11/09/2025
Indorama Host Communities Groan As Court Cases Stall Dividend Payments
By Emma Akogun
For over nine months, members of the host communities of Indorama Eleme Petrochemicals Company Limited (IEPL) have been left without their share of dividends, following a series of legal disputes that have stalled the disbursement of funds.
The dividends, which are normally managed and distributed through the various Community Trust Development Initiatives, have been withheld pending the resolution of ongoing cases in court.
The affected host communities include Aleto, Okerewa, Njuru, Akpakpan, Agbonchia, and Wakaoha in Elelenwo.
Inside Eleme Newspaper gathered that one of the major cases, Suit No. PHC/4186/CS/2024, currently before Hon. Justice Ben O. Whyte of the Rivers State High Court, Port Harcourt, has stalled payment since late 2024. The case has been characterized by multiple motions for joinder, counter-motions, and withdrawals, further complicating resolution.
In addition, aspects of the dispute have also been taken before the National Assembly Committee on Host Community, which has stepped in to mediate and explore possible solutions.
This is not the first time dividend payments have been halted. In November 2020, a similar legal action was instituted when Hon. Aforji Igwe, then member representing Eleme in the Rivers State House of Assembly, approached the courts on behalf of host communities. That case, presided over by Hon. Justice A. Enebeli, resulted in an interim order restraining payments pending arbitration. The impasse was only resolved in 2022 with the establishment of community-based trust boards, replacing the central management previously held under Elano Investment Limited.
Currently, tension is mounting across the host communities. Protests, town hall meetings, and consultations have been held by stakeholders pressing for the resumption of payments.
Beyond the legal hurdles, internal governance disputes have also contributed to the delay. The tenure of most of the community trust boards formed in 2022 has expired, yet several incumbent trustees are allegedly reluctant to vacate office. This, stakeholders say, is further obstructing the appointment of new boards and delaying access to funds.
Critics have also accused some trust boards of lack of accountability, mismanagement of funds, and imposition of projects that serve narrow interests rather than the collective good of the communities.
As frustration deepens among beneficiaries, the resolution of both the court cases and internal governance challenges remains critical. For now, the fate of the long-awaited dividends and the trust of community members in their leaders hangs in the balance.