Investigate ESG standards of oil companies – CSOs task journalists in Akwa Ibom

📆 10/11/2024 07:24 a. m.
📰 DailyPostNGR

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Akwa Ibom Noticias

Cso,ESG

Some Civil Society Organisations in Nigeria have challenged journalists in Akwa Ibom State, an Oil Producing part of Nigeria to do more investigations on Environmental, Social and Governance standards of oil companies as well as financial institutions operating in the area.

The CSO's include the Civil Society Legislative Advocacy Centre, CISLAC, Connected Development, CODE, Steps to Sustainable Transformation and Empowerment Foundation and other partners. They added that investigations into those sectors would not only uncover the rot and opacity therein but would bring about financial transparency and development of the impacted communities in Akwa Ibom.

We also want to see the level of implementation of oil companies concerning the 3 percent OPEX to host community trust, how much has been remitted so far.' Also speaking, Abdulazeez A. Hussaini of CODE said it was high time journalists began to ask questions on what, where and how the resources meant for the development of the extractive communities were expended.

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