A coalition of civil society leaders has united in a call for the cessation of the sale of Shell Petroleum Development Company (SPDC), the Nigerian arm of Shell Plc, a British multinational oil and gas corporation.
Auwal Musa Rafsanjani, executive director of Civil Society Legislative Advocacy Centre (CISLAC), conveyed the collective stance on behalf of the coalition in a statement released on Monday.
Comprising various Civil Society Organizations (CSOs) such as Social Action Nigeria, CISLAC, and others including the Africa Centre for Media and Information Literacy (AFRICMIL) and Transparency International Nigeria, the coalition voices its concerns regarding Shell Plc’s decision to sell its Nigerian onshore oil assets to Renaissance, a consortium of local companies, for over $1.3 billion.
The coalition emphasizes the significance of this divestment, emphasizing its potential to shape the future of the Niger Delta and its inhabitants for generations to come. The transfer of Shell’s stakes to the consortium presents a pivotal opportunity, the coalition contends, one that warrants careful consideration and scrutiny to ensure the best interests of the Niger Delta communities and Nigeria as a whole are safeguarded.
Source: Parrot Nigeria