Home News Niger Deltans Should Be Part Owners of Oil Companies – Ex-Commissioner
News

Niger Deltans Should Be Part Owners of Oil Companies – Ex-Commissioner

Share
Niger Deltans Should Be Part Owners of Oil Companies - Ex-Commissioner
Ovuozourie Macaulay
Share

A former Commissioner for Special Duties in Delta State, Ovuozourie Macaulay, has called citizens of the Niger Delta to be made part owners of oil companies operating in the region.

Daily Report Nigeria reports that Macaulay made the call while speaking on Channels Television’s Sunrise Daily on Monday, stressing the model will help curb the steady rise of illegal oil bunkering in the area.

Macaulay decried that more emphasis should be given to the protection of livelihoods of host communities against the demand for the communities to protect pipelines for the Federal Government.

He stressed that getting locals in pipeline surveillance and protection was not enough to secure their confidence in the system.

ATTENTION: Click HERE to join our WhatsApp group and receive News updates directly on your WhatsApp!

READ ALSO: IPMAN, NUPENG Behind Oil Bunkering – Group

He said;

“People should not be talking about their [indigenes] participation, we should be talking of part ownership. Everybody wants to protect where his daily bread comes from.

“Before 2003, jobs were not given to the communities at all and we sat down as security council and said, ‘No, these people have to be involved.’

“We met with Shell, we met with Chevron and worked out how they can be taken along and that helped to reduce the agitation and solve many issues but thereafter, it ended there,” he said.

Speaking further on the idea of “part ownership” for indigenes of the oil-rich region, Macaulay said, “Five percent or 10 percent interest of the people in that organisation would help them look forward to something at the end of the year”.

Mr Macaulay concluded that if locals were part owners of the companies’ shareholding, incidents of pipeline vandalism and oil theft will be few.

Share
Written by
Tare Magbei -

With more than five years of covering different topics, Tare Magbei is a versatile journalist.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
FG Sets June 2026 Target for Abuja-Keffi Road Completion, Allocates N73.9bn | Daily Report Nigeria
News

FG Sets June 2026 Target for Abuja-Keffi Road Completion, Allocates N73.9bn

The Federal Government has targeted June 2026 to complete the Abuja-Keffi expressway...

Northern Governors Urge National Assembly to Fast-Track State Police Legislation | Daily Report Nigeria
News

Northern Governors Urge National Assembly to Fast-Track State Police Legislation

The Northern Governors Forum has expressed full support for the creation of...

Middle Belt Killings: FG Has Failed Nigerians, Says Eastern Union President | Daily Report Nigeria
News

Middle Belt Killings: FG Has Failed Nigerians, Says Eastern Union President

Hon. Charles Anike, President of the Eastern Union, has condemned the ongoing...

Tinubu Appoints Nuhu Ribadu as National Security Adviser
News

FG Targets 2.5m Barrels of Oil per Day, Cracks Down on Vandalism

The Nigerian government aims to increase crude oil production to 2.5 million...

RocketplayRocketplay casinoCasibom GirişJojobet GirişCasibom Giriş GüncelCasibom Giriş AdresiCandySpinzDafabet AppJeetwinRedbet SverigeViggoslotsCrazyBuzzer casinoCasibomJettbetKmsauto DownloadKmspico ActivatorSweet BonanzaCrazy TimeCrazy Time AppPlinko AppSugar rush