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Rep Moves Motion For Oil Compaies’ HQ To Relocate To Niger Delta

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The representative of Degema/ Bonny Federal Constituency of Rivers State Hon. Farah Dagogo, has moved a motion that would mandate oil conglomerates to relocate to the Niger Delta region.

Dagogo submitted the motion to the leadership of the House alongside another motion, urging the Federal Government to liberalize investment in solid minerals.

He stressed that relocating oil companies to states where the majority of the oil comes from would afford the regulators to have a first-hand experience of ‘obnoxious and heinous policies’ they have visited on ‘oil-bearing communities and states’ that ‘now languish with devastation resulting from oil exploration activities’.

Dagogo also lamented that the activities of oil exploration has been detrimental to the host communities economically and health wise.

He explained “Sadly, they have relocated their operational headquarters from these areas where they have committed loads of atrocities to supposed safe havens. Revenues, job employments, tax applicable to the states and other benefits that could be used to assuage those affected by these practices are rather hosted in cities far from their exploitations. As a representative of those affected by these injustices, they have asked me to speak and I have started the process and I’m confident my colleagues in the House will key into it because it is all about the people.”

He further stressed that the motion on liberalizing investment in Solid Minerals would help Nigeria diversify from a mono economy.

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He said “As a member of the National Assembly, it is our duty to also speak for Nigerians. This is about the people, the people come first before political parties. That is what the motion on the need for the Government to liberalize investment in Solid Minerals is all about. Our focus should not be on only oil, we have gold, coal, iron ore, limestone, Bitumen and several others. If we tap from all of these, there will be supersonic economy boom. Massive employments, large scale investments and most fundamental, these incessant recourses to taking humongous loans to finance our budget will be fully addressed.”




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