Tag: total

  • Ecobank, Total partner on service delivery

    Ecobank Nigeria is partnering with Total Nigeria Limited to offer agency banking services at Total filling stations across the country.

    The bank will kick off with 100 stations carefully selected to ensure members of the public can carry out their financial transactions such as deposits, withdrawals and account opening at the outlets known as Ecobank Xpress Points. In addition, transfers to Ecobank and other banks, bill payments, airtime top up with ease in the selected locations.

    Announcing the partnership in Lagos, Executive Director, Consumer Banking, Ecobank Nigeria, Carol Oyedeji said the deployment of Ecobank Xpress Points via Total Nigeria locations is an extension of the bank’s distribution and financial inclusion strategy to take banking service to the doorstep of every Nigerian and African.

    She stated that the outlets will offer convenient and accessible financial services in a cost effective and secure manner. She reiterated that Ecobank is determined to extend the reach of its banking services to customers in remote and rural locations with its agency banking initiative. “To deliver our strategy of reaching 100 million customers by 2020, we have created innovative platforms, products and services, which are already serving a much larger customer base,” Oyedeji explained.

    Total Nigeria Plc’s General Manager Sales and Marketing, Adesua Adewole, explained that: “At Total, the team develops our network of service stations everywhere in Nigeria daily, to bring Total closer to its 200,000 daily customers. Becoming real one-stop shops, our 570 stations offer quality products and services tailored to their needs. She stated that the partnership with Ecobank is an illustration of one of Total’s strategies that will strengthen the cashless initiative of the Central Bank of Nigeria (CBN).

     

  • Firm sues NNPC, Total over contract

    An oil and gas consultancy firm, Contraco Limited, has sued the Nigerian National Petroleum Corporation (NNPC) and others at the Lagos High Court for $31 million (about N11.16 billion) for allegedly denying its client a contract it won after a competitive bid.

    The others are Total Upstream Nigeria Limited, Samsung Heavy Industries Company Nigeria Limited and Hyundai Heavy Industries.

    The suit before Justice S.S. Ogunsanya is over a contract for the supply of an Oil Offloading Terminal for OML 130 (Egina Field Development).

    The contract, worth $3.9billion, with a capacity of 200,000bpd, was awarded to Samsung.

    It is the largest Floating Production Storage Offloading unit ever installed in Nigeria and the largest FPSO built by the Total Group worldwide.

    Contraco said Total published an invitation in 2009 for tender pre-qualification for the contract, which was a production sharing contract between Total and NNPC for the supply of an Oil Offloading Terminal for OML 130 – Egina Field Development.

    Hyundai indicated interest in the Tender and commenced talks with the Contraco to act as its consultants to the bid which was done in 2011.

    According to Contraco, at end of the evaluation of the commercial bids, its client, Hyundai, was adjudged to be the lowest responsive evaluated bid.

    The plaintiff said by Section 24 (3) of the Public Procurement Act, its client won the bid and should ordinarily have been awarded the contract.

    Contraco said when the NNPC continued to delay the contract, Hyundai wrote former President Goodluck Jonathan on July 29, 2012 to ensure that it was awarded the contract on time.

    The claimant said rather than award the contract to Hyundai, NNPC gave Samsung the opportunity to amend its bid without giving Hyundai the same opportunity, a move which the plaintiff said contravenes the Public Procurement Act.

    Contraco said since NNPC and Total had allegedly illegally seized the contract from Hyundai, it (Contraco) was denied one per cent commission which would have been $31million.

    The plaintiff, therefore, prayed for “an order against the defendants for payment of the sum of $31m being  one per cent commission the plaintiff would have realised having fulfilled its obligation under the Consultant Agreement dated April 11, 2012 but for the defendants’ intentional interference with the Consultant Agreement dated April 11, 2012 between the plaintiff and the 3rd defendant.”

    It also asked the defendants to pay N30million as cost of its legal fee.

    Total and Hyundai have entered conditional appearances and have filed preliminary objections challenging the competence of the action on jurisdictional grounds.

    They are also challenging the plaintiff’s locus standi (legal right) to file the claim.

    The case will come up on June 21.

  • NSE: Seplat loses N35 to lead losers’ chart

    Some major oil stocks recorded price depreciation on the Nigerian Stock Exchange ( NSE ) on Tuesday with Seplat leading the losers’ table.

    Seplat lost N35 to close at N665.10 per share.

