The Environmental Rights Action/Friends of the Earth Nigeria (ERA/FoEN) has called for the setting up of an environmental remediation bond.
ERA/FoEN said the bond, when set up, will be saddled with the responsibility of setting aside funds aimed at tackling environmental issues when such needs come up without waiting for a budgetary approval.
The Executive Director, ERA/FoEN, Chima Williams, in a statement signed by Elvira Jordan and made available to INFO DAILY, also called for the release of the Ecology Fund earmarked for environmental remediation in communities that have suffered pollution, deprivation and other abuses caused by divesting IOCs.
He also admonished President Bola Ahmed Tinubu to repurpose his policies in the environment sector and start exactly from where his predecessor, former president, Muhammadu Buhari stopped in the Niger Delta, by ensuring the accelerated clean-up of Ogoniland, adding that all bureaucratic bottlenecks to the clean-up should be removed, followed by an environmental audit of the entire Niger Delta.
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Speaking on existing and emerging issues in the environment sector under the present administration, Williams stated that several initiatives have been introduced by the new government with varying degrees of impact on Nigerians, and these issues, according to him, have a connection with the environment.
Commenting on the fuel subsidy removal, he stated that the President’s announcement of the decision in his inaugural address was hasty and obviously not well-thought out, adding that the necessary engagement with critical stakeholders in the Nigerian project including representatives of labour, civil society and community representatives was not carried out prior to this decision.
“The implication was immediate and has resulted to spiralling inflation, high cost of food and transportation with Nigerians at the grassroots feeling the pinch more.
“The subsequent announcement of $500 billion in palliatives which targeted N8,000 (eight thousand naira only) per household was a continuation of the confusion in policy before it was withdrawn in favour of N5 billion for palliatives per state, which has failed to address the real plight of ordinary Nigerians.
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“We restate that the solution to the high cost of fuel remains local refining. The rehabilitation of the refineries as promised by the President must be prioritised even as we also demand a probe of the trillions of naira that have gone into turn around maintenance for the nation’s moribund refineries. We equally demand that individuals and companies that have scammed this nation through the subsidies are held accountable, “ he added.
While speaking on the divestment of oil companies in the Niger Delta, Williams explained that the International Oil Companies (ICOs) have escalated their rhetoric about divestment from the Niger Delta region without reversing the environmental harms caused by oil exploration and extraction in the region.
According to him, over six decades of oil exploration in the Niger Delta region has left the region degraded, with frequent oil spills and gas flaring with grave impacts on man and the environment. These hazards continue to shorten the lifespan of the people of the region.
“Unfortunately, national companies have been buying off the oilfields left by the oil majors, without clear provisions about who is liable for historical contaminations and related socio-ecological issues,” he said.