News
House To Probe $20bn Shortfall In Oil Firms’ Cleanup Funds

The House of Representatives launched an investigation on Thursday into the compliance level of oil and gas companies with decommissioning and abandonment regulations in Nigeria’s petroleum industry.
This comes against the backdrop of concerns over a staggering $20 billion compliance gap and spikes in environmental, fiscal, and social risks associated with outdated infrastructure.
This followed the presentation of a motion of urgent public importance by the Chairman, House Committee on Political Parties Matters, Mr Zakaria Nyampa, at Thursday’s plenary.
Speaking on the significance of the motion, the Adamawa lawmaker said, “Across oil-producing countries, operators are required to set aside funds during the productive phase of their assets to cover the future costs of dismantling, site remediation, and restoration.
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“This principle is clearly enshrined in Nigeria’s Petroleum Industry Act 2021 and the NUPRC/NMDPRA Decommissioning and Abandonment Regulations of 2022, yet compliance remains alarmingly poor.”
He argued that Sections 232 and 233 of the PIA mandate licensees and lessees to “Establish decommissioning programmes, maintain dedicated escrow accounts, obtain regulatory approvals, and pay penalties for non-compliance.
“Unfortunately, most operators in the upstream, midstream, and downstream sectors are flouting these provisions. In some cases, International Oil Companies have divested from assets in the Niger Delta without adequate D and A funding, effectively transferring future environmental and financial liabilities to the government and host communities.”
In his words, over 90 per cent of operators have failed to meet their mandatory D&A funding obligations, while regulatory agencies, particularly the Nigerian Upstream Petroleum Regulatory Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, have not shown the necessary enforcement commitment.
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“We are witnessing a dangerous regulatory gap. The regulators must be held accountable for ensuring that every operator complies fully with decommissioning laws. Otherwise, Nigerians, especially host communities, will bear the brunt of environmental disasters,” he added.
He added that the cost of decommissioning in Nigeria’s oil and gas industry is estimated between $500,000 and $1m per well, and up to $50 million per field, with total liabilities projected at $10bn to $15bn in the upstream sector alone.
“Less than 20 percent of operators have established properly funded escrow accounts. The total amount contributed so far is below $1bn, leaving a massive shortfall and compliance gap of about $15bn to $20bn across the industry,” he expressed.
Nyampa raised the alarm that the midstream and downstream sectors face huge risks, with decaying refineries, depots, gas plants, and pipeline infrastructure constituting potential remediation liabilities of up to $5bn.
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“If urgent action is not taken, Nigeria risks widespread environmental degradation, oil spills, toxic contamination, and safety hazards such as fires, gas leaks, and explosions, particularly in already vulnerable host communities.”
Following the adoption of his motion, the House resolved to set up an ad hoc committee to investigate the level of compliance with decommissioning and abandonment provisions as spelt out in the PIA.
When constituted, the Committee is expected to invite relevant regulatory agencies and oil companies, scrutinise their D and A escrow accounts, and report back to the House within twelve weeks for further legislative action.
News
Edo Seeks FG’s Intervention On Land Dispute With Delta

The Edo State Government has appealed to the Federal Government to, as a matter of urgency, intercede on the land dispute between the state and its neighboring Delta.
Deputy governor of the state, Hon. Dennis Idahosa made the appeal when he led a delegation comprising officials of the state government and members of the Edo State Boundary Committee on a fact finding mission to disputed communities.
A statement by his Chief Press Secretary, Mr Friday Aghedo, said the fact finding mission was part of an effort to ensure peace,
Idahosa used the avenue to appeal to President Bola Tinubu to use his good office to ensure justice, equity, and fairness prevailed in the areas in dispute.
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“I passionately call on the President to use all necessary demarcation agencies to resolve these lingering issues,” he appealed.
While suing for peace from the affected communities, Idahosa noted that the state government was determined to protect the territorial dignity of Edo State and that of the people of Orhionmwon.
He pointed out that the Jameson River is a natural demarcation landmark to the disputed Ugbakele boundary Community.
While calling on the state boundary committee to be diligent in their investigation, he stressed that the outcome of the investigation will guide the recommendations of the committee to the governor.
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“We decided to ask questions and the history of this area. We found out that this Jameson River is the natural boundary between Edo and Delta States.
‘You can see the previous structures of the AT&P company. This land is clearly for Edo State.
“We thank the community people and settlers. We plead they continue to maintain the peace pending the outcome of the National Boundary Commission,” he pleaded.
Earlier, Idahosa and his team interfaced with stakeholders and community leaders of Oben, Ikobi, Iguelaba, and Obozogbe-Nugu communities to verify their claims and grievances.
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At the town hall meeting, the communities complained of non-regonition by oil companies operating in the area.
They further decried ceeding of their communal land to private individuals by the immediate past administration of the state without compensation.
“The previous government has done injustice to the Edo people by allocating land to investors without having interactive sessions with us,” they noted.
News
Police Arrest, Charge Content Creator To Court In Edo

