DIVESTMENT: NDC & Rural Peoples' Assembly files Suit against SPDC Nig. Ltd., Standard Chartered Bank & AGF on behalf of pollution impacted communities interests over sales of it's onshore & shallow water assets.
The Niger Delta Congress has sponsored the filing of a suit at the Fed. High Court vacation court sitting in Port Harcourt against SPDC, Standard Chartered Bank and AGF, on behalf of pollution impacted communities of the Niger Delta region, to call for a blueprint on the proposed clean-up, remediation and rehabilitation of the communities affected by the impacts of negative oil exploration and exploitation practices by the multinational oil major over the years, with respect to the perceived intention by the company to sell-off its interests in its onshore and shallow water assets in these communities in the planned divestment announced few months ago. The socio-political organisation which champions the course of a virile autonomous Niger Delta with economic and political autonomy speaks on behalf of the Niger Delta people and communities to demand that SPDC should take steps to assure the communities and its people about what template and timeline it has come up with in ensuring that...