Financial institutions must take greater responsibility for the environmental and human rights consequences of businesses they finance, civil society groups have said, as communities in Nigeria’s Niger Delta continue to bear the impact of extractive activities.

The call was made in Uyo, Akwa Ibom State, during a three-day capacity-building workshop on responsible finance, organised by the Fair Finance Nigeria Coalition.

The FFNG Coalition comprises BudgIT Foundation, Oxfam, Connected Development, Civil Society Legislative Advocacy Centre (CISLAC), Policy Alert and Support and Training Entrepreneurship Programme.

CISLAC serves as the secretariat of the project.

The workshop, held from 26 to 28 August, brought together civil society organisations, community-based organisations, and media professionals to examine how financial decisions can affect environmental protection, human rights and sustainable livelihoods.