    Mobil came second with a loss of N7.50 to close at N177, while Total was down by N3.70 to close at N240 per share.

    International Breweries dipped N2.85 to close at N54.15, while Guinness depreciated by N2 to close at N103 per share.

    Consequently, the market capitalisation shed N76 billion or 0.51 per cent to close at N14.899 trillion against N14.975 trillion.

    Also, the All-Share Index opened at 41,454.30 dropped 211.06 points or 0.51 per cent to close at 41,243.24.

    On the other hand, Nestle led the gainers’ table during the day, improving by N19 to close at N1, 339 per share.

    GlaxosmithKline followed with a gain of N2.85 to close at N30.90, while Forte Oil gained N1.90 to close at N41.90 per share.

    MRS Oil increased by N1.35 to close at N28.35, while Cement Company of Northern Nigeria added 90k to close at N19.65 per share.

    Japaul Oil and Maritime was the toast of investors, exchanging 80.29 million shares worth N58.08 million.

    Zenith International Bank followed with an account of 59.85 million shares valued at N1.79 billion, while FBN Holdings traded 24.33 million shares worth N301.22 million.

    Transcorp exchanged 22.22 million shares worth N42.42 million, while Access Bank sold 16.691 million shares valued at N189.70 million.

    In all, the volume of shares traded dropped by 7.12 per cent with an exchange of 352.89 million shares worth N4.14 billion in 4,807 deals.

    This was against the 379.93 million shares valued at N5.13 billion transacted in 4,913 deals.

    NAN

  • Senators laud Total, partners on Egina FPSO

    The Senate Committees on Gas and Petroleum Resources (Upstream) have commended Total and its partners for the progress made in the completion of the Egina Floating Storage, Production and Offloading (FPSO) vessel, being finalised at the Samsung Heavy Industries (SHI) shipyard in LADOL Free Zone, Lagos.

    The Senate Committee Chairman on Petroleum Resources (Upstream), Senator Omotayo Alasoadura, and his counterpart, Senate Gas Committee Chairman, Senator Barnabas Gemade, led their committees’ members on an inspection of the 330m-long Egina FPSO, where they expressed delight with the pace of work on the unit and its massive Nigerian content.

    “Seeing the Egina FPSO has shown that a good investment has been made to ensure that Nigeria moves deeper and deeper into the sea to exploit its God-given endowment of oil,” Senator Alasoadura said, pointing out that touring the FPSO facility had been a very wonderful experience.

    “I believe that with Egina going operational very soon, Nigeria will be able to meet its quota not only to the Organisation of Petroleum Exporting Countries (OPEC), but also will have enough to meet its other commitments. I believe that it is a good project and Total has done a great thing bringing such a facility to Nigeria for integration of locally fabricated modules, making it first in Africa. This milestone has brought us to where we should be as the giant of Africa,” he added.

    On the local content work being done on the project, Senator Alasoadura said: “It is massive development of capacity. You cannot do much for local development without building capacity and that has been done by giving Nigerians the opportunity to build part of what we are seeing here today. I am sure the next time it will take less money and time to build something similar because of developed capacity.”

    Senator Gemade said: “We are very excited about the participation of Nigerians that are technically qualified in major and huge projects like Egina. This impact cannot just be swept under the carpet.Those responsible for actualising this project must be commended.”

    The Managing Director of Total Upstream Companies in Nigeria, Mr. Nicolas Terraz, thanked the senators for taking the time to visit the Egina FPSO saying, “What you are seeing here is a product of the hard work of our staff, many of whom are Nigerians, along with our very supportive partners and Nigerian authorities.”

    Other senators on the visit were Senators Gershom Bassey, Magnus Abe, Samuel Egwu, Peter Nwaoboshi, Benjamin Uwajumogu, Baba Garbai, Ogola Foster and Ibrahim Kurfi.

    Being the first project to be launched after the enactment of the Nigerian Oil & Gas Industry Content Development Act in 2010, the ongoing integration and work on the Egina project pushes the Nigerian local content on the project to the highest level and has set a benchmark for the Nigerian oil and gas industry.

  • Total Nigeria retains N5.77b dividend payout despite 46% drop in profit

    Total Nigeria retains N5.77b dividend payout despite 46% drop in profit

    The board of directors of Total Nigeria Plc has recommended payment of final dividend of N4.75 billion to shareholders, bringing the total dividend payout for the 2017 business year to N5.77 billion. The company had also paid N5.77 billion as cash dividend to shareholders in 2016.

