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N’Delta Stakeholders Condemn IOCs’ Stance On Onshore Divestment
Critical stakeholders in the Niger Delta have condemned the reasons advanced by International Oil Companies (IOCs) divesting from onshore assets in preference for offshore fields.
They said that the divestment was contrary to the energy transition advocacy to renewable energy sources, and ploy to evade development obligations and responsibility for polluting the region.
They urged the Federal Government to compel IOCs operating in the region to honour the Memorandum of Understandings (MoU), Global Memorandum of Understandings (GMoUs), and other agreements entered with communities.
These were contained in a communique issued, last Monday, after a one-day “Community Dialogue on Unmasking the Motives of IOCs Divestment in the Niger Delta”.
The forum was facilitated by the Environmental Rights Action Friends of the Earth Nigeria, ERA/FoEN, held in Yenagoa, Bayelsa State.
They argued that while global divestment advocacy was driven by the quest for cleaner energy sources, the same cannot be said of IOCs who are merely abandoning polluted sites to deep sea fields to escape scrutiny on the operations.
According to the stakeholders, the call became imperative following the divestment by the IOCs who have abdicated their social obligations to their host communities spelt out in the MoU and GMoU.
Oil community leaders, youth and women leaders, academia, environmental and rights activists and the media participated in the forum.
They held that “there is a need for a better understanding and deepened community engagements on the global environmental justice and community definitions of investments vis-a-vis the model of the IOCs in the Niger Delta.”
They observed that community people of all classes have suffered exclusion in the divestment process, noting that the divestment process has largely weakened local struggles for environmental justice, divide communities.
The stakeholders noted that there was the need to integrate the communities to make them the central focus of the ongoing divestment process.
“There is complicit silence by the Nigerian state and the regulatory agencies as IOCs dictate the terms of divestment.
“The decision making on the divestment process and other matters relevant to the local communities in the Niger Delta and the IOCs and Nigerians government have excluded the communities.
“There is the need for the IOCs to decommission their toxic assets and carry out remedial actions monitored by independent bodies and civil societies in the communities.
“Need for de-militarisation of the Niger Delta communities that are legitimately agitating for a safe environment for their development.
“The oil and gas companies in Nigeria should be held liable for nearly six decades of ecocide in the Niger Delta as precursor to remedial actions and compensation.
“Divesting abandoned toxic assets and complex problematic relationships with communities that the Domestic Oil Companies (DOCs) have inherited and continued to perpetrate.
“DOCs have inherited and continued the tradition of impunity and lack of accountability to local communities”, the communique read in part.
In his remark, the Executive Director of ERA/FoEN, Chima Williams, said the it was a fact that divestment has become a major issue as the oil majors abandon their toxic onshore facilities and go offshore where they evade monitoring.
He explained that the exclusion of communities and community concerns in the divestment discourse motivated ERA/FoEN to facilitate the dialogue.
Vice Chancellor, Federal University Otuoke, Bayelsa State,Prof Teddy Adias; and Sociology lecturer at University of Port Harcourt, Rivers State,Prof SofiriJoab-Peterside, shared their perspectives on divestment to lay foundations for the dialogue.
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Victory Over Insurgency Certain, Tinubu Assures
President Bola Tinubu has expressed confidence that the country would win the fight against insecurity.
The President gave the assurance at the Argungu International Fishing Festival in Argungu town, Kebbi State, on Saturday.
He noted that the relative peace currently being enjoyed in Kebbi and neighbouring states was the result of sustained investments in security intelligence, coordination among security agencies, and community engagement.
Tinubu assured farmers and fishermen of sustained federal support to guarantee food security and safety across the country.
“The peace we are witnessing today is not accidental. It is the outcome of deliberate and sustained efforts. I assure you that the fight against banditry, insurgency, and insecurity will be won.
“Our farmers, fishermen, traders, and families will go about their lawful activities without fear,” he assured.
The President commended the organisers of the festival for sustaining the cultural event for decades, noting that it had endured for 83 years despite social and security challenges.
Describing the Argungu festival as a powerful symbol of unity, resilience, and peaceful coexistence, Tinubu stated that it reflects the richness of the country’s culture and the opportunities to harness its natural and human resources for national growth.
He said, “Today, this festival stands as a powerful symbol of unity, resilience, and peaceful coexistence among our people.
“It reflects the richness of our culture, the strength of our traditions, and the opportunities inherent in harnessing our natural and human resources for national development.”
The President was received by a large crowd of residents, traditional rulers, fishermen, tourists, and government officials from across the country.
The President reaffirmed his administration’s commitment to youth and women empowerment, irrigation development, rural electrification, and agricultural productivity.
Earlier, the Kebbi State Governor, Nasir Idris, said his administration was determined to elevate the Argungu Fishing Festival to full international standards while pursuing aggressive development across critical sectors of the state.
News
US Embassy, Lagos Consulate Close Today For President’s Day
The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.
The mission made this known in a notice shared on its official X page, yesterday.
“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.
According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.
The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.
In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.
Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.
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Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role
United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.
Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.
The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.
Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.
“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.
The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.
Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.
The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.
In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.
“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.
Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.
He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.
Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.
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