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COVID-19: Group berates Agip Oil Company for evasion of mandatory isolation for personnel on essential duty



The National Youth Response Group has frowned at what it calls a blatant disregard for the lives of Nigerians. This was shared in a statement released by its South-South Coordinator, Comrade Preye Thomson. The group alleged that the Nigerian Oil AGIP Company Limited, a multinational oil and gas producing company, evaded the mandatory isolation for her personnel on essential duty.

Full statement reads: – “Nigeria Oil AGIP Company, a multinational oil and gas producing company, and subsidiary of ENI group; are currently embarking on their regular crew change. This is normal procedure, but their current activities are being done without following the laid down guidelines of controlled isolation of her workers. The DPR which laid out clear procedural guidelines, as a way of protecting Oil company workers from the COVID-19 pandemic; mandated oil companies to Isolate their workers that are embarking on crew change after completing the minimum 28days work rotation.

“AGIP which is one of the 5 major IOCs operating in Nigeria not only resorted to evade the mandatory isolation for her personnel on essential duty; but also put their staff through the agony of boat transportation with substandard boats, despite the fact that the Federal Government has given a waiver permitting Oil Companies to fly Helicopters amid the COVID-19 pandemic.

“We have received complaints that the Executive of PENGASSAN in Agip, the Management of the Company led by the General Manager Human Resources and Organization, and the Operations Division Manager, neglected all safety procedures and precautions as directed by NCDC. The company failed to carry out the mandatory 14 days quarantine for its staff before resuming offshore as other IOC’s like Chevron, ExxonMobil, SPDC and Total E&P did. Thus, workers resuming to duty from various states of the federation go straight to offshore facilities to resume without recourse to laid down guidelines in combating the COVID-19 pandemic.

“You may recall that PENGASSAN only just recently threatened to go on strike because of 22 Staff of ExxonMobil returning into Port Harcourt were detained by the Rivers State Government. This even led to the redeployment of the state police commissioner. Those workers were supposed to go on a 14day isolation period, before being reunited with their families or returning offshore. But even at that, Gov.Wike frowned at the way and manner they arrived the state thus leading to their detention.

“AGIP is an Italian firm with its headquarters in Milan, and its country, Italy has been one of the worse hit by the COVID- 19 pandemic where over twenty thousand persons have died with many more still testing positive.

“We call on the PENGASSAN National body, the NLC, the TUC, the Rivers State Government and the Federal Government to immediately sanction the Management of AGIP for this inappropriate action and call the company to order immediately. Especially as recent statistics show a continuous increase in the number of cases testing positive.

“The life of every Nigerian is more important than the money AGIP so desperately wants to make without recourse to the health and safety of her staff, their families and the entire country at large.”

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Capital Market

Stock market gains N15bn on MTNN price rally



The key market indices of the Nigerian Stock Exchange (NSE) on Friday rebounded by 0.12 per cent following price appreciation achieved by MTN Nigeria Communications.

The News Agency of Nigeria (NAN) reports that MTN Nigeria Communication dominated the gainers’ table with N1.10 to close at N16.10 per share.

Vitafoam Nigeria followed with 26k to close at N3.85, while International Breweries added 25k to close at N3.85 per share.

GlaxosmithKline gained 20k to close at N4.80, while PZ Cussons appreciated by 15k to close at N4.50 per share.

Consequently, the All-Share Index which opened at 24,276.56 rose by 29.80 points or 0.12 per cent to close at 24,306.36.

Also, the market capitalisation of listed equities inched higher by N15 billion or 0.12 per cent to N12.679 trillion from N12.664 trillion achieved on Thursday.

On the other hand, Guaranty Trust Bank topped the laggards’ table, dropping 30k to close at N22.45 per share.

United Bank for Africa trailed with a loss of 15k to close at N6.25, while Zenith Bank lost 5k to close at N16.70, per share.

ABC Transport dipped 5k to 51k, while FBN Holdings also declined by 5k to close at N5.20 per share.

An analysis of the activity chart indicates that Sterling Bank was the most active, exchanging 17.66 million shares valued at N22.63 million.

Zenith Bank followed with an account of 7.47 million shares worth N47.06 million, while Transcorp sold 7.41 million shares valued at N4.69 million.

Fidelity Bank exchanged a total of 6.20 million shares worth N11.11 million.

In all, the volume of shares traded closed lower with an exchange of 131.63 million shares valued at N899.49 million in 3,044 deals.

This was in contrast with 192.08 million shares worth N2.47 billion exchanged hands in 3,833 deals on Thursday.



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EKEDC warns against tampering with meters



Eko Electricity Distribution Company (EKEDC) on Friday said it had intensified efforts to curb cases of meter tampering by customers within its operational network.
Mr Godwin Idemudia, General Manager, Corporate Communications, EKEDC, in a statement issued in Lagos warned that those involved in such nefarious activities would face prosecution.
Idemudia said the warning follows the recent arraignment of three persons before an Ojo Magistrates’ Court on a four-count charge of conspiracy to commit fraud, impersonation, forgery and tampering with electricity installations.
He said the accused persons allegedly received the sum of N70,000 from unsuspecting customers who wanted to get their prepaid meters repaired and placed them on direct connection.
Idemudia said :” It is rather unfortunate that people go about parading themselves as our staff when they are not.
“We will go the full extent of the law and this will serve as a deterrent to others aiming to do same.”
He urged EKEDC customers to always go through the appropriate channels for all complaints or issues and make no form of payment to unauthorised persons or channels.
Idemudia also advised customers to report any staff or partners that make demands on them for EKEDC’s services via its social media platforms and other designated channels.
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Ekiti Cargo Airport to be ready in 18 months



Ekiti Government has said the ongoing construction of the Cargo Airport at Ipogun in Irepodun/Ifelodun Local Government Area would completed in 18 months.

Mr Bunmi Awotiku, the Special Adviser to the Governor on Airport Project, said this when Ekiti House of Assembly Committee on Works and Transport visited the site on Friday at Ipogun.

The News Agency of Nigeria reports that the project started in October 2019.

The Chairman of the House Committee, Chief Olugboyega Aribisogan, said that the airport was a timeless legacy, which would enhance the rapid transformation and development of the state.

Aribisogan, accompanied by other committee members, said they were at the site to examine the level of work done on the project.

The chairman assured that the Assembly would give necessary legislative support to the state Executive to enable it deliver the dividend of democracy to the people of the state

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