    The breakdown of the dividend recommendation indicated that shareholders will receive a final dividend of N14 per share. The company had earlier distributed N1.02 billion as interim cash dividend, representing interim dividend of N3 per share.

    Key extracts of the audited report and accounts of Total Nigeria for the year ended December 31, 2017 showed a top-down decline in performance. Turnover dropped marginally from N290.95 billion in 2016 to N288.06 billion in 2017. Profit before tax dropped by 42 per cent from N20.35 billion in 2016 to N11.8 billion in 2017 while profit after tax declined by 46 per cent from N14.8 billion to N8.02 billion. Earnings per share also declined by 46 per cent from N43.58 in 2016 to N23.62 in 2017. However, the company’s shareholders funds improved by 20 per cent from N23.57 billion to N28.23 billion.

    The company blamed the decline on tough operating environment in 2017 citing economic recession and its consequent contraction of the downstream market.

    The company also stated that scarcity of Premium Motor Spirit (PMS) due to high landing cost compared to the template, foreign exchange scarcity that hindered importation and high financial costs due to increase in bank lending interest rates impacted negatively on the company’s performance.

    Managing Director, Total Nigeria Plc, Jean-Philippe Torres, said Total Nigeria is committed to ensuring total customer satisfaction by the creation of quality products and services delivered with a strong commitment to safety and respect for the environment.

    According to him, the overall objective of total customer satisfaction drives all the company’s actions and the mutual acknowledgement of them by its partners forms the basis for their business relationships.

    “To sustain this objective and our leadership of the market, our commitment is to build and sustain a work culture firmly rooted in professionalism, respect for employees, internal efficiency and dedicated services,” Jean-Philippe Torres said.

  • Senators praise Total, partners on Egina FPSO

    The Senate Committees on Gas and Petroleum Resources (Upstream) have commended Total and its partners for the remarkable progress made towards the completion of the Egina Floating Storage, Production and Offloading (FPSO) vessel, which is currently being finalized at the Samsung Heavy Industries (SHI) shipyard in LADOL Free Zone, Lagos.

    who is chair of The Senate Committee Chairman on Petroleum Resources (Upstream), Senator Omotayo Alasoadura, and his counterpart, Senate Gas Committee Chairman, Senator Barnabas Gemade, led their committees members on an inspection tour of the 330m-long Egina FPSO, where they expressed delight with the pace of work on the unit and its massive Nigerian content profile.

    “Seeing the Egina FPSO has shown that a good investment has been made to ensure that Nigeria moves deeper and deeper into the sea to exploit its God-given endowment of oil,” Senator Alasoadura said, pointing out that touring the FPSO facility had been a very wonderful experience.

    “I believe that with Egina going operational very soon, Nigeria will be able to meet its quota not only to the Organisation of Petroleum Exporting Countries (OPEC) but also will have enough to meet its other commitments. I believe that it is a good project and Total has done a great thing bringing such a facility to Nigeria for integration of locally fabricated modules, making it first in Africa. This milestone has brought us to where we should be as the giant of Africa,” he added.

    On the local content work being done on the project, Senator Alasoadura said: “It is massive development of capacity. You cannot do much for local development without building capacity and that has been done by giving Nigerians the opportunity to build part of what we are seeing here today. I am sure the next time it will take less money and time to build something similar because of developed capacity.”

    In his remarks, Senator Gemade said: “We are very excited about the participation of Nigerians that are technically qualified in major and huge projects like Egina. This impact cannot just be swept under the carpet. Those responsible for actualising this project must be commended.”

    The Managing Director of Total Upstream Companies in Nigeria, Mr. Nicolas Terraz, thanked the senators for taking the time to visit the Egina FPSO saying, “What you are seeing here is a product of the hard work of our staff, many of whom are Nigerians, along with our very supportive partners and Nigerian authorities.”

    Other senators on the visit were Senators Gershom Bassey, Magnus Abe, Samuel Egwu, Peter Nwaoboshi, Benjamin Uwajumogu, Baba Garbai, Ogola Foster and Ibrahim Kurfi.

    Being the first project to be launched after the enactment of the Nigerian Oil & Gas Industry Content Development Act in 2010, the ongoing integration and work on the Egina project pushes the Nigerian local content on the project to the highest level and has set a benchmark for the Nigerian oil and gas industry.

