Edo State deputy governor, Hon. Dennis Idahosa on Friday inaugurated three Sienna vehicles and two motor cycles for the use of security personnel in Ovia South West local government as part of effort to strengthen the security architecture of the area.

Idahosa used the occasion to reiterate Sen. Monday Okpebholo-led administration’s commitment to securing lives and properties of the citizenry.

In a statement by his Chief Press Secretary, Mr Friday Aghedo, the deputy governor, commended the
acting Chairman of the council, Hon. Charles Edobor for his foresight at actualizing the vision of the governor to safeguard his people.

Idahosa noted that deployment of the vehicles and motorcycles to patrolling the area by security agencies will enhance the security of lives and properties.

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The deputy governor advised him to always consider the interest and well-being of his people in every project he initiates.

He further said that the council chairman displayed grit and tenacity by making the legislative arm of the council functional and active with the provision of an operational vehicle.

Idahosa said the display of hard work, by Edobor shows resilience at ensuring development, peace and prosperity of Ovia people.

In a related development, the deputy governor carried out the groundbreaking ceremony for the construction of a block of six classrooms at Udo Primary School.

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He praised the council boss for facilitating the construction of the classrooms.

He used the occasion to call for cooperation from the local, state, and federal governments to make life meaningful for the people.

The council chairman, Edobor, commended the leadership of the All Progressives Congress (APC) for their support that led to the execution of these projects.

By Joseph Ebi Kanjo

A coalition of civil society organisations has thrown its weight behind the suit filed by His Royal Majesty, King
Bubaraye Dakolo, Agada IV of Ekpetiama Kingdom, Bayelsa State, against Shell Petroleum Development Company of Nigeria Limited in its divestment bid.

The civil society organisations drumming support for King Dakolo in his suit before Justice Ayo Emmanuel of the Federal High Court, Yenagoa, are: Health of Mother Earth Foundation (HOMEF); Social Action Nigeria; International Working Group on Petroleum Pollution and the Just Transition in the Niger Delta
(IWG); Bayelsa State Non-Governmental Organisations Forum (BANGOF); HEDA Resource Centre; Kebetkache Women Development and Resource Centre, among others.

In the suit marked: FHC/YNG/CS//2025, HRM, King Bubaraye Dakolo, Agada IV of Ekpetiama Kingdom, is the Plaintiff while Shell Petroleum Development Company of Nigeria Limited (SPDC) (1st Defendant); Shell Petroleum N.V.(2nd Defendant); Shell PLC (3rd Defendant); Attorney General of the Federation (4th Defendant); Nigerian Upstream Petroleum Regulatory Commission (NUPRC) (5th Defendant); Minister of Petroleum Resources (6th Defendant) and Renaissance African Energy Limited is the 7th Defendant.

The Plaintiff, through is lawyer, Chuks Ugburu, is seeking a declaration by the honourable court that “the purported sale, assignment, transfer or divestment of the onshore and shallow-water oil and gas assets of the 1st Defendant to the 7th Defendant executed without strict compliance with the mandatory provisions of the Petroleum Industry Act, 2021, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Regulatory Divestment Framework, and without due consultation with and consent from the Plaintiff is unlawful, unconstitutional, null and void.”

The Plaintiff is seeking “A DECLARATION that the failure and refusal of the 1st, 2nd and 3rd Defendants to carry out a comprehensive and participatory Environmental Impact Assessment (EIA), Host Community Development Plan (HCDP), Decommissioning and Abandonment Plan, prior to initiating and concluding the divestment process, is a violation of the Petroleum Industry Act, 2021 and international environmental law.”

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The Plaintiff is also seeking a “A DECLARATION that the 4th, 5th and 6th Defendants have failed in their statutory duties under the Petroleum Industry Act, 2021, including their obligations to regulate and monitor the divestment process, ensure stakeholder consultation and due diligence and safeguard the rights and Interests of host communities like the Plaintiff.”

The Plaintiff is also praying the court to declare “the exclusion of Ekpetiama Kingdom and its leadership from the divestment process amounts to a denial of their right to Free, Prior and Informed Consent (FPIC) under international law and renders the divestment process procedurally and legally defective.”

Also, “A DECLARATION that the continued degradation of the environment, livelihoods and health of the people of Ekpetiama Kingdom, as detailed in the expert findings of the report titled “An Environmental Genocide: Counting the Human and Environmental Cost of Oil in Bayelsa, Nigeria”, is a violation of the constitutional and human rights of the Plaintiff, and the 1st, 2nd and 3rd Defendants are liable for the same.”

“A DECLARATION that the continuous oil spills, gas flaring, and other environmentally harmful activities of the 1st, 2nd, 3rd and 7th Defendants in Ekpetiama Kingdom constitute a violation of the Plaintiff’s constitutional right to a clean, safe and healthy environment.”

The Plaintiff is seeking “A DECLARATION that the 1s, 2nd, 3rd and 7th Defendants are jointly and severally liable for the environmental degradation, economic loss and public health crisis caused in Ekpetiama Kingdom.

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“AN ORDER directing the 1st, 2nd, 3rd and 7th Defendants jointly and severally to immediately embark on comprehensive environmental clean-up, remediation and restoration of all polluted sites within Ekpetiama Kingdom.

