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PIA Inadequate in Addressing Challenges of Niger Delta Region, Says Group
PIA Inadequate in Addressing Challenges of Niger Delta Region, Says Group
By: Michael Mike
The Petroleum Industry Act (2021) has been observed as inadequate in providing solutions to the ecological and environmental challenges of the Niger Delta region.
This was observed by stakeholders at the Third Niger Delta Socio-Ecological Alternatives Convergence (NDAC), organised by the Health of Mother Earth Foundation (HOMEF) in Abuja on Wednesday.

Highlighting the recent approved Niger Delta alternative manifesto for socio ecological justice, Mr. Ken Henshaw noted that while oil has been extracted from the region for over 64 years, the people in the area have been subjected to poverty, less developed and remained more unsecured.
He said the communities in the area that have borne the brunt of oil extraction and Nigeria’s oil economy for over six decades deserve urgent and immediate attention.
He however regretted that they are made to pay for offences not committed just to deny them the right of benefit from the 3 percent as provided by PIA.
Henshaw, who is the Executive Director, We The People, said: “We noted that the PIA is inadequate in addressing the challenges of our region. In parywe not the provisions on community responsibility for protecting oil infrastructures which effectively criminalises our people, provisions on gas flaring which effectively permits the practice, provisions on establishing the host communities funds which gives primacy to oil companies and fails to capture the interest and concerns of our communities”.