  • Total ‘committed to better energy’

    Total ‘committed to better energy’

    Total Nigeria Plc has said the building of a hybrid solar system in Lagos is part of its commitment to better energy.

    The company said the high-end infrastructure would reduce energy costs by at least 30 per cent.

    The hybrid solar system was inaugurated in Lagos on October 24, last year.

    Total also installed at its corporate head office in Lagos last December, another system which utilises 333 Sunpower PV modules, which has also reduced the energy costs by 25 per cent.

    The installation was inaugurated on December 9, last year.

    In a statement, the organisation said: “Both solutions are complete hybrid solar photovoltaic solutions, which require a proper integration and perfect synchronisation of the different sources of electricity (solar panels, diesel generators and grid). It ensures a flawless stability of the plant’s micro-grid at any given time. This has in turn also helped to optimise the cost of energy.

    “In spite of space constraints, Total Nigeria Plc was able to achieve these capacities, using high efficiency Sunpower photovoltaic modules. The installation of the 109 kWp was achieved on an area of 550m2, while the 118 kWp of solar power was achieved on an area of 600m2 with only 360 modules. These panels have 40 years lifetime expectancy.

  • Total retains N5.77b dividend payout despite 46% drop in profit

    Total Nigeria PLC Board of Directors has recommended payment of final dividend of N4.75 billion to shareholders, bringing the total dividend payout for the 2017 business year to N5.77 billion. The company also paid N5.77 billion as cash dividend the previous year.

    The breakdown of the dividend recommendation indicated that shareholders will receive a final dividend of N14 per share. The company had earlier distributed N1.02 billion as interim cash dividend, representing interim dividend of N3 per share.

    Key extracts of the audited report and accounts of Total Nigeria for the year ended December 31, 2017 showed a top-down decline in performance. Turnover dropped marginally from N290.95 billion in 2016 to N288.06 billion in 2017.

    Profit before tax dropped by 42 per cent from N20.35 billion in 2016 to N11.8 billion in 2017 while profit after tax declined by 46 per cent from N14.8 billion to N8.02 billion. Earnings per share also declined by 46 per cent from N43.58 in 2016 to N23.62 in 2017. However, the company’s shareholders funds improved by 20 per cent from N23.57 billion to N28.23 billion.

    The company blamed the decline on tough operating environment in 2017 citing economic recession and its consequent contraction of the downstream market.

    The company also stated that scarcity of Premium Motor Spirit (PMS) due to high landing cost compared to the template, foreign exchange scarcity that hindered importation and high financial costs due to increase in bank lending interest rates impacted negatively on the company’s performance.

    Total Nigeria Plc Managing Director, Jean-Philippe Torres, said the company is committed to ensuring total customer satisfaction by the creation of quality products and services delivered with a strong commitment to safety and respect for the environment.

    According to him, the overall objective of customer satisfaction drives all the company’s actions and the mutual acknowledgement of them by its partners forms the basis for their business relationships.

    “To sustain this objective and our leadership of the market, our commitment is to build and sustain a work culture firmly rooted in professionalism, respect for employees, internal efficiency and dedicated services,”  Torres said.

     

  • Imperative of total restructuring

    It was believed that after the 1914 amalgamation of Nigeria, the amalgamation would be due for review or restructuring in 2014. The late Professor Tekena Tamuno, FNAL, a renowned historian was appointed to chair the 100th anniversary and probably review of Nigeria’s amalgamation and destiny by President Jonathan on the eve of the centenary celebration. In celebrating that anniversary, Prof. Tamuno delivered the lead lecture at the Nigerian Academy of Letters’ Annual Lecture on “Nigeria’s First Century: Critical Pluses and Minuses”, in Abuja on March 7, 2013 published in Nigeria in Evolution, Nigerian Academy of Letters Publication.

    In his lecture, Tamuno proposed what he considers more appropriate and more realistic name for amalgamated Nigeria. He set out some requirements to the effect that Nigeria must be widely seen as ready, with effect from January 1, 2014, to give a new name to their beloved “re-shaped and reinvigorated country”, which shall be named by the title “The Commonwealth of Nigeria” (Democratic Republic of Nigeria). Thereafter, its rightful owners shall be “we the people” as opposed to the unitary constitution foisted on Nigeria in 1999. With wide acceptance of this cardinal principle in our constitutional making, a proper role shall emerge to ensure the legitimacy of the unique new name and new constitution as Nigeria’s next outing or second coming in 2014. We are now in 2018, four years in default of a new constitution.

