HomeBusinessSterling joins oil firms unhappy with misuse of empowerment packages by communities

Sterling joins oil firms unhappy with misuse of empowerment packages by communities

…As company empowers fresh batch of women entrepreneurs in A’Ibom, Rivers

Sterling Oil Exploration and Energy Production Company Limited (SEEPCO) may have joined oil companies unhappy the way youths and beneficiaries of empowerment packages get misused.

The company is reacting to how most of the 1000 women it empowered in 2025 allegedly misused the packages.

Oil companies had complained along these lines over the years, pointing at a sinkhole of empowerment projects that the beneficiaries allegedly mismanaged.

Development experts in the Niger Delta area have also cried out against this trend, saying empowerment has failed to transform the oil region.

Lanre Oluseye, a thought leader, business leader, and cleric, said he had carried out an observation, saying he use to sit and watch youths who got empowerment packages only to come under the Agip Flyover to sell the equipment for peanuts.

He lamented that the youths would wait only to

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