Friday, September 11, 2026

Imo community demands accountability for oil revenue

A group of concerned community members, under the aegis of the Achi Stakeholders Forum, made the call at a news briefing in Owerri on Sunday.

• January 12, 2026
Imo State gov, Hope Uzodimma (Credit: Nairametics)
Imo State gov, Hope Uzodimma (Credit: Nairametics)

The Achi Mbieri residents in Mbaitoli LGA of Imo have demanded accountability from their leaders for the handling of oil revenue accruing to the community.

A group of concerned community members, under the aegis of the Achi Stakeholders Forum, made the call at a news briefing in Owerri on Sunday.

In line with the Petroleum Industry Act, some part of the revenue accruing to the oil-rich community had been paid by Seplat Energy, an oil exploration company in the area.

The group alleged that the money was “inequitably disbursed” by the community’s president-general, Victor Iwuagwu, to the component villages, without due supervision by the community’s executive council.

The community’s financial secretary, Richard Durunna, said that in the community’s meeting on Saturday, he clearly denied involvement in the said disbursement.

Mr Durunna also said that Iwuagwu had “unilaterally run the affairs of the community without input from other members of the executive, including himself”.

He, however, said that after the meeting, the stakeholders and community members agreed to issue a 48-hour ultimatum to the president-general to convene an emergency meeting and explain his financial dealings to the community.

“I am completely unaware that Seplat Energy already paid us. I only got wind of it when the various villages confirmed receiving money from the PG. When I asked him about the sharing formula, he said he shared it according to the instructions by his late mother in a dream. I find this bizarrely disturbing and call for accountability so that records can be set straight,“ he said.

Another member of the group, Charles Opara, described the discovery of oil in the community as a “supposed blessing rather than a reason for chaos“.

Mr Opara, therefore, called on Iwuagwu to desist from personalising the gains from oil and give a proper account of his stewardship.

The community’s traditional prime minister, Nzeh Adolphus Nnadi, called on the Imo government to intervene and order a forensic investigation by a panel of inquiry to set matters right.

A youth leader, Chigazu Ohamadike, called for calm and a peaceful resolution of the differences.

Mr Iwuagwu could not be reached immediately for comment.

(NAN) 

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Devakumar Edwin, the vice-president (oil and gas) of Dangote Group

Economy

Dangote Group seeks cargo-backed financing to boost Nigeria’s shipping

Devakumar Edwin, the vice-president (oil and gas) of Dangote Group, has called for cargo-backed financing to strengthen Nigeria’s shipping industry.

Politics

Tinubu’s re-election will make Nigeria stronger, fairer: Gov Soludo

Governor Charles Soludo says the next four years of President Bola Tinubu’s administration will produce a stronger and fairer Nigeria.

Anti-Corruption

Fake Abuja spiritualist sentenced to prison for sextortion

The Federal High Court, Abuja Division, has convicted and sentenced a fake spiritualist, Solomon Odigie Moses, to one year in prison.

Economy

Transport fares to decrease nationwide from October 1, says presidency

The Presidential Initiative on Compressed Natural Gas and Electric Vehicles (Pi-CNG & EV) says transportation fares are expected to decrease nationwide from October 1.

Alex Otti

Economy

Abia govt seeks input on 2027 budget proposal 

The Abia government has commenced consultations with citizens and stakeholders to identify priority areas for inclusion in the state’s 2027 budget.

Troops

NationWide

13 hostages rescued during counter-terrorism operations: Military

The Nigerian Army says troops have rescued 13 hostages, intercepted 300 rounds of ammunition and killed a suspected kidnapper in separate operations nationwide.