    It is interesting to know that the issue of restructuring that should have followed the expiration of 100 years of Nigeria’s amalgamation in 1914 has been kept in the cooler for selfish rather than national interest. The question has been, “who is afraid of restructuring?” Fortunately, what has now forced the issue of restructuring to limelight after four years of the life span of amalgamation in December 31, 2013, were Buhari administration’s lopsidedness, crass nepotism, favourism, clannishness, ethnic and religious cleavage. Even the reluctant gesture of his administration to suddenly accede to restructuring through a committee headed by Kaduna State governor, Nasir El-Rufai is highly suspect, owing to the lack of trust and confidence in his administration. Why is the president who has been a die-hard anti-restructuring crusader, now suddenly make a u-turn after 2 ½ years of brutal authoritative silence and anti-restructuring posture which runs counter to APC’s manifesto that had prompted many electorate, including the present writer, to vote massively for Buhari and the APC in 2015? It was believed that the APC would complete President Jonathan’s unfinished work.  Unfortunately, this was not to be.

    As of now the party, having wasted valuable time because of its leadership’s reluctance to embrace the popular will of restructuring, finds itself under extreme pressure to do the needful, just only a year to the presidential and other elections. On the issue of restructuring, some strong forces within the new political alliance (handshake across the Niger) from the Middle Belt (North Central) have said: “The military gave us the 1999 constitution; we need to have the people’s constitution which will spell out devolution of power and enthrone true federalism. The question of restructuring is not debatable, it is a deal that must be done and it is not in the hand of one person (Buhari, mine). We must have a future for our children and Nigeria must be in unity”. In the same vein, the leader of Middle Belt Forum, Timothy Gwandu, who hails from Southern Kaduna, while looking at the matter from the perspective of population, stated: “The 2006 census gave Southwest 22.5 million people, Southeast 16.3 million people, South-south 21 million people and North-central 33.9 million people, making it a total of about 99 million people while the Northwest had 33.4 million people and Northeast 11 million people, making a total of about 44 million people”. He therefore wondered how 99 million people will say yes to restructuring while 44 million will be saying no. He said the people of Southern Kaduna are in far more slavish condition than the rest of the country (See New Telegraph, February, 15 2018, p. 16, from “The Symbolic Hand Shake (across the Niger) pp 11 & 16).

    In spite of the advantage derived from skewed population figure based merely on land mass without human habitants in the north and which is the mother of all restructuring, religion and ethnic divide has affected the unity of the North, and this unfortunate situation has been compounded by the nefarious activities of the Fulani herdsmen who operated mainly in the North-central and some other Christian states in the Southwest, Southeast and South-south, but whose operation in the North-central, according to Prof. Abdulahi, has divided the North.

    If the activities of the herdsmen have divided the North, it has also divided Nigeria into North and South, including the North-central who have joined the new phenomenon of symbolic hand shake across the Niger, a phenomenon that may   trigger a loud and clear unified cry “to your tents oh Isreal”, unless Nigeria is truly restructured with the birth of true federalism. That would keep Nigeria together in their unity in diversity. Therefore, from all indications and available evidence, ranging from injustice, cheating, crass nepotism, clannishness, sectionalism, ethnic and religious cleansing to indiscriminate killings of innocent farmers, women and children with impunity by the Fulani herdsmen, the clarion calls for justice through restructuring by the affected states in these regional zones has become a done deal and a foregone conclusion. Anything to the contrary is now unimaginable as restructuring, through true federation, devolution of power, resource control and other ingredients that would ensure peace, unity in diversity and rapid developments in each of the federating units or regions of Nigeria as in Malaysia, Singapore and the rest of the Asian Tigers who have used unity and diversity in their countries for maximum profit.

    It is believed that lack of restructuring has led to a section of the country keeping Nigeria, with its “large population” educationally, scientifically and technologically backward, and even in sports. What we have now is underdevelopment as a whole, and the sorry case of forward never, backward ever! Having woken from their dogmatic slumbers, intellectually sophisticated Nigerians have been awakened to the stark reality that, without proper and total restructuring, Nigeria is heading to what Tamuno describes as “a critical point of darkness with serious implication for the security, safety and peace of society and the state”. In my view, any organism that ceases to fight for their existence is doomed to extinction. By the same token, any groups or section of the federating units which cease to fight for their existence is equally doomed! In all the circumstances, therefore, we can argue that truth in the matter of restructuring which, from all indications, is a done deal, can be resolved by means of a conflict for which well meaning, patriotic and detribalized Nigerians are well prepared, perfectly armed with potent intellectual weaponry. Nigerians have spoken and said enough is enough.

