• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, July 30, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Gov Diri Asks Oando To Acquire Agip’s Liabilities

by Leadership News
11 months ago
in News
Oando
Share on WhatsAppShare on FacebookShare on XTelegram

Bayelsa State governor, Douye Diri, has charged Oando Energy Resources Nigeria Limited, which recently acquired the Nigerian Agip Oil Company (NAOC) to take up the liabilities and not just the assets of the oil firm it bought over.

Advertisement

Diri declared that this was the only way to end the frosty relationship between the former company and its host communities.

The governor stated this during a courtesy visit of the management team of Oando Energy to Government House, Yenagoa.

Oando Completes $783m Acquisition Of Agip Oil Company

In a statement issued yesterday by his chief press secretary, Mr Daniel Alabrah, the governor called on the Oando management to right the wrongs of the divested company by addressing issues of employment, contractual benefits, security of jobs and environmental pollution.

He advised the company to avoid the ugly incident associated with another oil firm operating in the state that is in court with the government over oil spill dispute in Nembe local government area.

RELATED

Lekki Port Moves 40,000TEUs Transhipment Cargoes Across West African Seaports

Lekki Port Moves 40,000TEUs Transhipment Cargoes Across West African Seaports

5 minutes ago
Sub-Saharan Africa’s 3.4% 2024 Growth Inadequate To Curb Poverty – World Bank

World Bank Advocates Strong Policies, Action To End Gas Flaring

10 minutes ago

Diri noted that multinational companies that shy away from corporate social responsibilities often end up as bad business managers, which in the long run results in crisis between them and their host communities.

He also stated that indigenes that qualify to work in the oil firm should not only be considered for the lower ranks but should also be part of the management.

The governor said, “Let me congratulate you for being found worthy, having concluded the processes of acquiring all the assets of the Nigerian Agip Oil Company. But be reminded that you have not only acquired the assets; you have also acquired the liabilities.

“By the laws of this country, the rights of hosts, states and communities have been taken away because oil found underground belongs to the country. These are very inhuman laws.

“Part of the reason for the frosty relationship between Bayelsa State, the oil-producing communities and the company that you have acquired were around employment, contractual benefits, security jobs and others. We, however, believe this is an opportunity for you to right the wrongs.

“You are a new company today. So, in terms of employment and contractual obligations, let the people of Bayelsa be involved. That way, there would be mutual respect, peace and smooth operations in this state.”

He promised the management of the government’s collaboration, saying the state has a lot to gain from such peaceful oil activities.

The managing director of Oando Energy Resources Nigeria Limited, Dr Ainojie Irune, said the visit was to formally introduce the management team that would be doing business in the state and to seek a fruitful partnership.

 

 

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: AgipOando
SendShareTweetShare
Previous Post

APC Youths Urge Akpabio To Convene Stakeholders’ Meeting On Akwa Ibom

Next Post

Rules To Safeguard Footballers

Leadership News

Leadership News

You May Like

Lekki Port Moves 40,000TEUs Transhipment Cargoes Across West African Seaports
Business

Lekki Port Moves 40,000TEUs Transhipment Cargoes Across West African Seaports

2025/07/30
Sub-Saharan Africa’s 3.4% 2024 Growth Inadequate To Curb Poverty – World Bank
Business

World Bank Advocates Strong Policies, Action To End Gas Flaring

2025/07/30
Edun Hails Adeniyi, Says Customs Contribution Crucial For Actualising N49trn 2025 Budget
News

Customs Introduce 4% Levy, Scrap 7% Collection, 1% CISS Fees At Seaports

2025/07/30
Bear Resurfaces As Equities Investors Lose N639bn
News

Stock Market Surges By N1.736trn On Strong Earnings Reports

2025/07/30
tinubu
News

Whistleblowers Petition Tinubu Over MSC’s Alleged Unfair Shipping Practices

2025/07/30
Chams Unveils Driving Forces Of Stellar Performance
Business

Chams Holding Rebrands, Restructures For Future Growth

2025/07/30
Leadership Conference advertisement

LATEST

Lekki Port Moves 40,000TEUs Transhipment Cargoes Across West African Seaports

World Bank Advocates Strong Policies, Action To End Gas Flaring

Customs Introduce 4% Levy, Scrap 7% Collection, 1% CISS Fees At Seaports

Stock Market Surges By N1.736trn On Strong Earnings Reports

Whistleblowers Petition Tinubu Over MSC’s Alleged Unfair Shipping Practices

Chams Holding Rebrands, Restructures For Future Growth

Ecobank Group Reports $398m Pre-tax Profit, $1.1bn Net Revenue In H1

Oil and Gas Content law helping cable business – CAMAN

9m Motorists Drive On Nigerian Roads Without Insurance Papers

MAN Calls For Industrial Reforms Amidst GDP Growth

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.