Mathew Amaechi
The Managing Director of the Niger Delta Development Commission (NDDC), Chief Samuel Ogbuku, has appealed to Ogoni elders to work towards the prompt resumption of oil operations in Ogoniland, Rivers State.
This call comes after years of conflict led to the halt of oil exploration and exploitation by International Oil Companies (IOCs) in the region.
Chief Ogbuku expressed concern over the impact of the standoff on the nation’s economy, particularly in the face of the growing energy crisis following the removal of oil subsidies by the federal government. He noted that the prolonged conflict has deprived the nation of significant contributions to its Gross Domestic Product (GDP) over the years.
During a visit to the palace of His Royal Majesty, King Festus Babaa Paago Baigia, the Gbenemene of the Gokana Kingdom, Chief Ogbuku emphasized the importance of resuming oil operations, which would have positive multiplier effects on the local economy, including job creation and industrialization.
The NDDC boss also highlighted the benefits of the Petroleum Industry Act (PIA), which would ensure that International Oil Companies (IOCs) are more responsible to their host communities. He assured the Ogoni people that the President Tinubu-led administration is committed to their welfare and would consider their conditions for the return of oil operations in Ogoniland.
