MANAGEMENT OF BAYELSA OIL COMPANY CALLS ON GOVERNOR DIRI’S INTERVENTION

Management of Bayelsa Oil Company Limited (BOCL) is calling on Governor Douye Diri to intervene in the conversion of Atala Marginal Field (OML 46) by some individuals to a private asset.

The acting Managing Director, Bello Akpoku on behalf of BOCL in a statement said the Atala Marginal Field has been plagued by uncertainties since it’s revocation by the Federal Ministry of Mineral Resources.

According to him, BOCL management had severally written to stakeholders and other principal officers to intervene in circumstances surrounding the Atala Field, including unpaid salaries to management and staff for two years.

Mr. Akpoku also said petition was also written to the Inspection General of Police, Economic and Financial Crimes Commission and other relevant security agencies to investigate activities of the individuals.

He noted that the Atala Field is capable of generating internal revenue of a minimum of five billion naira monthly, as well as employment opportunities for over 2,000 Bayelsans and become a magnet for mega investors in the oil and gas industry, and other allied sectors to catalyze the state into an industrial hub.

The acting MD noted that it is on this ground that the management and staff of BOCL is appealing to Governor Diri to rescue the Field to restore the state-owned oil company by investigating the activities of the former Managing Director, Sir Charles Dorgu.

He also advised Bayelsans to desist from the plot of reallocating the state-owned oil block for private use, disgracing the Izon nation and urged everyone to rally round the Governor in returning the oil block to Bayelsa state.

Mr. Akpoku also appealed to Bayelsans to approach the Federal High Court on the matter.