Divestment: Group demands environmental accountability from fleeing IOCs

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The Centre for Environment, Human Rights and Development (CEHRD), has demanded that as International Oil Companies IOCs are divesting from their onshore investments for a preference for the deep Offshore, that government and other stakeholders should demand environmental accountability from the decades of operations.

Decades of operations by the oil multinationals have left vast portions of the Niger Delta environment highly polluted and dangerous to leave even as most of them are hastily selling their onshore facilities to mostly smaller indigenous operators without clear indications of plans for remediation of the environment.

CERHD at a media parley in Port Harcourt therefore,…



Source: Nigerian Tribune