{"id":195030,"date":"2025-03-31T17:11:52","date_gmt":"2025-03-31T15:11:52","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-neiti-plans-review-of-6-03bn-divestments-by-iocs-amid-environmental-issues-other-concerns\/"},"modified":"2025-03-31T17:11:52","modified_gmt":"2025-03-31T15:11:52","slug":"nigeria-neiti-plans-review-of-6-03bn-divestments-by-iocs-amid-environmental-issues-other-concerns","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/west-africa\/nigeria\/nigeria-neiti-plans-review-of-6-03bn-divestments-by-iocs-amid-environmental-issues-other-concerns\/","title":{"rendered":"Nigeria: Neiti Plans Review of $6.03bn Divestments By IOCs, Amid Environmental Issues, Other Concerns"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"23\">NEITI said the oil and gas divestments were reshaping Nigeria&#8217;s industry, hence the need to ensure that the divestments adhered to due process.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"38\">The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced a review of divestments involving 26 oil blocks worth $6.03 billion by five International Oil Companies (IOCs), amid lingering environmental concerns raised by host communities and other unresolved issues.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"17\">The Executive Director, NEITI, Ogbonnaya Orji, said this during the&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202503310437.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 West Africa <a title=\"Nigeria\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/west-africa\/nigeria\/\">Nigeria<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEITI said the oil and gas divestments were reshaping Nigeria&#8217;s industry, hence the need to ensure that the divestments adhered to due process. The Nigeria Extractive Industries Transparency Initiative (NEITI) has announced a review of divestments involving 26 oil blocks worth $6.03 billion by five International Oil Companies (IOCs), amid lingering environmental concerns raised by [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":195031,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[249],"tags":[51004,258,256,5987,51005,14654,42137,8008,17702,257,4687,393,5212,6399,254],"class_list":["post-195030","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nigeria","tag-6-03bn","tag-africa","tag-africa-news","tag-concerns","tag-divestments","tag-environmental","tag-iocs","tag-issues","tag-neiti","tag-news","tag-nigeria","tag-nigeria-news","tag-plans","tag-review","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/195030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=195030"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/195030\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/195031"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=195030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=195030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=195030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}