Agip ignores Legislators, owes millions of dolla

NIGERIA Agip Oil company, NAOC has ignored Nigeria legislators, that is the joint committee of the Senate and House of Representatives of the National Assembly. The  Committee was told that the company owes the Niger Delta Development Commission, NDDC a total of $6.186,696 for a period of fifteen years.

The said money forms part of the payment of the statutory 3% budget remittance to the Niger Delta Development Commission (NDDC) by international oil companies operating in the Niger Delta region.

The fifteen years period according to Bosun Arebuwa Head of Starline, consultant who disclosed  that the total amount owed by the company stood at $ 22.270 billion dollars.

Chairman, Senate Committee on Niger Delta, Senator Peter Nwaboshi, PDP, Delta North in his remark noted that he was surprised that the representatives of Agip did not show up for the meeting after series of discussions, even yesterday morning up till the time of the meeting, said that he had told the company that they must appear before the committee to present their side of the story, adding that many Nigerians have been worried and complained about the said money.

According to Nwaoboshi, Agip was invited for the meeting and it acknowledged the memo through a letter it sent to the Committee and dated 2nd February, 2017.

Also speaking, the Managing Director of NDDC, Nsima Ekere told the Committee that he believed that the Management of Agip would attend the meeting following discussions he has with them even yesterday morning, adding that his management will not compromise, but follow up the money for the interest of the people of the region.