Niger Delta
A’Ibom Condemns Exxon Mobil’s Attempt To Sell Shared Assets
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.
News
King Jaja Impacted Beyond Rivers -Deputy Gov
Rivers State Deputy Governor, Professor Ngozi Odu, has poured accolades on late Amayanabo of Opobo, HRM Dandeson Douglas Jaja V, saying his footprints went beyond the State.
Speaking during a condolence visit to the wife of the late king, Prof. Odu said the late monarch contributed meaningfully beyond the shores of Rivers State.
“He contributed not only to Opobo, not only to Rivers State, but to Nigeria as a nation. We all know the various positions he held until his passing. For us as a Commission, we are really going to miss him greatly, especially at this time when his guidance was most needed,” she stressed.
She described the late king as a distinguished traditional ruler whose life and service contributed immensely to the development of Rivers State and Nigeria at large.
The deputy governor, who also serves as Chairman of the Rivers State Boundary Commission, noted that until his demise, King Jaja was an Ex-Officio member of the Commission, representing Rivers South East Senatorial District.
According to her, the late monarch actively participated in several meetings of the Commission and played an important advisory role.
“He actually participated with us in a couple of meetings. It was with great shock that we received the news of his passing. We saw daddy as someone who was very strong, healthy and athletic,” Prof. Odu said.
Prof. Odu explained that the Commission relied heavily on the wisdom of traditional rulers like the late monarch to ensure that its responsibilities were carried out properly and conscientiously.
She assured the family of the Commission’s continued support, saying they will remain close to the family throughout the burial arrangements and beyond.
Addressing the widow, Queen Prudence Dandeson Douglas Jaja, Prof. Odu said the visit was to commiserate with her and encourage her during the period of mourning.
“Please accept our condolences. Please be strong and put your hope in God. The God who watches over widows will never abandon you,” the deputy governor prayed.
“We cannot question God. What has happened has happened. All we can do is to pull ourselves together. That is why we are here to pray that the Holy Spirit will strengthen you, that God will turn your sadness into joy and clothe you with a garment of beauty,” she added.
Responding, Queen Jaja described her late husband as a gentle, humble man who was deeply committed to the progress of Rivers State, and Nigeria at large.
She expressed gratitude to the deputy governor and other members of the Boundary Commission for identifying with the family in their moment of grief.
“We are praying that his soul will rest in perfect peace. I thank you very much for coming to console me at this trying moment. Seeing you here has given me comfort. God bless each and every one of you,” she said.
She also offered prayers for the delegation, wishing them a long life and good health.
Highlight of the visit was the presentation Letter of Condolence from the Rivers State Boundary Commission to Queen Jaja.
Kevin Nengia
Niger Delta
Former Bursar Savours Leadership Merit Award
The former Bursar of Ignatius Ajuru University of Education, Rumuolumeni, Port Harcourt, Dr Davis Ojima, has expressed delight over the Leadership Merit Award recently presented to him by Ohiauga Community in Igburu Clan in Ogba/Egbema/Ndoni Local Government Area of Rivers State, describing it as a befitting crowning moment in his life.
Dr Ojima, who made the remarks while speaking with newsmen shortly after receiving the award, said it was an endearing milestone to be considered by his community for that rare honour, and expressed gratitude to the community for recognising his modest contributions to the development of the area.
The former Bursar, who is still in active public service, noted that the honour done to him came at a time when he least expected it, and thanked God for the rare privilege, as well as providing him the opportunity, the enabling environment and zeal to contribute his quota to the development of the area.
Dr Ojima, therefore, assured the people that he would remain committed to promoting peace, unity and sustainable development initiatives in the community.
Niger Delta
IYC Ex-Mobilization Director Picks Publicity Scribe’s Form … Pledges Diligence
-
News2 days agoNigeria Has Woken Up From Slumber Under Tinubu – Shettima
-
News2 days agoOji Clears Air On Appointment Of 15 Special Advisers By Fubara
-
Featured2 days agoRivers: Impeachment Moves Against Fubara, Deputy Hits Rock …As CJ Declines Setting Up Panel
-
News2 days ago
Nigeria To Begin Exporting Urea In 2028 -NMDPRA
-
City Crime2 days ago
Health Commissioner Extols Fubara’s Commitment To Community Healthcare Delivery
-
Niger Delta2 days ago
Tinubu, Leading Nigeria To Sustainable Future – Okowa … Lauds Oborevwori Over Uromi Junction Flyover Construction
-
News2 days agoEFCC Indicts Banks, Fintechs In N162bn Scams
-
News2 days ago
Situation Room Decries Senate’s Delay On Electoral Act, Demands Immediate Action
