Business
Rivers Community Vows To Shut Agip Operations … Urges Wike To Intervene
The people of Omoku community in Ogba\Egbema/Ndoni Local Government Area (ONELGA) of Rivers State have threatened to quit the Nigerian Agip Oil Company from their land if it fails to impact positively on the natives and community soonest.
They also called on the state Governor, Chief Nyesom Wike, to intervene in their agitations against the multinational oil company to forestall the breakdown of law and order.
President-General of Omoku Youth Federation, Hopeson Ahiakwo, who briefed journalists alongside other community leaders in Port Harcourt on Monday, said they would no longer tolerate Agip’s outright negligence in their area.
Ahiakwo alleged that the company, through its operations that have lasted for 50 years in Omoku, had caused environmental pollution in the community, which has shortened the life span of the citizenry.
“In 1971, the first exploration was done. Since 1971 till date, Agip has been exploring, though negatively exploiting our society. And that is why we are here today.
“In the recent past, there has been a serious complaint on the activities of Nigerian Agip Oil Company in Omoku. And to our surprise, it (Agip) has not shown any form of attention and seriousness to be able to resolve these contending issues that our people face today.
“Today, our people are dying because we could not even find decent air to breath. Our aquatic system is destroyed. As Omoku is today, you cannot go to the river and find a prawn. This is because our river now is the river of oil. And we have complained to every sector, but to no avail”, he said.
The Omoku youth federation also accused the oil company of employing people from other ethnic groups, while sidelining the host community.
Ahiakwo stressed: “We are calling on the Nigerian Agip Oil Company to make haste because as it is, we shall shut down the company from our land. We shall no longer give them access to our land. This is because we cannot continue like this.
“Fifty years of no employment! For 50 years, Agip company cannot stand shoulder high to say we have employed one, two or three Omoku indigenes into the company. We are going to shut them out.
“That is why we are taking this opportunity to call on our amiable governor. He has done so much to communities with similar challenges. He has solved so many issues He is a peace crusader.
“All of us believe that with his intervention, maybe, Agip will continue to be our tenant. If he calls, we know Agip will listen to his voice. The sole responsibility of governance is to protect the citizens, which our governor has done; he is doing, has continued to do. Ours will not be a change. He will do it in our land.
“We are calling on the governor to intervene in the issue of Omoku community because we are going to stop Agip”.
He said further that, “Omoku community as known today in the nation is the highest oil-bearing community in the Niger Delta. There is not doubt about that and there has never been a question to such assertion
“The Federal Government had found a very reasonable quantity of gas which is measured to 5 trillion cubic of gas in Obiakpo 41 West of Omoku community; and with 338,000 cubic metres found in the same location.
“In the history of this nation, there is no single community that such wealth of resources could be found unless in Omoku, ONELGA in Rivers State. This wealth is managed by the Nigerian Agip Oil Company”.
All efforts to speak with the spokesperson of the oil company, Dennis Nazi, for reaction were not successful as at the time of filling this report, as his phone was not connecting.
By: Boye Salau
Kolomoni Microfinance Bank has awarded grants to five female entrepreneurs to boost their businesses as part of its commitment to promoting women in business.
The initiative, organized to mark International Women’s Day, was themed “Accelerate Her Growth.”
According to the bank, the decision to support women was inspired by World Bank data, which shows that 41 percent of Nigeria’s micro-businesses are owned by women.
Delivering the keynote address, business strategist, Ebun Akinwale, emphasized that entrepreneurship requires resilience, creativity, and passion.
She illustrated this by recounting her own business challenges and highlighting the critical role passion plays in overcoming obstacles.
The event underscored Kolomoni’s mission to empower women and support small businesses in Nigeria.
Other speakers at the occasion were Odunayo Oyebolu, a seasoned entrepreneur; Victori Ajiboye, a marketing strategist with global experience; and Simi Ojumu, a finance expert.
The beneficiaries said the financial support was a validation of their hard work and a boost of confidence towards scaling through in their businesses.
The winners were selected after sharing their entrepreneurial journeys and presenting business proposals for financial assistance from the bank.