“AN ORDER mandating the 1st, 2nd, 3rd and 7th Defendants jointly and severally to establish and fund a Community Environmental Rehabilitation Fund for Ekpetiama Kingdom to the tune of $1,000,000,000.00 (One Billion United States Dollars).”

“AN ORDER directing the 1st, 2nd, 3rd and 7th Defendants to jointly and severally pay to the Plaintiff the sum of $2,000,000,000.00 (Two Billion United States Dollars) as general and exemplary compensation for the losses, pain, and suffering occasioned by the 1 ^ m – 3 ^ m Defendants’ negligent and reckless operations.

“AN ORDER of perpetual injunction restraining the Defendants from continuing operations in Ekpetiama Kingdom without first conducting an independent and transparent environmental impact reassessment.

“AN ORDER nullifying the purported transfer, sale or assignment of oil and gas assets from the 1st Defendant to the 7th Defendant for substantial and material noncompliance with the Petroleum Industry Act, 2021, including failures to comply with mandatory environmental, social, and host community obligations.

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“AN ORDER of perpetual injunction restraining the 1st 2nd and 3rd Defendants, whether by themselves, their agents, privies or assigns, from taking any further steps in furtherance of the said divestment to the 7th Defendant or any other person, unless and until full compliance with the provisions of the Petroleum Industry Act, 2021 is demonstrated and approved through judicial and regulatory processes.

“AN ORDER of perpetual injunction restraining the 7th Defendant from entering, operating, managing, or exercising any rights or obligations over the said divested assets located in or impacting the Ekpetiama Kingdom, until lawful compliance with all applicable statutory and regulatory obligations is ensured.

“AN ORDER directing the 4th, 5th and 6th Defendants to immediately conduct a thorough, independent, and transparent regulatory review of the divestment process, including Environmental and Social Impact Assessments, Financial and technical capacity of the 7th Defendant and Decommissioning liabilities and community obligations.”

“AN ORDER compelling the 1st, 2nd and 3rd Defendants to publicly disclose all agreements, undertakings, financial arrangements and environmental plans relating to the divestment and publish a time-bound plan for remediating environmental harm caused in Ekpetiama Kingdom, with the involvement of the Plaintiff.

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“AN ORDER directing the Defendants to jointly and severally undertake immediate remedial measures in Ekpetiama Kingdom as recommended in the “Environmental Genocide” report, including but not limited to clean-up of polluted water bodies and farmlands, provision of potable water and cultural heritage.”

Joining their voices to the Plaintiff, the civil society organisations called on the Federal High Court to “act decisively,” and “restrain Shell and its partners from finalising any asset sale or
divestment until full compliance with environmental and human rights obligations is demonstrated.”

They also urged the court to “compel regulators like the NUPRC to enforce the Petroleum Industry Act
and protect host communities; affirm the rights of indigenous peoples of the Niger Delta to clean environments, safe livelihoods, and full consultation.”

The Securities and Exchange Commission has issued a new directive prohibiting Chief Executive Officers and Executive Directors from immediately assuming the position of Board Chairman within the same company or group after leaving office.

A mandatory three-year “cool off period” has been introduced before such transitions can take place.

The directive is part of a wider effort to strengthen corporate governance and prevent the concentration of power in public companies and capital market operators deemed to be of significant public interest.

This was disclosed in a circular released by the Commission and signed by the management on Thursday on its website titled “Circular to All Public Companies and Capital Market Operators on the Transmutation of Independent Non-Executive Directors and Tenure of Directors.”

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The SEC expressed concern over what it described as a “worrying trend of the transmutation/conversion of Independent Non-Executive Directors (INEDs) to Executive Directors, including to the position of the Chief Executive Officer.”

It warned that such practices undermine board independence.

The Circular reads,”This practice clearly erodes the neutrality of the transmuting INEDs, compromises their ability going forward to provide objective judgment and is generally antithetical to the principles which underpin independent directorship as outlined in both the National Code of Corporate Governance (NCCG) as well as the SEC Corporate Governance Guidelines (SCGG).”

As a result, the Commission has directed the immediate discontinuance of the conversion of INEDs into Executive Directors within the same company or group structure.

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The new rules also introduce strict tenure limits. Directors in Capital Market Operators considered to be of significant public interest will now be limited to 10 consecutive years in the same company, and 12 years within the same group structure.

“A Chief Executive Officer or Executive Director who steps down after 10 or 12 consecutive years, as the case may be, cannot be appointed as Chairman until the expiration of a 3-year ‘cool off period’.

“The tenure of such former Chief Executive Officer and Executive Director as Chairman shall be for a maximum of 4 years and no more.”

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The SEC said these changes are backed by its powers under Section 355(r)(iv) of the Investments and Securities Act (ISA) 2025, which authorises it to set governance standards for regulated entities.

“The foregoing directives take immediate effect and compliance is mandatory. Public Companies and Capital Market Operators are therefore required to take the directives into account in their board appointments and succession planning,” the statement added.

The Commission also clarified that years already served by current officeholders will count toward the newly established tenure caps.