Friday, April 24, 2026
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
  • Home
  • News
    • Foreign
    • Crime
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates
No Result
View All Result
Freedom Online
No Result
View All Result

Revealed: How AGIP Oil allegedly used cronies to take $80m paid by NNPCL out of Nigeria

Freedom Reporter by Freedom Reporter
June 20, 2024
in Breaking News
0

The House of Representatives Committee on Public Petitions has summoned AGIP Oil Company to appear before it on June 26,  over alleged $80 million owed to De Cooon Services Ltd.

Michael Etaba, Chairman of the Committee, expressed displeasure over non-payment and  non-appearance of AGIP oil at its investigative hearing in Abuja on Thursday.

De Coon is an indigenous company, run by Prof Nelson Onubogu, the managing director and chief executive officer of the company.

He said that not paying an indigenous company for a job well done and patronising foreigners for the same job was unfortunate.

The committee added that the act was capable of frustrating indigenous contractors, adding that it would not augur well to drive Nigeria out of business while encouraging foreigners.

He stated that it was high time Nigerians began to take themselves seriously.

Speaking on the issue, a member of the committee, Matthew Nwogwu, said that the non-appearance of AGIP was disrespectful.

“It’s unfortunate that people who are supposed to be accountable to Nigerians are not.

“When a committee like this is mandated by the constitution to handle issues concerning the lives of Nigerians, it summons an organisation but the refusal should call for worry.

“I don’t know who is protecting who but no one is above the law; the only people who have immunity are the governors and President”.

Onubogu, in his response, said the invitation was well advertised in the media, adding that AGIP deliberately shunned the public hearing.

He said the matter started more than five years ago, adding that a situation where a Nigerian company is being strangled by an Italian firm was unfortunate.

According to him, “they owe my company over $80 million paid by NNPCL. The NNPCL has paid the money but it was diverted out of Nigeria.

“AGIP Oil Company used some cronies to take this money out of Nigeria, and they refused to pay the Nigerian company.

“AGIP took all my cancelled contracts and gave them to my own staff while they were working for me.

“All I am saying here is that AGIP should pay my money; AGIP should be mandated by the NNPCL to pay my money.

“I will not settle for anything other than to get my full money.

“I don’t believe in middle ground; the right thing should be done; they are owing me, and they should pay my money and restore all my contracts as awarded to me.

“There are rules and regulations for terminating and awarding contracts.”

He said he was ready for a peaceful resolution of the impasse, provided AGIP obeyed, adding that no one could tell him to forgo his money.

Onubogu said that he believed that justice must be done in the matter.

Tags: Revealed: How AGIP Oil allegedly used cronies to take $80m paid by NNPCL out of Nigeria
Previous Post

Diamond Anniversary: NIPR inducts 605 new members, seeks end to quackery

Next Post

Harassment of Journalists: Centre, NUJ seek review of cybercrime Act

Next Post

Harassment of Journalists: Centre, NUJ seek review of cybercrime Act

Ododo

Ododo signs Anti-corruption Agency, Electricity Regulatory Commission Bills into Law

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://freedomonline.com.ng/wp-content/uploads/2026/04/VID-20260408-WA0025.mp4
https://freedomonline.com.ng/wp-content/uploads/2025/01/5aeac180-db4e-4e7c-bd37-07ddbf15b053.mp4

Popular Stories

Plugin Install : Popular Post Widget need JNews - View Counter to be installed

Latest Stories

Akpabio and Eno

Akpabio to Governor Eno: At 62, you embody the grace of God, quiet strength of purposeful leadership

April 23, 2026
Yahaya Bello

Yahaya Bello: Court fixes April 24 for ruling on EFCC’s plea to re-present exhibit to witness

April 23, 2026

Dapo Abiodun’s senatorial endorsement is ‘kangaroo arrangement’, insist Gbenga Daniel’s loyalists

April 23, 2026

Obasa: Hamzat is next Governor of Lagos

April 23, 2026

OAU 400-Level medical student dies during clinical examination

April 23, 2026

U.S./Israel-Iran war: Tinubu assures UAE, other Gulf states of Nigeria’s solidarity

April 23, 2026

Dangote, Museveni, Ruto, Zubairu meet in Kenya

April 23, 2026
Freedom Online

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.

Navigate Site

  • Home
  • News
  • Business
  • Politics
  • Health
  • Entertainment
  • Interview
  • Sports
  • Ad Rates

Follow Us

No Result
View All Result
  • #13921 (no title)
  • Advert Rates
  • APC ad
  • Archive Sitemap
  • Contact
  • Contact Us
  • Documents
  • Full Width
  • Homepage
  • Ogun State
  • Ogun State banner ad
  • P-A
  • P-A2
  • Privacy policy
  • Sample Page
  • Sample Page
  • Submit an article
  • Welcome

© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.