National
Niger-Delta Based Women Group Rejects Plan To Sell Shell’s Onshore Assets
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By Emmanuel Bagudu
A group of women in the Niger-Delta led by a civil society organization; the Kebetkache Women Development & Resource Centre, have opposed the ongoing plan by multinational oil giant, Shell Petroleum Development Company (SPDC) Limited to sell its on-shore assets to Renaissance Africa Energy.
In a press statement made available to elanzanews.ng on Thursday, the women expressed their displeasure saying it is an “Irresponsible Divestment”. The statement reads;
“The Kebetkache Women Development & Resource Centre and their allied community-based women organizations express profound dismay at the announcement by Shell to sell off their on-shore assets to investors without conducting necessary consultations with communities that have endured decades of environmental destruction from their operations. It has come to our attention that plans are ongoing by Shell PLC to sell their shares in Shell Petroleum Development Company (SPDC) to a consortium of investors, Renaissance Africa Energy. OML 34 had already been divested to ND Western; OML 17 and OML 29 have been divested without proper guidelines. Additionally, Nigeria Agip Oil Company (NAOC), Exxon Mobil Nigeria Limited, and Total Energy Nigeria Limited, are poised to divest all their onshore assets without engaging host communities and rectifying the damages done to the environment and the well-being of peoples. They are attempting to evade responsibility!
As affected women in the Niger Delta, we are deeply concerned about the swift nature of these divestment plans, as the government has not provided guidelines to ensure the resolution of pollution issues before SPDC, AGIP, and Total Energies depart. The corporations involved have failed to establish women development funds to support those who have borne the consequences of their oil extraction activities.
In the Niger Delta, women bear the brunt of oil exploitation, facing deprivations due to environmental degradation. They play vital roles in securing the family’s subsistence income through agricultural activities, processing farm produce, and engaging in trade. The ecological degradation caused by oil extraction forces women to navigate polluted swamps for their economic activities, leading to a decline in crop yields and increased poverty.
We, the women, are in the dark regarding the reputations of the new companies acquiring the assets of Shell, AGIP, and Exxon Mobil. We implore the government, whom we hold in high esteem, not to approve the divestment plans until polluted farmlands are cleaned up and restored by these companies. Gas flares persist in Ebocha, Ibeno, Umuechem, and other areas, with communities like Otuabagi still grappling with the impacts of oil extraction. Farming, fishing, and hunting have been severely affected, leading to health problems among women exposed to hydrocarbons.
This divestment is not in the interest of the community people, and we condemn the attempt by International Oil Corporations to shirk responsibility under the guise of selling assets. We call on the President of the Federal Republic of Nigeria to ensure NO DIVESTMENT WITHOUT ECOSYSTEM RESTORATION!
The government must mandate companies divesting their oil assets to commit to cleaning all polluted sites in the Niger Delta and restoring lost livelihood opportunities. We vehemently reject IRRESPONSIBLE DIVESTMENT and demand that the Rivers State Governor obtains a court injunction to halt the sale of any assets related to this matter.
By Our Reporter
The Chairman, Tantita Security Services Nigeria Limited TSSNL has thrown his weight behind the re-election of President Bola Ahmed Tinubu come 2027.
The High Chief Government Oweizide Ekpemukpolo Tompolo, ibe Ebidouwei of Ijaw nation and Chairman , Tantita Security Services Nigeria Limited TSSNL has also described the ascension of President Bola Ahmed Tinubu to the leadership of Nigeria as divine, timely and desiring , who is driving the country’s success under unusual situations.
While further describing President Tinubu as a special breed of personalities who thrives in governance were others blatantly fail, as well as an enigma’ who fits this special breed of men with such great placement.
This was contained in a statement issued and signed by the High Chief Government Oweizide Ekpemukpolo Tompolo on Saturday to mark the 73 birthday commemoration of Nigeria’s President, Bola Ahmed Tinubu held on Friday tagged
“EYIN LOKAN L’EEKAN SI (IT’S YOUR TURN FOR ANOTHER 4 YEARS!) ,” he referred to the unusual movement and trajectory achievements in all area of Nigeria’s political development .
Chief Government Oweizide Ekpemukpolo further said over the years , President Bola Ahmed Tinubu had built bridges and laid foundations of friendship tirelessly, made personal sacrifices and endurances.
With determination to achieve great success, you were not weighed down , waned or broken for a moment in your zeal to achieve greater society.
He used the opportunity to extend the gratitude of Tantita Security Services Nigeria Limited to Nigeria’s President on his special day , particularly in curbing the country’s crude oil theft and increasing daily production from a low ebb of 600,000 barrels per day to 1.8M barrels in recent times .
He listed the achievements of President Bola Ahmed Tinubu just two years in the office which included doubling Nigeria’s aggregate revenue to 9.1 trillion, reduction in revenue on debt servicing from 97% to 68% and payment of $5M in outstanding foreign exchange obligations.
