EXPOSED!!! How Indorama Petrochemical Fertiliser Company Is Making Over N2 Billion Every Three Days Without FG Being Aware

Follow 9News Nigeria On Social Media

Social sharing

…. As Comrade Agi Calls for the immediate arrest of the M/D CEO Marnish Mundra of Indorama Petrochemical Fertiliser Company

…… Petitions EFCC and and AGF

The National Coordinator of Niger Delta IOCs Investigations, Comrade Agi Bestman has accused Indorama Petrochemical Fertiliser Company of making over N2 Billion naira every three days without the knowledge Of the President Muhammadu Buhari’s led administration.

Speaking to journalists on Friday, Comrade Agi called on the Economic and Financial Crime Commission, EFCC, the Attorney General Of the Federation Abubakar Malami, SAN who doubles as Honourable Minister of Justice to urgently set up a committee to investigate Indorama Petrochemical Fertilizer Company in Rivers State Nigeria.

Comrade Agi said Indorama Petrochemical Fertilizer Company laid a pipe from Nigeria Agip Oil Company Flow Station in OB OB Omoku Gas Plant to Port Harcourt, precisely with 16″ gauge Gas pipe from OB OB Omoku to Ndorama company yard in Port Harcourt Rivers State.

According to Comrade Agi, “Nigerian Agip Oil Company has been supplying gas to Indorama since 2016 till date, directly to Indorama company yard in Port Harcourt.”

“It is painful to note that despite the Economic challenges facing Nigeria, a company is short changing Nigeria through illegal extraction of Natural Gas on daily basis without paying Royalties to Federal Government Of Nigeria on monthly basis. The volume of gas being extracted on daily basis in Indorama yard in Port Harcourt stands unknown, not quantified, no meter gauge, no metering company. What a hell of Economic sabotage by an Indian company in Nigeria.”

READ ALSO  Nigeria's "Oil Curse": 'Paradox of Plenty' or 'Poverty of Paradox'?

“This is a company that makes over two billion naira every three (3) days from sells of Nigerian Natural Gas, while Nigerians are looking for food to eat, boys are on the streets committing all kind of crimes, some calling for separation as a result of poverty.”

“Many production factories are buying raw materials for their productions services from Indorama, which is the raw materials coming from the natural Gas Agip is supplying to Indorama on daily basis, through the Gas pipe laid from OB OB Omoku flow station to Ndorama yard in Port Harcourt Rivers State Nigeria.”

Speaking further, Comrade Agi Bestman questioned the reason the Federal Government of Nigeria is borrowing money while Nigerian natural resources is excess?

He said the production volume of Oil and Gas in Nigeria if ascertained is excess but he is surprised that the Federal government is finding it difficult to swing into actions and stop the infractions from all the IOCs that has planned to impoverish Nigeria.

Comrade Agi pleaded with the EFCC Chairman, Abdulrasheed Bawa and AGF, Abubakar Malami to order for immediate closure of the pipe supplying gas and shut down the Indorama operations in Rivers State pending when Nigeria Agip Oil company and Indorama clear the air.

READ ALSO  BREAKING!!! Nollywood Legend ,  Amaechi Muonagor Reportedly Dead (Photo)

Agi appeals to AGF and EFCC Chair to initiate a new paradigm of investigations over this illegal Gas extraction, possibly arrest the Managing Director (MD) Mr Marnish Mundra of Indorama Petrochemical Fertilizer Company of Nigeria.

Recall that the Chairman of Indorama Cooperation, Sri Prakash Lohiacame to Nigeria between in 2015 for the inauguration of 1.5billion dollars projects.

Leave your comment on this post

THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN

WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.

Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi

The economic crisis and hardship in Nigeria are parts of the discussion.


Watch, leave your comments, and share to create more awareness on this issue.


#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com

Leave your comment

Click on the link below or Scan the QR Code to join the 9News Nigeria WhatsApp Channel

9News Nigeria Investigative Reports WhatsApp Channel
9News Nigeria Investigative Reports WhatsApp Channel
About Wisdom Nwedene 11518 Articles
Wisdom Nwedene studied English Language at Ebonyi State University. He is a writer, an editor and has equally interviewed many top Nigerian Politicians and celebrities. For publication of your articles, press statements, contact him via email: nwedenewisdom@gmail.com

Be the first to comment

Leave your comment