FG directs oil companies to relocate headquarters to Niger-Delta

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FG directs oil companies to relocate headquarters to Niger-Delta

Acting President, Prof. Yemi Osinbajo has directed the International Oil Companies operating in the Niger-Delta region to relocate their headquarters to their States of operation to mitigate tension in host communities.

Osinbajo, gave the directive at a Town Hall meeting in Uyo, Akwa Ibom State, on Thursday, during continuation visit to the region to dialogue with stakeholders.

The Acting President urged the Minister of State, Petroleum, Dr. Ibe Kachikwu to begin the process of engaging the International Oil Companies on the way forward to actualize the directive, saying “I think it is the right thing to do.”

He disclosed that, the Ministry of Petroleum is also working with major oil companies on several initiatives including; working on illegal refineries to establish modular refineries to achieve the desired result.

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