News Formal

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

  • 📰 DailyPostNGR
  • ⏱ Reading Time:
  • 19 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 59%

Akwa Ibom News

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Akwa Ibom: Business owners, commuters count losses as Calabar-Itu Road remain closedBusiness owners and residents of Calabar-Itu Road, Uyo, Akwa Ibom State and its environs are counting their losses as the road remains closed to traffic for over five months.
Source: DailyPostNGR - 🏆 11. / 59 Read more »