Sunday Aborisade, Abuja
The acting Managing Director of the
Niger Delta Development Commission, Mrs. Ibim Semenitari, on Thursday
told the joint National Assembly Committee on Niger Delta that all the
oil firms operating in the oil-rich region were not fully complying with
the law in their remittances to the commission.
The NDDC Act mandates the oil firms to
pay three per cent of their annual budget to the commission which is
expected to utilise same to carry out its mandate in the region.
But Semenitari lamented before the
Senate and the House of Representatives’ joint committees at an
interactive session that the oil firms were just remitting whatever they
like to the commission from inception.
She stated that the NDDC did not have
access to the annual budget of the firms and therefore urged the
National Assembly to assist the commission to get the fiscal document
from the firms so that the agency would be able to receive the accurate
remittances due to it.
Representatives of major oil firms
operating in the area such as Shell, AGIP, Total, SEPLAT, among others,
told the National Assembly joint committees that they had made their
remittances either in dollar or naira to the NDDC up till last year.
The joint committees took a swipe at the
NDDC for converting the dollar remittances from the oil firms into the
naira and wondered what exchange rates they used in doing the
conversion.
Specifically, the Chairman of the Senate
Committee on Niger Delta Affairs, Senator Peter Nwaboshi, queried the
NDDC boss for reading out the naira value of the dollar remittances of
Platform Oil Company.
Nwaboshi directed the NDDC management to
interact with the joint committees in order to obtain the correct
remittances due to it and confront the oil firms with the fact in order
to demand the appropriate payment.
He stressed the need for the oil firms
to respect the laws of the land by ensuring that they pay the accurate
funds due to the agency in order to solve the environmental and social
crisis affecting the people of the region.
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