Reps ask FG to halt Shell, TotalEnergies divestment over environmental liabilities – Punch Newspapers



The Area of Representatives has prompt the Federal Govt to droop divestment programs by means of Global Oil Firms, together with Shell and TotalEnergies, till they satisfy their environmental and social responsibilities to host communities within the Niger Delta.

The answer adopted the adoption of a movement of pressing family usefulness moved by means of the Area Minority Chief, Kingsley Chinda, all through Thursday’s plenary consultation.

Eminent the movement, Chinda cited more than one separate stories—together with the ones by means of the United International locations Surrounding Programme  and the Bayelsa Order Oil and Surrounding Fee —which documented the devastating results of oil exploration within the Niger Delta. He highlighted problems similar to

He reminded lawmakers that the Nigerian Upstream Petroleum Regulatory Fee  lately unwelcome Shell’s divestment software, mentioning the corporate’s failure to handle environmental liabilities and issues over the capability of Renaissance Consortium to lead the obtained belongings successfully.

Chinda identified that earlier divestments—together with the sale of belongings in Nembe to Aiteo, ExxonMobil’s transfers, and ENI/AGIP’s sale to Oando—had left host communities grappling with unresolved air pollution, greater environmental humiliation, and heightened social unrest.

He stressed out that the Nigerian govt has a constitutional responsibility to give protection to its voters, specifically the ones within the Niger Delta, who’ve borne the brunt of decades-long environmental wreck led to by means of oil extraction.

“Approving Shell’s or TotalEnergies’ divestment requests without addressing these historical and ongoing liabilities risks undermining Nigeria’s regulatory independence, transferring corporate responsibilities to the state, and setting a dangerous precedent for environmental impunity,” Chinda argued.

The lawmakers warned that permitting IOCs to travel with out duty would additional abase the patch, weaken Nigeria’s regulatory framework, and undermine voters’ accept as true with within the govt.

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