30MIL DOLLAR DEBT: AGAIN, REPS SUMMON AGIP, NNPC

 

$30million  Debt: Again Reps summon Agip, NNPC

The Nigeria National Petroleum Corporation, Nigeria Agip oil Company, NCDMB, DE COON Services Limited alongside other Joint Ventures, JV Partners have again been summoned by House Representatives  Committee on Petroleum upstream over a $30m debt

The Chairman of the committee, Rep. Musa Adar (APC-Sokoto), disclosed to news   in Abuja over the weekend

Recall that DE COON Services Limited had petitioned the House, accusing Nigeria Agip Oil Company (NAOC) of refusing to pay over $30 million and N70m accrued outstanding bills for engineering jobs  executed in a contract it won via tender for the company since 2014, amongst other infractions that are inimical to the terms contained in the contract.

The committee had on July 29, this year summoned NAOC, NNPC and Oando, (the other JV partners) to appear on Wednesday August 12th to explain the discrepancies and their roles in the allegations.

However,  NCDMB Nigeria Content Development Management Board, NCDMB which was named in the petition had honoured the committee’s invitation for Wednesday 12th August while NNPC, Agip oil company among others failed to show up.”

Rep.Adar who assured that the committee would not relent in its effort in ensuring justice prevails said “Agip had refused attending the hearing citing fears over the COVID-19 pandemic”

According to him “NAOC had indicated willingness to appear online and make submissions on the accusations, but this is not tidy because the lockdown has been lifted, Agip oil & gas production has been going on and even the House has been sitting daily since.So Agip should appear before it as directed”.

Rep. Adar noted that the few weeks grace given the companies involved was just to ensure all parties were present at the next adjourned date to ensure fair hearing hence the need for them to show appearance otherwise the investigation wiould go on as planned

 

Comments are closed.

Verified by MonsterInsights