• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, August 24, 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

Yobe Varsity Student Dies, 4 Others Injured In Fatal Accident

Yobe Varsity Student Dies, 4 Others Injured In Fatal Accident

59 minutes ago
IAWPA Set To Observe UN International Day Of Police Cooperation In Abuja

IAWPA Set To Observe UN International Day Of Police Cooperation In Abuja

1 hour ago
ADVERTISEMENT

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.

ADVERTISEMENT

“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.

 

 

 

 


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


Tags: AgipOando
SendShare10171Tweet6357Share
ADVERTISEMENT
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

Yobe Varsity Student Dies, 4 Others Injured In Fatal Accident
News

Yobe Varsity Student Dies, 4 Others Injured In Fatal Accident

2025/08/24
IAWPA Set To Observe UN International Day Of Police Cooperation In Abuja
News

IAWPA Set To Observe UN International Day Of Police Cooperation In Abuja

2025/08/24
4 Die In Lagos Boat Mishap
News

6 Die, 19 Rescued, 3 Missing In Fresh Sokoto Boat Mishap

2025/08/24
Oyo Gov’t Denies Closure Of Gbagi Market In Ibadan
News

Oyo Gov’t Denies Closure Of Gbagi Market In Ibadan

2025/08/24
Bye-elections: Don’t Give Ticket To Highest Bidders, YIAGA Urges Parties
News

Electoral Reform: Yiaga Africa Advocates Stripping President Power To Appoint INEC Chair

2025/08/24
Igboho Begs Federal Gov’t To Remove Name From Security Wanted List
News

Igboho Apologises To Alaafin Over Comment At Ooni’s Palace

2025/08/24
Leadership Conference advertisement

LATEST

Yobe Varsity Student Dies, 4 Others Injured In Fatal Accident

IAWPA Set To Observe UN International Day Of Police Cooperation In Abuja

6 Die, 19 Rescued, 3 Missing In Fresh Sokoto Boat Mishap

Oyo Gov’t Denies Closure Of Gbagi Market In Ibadan

Electoral Reform: Yiaga Africa Advocates Stripping President Power To Appoint INEC Chair

Police Bust Drug Cartel, Arrest 4 Suspects In Akwa Ibom

Nigeria Police Deport Wanted Chinese Gang Leader

Igboho Apologises To Alaafin Over Comment At Ooni’s Palace

Anambra’s Nonye Soludo Wins ‘Humanitarian First Lady’ Award 2025

Wang Yi’s Visit To Delhi Signals Strategic autonomy to US

© 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.