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Home Business News

Total Nigeria mentioned in new controversy as lawmaker raises alarm 

Damilare Famuyiwa by Damilare Famuyiwa
August 27, 2019
in Business News
Total Nigeria, Analysis: Total Nigeria needs a financial overhaul

Nicolas Terraz, MD of Total Nigeria.

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Oil firm, Total Group has been mentioned in a new controversy, as a member of the House of Representatives representing Degema/Bonny Federal Constituency, Farah Dagogo raised an alarm. 

In a statement made available to newsmen by his Special Adviser on Media and Publicity, Ibrahim Lawal, Dogogo alleged that Total was planning to relocate its servicing companies from Egina Offshore Field Onne in Rivers State, to Ladol Yard in Lagos State. 

While opposing the planned relocation, Dogogo warned that the move could worsen the spate of unemployment in Rivers and the Niger Delta region by extension. 

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The Egina Offshore Field is reputed to have the capacity to add 200,000 barrels of oil per day to Nigeria’s production. 

[READ ALSO: Total Nigeria Plc Has Finally Crossed A Major Barrier]

The company had not responded to the lawmaker’s allegation at the time of filing this report. 

Other concerns: Dagogo prepared a motion to be presented on the floor of the House, with the aim of compelling International Oil Companies (IOCs) as well as the Department of Petroleum Resources (DPR), and the National Petroleum Investment Management Services (NAPIMS) to relocate their head offices to the states where they explore crude. 

Impending threat: Should Total Nigeria move its head office situated in Rivers to Lagos as alleged, there are possibilities that loss of jobs will be in hundreds.  

[READ MORE: TOTAL NIGERIA IS A SELL]

What you should know: Active in more than 130 countries, Total had committed its human power to the production and distribution of oil, gas, and electricity products.

The company has operated in the upstream sector of the Nigerian hydrocarbon industry for more than 50 years and has added over 3 billion barrels of oil equivalent to Nigeria’s production to date.

[READ FURTHER: DPR may withdraw oil firms’ licenses over non-compliance to data policy]


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Tags: Degema/Bonny Federal ConstituencyFarah DagogoTotal Nigeria
Damilare Famuyiwa

Damilare Famuyiwa

Famuyiwa Damilare is a trained journalist. He holds a Higher National Diploma (HND) in Mass Communication at the prestigious Nigerian Institute of Journalism (NIJ). Damilare is an innovative and transformational leader with broad-based expertise in journalism and media practice at large. He has explored his proven ability in the areas of reporting, curating and generating contents, creatively establishing social media engagements, and mobile editing of videos. It is safe to say he’s a multimedia journalist.

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