The resurgence of oil and gas sector , creation of Compressed Natural Gas CNG, initiative ,establishment of Students Loan Fund and processing of over 45 Billion students loan among many others.
He lauded President Bola Ahmed Tinubu for the creation of 400,000 jobs , through MSME’s and thr realization of the Nigeria Maritime University Okerenkoko, Wari, Delta state , including the payment of minimum wage to workers across board.
He promised to support his re-election bid come 2027, saluting him on the special day with a God- given talent in human capital development.
The release further reads…
Dear Asiwaju
EYIN LOKAN L’EEKAN SI (IT’S YOUR TURN FOR ANOTHER 4 YEARS!) .
“Every generation creates for itself, a special breed of personalities.”
“For such enigmas, they strive better, or more still, their endeavours thrive more seamlessly under unusual circumstances. ”
“Most often, they thread on paths most dreaded, and they succeed where others fail. ”
“Mr. President, you undoubtedly fit into this special breed of men with such great placement.”
“On this very memorable moment of your birthday today, we reflect on the unique trajectory of your politics and leadership.”
“Over the decades, you dedicated a greater part of your youthful life, building bridges of friendship just as you tirelessly laid foundations.”
“In all these, you made personal sacrifices and endured challenges.”
“Your focus neither waned for a moment nor capitulated to the vagaries of all sorts as you kept faith with destiny armed with your incurable quest and determination for a just and better society.”
“Mr. President, your life and leadership have been a true source of inspiration.”
“To us in TANTITA SECURITY SERVICES NIGERIA LIMITED (TSSNL), you stand out as the most innovative figure in the history of our great nation’s political evolution. I want to specially thank you for your support and encouragement in the war against crude oil theft and pipeline vandalism, which ultimately culminated in the increase in the nation’s crude oil production from abysmal 600,000ppd to about 1.8mbpd. Sir, we count on your continuous intervention.”
“Although this is an occasion to felicitate with you and your family on your 73rd birthday, this open letter would not be complete without my listing some of your outstanding achievements that have silenced your detractors and changed the landscape of our beloved country for good:”
“• Doubling the aggregate revenues to over N9.1 trillion.”
“• Reduction in the revenue spent on debt service from 97% to 68%.”
“• Clearing $5 billion in outstanding foreign exchange obligations.”
“• Resurgence of the oil and gas sector.”
“• Creation of the Compressed Natural Gas (CNG) Initiative”
“• Establishment of the Students Loan Fund.”
“• Processing of N45.6 billion for students’ payment.”
“• Distribution of fertilisers and initiating a project to cultivate 10 million hectares of land.”
“*Transformation of the solid minerals to unlock $700 billion mining fortune.”
“*Monumental changes brought to the structure of refining and pricing in the petroleum sector by the removal of subsidy, as well as a more unified forex management system.”
” *Lagos-Calabar Coastal Highway and the Sokoto-Badagry Highway.”
” *Tax Administration Bills recently passed into Law by the National Assembly.”
“*The National Minimum Wage Act.”
*Creation of over 400,000 jobs through Micro, Small, and Medium Enterprises.
“*More important to us, the signing of the Bill establishing the Nigeria Maritime University (NMU), Okerenkoko, Warri South West LGA, Delta State, into law.”
“And of these extra-ordinary records in 2 years!”
“On this special day, we salute your efforts and unfading commitment to nation building.”
“As you continue to deploy your God-given talents in human capital development, we pray that Almighty God grants you long life, strength, and wisdom to steer this nation to greater heights. ”
“Looking ahead, we are aware that another political outing is on the horizon. We will join other progressive-minded leaders and the good people of the Niger Delta and beyond to preach your gospel of continuity beyond 2027. ”
“As you mark 73 years today, we pray that God will grant you the grace and robust health to end your first term in an even more remarkable note of success. ”
” 2027? We are backing you solidly for your second term. Nothing can change our support, Sir!”
“It’s our prayer that God will keep you in robust health to complete your first term, well and strong and you go for second term without hitch, Insha Allah.”
“Truly, Eyin L’okan L’eekan si (It’s your turn again), Sir.”
“Once again, Happy birthday, Asiwaju Bola Ahmed Tinubu, GCFR, Nigeria’s beacon of hope.”
SIGNED:
HIGH CHIEF GOVERNMENT OWEIZIDE EKPEMUPOLO IBE-EBIDOUWEI OF IJAW NATION & CHAIRMAN, TANTITA SECURITY SERVICES NIGERIA LIMITED (TSSNL).
National
NESG Advises Federal Government to Maintain 2.2mbpd Crude Oil Production for 2025 Budget Viability
Dr. Tayo Aduloju, the Chief Executive Officer of the Nigeria Economic Summit Group (NESG), has recommended that the Federal Government sustain crude oil production at a level of 2.2 million barrels per day (bpd) to ensure the feasibility of the 2025 budget.