The 8th edition of the Nigeria Small and Medium Enterprises (SMEs) Summit and Awards (Nigeria SMEAwards) is set to take place in Lagos for the first time in its history, marking a significant milestone for this prestigious event.
Endorsed by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), the annual awards celebrate the entrepreneurial spirit driving Nigeria’s economy.
The visionary convener of NigeriaSMEAwards 2025, Adedayo Olalekan, said, “Governors from Zamfara, Sokoto, Ebonyi, Borno, Enugu, Ekiti, Benue, and Kaduna States have all implemented transformative initiatives that have greatly benefitted local enterprises.
“Their contributions will serve as a beacon of inspiration for the nation.”
Speaking at a recent press conference in Lagos, Olalekan emphasised that the event would introduce a fresh and unique approach, moving away from tradition.
“Despite economic challenges, Nigerians continue to show an unwavering commitment to progress”, he said.
He noted that the awards will not only honor outstanding individuals, but also recognise the critical role state governments play in nurturing vibrant SMEs.
“State governments have been instrumental in fostering a supportive environment for SMEs, which in turn benefits both the awardees and the larger economy.
“With major banks like Providus, Access, and First Banks competing for top honors, the 8th NigeriaSMEAwards promises to be a night of celebration, recognising exceptional contributions to Nigeria’s SME landscape”, Olalekan added.
Amid global challenges such as inflation, geopolitical instability, and the ongoing conflict in Ukraine, Nigerians continue to show remarkable resilience.
Their efforts, according to reports, have contributed to job creation, economic growth, and overall prosperity, with SMEs at the forefront of this success.
This year’s awards will recognise governors who have made significant strides in advancing the SME sector within their states.
Small and Medium Enterprises (SMEs) consultants in Rivers State have called on entrepreneurs to be focused and avoid distractions.
The experts, who were speaking on the recent developments about the change of leadership in the state, said entrepreneurs need to put more efforts in their businesses in order to break even in the present situation in Rivers State.
Speaking in a chat with The Tide, an international SMEs consultant, Amb. Larry Goodwill Ajiola, said the political moves is capable of distracting SMEs who are not grounded in their businesses, adding that “the serious minded business men and women would utilise the opportunity to increase their revenues”.
Amb Ajiola, who is the President and Chief Executive Officer (CEO) of Rumuomasi Co-operative and Credit Society Limited, Port Harcourt, said, “Rugged entrepreneurs look out for business opportunities in situations around them, whether good or bad”.
He reiterated that the loan facility given to 3,000 SMEs in the state revived and expanded businesses, adding that the empowered businesses should continue to push, no matter the situation.
“credit is a powerful tool for achieving financial security.
“We can only keep imagin the economic value that the over 3,000 MSMEs would add to the positive economic dynamics of Rivers State and the Local Government Areas in terms of Gross Domestic Prooduct (GDP), increased tax returns, employment creation, income distribution, and production of goods and services”, he said.
Another SMEs Expert, a business consultant and SMEs trainer, Mr. Chisom Sam-Orji, in his advice, noted that every SME in the state should realize that change is the only constant thing.
He said SMEs should also know that “tough times never last, but tough people do”, adding the need for every entrepreneur to stay focused on creating value and remain resilient.
“This is not the time to be distracted by every noise around your space, but to maximize every time you have to focus on the essentials and keep creating value.
“For some people, it may just be the time to diversify, create new products and services to serve a new or existing market. But this must be based on the facts available to you via research and market surveys”, he said.
The SMEs expert also said the present time in the life of an entrepreneur is a time to cut off unnecessary excesses that surround one’s business.
“Those extra costs that may hamper your growth in this season and beyond, and focus on just essentials.
“SMEs should find certain leverages that are available to aid their business growth. This could be in form of grants, knowledge, and other leverage tools.
“Collaboration is one big way to grow in this season. Finding ways to collaborate with like minds instead of competing could enable a product or service gain advantage in the market and beyond.
“They should also find ways to sustain and grow their customer relationship as this is key to sustaining business flow. They must seek new and efficient ways to serve their customers and gain their loyalty”, he stated.
He further called on every entrepreneur to keep building capacity and never take their eyes off their visions, adding the need to muster every courage it takes to keep building and moving forward.
Lilian Peters