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Niger Delta

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

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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.

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Niger Delta

Publisher Hails Diri On Security, Peace

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The Publisher and Editor-In-Chief of a Yenagoa-based tabloid, Niger Delta Herald, Mr. Francis Dufugha, has commended the Bayelsa State Governor, Senator Douye Diri, for the relative peace in the State.
Dufugha, however, expressed resentment over what he described as stringent measures against assessing the State’s Students Loan Scheme, especially for the common citizens.
He made the observations while briefing journalists at the Earliest Ikoli Press Centre, Ekeki, in Yenagoa, the State capital.
“I commend the Governor for the relative peace in the state owing to his approach to the security of lives and properties in the State.
“For now, the police in Bayelsa State is using drones to monitor red flag areas that can cause security breaches and that has really encouraged the peace in the State.
“The security situation has improved and we commend the government for that. We cannot deny the fact that there is relative peace in the State”, he said.
On the State’s students loan, the publisher accused the scheme of having elitist posture due to its accessibility process.
He argued that it would be difficult for the ordinary Bayelsan to provide a Level-17 civil servant as guarantor to be able to benefit from the scheme, describing it as a systemic denial of the less privileged.
He noted that the loan was supposed to be a succour to indigent Bayelsa parents and students who could not assess education easily, noting that such persons should not be made to face cumbersome situations before assessing the financial instrument.
On road infrastructure, the Niger Delta Herald Publisher and Editor-in-chief praised the Diri’s administration on the work done on the three senatorial district roads and tasked the government to do more.
Dufugha, who described Bayelsa State as a wealthy State, asserted that the oil rich state needed to see more developmental strides comparative to its current financial status.
“Bayelsa is not a poor state in terms of public revenue. We’re an oil producing state. We receive federal allocations. We receive derivation revenue. We have access to enormous public resources.
“We receive interventions. Yet, after all these years, the ordinary citizen is still asking, what exactly are we getting for our money? Where are the industries? Where are the jobs? Where are the functional health institutions? Where is the agricultural transformation? Where is the human capital development? Where is the economic diversification?,” he argued.
He enjoined the government to redouble effort in the education and health subsectors, adding that it would pay the state a lot if there were centres for the treatment of critical health cases such as cancer and others in order to save lives and avoid capital flight.
The Publisher urged the Senator Diri-led government and the public not to misunderstand his message as hatred or personal issues with the Governor, but see it as a constitutional and professional duty to hold government accountable.

By: Ariwera Ibibo-Howells, Yenagoa

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Niger Delta

Bayelsa Recommits To Fight Against Graft

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The Bayelsa State Government has stated its stance on zero tolerance for corruption in governance and cautioned residents against writing frivolous petitions to anti-graft agencies.
Deputy Governor of the State, Dr. Peter Akpe, stated this rexently when he received the Resident Anti-Corruption Commissioner of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) in ernment House, Yenagoa.

charge of Bayelsa and Rivers States, during a courtesy visit to Government House, Yenagoa.
Akpe said the general perception of those in politics has always been that of corruption, but noted that the position of the Douye Diri-led Prosperity Administration is non-tolerance for corruption.
Akpe, who frowned at the habit of writing unfounded petitions against individuals and groups, said the heap of petition files from Bayelsa State at the ICPC was several times higher than that from any other state in the country.
He reminded residents that writing unjustifiable petitions to anti-graft agencies is not only a bad culture, but also attracts jail penalty, and assured the ICPC of the state government’s support to improve public enlightenment.
“Our government is a government that believes in zero tolerance for corruption; that is why we are always open to interact with you and other anti-graft agencies.
“Usually, there is this issue of negative perception of politics and politicians. But it is not true that every politician is corrupt. We have a good number of people in politics that are not corrupt, and we believe that a good percentage of them are in this government.
“The issue of petitions at the ICPC: What we observed was that the heap of files from Bayelsa were 10 times higher than the ones from even Lagos, and 15 more times than the ones from Sokoto and other states.
“That is quite disturbing. More so, most of those petitions were ion, our people should also know that such frivolous petitions can land them in jail”, he saidfrivolous.

From a personal experience, I can tell you that most of the petitions are extremely frivolous. While we will never tolerate corruption, our people should also know that such frivolous petitions can land them in jail”, he said.
Earlier in her remarks, the ICPC Resident Anti-Corruption Commissioner in charge of Rivers and Bayelsa States, Dr. Ekere Usiere, highlighted the statutory mandate of the ICPC, stressing that its mission was to carry out sensitisation on the ills of corruption in the Nigerian society.

Usiere, who expressed concern at the volume of petitions currently before the ICPC emanating from communities in Bayelsa over the management of the PIA funds, expressed the commission’s desire to partner the Bayelsa State Ministry of Information to carry out sensitisation programmes.
The ICPC Resident Anti-Corruption Commissioner was accompanied on the visit by Assistant Chief Superintendent, Mr. Evans Peters; Principal Superintendent, Mr. Emmanuel Akpor; Assistant Superintendent, Mrs. Tamaraudoubra Ebebi; and the Administrative Officer, Mr. Frank Yileaziba.

By: Ariwera Ibibo-Howells, Yenagoa

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Niger Delta

NDDC Urges Staff To Secure Retirement Future Through Pension Planning

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The Niger Delta Development Commission (NDDC) has urged its staff to take retirement planning seriously by maximising pension schemes and other financial instruments that can guarantee financial security after their years of active service.
The Director of Administration and Human Resources, Sir Kelechi Nwelue, gave the advice during a commission-wide staff interactive session with Pension Fund Administrators (PFAs) and insurance companies at the NDDC headquarters in Port Harcourt, Rivers State.
In a statement signed and issued by Seledi Thompson-Wakama
Director, Corporate Affairs, Nwelue said the programme, approved by the Managing Director of the commission, Dr. Samuel Ogbuku, was organised to sensitise staff on pension schemes and provide them with the knowledge required to make informed decisions about their retirement savings.
He particularly urged newly recruited employees to acquaint themselves with the operations and responsibilities of various PFAs before choosing an administrator to manage their pension contributions.
According to him, pension contributions deducted from employees’ salaries, alongside employers’ contributions, constitute long-term savings designed to provide financial support after retirement.
He urged staff to carefully assess the information provided by the participating pension administrators and choose the option best suited to their long-term financial interests.
Nwelue stressed that employees were at liberty to select their preferred pension administrator, noting that the interactive session provided an opportunity for the various companies to explain their products, services and benefits.
Also speaking, a Director in the Directorate of Administration and Human Resources, Mr. James Fole, said the programme was aimed at deepening employees’ understanding of pension, insurance and other financial instruments that could improve their financial wellbeing during and after active service.
Fole warned that inadequate preparation for retirement could expose employees to financial hardship in their post-service years.
He said: “That is not what the Managing Director, Executive Management and the entire management want for our staff. We want to see a situation where retirees enjoy a reasonable level of comfort, knowing that the Commission has contributed to their future.”
He added that equipping employees with appropriate financial knowledge while they were still in active service remained critical to achieving a financially secure retirement.
Several pension and insurance companies participated in the interactive session.

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