Stakeholder Communities of Oil Mining License (OML) 25 and Shell Petroleum Development Company (SPDC) have signed a Memorandum of Understanding (MOU) for the re-opening of the closed flow station and the payment of outstanding funds owed Stakeholder Communities under the extant Global Memorandum of Understanding (GMOU). The M.O.U. signed between Shell and the Stakeholder Communities also mandated Shell to pay into a dedicated account , the sum of N1.36billion .
The Settlement Agreement was signed on behalf of the communities by Traditional Rulers, Youth Presidents, Chairmen of Community Development Committees and Community Leaders. Those who signed the agreement include : the Stakeholder Communities of Kula, Belema, Offoin-Ama, Ibie-Ama, Boro and Opu-Kula.
It is gratifying to note that the leadership of Shell Petroleum Development Company further committed to implementing the terms of GMOU. Though the process of re-opening OML 25 lasted a little longer than necessary, the entire episode has exposed to the world the commitment of Governor Wike to the welfare and development of communities of Rivers State. It has also emphasised the dedication of Governor Wike to the growth of the nation’s economy.
This is one of the reasons Rivers people elected and re-elected Governor Wike. His capacity to stand strong on their behalf in the face of blackmail, propaganda and personal attacks is legendary. This sad onslaught got to a point that his former Information Commissioner was hired to circulate malicious falsehood on the issue of OML 25. Viewpoint on Rhythm FM became the headquarters of those who struggled to twist facts and insult the Rivers State Governor because he stood with the voiceless people and insisted that they must get the best out of their natural resources.
For the avoidance of doubt, the agreement of the two groups in Abuja simply confirmed the agreement signed by the Stakeholder Communities of OML 25 with Shell Petroleum Development Company at the Government House Port Harcourt. In other words, Shell Petroleum Development Company has the operational licence for OML 25. Belema Oil will continue to play the role it has always played regarding that oil facility. It is a Stakeholder. The Stakeholder Communities will enjoy the fruits of the expanded Global Memorandum of Understanding (GMOU) signed as an initiative of Governor Wike. The facility will be re-opened and everyone is happy.
The truth always wins. It may suffer knocks, but it surely wins. The victory of truth is always to the benefit of the vast majority. In Governor Wike, Rivers people has a courageous leader who stakes everything to empower his people.