The House of Representatives has resolved to investigate alleged malpractices by Sterling Oil Exploration Company in the oil and gas sector.
The resolution was sequel to a unanimous reception of a petition by Social Justice and Civil Rights Awareness Initiative signed by Bar. Elozie Umegwa
The petition which was laid on the floor of the house by Rep. David Umar (PDP-Kaduna state) accused the company of alleged contract splitting, breach of local content law, contract racketeering among others.
“The petition is by Social Justice and Civil Rights Awareness Initiative and it is signed by Bar. Elozie Umegwa
“We want to lay this petition so that it can be investigated by the appropriate committee,” he said.
The petition also accused the company of circumvention reforms introduced by the Federal Government in the oil and gas sector.
The petition stated that the alleged illegal activities are taking place in 13 field development project located at Eastern Obolo in Akwa Ibom.
Some of the companies also listed for investigation by the petitioner include Silver Star Environmental Nig Ltd, Geo Mud Nigeria Ltd and United Oil Production Systems Ltd.
Others are, Parallel Runways Enterprises Ltd, Alacrity Production Systems Ltd, Cement Board Nig Ltd, Ashtavinayak Hydrocarbon Ltd, Prime Sources Construction and Infrastructure Ltd among others.
In his ruling, the Deputy Speaker, Rep. Benjamin Kalu referred the petition to the Committee on Public Petition for further legislative actions.
The committee is to investigate the alleged grave infraction hampering the development of the petroleum industry and contributing to the capital flight.