The Edo State Police Command says it has arrested a 24-year-old content creator identified as Osarobo Omoyemen, for allegedly sharing a content on Tiktok capable of “inciting hostility against the Police and triggering unnecessary tension within the state.”
In a statement made available to newsmen in Benin on Saturday, the command’s Police Public Relations Officer, Moses Yamu, said the suspect, popularly known as ‘Madam Oil Rice,’ recently circulated a “false claim on social media alleging that she was kidnapped along Upper Sakponba Road in Benin City and later rescued by Police operatives who purportedly detained her at Akpata Police Station and collected the sum of Ten Thousand Naira as bail.”
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Yamu said worried by the allegation, the command immediately commenced investigation, adding that it was revealed that the entire story was completely fabricated and deliberate.
According to the police’s imagemaker, Madam Oil Rice fabricated the story just to attract followers and viewership, stressing that she had confessed to having fabricated the story.
“During interrogation, the 24year old female suspect, Osarobo Omoyemen confessed that she staged the incident solely to generate online content and attract followers to her TikTok page.
“It was also discovered that she deleted an earlier video in which an accomplice in the background was appealing to viewers to follow her page, clearly exposing the motive behind the false alarm.
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“The content was not only misleading but capable of inciting hostility against the Police and triggering unnecessary tension within the state.”
Yamu, while noting that the “suspect has been identified, arrested, and charged to court on Thursday 20th November, 2025 for prosecution, said “efforts are ongoing to arrest her accomplices to ensure they face the full weight of the law.”
The PPRO, who said Madam Oil Rice’s arrest and charge to court was aimed at serving as a “deterrent to others who may attempt to misuse social media to create panic or disrupt public peace,” said “the Edo State Police Command strongly warns against the creation and circulation of fake news capable of disturbing the peace and security of the state.”
He urged members of the public “to verify information before sharing and to refrain from acts that may mislead the public or undermine the efforts of security agencies.”
News
FULL LIST: FG Shuts 41 Unity Schools Over Insecurity

The Federal Government on Friday ordered the temporary closure of 41 unity schools over the rising cases of abduction across the country.
The decision was announced in a circular issued by the Director of Senior Secondary Education at the Federal Ministry of Education, Binta Abdulkadir.
“Sequel to the recent security challenges in some parts of the country and the need to prevent any security breaches, the Honourable Minister of Education has approved the immediate closure of the listed Federal Unity Colleges.
“Principals of the affected colleges are to ensure strict compliance. Please accept the warm regards of the Honourable Minister,” the circular read.
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The affected schools are FGGC Minjibir; FGA Suleja; FTC Ganduje; FGGC Zaria; FTC Kafancha; FGGC Bakori; FTC Dayi; FGC Daura; FGGC Tambuwal; FSC Sokoto; FTC Wurno; FGC Gusau; FGC Anka; FGGC Gwandu; FGC Birnin Yauri; FTC Zuru; FGGC Kazaure; FGC Kiyawa; FTC Hadejia; FGGC Bida; FGC New Bussa; and FTC Kuta-Shiroro.
Others are FGC Ilorin; FGGC Omu-Aran; FTC Gwanara; FGC Ugwolawo; FGGC Kabba; FTC Ogugu; FGGC Bwari; FGC Rubochi; FGGC Abaji; FGGC Potiskum; FGC Buni Yadi; FTC Gashau; FTC Michika; FGC Ganye; FGC Azare; FTC Misau; FGGC Bajoga; FGC Billiri; and FTC Zambuk.
Recall that some students from St. Mary’s School in Papiri, Agwara Local Government Area of Niger State, were kidnapped by terrorists.
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The incident comes just days after a similar attack in Maga, Kebbi State, where 25 students were kidnapped, heightening concerns over the deteriorating security situation in educational institutions across the region.
On Thursday, over 50 schools were shut down in Kwara State following attacks by bandits.
President Bola Tinubu had also cancelled his scheduled trips to South Africa and Angola to coordinate the government’s response to the worsening insecurity.
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