor of the Rivers State Government-owned The Tide Newspaper, gave thanks to God for honouring him by giving him the grace of attaining 70 years.

“I cannot capture what the good Lord has done for me in my entire life in this fleeting moment of thanksgiving. But, I know that without Him, I wouldn’t have been who I am today, in all spheres. Therefore, my joy knows no bounds as I give thanks to my creator today, alongside my family. Praise be His holy name”, Jaja said.

Niger Delta

Remember Me As Fighter Against Sexual Harassment – UNICAL VC

Published

1 day ago

December 5, 2025

The Tide

The outgoing Vice-Chancellor of the University of Calabar (UniCal), Prof. Florence Obi, has said she will want to be remembered for fighting sexual harassment and delayed results.

Obi made the remark recently at an event in Calabar, organised by the university to mark the end of her five-year tenure as the 11th substantive Vice Chancellor of the institution.

It would be recalled that Obi, whose tenure expired on November 30, was appointed Vice Chancellor on September 10, 2020, but officially assumed office on December 1, 2020.

She said her commitment to protecting students, especially the female ones, remained one of her greatest achievements as Vice Chancellor.

She said, “I fought against sexual predators and ensured timely release of students’ results to curb frustration within the institution.”

While expressing fulfilment at completing her tenure and thanking God for enabling her finish strong after five years in office, she said she would return to the classroom because teaching remained her passion.

Earlier, she addressed staff and students outside her office during a carnival-like, marching out parade in her honour, thanking them for their support throughout her administration.

She also encouraged them to support her successor to enable him to succeed and take the university to greater heights.

“This institution has recorded significant growth and I am confident that my successor will advance the progress already made”, she said.

The Tide’s source reports that under her leadership, the largest solar power plant in Cross River State was built in UniCal, ensuring stable electricity for the university and its teaching hospital.

Other achievements included upgrading the Faculty of Education to a College, getting Mass Communication accredited and elevated to a Faculty.

Her administration also constructed new hostels, introduced departmental scholarships, built a fire service station, and completed the Law Faculty complex.

Niger Delta

Oborevwori Presents N1.664tn 2026 Appropriations Bill

Published

2 days ago

December 5, 2025

The Tide

Delta State Governor, Sheriff Oboreveori, on Wednesday, presented the 2026 Appropriation Bill of N1.664 trillion to the State House of Assembly.

Presenting the bill during plenary of the Assembly in Asaba, Oborevwori said, “I wish to announce a budget proposal of N1.664 trillion for the services of Delta State Government in 2026.”

He said the amount comprised the sum of N499 billion, representing 30 per cent of total budget for Recurrent Expenditure, and N1.165 trillion representing 70 per cent of total budget for Capital Expenditure.

The Governor added that the 2026 budget size indicated an increase of N685 billion, or 70 per cent over the 2025 Appropriation.

He also said sources of funds for the 2026 budget as proposed would be mainly from statutory allocation, internally generated revenue, mineral derivation, and Value Added, Tax among others.

Giving breakdown of the budget proposal, he said the state was earmarking N450 billion for road projects across the state in the 2026 fiscal year.

He said, ”A well-developed road infrastructure is a catalyst for economic growth.

”It facilitates easy movement of goods and services, reduces transportation costs, attracts investment, and improves access to markets and thereby boosting socio-economic development and generating employment opportunities.

”Agriculture is key to economic diversification and sustainable development.

”We shall continue to devote considerable attention and resources to fast-track developments in the agricultural sector towards enhancing food security in Delta State.

”This will also enable economic diversification, promote self-reliance, and generate employment opportunities.”

The Tide’s source reports that the sum of 10 billion has been earmarked for the Ministry of Agriculture and Natural Resources in the 2026 Budget.

Oborevwori, who is the immediate past Speaker of the Assembly, commended the House for its partnership and urged members to expedite consideration and passage of the budget to sustain ongoing development momentum.

He reaffirmed his administration’s commitment to building “a prosperous, secure, and stronger Delta where no one is left behind.”

In his remarks, the Speaker of the State House of Assembly, Mr. Dennis Guwor, commended Oborevwori’s administration for the steady strides recorded under the “Renewed Hope for MORE Agenda”.

”Over the past year, we have witnessed sustained investments in critical infrastructure, impactful social interventions, prudent fiscal management of resources, and strategic initiatives aimed at promoting peace, security, and economic stability across the State”, he said.

Guwor also commended the Governor for approving the Consolidated Legislative Salary Structure (CONLESS) and initiating the construction of permanent offices for the Assembly Service Commission.

He assured the Governor of the Assembly’s resolve to undertake a thorough and timely review of the appropriation bill, stressing that the Legislature remains committed to people-centered governance, accountability, and equitable development.

“Your Excellency, I want to assure you that the entire Members of this 8th Assembly are united behind your vision for the transformation of the State.

”While our roles in government are distinct and protected by the Constitution, our objectives remain aligned; delivering the greatest good to the greatest number of the people of the state”, he stated.