Connect with us

Headline

Group Gives Seplat 90 Days Ultimatum To Relocate Gas Loading Point To Oben

Published

on

A group on the platform of Concerned Youths for Development and Equity Initiative for Oben, in Orhionmwon Local Government Area of Edo State, on Wednesday gave the management of Seplat Energy Plc, 90 days ultimatum to rescind it decision of siting gas loading point in Mosoga, Delta State against Oben, the host communities.

Addressing newsmen, the Assistant Secretary of the group, Comrade Raymond Omokaro, alleged that the said oil firm has decided to setup loading point in Mosogar.

He said it is unheard of that a company would be carrying out its activities in a particular community while the end part that would be of an immense benefit to its host community would be diverted elsewhere.

Advertisement

“We are still asking that the gas loading point that Seplat is taking to Mosogar, should be returned, you cannot be exploring gas in Oben and then take the loading point to Mosoga, we will not allow that.

“They should come and build the loading point in Oben, and if the road is the problem, they can as well do a dua carriage way for us. We are tired of having a resources and the resources are not working for us”, he said.

Omokaro also alleged that the multinational firm has constantly marginalized its host communities in various ways and such should be addressed in the interest of all.

Advertisement

“It is very unfortunate to see that since they have been operating in our land, they have not done any project that is meaningful. We have graduates in this environ that are not gainfully employed by this company.

“You have gone through the four communities (Oben, Iguelaba, Ikobi, and Obozogbenugu), there is no constant electricity, the health facilities that we have here is like a maternity. We have asked them to upgrade it to a standard hospital.

READ ALSO: E-valuation Policy: Reps Clash Over Warrant Of Arrest On Emefiele

Advertisement

“We are requesting that they should give the host communities employment into the managerial cadre, we are also asking that before now, they used to give scholarships scheme to our people but for quite a number of years now, we have not been seeing that, they should enact it and start giving scholarships to our people”, he said.

Corroborating the Assistant Secretary of the group, the president of the group, Comrade Humprey Igbinigie, alleged that the oil firm have failed to employ graduate from the community and empowered the rural women.

“This oil company has been existing since 1972. We have about 68 oil well heads, and a gas oil field as well.

Advertisement

“We have a flow station, we have a compression station, we have a gas plant as well. We are really lacking a lot in terms of development, is as if nothing is happening, no graduate has been employed, a lot of graduate sitting at home, no women empowerment, the elderly ones are not being paid, no amnesty, if you take a look at our roofs, you will notice that this gas flaring is affecting us badly.

“And Seplat don’t have a plan for this in the next year. So, we are calling on the state government, the federal government to come to our aid and sit Seplat down and tell us what are their plans and what they want to do for us”, he said.

However, a call to get the management’s comments on the issues raised was left unanswered.

Advertisement

Headline

Why Europe Is Blocking More Nigerian Goods At Its Borders

Published

on

Nigeria’s exports continue to face repeated rejection in European Union markets, a challenge caused by consistent quality failures, weak regulatory enforcement, and heavy dependence on raw commodities.

New trade figures further show that while export values expressed in naira have risen sharply, dollar earnings have continued to decline, undermining Nigeria’s competitiveness abroad.

Meanwhile, South Africa remains one of the African countries with the highest rate of export acceptance in Nigeria and the EU, highlighting the gaps between both economies’ standards and certification systems.

Advertisement

According to data from International Trade Centre (ITC) , Nigeria’s export earnings fell for a second consecutive year in 2024, dropping by 8.5% to $57.9 billion.

The figure had already declined from $63.3 billion in 2022 to $60.65 billion in 2023. In naira terms, however, total exports rose from ₦26.8 trillion in 2022 to ₦36 trillion in 2023 and surged to ₦77.4 trillion in 2024.

These increases reflect the naira’s steep depreciation, not an improvement in the volume or acceptance of Nigerian goods overseas.

Advertisement

Intelpoint data show that the naira weakened from ₦645.2 to the dollar at the end of 2023 to ₦1,478.9 in 2024, marking the sharpest yearly decline in a decade.

READ ALSO:US To Cut Military Aid To European Countries Near Russia — Official

EU border agencies have repeatedly rejected Nigerian agricultural and manufactured goods for failing to meet essential sanitary and phytosanitary requirements.

Advertisement

Frequent violations include excessive pesticide residue, poor traceability, contamination detected during inspection, and inconsistencies in certification documentation issued in Nigeria.

These failures stem largely from fragmented supply chains, weak monitoring capacity and a lack of internationally accredited laboratories.

South Africa, Morocco and Kenya maintain far stronger conformity systems, and South Africa in particular consistently delivers some of the highest acceptance rates across EU ports.

Advertisement

The ITC figures show that oil remains the backbone of Nigeria’s exports, contributing nearly 90 per cent of total earnings between 2022 and 2024. Over that period, the country earned $163.2 billion from crude oil out of total export revenues of $181.8 billion.

Despite this dominance, oil earnings have continued to fall, declining from $57.4 billion in 2022 to $55.6 billion in 2023 and then to $50.3 billion in 2024.