     

    • Makinde, FNAL, is a retired professor of philosophy, Ile-Ife.

     

  • Reps to investigate Total E&P for neglect

    Reps to investigate Total E&P for neglect

     

    The House of Representatives has condemned the total  neglect and deliberate underdevelopment of oil-producing communities in Andoni Local Government Area (LGA) of Rivers State by Total Exploration and Production (E&P) Nigeria Ltd.

    Consequently, House Committees on Local Content and Legislative compliance have been mandated to investigate the allegations and the local content components of the projects in the area.

    The lawmakers opined that the investigation was aimed at  ensuring that Total E&P Nigeria Limited do include the youth of Andoni in its recruitment process of both graduate and non-graduate staff, award contracts to Andoni indigenes, embark upon capacity building and community development projects.

    According to the lawmakers, Total E&P Ltd has deliberately breached the Nigerian Oil and Gas Industry Content Development Act (NOGICD), 2010 with its condemnable  treatment of the host communities.

    This followed the adoption of a motion  by Awaji-Inombek Abiante (PDP, Rivers), who regretted that despite over 27 years of continuous oil and gas extraction and operation, Total E&P Ltd has not executed cumulative developmental projects worth up to N200m in towns of the host communities, despite the profit of billions of dollars from its operations in communities in Andoni Local Government Area of Rivers State.

    Saying that Andoni Local Government Area of Rivers State is one of the Oil Producing areas in the country, Abiante recalled that Total Exploration and Production Limited, formerly known as Elf Petroleum Nigeria Limited established the Amenan/Kpono oil platform as far back as 1990 in the community and the adjoining territorial waters as well as drilled several inherent and associated oil wells in the area including Usan, Asobo among others.

    He said: “The Amenan/Kpono fields established upon Oil Mining Lease (OML) 99 and 70 is one of the largest conventional offshore developments in West Africa and from official records, from 2003 till date and at a rate of 125,000 bpd, Total has produced over 500 million barrels of crude oil from the said facility as well as a larger quantity of gas from the field.

    “Out of over fifty 50 contractors and sub-contractors that worked for Total in establishing the platform and are still working for it in its operations, not one was or is of Andoni extraction contrary to the provisions of Section 3(2), 25, 26, 27, and 28 of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010.

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    “It is also observed that official government records confirm that from 1990 when it established the Amenam/Kpono platform till date, spanning over 27 years of continuous oil and gas extraction and operation, Total E&P Ltd has not executed cumulative developmental projects worth up to N200m in towns of the host communities, despite the profit of billions of dollars from its operations in the communities.

    “The Local Government is the host of the proposed Egina Field and same situation that applied to the establishment of Akpo field and all the previous fields by Total has also applied and is being implemented in respect of the Akpo, Egina and Ofon 2 fields situated within the waters of Andoni environment in terms of naming of the facilities, contracts, capacity building, employment and development projects.

    “Whereas Phase 1 of the Akpo oil field which produces 145,000 bpd of crude oil is situated off Andoni Coastal waters, Total elected not to inform or consult with the communities of the commencement of either phase of the development and operations of the fields, thus keeping the people out of the environmental impact assessment studies and issues and local content components of the projects as the host communities by way of capacity building, employment, contracts, developmental projects and every other benefits as provided for in the laws.

    “Total has not maintained a good relationship with the host communities and by the current estimates, the projects are estimated to be worth over $3.5 billion and projected to create over 50,000 jobs, but currently, Total E&P and its Joint Venture partners Free Zone Enterprises have commenced staff recruitment without employing a single Andoni indigene.

    “Andoni Local Government Area has lately been beset by uncontrolled cult activities, unprecedented armed robbery, kidnappings, reprisal killings, mayhem and destruction engendered by joblessness and lack of meaningful means of  livelihood for the teeming youth population and also Total’s failure to award contracts to them, build their capacities and provide the needed community development and opportunities is a direct invitation for youth restiveness which is imminent if the issues are not quickly addressed”.

    The investigative committees were given six weeks to carry out the assignment and report back for further legislative action.