• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 8, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

CSOs Petition Tinubu, Akpabio, Abbas Over Planned IOCs’ Divestment

by James Kwen
6 months ago
in News
Tinubu
Share on WhatsAppShare on FacebookShare on XTelegram

A coalition of Civil Society Organizations (CSOs) has submitted a petition to President Bola Tinubu, Senate President Godswill Akpabio and Speaker Abbas Tajudeen, calling them to immediately halt all divestment of oil assets initiated by international oil companies operating in the Niger Delta region.

Advertisement

Programme coordinator, Social Action Nigeria, Isaac Botti and Founder of Health of Mother Earth Foundation (HOMEF),  Nnimmo Bassey, while briefing parliamentary reporters in Abuja on Thursday, said the petition titled ‘Urgent call to halt all Divestment in the Niger Delta,’ including Shell’s refused sale of SPDC shares was separately sent to Tinubu and presiding officers of the National Assembly.

They expressed grave concerns over the fate of millions of Nigerians impacted negatively by the exploration of crude oil across the oil-producing communities and the environment.

“We are here as representatives of Nigerian society organisations, community leaders, and concerned citizens to address a grave and urgent issue that threatens not only the people of the Niger Delta but the environmental and economic interests of Nigeria and the social future of all Nigerians.

“We are, again, compelled to raise our voices against the ongoing and potentially catastrophic divestment process by International Oil Companies (IOCs) operating in the Niger Delta, particularly Shell’s proposed sale of its remaining shares in Shell Petroleum Development Company (SPDC) to the Renaissance consortium.

RELATED

COAS Celebrates Christmas With Sick, Wounded Soldiers In Kaduna

Insecurity: Army Chief Boosts Morale Of Frontline Troops In Akwa Ibom

13 minutes ago
FCT, Neighbouring States To Experience Thunderstorms, Heavy Rainfalls

FCT, Neighbouring States To Experience Thunderstorms, Heavy Rainfalls

13 minutes ago

“This proposed sale and similar divestment efforts by companies like TotalEnergies would undermine national interests, as we have communicated in the past and as the House of Representatives acknowledged.

“A few days ago, we were alarmed to learn that President Bola Tinubu, under pressure from Shell and their home government, has ordered the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) to approve Shell’s sale of its remaining shares in SPDC to the Renaissance consortium. Despite the NUPRC’s initial rejection of this sale based on legitimate concerns, President Tinubu appears to be moving swiftly toward approving these divestments, bypassing the valid and urgent concerns raised by the National Assembly and the Nigerian people.

“That is why we are calling on the National Assembly to prevail on President Tinubu to respect the people’s voice and halt all further IOC divestment requests until significant matters of national concern are addressed.

“The experiences from past asset sales by Shell, ENI/AGIP, ExxonMobil, and other IOCs have demonstrated a disturbing trend of companies walking away from their environmental responsibilities. In particular, Shell’s divestment of Aiteo in Nembe – this divestment has resulted in unresolved pollution, with no comprehensive plan for addressing the environmental damage caused by years of oil extraction.

“Instead of remediating the pollution, the new operator, Aiteo, has failed to act on the urgent need for cleanup, and the environmental situation has only worsened. In some instances, ExxonMobil’s sale of assets has led to an inadequate transfer of responsibility for remediation to new operators, who were not equipped to manage the contamination left behind.

‘We ask Mr President to ensure that the immediate financial interests of a few multinational corporations and local profiteers do not outweigh the health, future, and survival of millions of Nigerians who have suffered for decades. President Tinubu must safeguard the future of Nigeria, ensuring that all its people, especially those in the Niger Delta, are not sacrificed for the benefit of global capital and a few local profiteers.

“We call on the National Assembly to continue its advocacy for the people of the Niger Delta, ensuring that the financial interests of multinational corporations do not undermine the country’s national interest.

“By halting Shell’s, TotalEnergies’, and any other IOC divestments and demanding accountability, the government will send a powerful message that Nigeria’s sovereignty and the welfare of its citizens are paramount,” the CSOs added.

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Abbas TajudeenBola Ahmed TinubuGodswill Akpabio
SendShareTweetShare
Previous Post

Court Orders Final Forfeiture Of Warehouse, Containers Linked To Emefiele

Next Post

New Apostolic Church Leaders Call For Unity, Love

James Kwen

James Kwen

You May Like

COAS Celebrates Christmas With Sick, Wounded Soldiers In Kaduna
News

Insecurity: Army Chief Boosts Morale Of Frontline Troops In Akwa Ibom

2025/06/08
FCT, Neighbouring States To Experience Thunderstorms, Heavy Rainfalls
News

FCT, Neighbouring States To Experience Thunderstorms, Heavy Rainfalls

2025/06/08
Romanian Cuisine: Fresh, Healthy, Full Of Flavour
Health

Romanian Cuisine: Fresh, Healthy, Full Of Flavour

2025/06/08
Sjogren’s Syndrome: Managing The Hidden Autoimmune Challenge
Health

Sjogren’s Syndrome: Managing The Hidden Autoimmune Challenge

2025/06/08
Khadeejah Wins Big At Campus Invasion
Entertainment

Khadeejah Wins Big At Campus Invasion

2025/06/08
Lassa Fever: Vaccine Produced By Nigerian Shows High Potency –Virologist
Health

Lassa Fever: Vaccine Produced By Nigerian Shows High Potency –Virologist

2025/06/08
Leadership Conference advertisement

LATEST

Insecurity: Army Chief Boosts Morale Of Frontline Troops In Akwa Ibom

FCT, Neighbouring States To Experience Thunderstorms, Heavy Rainfalls

Romanian Cuisine: Fresh, Healthy, Full Of Flavour

Sjogren’s Syndrome: Managing The Hidden Autoimmune Challenge

NSC Announces Election Petitions, Appeals Committees

Khadeejah Wins Big At Campus Invasion

Lassa Fever: Vaccine Produced By Nigerian Shows High Potency –Virologist

Make Music Lagos Marks 10 Years With MI, Drille

Group Advocates Stronger Policies To Mitigate Climate Change

Harnessing Visual Communications To Strengthen Electoral Process

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.