Earlier in his welcome address, the Executive Director of HOMEF, Dr. Nnimmo Bassey, noted that the Niger Delta is an undeniable sacrificial zone whose degraded situation must be realigned for the wellbeing of the people and the environment.
He decried that the region has been placed on a bloody slab and visited with unrelenting abuse by the forces of extractivism, internal colonialism and dispossession, stressing that “It has been recklessly exploited right from the time of slavery to the time of colonial monopolies and current realities where it is raped for the sake of keeping a waning petroleum civilization on life support”.
Bassey explained that the programme does not only highlight the huge socio-ecological challenges of the region but also proposes very clear pathways out of the quagmire.
He said “the convergence notes the extreme negative impacts of oil and gas exploitation in the region as well as the massive deforestation and diverse erosion of both the land and the coastlines.
“We note that while the region is made up of a complex ecosystem of streams, rivers, creeks and the sea, potable water is a rarity due to incessant oil spills and the dumping of hazardous industrial wastes into both surface and ground water”.
Speaking further, the HOMEF Executive Director stated that the manifesto foregrounded the struggle against the reckless pattern of crooked divestment schemed and allegedly promoted by the international oil companies (IOCs).
He said: “The plans by the international oil companies to sell off their onshore fields to domestic oil companies and either leave Nigeria or move into deep offshore locations has been roundly condemned as a ploy to escape responsibility and accountability for close to 70 years of unbelievably horrendous pollution of the territory through oil spills, hazardous produced water, toxic wastes and gas flaring”.
He however, urged the National Assembly to act on the matter of existential consequences for the people and the territory, saying that the communities cannot afford to be left stranded in the toxic brew bequeathed to them by the oil companies.
The stakeholders also called for the remediation and restoration of all impacted territories and for payment of reparations for the damage suffered in past years.
According to Bassey, “We should point out here that even the first oil wells drilled, exploited from the 1950s and abandoned in the 1970s, are still polluting the environment because there has not been a proper abandonment and decommissioning process”.
Chairman of the convergence, King Bubaraye Dakolo, noted the need for collective voices for changes in the region. He said “We must have our environment restored. The country has benefited hugely from the resources gotten from the Niger Delta but the region have not felt the positive of the benefits of the natural resources.”
He described the PIA as an anti-people law brought against the Niger Deltans. “A law that criminalises the host producing communities, we are going to ensure the right thing is done, they should clean and restore the environment before divesting”, Dakolo added.
PIA Inadequate in Addressing Challenges of Niger Delta Region, Says Group
News
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
By: Michael Mike
The Nigeria Movement of Solidarity with Cuba (NMSC) has expressed deep condolences to the government and people of Cuba following the killing of 32 Cuban internationalists in Venezuela.
In a press statement issued in Abuja on Saturday, the pro-people coalition, which includes labour unions, civil society organisations and intellectuals, alleged that the Cuban nationals were killed during an attack in Caracas on January 3, 2026, while protecting Venezuelan President Nicolás Maduro, his wife, Cilia Flores, and what it described as the sovereignty of Venezuela.
The group said the Cubans chose to resist despite being overwhelmed, describing their actions as a demonstration of courage, honour and commitment to international solidarity.
NMSC drew parallels between the incident and past historical events where Cuban nationals were involved in overseas struggles, including the 1983 U.S.-led invasion of Grenada and Cuba’s military support for African liberation movements in Angola, Namibia and South Africa during the fight against apartheid.
According to the organisation, thousands of Cuban youths lost their lives in Africa while contributing to the dismantling of apartheid systems backed by Western powers. The group noted that Cuba’s internationalism has not been limited to armed conflicts, citing the country’s long-standing medical outreach to developing nations, including Nigeria.
The statement also recalled Cuba’s response during the COVID-19 pandemic, when it dispatched medical teams to dozens of countries and received hundreds of stranded cruise ship passengers at a time many nations had closed their borders.
NMSC extended its sympathy to the families of those killed in Venezuela and called on the United States government to respect international law, halt what it described as foreign military interventions, and lift sanctions imposed on Cuba, Venezuela and other countries.
The group further aligned itself with repeated resolutions of the United Nations General Assembly calling for the end to the decades-long U.S. embargo against Cuba, insisting that global peace and development require cooperation rather than conflict.
The statement was signed by veteran labour activist and writer, Owei Lakemfa, on behalf of the Nigeria Movement of Solidarity with Cuba
Nigerian Solidarity Groups Mourn Cubans Killed in Venezuela, Condemn U.S. Actions
News
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have congratulated the Board, Management, and staff of Nigerian Exchange Group Plc and Nigerian Exchange Limited on the historic achievement of the Nigerian capital market crossing the N100 trillion market capitalisation mark.
The commendation was issued via a press statement on Friday, jointly signed by Mr Samuel Sehinde Adenagbe, Chairman, Association of Securities Dealing Houses of Nigeria and Mr Oluropo Dada, the 13th President/Chairman of Council Chartered Institute of Stockbrokers.
They described the NGX’s achievement as a remarkable milestone and a major affirmation of the resilience, depth, and growing sophistication of Nigeria’s capital market, and a clear signal of renewed investor confidence in the Nigerian economy.
“Crossing the N100 trillion threshold is not only a symbolic landmark; it reflects the capacity of Nigeria’s capital market to mobilise long-term funds for infrastructure, enterprise development, and economic transformation.
“It underscores the vital role of the market in financing growth, creating wealth for investors, and supporting national development objectives,” the said.
According to them, the achievement will not have been possible without the visionary leadership and strategic direction of the NGX Board, as well as the professionalism and dedication of its Management and staff, led by versatile stockbrokers: Dr. Umaru Kwairanga; Mr. Temi Popoola; and Mr. Jude Chiemeka and Mr. Femi Sobanjo.
“We also commend the unwavering commitment and versatility of dealing member firms and stockbrokers who continue to serve as the backbone of the market, ensuring liquidity, transparency, and investor protection.
“Their collective efforts have strengthened market integrity, broadened participation, and improved the overall efficiency of the Exchange.”
The CIS and ASHON also commend the Federal Government of Nigeria for providing a supportive macroeconomic and regulatory environment that has encouraged domestic and foreign investment, promoted market reforms, and enhanced the attractiveness of Nigerian assets.
They stated that policy stability, ongoing reforms, and a clear commitment to private sector-led growth have played a crucial role in creating the conditions for this historic market expansion.
They further commended SEC for providing sound regulations and market development.
They stated that the CIS and ASHON would continue to advocate ethical governance in the capital market with all stakeholder playing by the rules of the game.
They further restated their commitment to sustaining the momentum through robust regulation provided by Securities and Exchange Commission, market innovation, and strong investor protection frameworks.
“We look forward to working closely with all stakeholders to further deepen the market, broaden product offerings, and ensure that the Nigerian capital market continues to serve as a strong engine for inclusive and sustainable economic growth.”
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
News
Troops neutralise bandit, recover arms in Plateau raid
Troops neutralise bandit, recover arms in Plateau raid
By: Zagazola Makama
Troops of 3 Division of the Nigerian Army, under the Joint Task Force Operation Enduring Peace (JTF OPEP), have neutralised a notorious bandit and recovered arms and ammunition during a raid on a hideout in Plateau State.
Sources told Zagazola Makama that the operation was conducted on Jan. 8 at Yolan Gboka–Yama Da Lahdi, following sustained efforts to track and arrest perpetrators of the Dec. 16, 2025 attack on illegal miners at Tosho community in Fann District, Barkin Ladi Local Government Area.

According to the sources, troops made contact with the bandits during the raid and engaged them in a firefight.
“One of the bandits was neutralised during the exchange of fire and was later identified as Sadiq Isah, while others fled the area,” the sources said.
The sources added that troops subsequently exploited the hideout and recovered two AK-47 rifles and 162 rounds of 7.62mm (special) ammunition.
The recovered arms and ammunition are currently in military custody, while troops have commenced follow-up operations to intercept the fleeing suspects and prevent further criminal activities in the area.
Zagazola reports that Operation Enduring Peace is a joint security initiative aimed at restoring peace and stability across Plateau and neighbouring states.
Troops neutralise bandit, recover arms in Plateau raid
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