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Okomu Oil Company, Host Communities Impasse: Stakeholders Sue For Peace

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In its bid to proffering a lasting solution to the frequent clash between host communities and Okomu Oil Company, protest by host communities, etc, a non-Governmental Organisation – Voice of the Earth Initiative (VOTI), Monday, organised a one day Community Stakeholders meeting at Udo, Ovia South-West Local Government Area of Edo State.

The programme, with the theme: Sustainable Development and Security, was held with the view to encouraging a mutual relationship between the company and the host communities.

The programme which attracted members of the civil society organisation, community leaders/representatives and other stakeholders was held in partnership with Edo Civil Society Organisation (EDOCSO).

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In his welcome address, convener the the meeting and Coordinator, VOTI, Chief Sunday Ajele, said the meeting becomes necessary due to the series of reports of attacks, stealing, etc on Okomu Oil Company and the reports of harassment, invasion and evacuation of communities by the company.

While noting that the programme was aimed at enlightening both parties (company and host communities), he added that it was also organised to ensure that companies especially Okomu Oil Palm Company Plc and its host communities live harmoniously without any report of infringement.

READ ALSO: Edo: Two Suspects Arrested Over Okomu Oil Invasion

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He said: “This meeting has become very necessary due to the recent developments widely reported on all media which is painting inhabitants and companies in bad relationship.

A cross section of participants at the Okomu Oil Company/communities stakeholders meeting.

“The protest by ATandP community against Okomu Oil company, that took place on the 4th of May 2022 which was reportedly alleged that a trench was dug by Okomu Oil Palm Plantation Company on right of way linking residential houses, schools and religious worship places of inhabitants, which unfortunately led to the shooting of one Mrs Iyabo Butu, if not for the mercy of God, she would have been dead. (Sic)

“We also do not have permanent enemies but we do have, PERMANENT INTEREST. We believe that, living in harmony and respect for all forms of life, human, animals, trees, birds, reptiles and microbes is essential to human happiness, therefore a Human Right.”

The Coordinator, who disclosed that the meeting was the maiden edition, vowed that his organisation would not rest untill a mutual relationship is achieved between Okomu Oil Company and host communities.

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Speaking on the theme: Sustainable Development and Security”, the Interim Chairman, Edo Civil Society Organizations, Comrade Austin Enabulele, said there cannot be meaningful development when there is no peace, adding to achieve peace, individuals must imbibe it first before radiating it to others.

Enabulele maintained that the various communities must seek for peace first in all that they do so that there can be sustainable development.

He emphasized that for there to be peace, there must be trust, equity and justice.

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On his part, Chief Responsibility Officer, Josemaria Escriva Foundation, Dr. Jude Obasanmi, urged communities and Okomu Oil Company to work toward building an expected long-term engagement to drive the greatest impact.

READ ALSO: BREAKING: Protest Rocks Okomu Oil Over Alleged Marginalisation, Oppression [Video]

Obasanmi, who was represented by Dr. Bright Oniovokukor posited: “On the part of the company, the management must do all within power to show benevolence and not exploit the community just to maximize profit considering that the day the community discovers this, they accumulated profit cannot compensate for the consequences.

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“Community/company relationship has mutual responsibility an benefits hence all must parties must play their roles accordingly. Parties should consult and seek clarification where necessary.”

On his part, Fidelis Olise, Public Relations Officer, Okomu Oil Company, said his company was taking all preventive measures to secure farms, hence the seemingly infringement and complaints from communities.

A cross section of participants at the stakeholders meeting.

Representatives of Iyase of Udo community, Friday Araghagha, who happens to be the community chairman, said his community and the company have been having mutual relationship with no rancor

But Mrs. Helen Dise, from Agbede community accused Okomu Oil Company of evacuating her community for its farm, adding that the river they used for fishing has been polluted.

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Ebiye Jonghan from A/T and P community decried the maltreatment they suffered from the company, lamenting that they have been all tagged criminals in the community, stressing that the land Belongs to them hence they should be treated in that regards.

 

 

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Transfer: Premier League Clubs Scramble For Dele-Bashiru

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Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.

Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.

READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma

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La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.

The 24-year-old has two years left on his contract with the Serie A club.

The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.

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He has been a regular feature for Lazio this season.

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Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses

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The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.

DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.

A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.

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READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria

“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.

“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.

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“This contradiction will no longer be tolerated,” the statement said.

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N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs

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First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.

The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.

At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.

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Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.

READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti

Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.

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Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.

“Women-led enterprises are critical to economic activity, yet they face structural barriers.

This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”

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Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).

READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti

By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”

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Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.

Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.

Applications for the zero-interest loan are now open.Apply now.

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