Because crude prices are determined externally and the product is exported with limited value addition, Nigeria gains little competitive advantage from currency depreciation.

Advertisement

READ ALSO:US To Cut Military Aid To European Countries Near Russia — Official

Non-oil exports recorded mixed fortunes. Cocoa earnings rose from $679 million in 2022 to $759 million in 2023 and climbed sharply to $2.6 billion in 2024.

Fertiliser exports fell from $1.9 billion in 2022 to $935.4 million in 2024. Ores and residues, however, increased from $158.6 million in 2023 to $824.4 million in 2024.

Advertisement

Despite positive growth in some sectors, quality problems have continued to undermine acceptance in Europe, particularly for foods such as beans, palm oil and processed crops.

Nigeria recorded stronger performance in African markets in 2024 due to the relative strength of the West African CFA franc.

Companies such as Unilever Nigeria, Cadbury Nigeria and Guinness Nigeria reported export sales of ₦22.8 billion in 2024, up from ₦9.92 billion in the preceding year. EU markets, however, maintain stricter inspection standards, and Nigeria’s structural weaknesses continue to limit penetration.

Advertisement

The country’s export structure remains heavily constrained by outdated processing technology, weak inspection capacity, irregular regulatory monitoring, and an overreliance on raw commodities.

READ ALSO:Putin Says Russia Ready For War, Blames Europe For Sabotaging Peace

Also, pipeline vandalism and crude theft also prevent Nigeria from meeting its production benchmark of 1.7 million barrels per day, despite a rise to 1.5 million barrels per day in 2024.

Advertisement

In December 2023, the Federal Government introduced the Trade Policy of Nigeria (2023–2027), aimed at aligning export regulations with World Trade Organisation rules and boosting global competitiveness.

The policy forms part of a wider reform agenda tied to the Medium-Term National Development Plan (2021–2025) and Agenda 2050.

Despite these initiatives, limited investment in quality assurance, industrial processing and standards enforcement continues to weaken Nigeria’s acceptance in high-value markets such as the EU.

Advertisement
Continue Reading

Headline

US Imposes Visa Restrictions On Nigerians Linked To Religious Freedom Violations

Published

on

The United States government on Wednesday announced visa restrictions targeting individuals involved in violations of religious freedom in Nigeria. The measures may also extend to immediate family members of the affected persons.

In a statement titled “Combating Egregious Anti-Christian Violence in Nigeria and Globally”, the Department of State said the restrictions were being implemented in response to mass killings and attacks on Christians by radical Islamic terrorists, Fulani militias, and other violent actors in Nigeria and elsewhere.

The statement explained that under Section 212(a)(3)(C) of the Immigration and Nationality Act, the State Department would now have the authority to deny visas to those who have “directed, authorised, significantly supported, participated in, or carried out violations of religious freedom,” with the policy potentially extending to their immediate family members.

Advertisement

READ ALSO:US Visa Adjudication Sparks Concerns Over Diplomatic Relations

It further cited former President Donald Trump’s remarks, noting that the United States “cannot stand by while such atrocities are happening in Nigeria, and numerous other countries.” The policy will apply to Nigeria and other governments or individuals implicated in violations of religious freedom.

The announcement follows growing international concern over attacks on religious communities in Nigeria, including targeted killings, abductions, and destruction of property attributed to armed groups.

Advertisement
Continue Reading

Headline

Putin Says Russia Ready For War, Blames Europe For Sabotaging Peace

Published

on

Russian President Vladimir Putin said on Tuesday that Russia was “ready” for war if Europe seeks one, accusing the continent’s leaders of trying to sabotage a deal on the Ukraine conflict before he met with US envoys.

The comments came as US envoy Steve Witkoff and President Donald Trump’s son-in-law Jared Kushner were in Moscow for high-stakes talks on ending the nearly four-year war, which were preceded by days of intense diplomacy.

We are not planning to go to war with Europe, but if Europe wants to and starts, we are ready right now,” Putin told reporters in Moscow.

Advertisement

READ ALSO:Trump Blasts Ukraine For ‘Zero Gratitude’ Amid Talks To Halt War

“They have no peaceful agenda, they are on the side of war,” he added, repeating his claim that European leaders were hindering US attempts to broker peace in Ukraine.

He added that European changes to Trump’s latest plan to end the war “aimed solely at one thing — to completely block the entire peace process and put forward demands that are absolutely unacceptable for Russia”.

Advertisement

Washington has presented a 28-point draft to end the conflict, later amended after criticism from Kyiv and Europe, which viewed it as heeding to many of Russia’s maximalist demands.

READ ALSO:Trump Urged Ukraine To Give Up Land In Peace Deal Talks — Official

The plan to end the war is championed by Trump, but European countries fear it risks forcing Kyiv to cave in to Russian demands, notably on territory.

Advertisement

Fearing further Russian aggression, Europe has repeatedly said an unfair peace should not be imposed on Ukraine.

The Trump envoys are now seeking to finalise the plan with the approval of Moscow and Kyiv.
AFP

Advertisement
Continue Reading

Trending