During a media engagement in Abuja, where NESG presented its strategic vision for 2025 along with a macroeconomic outlook for the private sector, Aduloju emphasized the importance of maintaining this production level amidst historical fluctuations in Nigeria’s crude oil output. He highlighted three significant production benchmarks: 1.1 million bpd, 2.2 million bpd, and 2.8 million bpd, and their respective impacts on the national economy.
Aduloju remarked that achieving a production level of 2.2 million bpd is a realistic target, stating, “Reaching 2.2 million bpd, regardless of crude oil prices, is essential for a viable budget.” He noted that the government had successfully increased production from 1.1 million bpd to 2.2 million bpd and even to 2.8 million bpd, demonstrating that incremental growth in daily oil production is achievable.
Unveiling “The Arc of the Possible,” NESG’s strategic framework aimed at fostering Nigeria’s economic development, Aduloju reiterated that targeting 2.2 million bpd is realistic and within reach. This strategy emphasizes actionable solutions that promote growth and prosperity across key sectors in the short to medium term.
Achieving this production target, he explained, would positively influence the economy by stabilizing the foreign exchange market and increasing foreign earnings. This would also enhance government initiatives on deregulation, liberalization of the downstream sector, and effective regulatory governance.
However, Aduloju stressed the necessity of political stability for sustaining production levels. He called for immediate action to restore stability in Rivers State and continued funding for government security enhancement plans due to their critical role in national oil production and overall economic health.
He stated, “Effective implementation of stabilization reforms could potentially accelerate Nigeria’s Gross Domestic Product (GDP) growth to 5.5 percent by 2025.”
The NESG report, titled “Stabilisation in Transition: Rethinking Reform Strategies for 2025 and Beyond,” acknowledges the government’s efforts in addressing cross-sector challenges. It highlights the expected positive impacts of improved electricity supply and fuel availability, which are anticipated to reduce business disruptions, particularly for Nano, Micro, Small, and Medium Enterprises (NMSMEs), thereby enhancing productivity and economic performance.
Improved foreign exchange availability is expected to support operations in the manufacturing sector, which relies heavily on imported raw materials and intermediate inputs. In agriculture, addressing issues related to financing, storage, warehousing, and logistics will enhance sector performance.
Aduloju emphasized that the oil and gas sector remains vital for economic growth, contributing significantly to foreign exchange inflows, external balance resilience, and government revenue. He projected that the manufacturing sector would benefit from stabilization policies aimed at addressing power supply challenges and lowering input costs.
The NESG report forecasts a decline in inflation to 24.7 percent under optimal stabilization efforts, signaling improvement in the country’s macroeconomic stability. Effective coordination of fiscal and monetary policies is identified as crucial for achieving the anticipated reduction in inflation.
Aduloju noted that a relatively stable foreign exchange market, bolstered by increased supply and diminished speculative demand, will be key in curbing inflation. He highlighted that enhanced productivity across critical sectors, especially agriculture, is expected to significantly alleviate inflationary pressures in 2025.
“Increased agricultural output will enhance food supply, mitigate scarcity, and ease food price inflation, a major contributor to overall inflation in the country. Moreover, improved security in food-producing regions will facilitate better access to farmlands and supply chains, further stabilizing food prices,” he concluded.
A courtroom drama unfolded at the Federal High Court in Abuja as Justice Ekwo openly dismissed the legitimacy of Barrister Pius Sunday Okeoma, who was representing the petitioner in the case involving former Minister of Special Duties, Kabir Tanimu Turaki, SAN.
During a court session, Justice Ekwo declared that Okeoma had no recognised standing in the case, as he had neither filed an appearance nor signed any documents related to the proceedings.
The judge’s remarks followed Okeoma’s previous attempt on 24 March to have the case transferred from its initial court, citing a lack of confidence in the judiciary.
On 28 March, Justice Ekwo firmly addressed Okeoma, stating, “As far as I am concerned, we do not know you in this court, and you have never appeared or filed any case here. This makes it illegal for you to be present.”
The judge subsequently referred the lawyer to the Legal Practitioners Disciplinary Committee for further action.
The case has drawn significant public attention, particularly from the Arewa Renaissance Group, which has raised concerns about the investigation’s integrity.
The group alleged possible collusion between investigating police officers and the petitioner, questioning the rapid pace at which the case was handled and the apparent lack of a fair hearing.
In a further twist, the father of the petitioner, Hadiza, publicly disowned Okeoma’s involvement, stating that his signature had been used in legal filings without his consent. He has since demanded that the lawyer withdraw from the case.
The Arewa Renaissance Group, through its coordinator, Usman Abba, has urged the Inspector General of Police to take decisive action.
The group has called for the immediate removal of the Deputy Commissioner of Police (DCP) in charge of the gender unit at the Force Criminal Investigation Department, citing poor investigative procedures, conspiracy, and defiance of an earlier directive from the IGP.
The directive had instructed that the case be transferred to the Department of Force Intelligence, a move that was allegedly ignored.
The unfolding controversy continues to generate debate over the handling of high-profile cases and the transparency of Nigeria’s judicial process.