Intels Denies Sponsoring OGFZA Act Amendment, CEO Sack

Intels Nigeria Limited has described allegations that it was sponsoring the proposed Bill to amend the Oil and Gas Free Zones Authority (OGFZA) Act as “ridiculous, preposterous and laughable.”

In a statement issued through its Media Consultant, Mr. Bolaji Akinola, Intels said those behind the allegation are “disgruntled elements” who are not interested in the advancement of the oil and gas sector.

“It is an insult on our distinguished and honourable members of the National Assembly for anyone or group to insinuate that they are being tele-guided by a company to do their job. Nigeria is endowed with highly intelligent and patriotic lawmakers who have engaged themselves studiously to enact laws that will advance good governance and the nation’s economic well being. It is therefore totally wrong for anyone to suggest that they are doing the bidding of a corporate entity. It is a great insult,” the company said.

According to the company, the news going round that its Chief Executive Officer has been sacked is fake and malicious.

Intels said since public hearings are part of the process of lawmaking, those who are not happy with the proposed amendment should send their positions to the legislature.

“The desperation and guerilla tactics these few people have resorted to over the proposed OGFZA Bill amendment are uncalled for. They are at liberty to simply send their positions in support or against the amendment to the distinguished lawmakers rather than trying to disparage the lawmaking process or trying to discredit an innocent organization that is fully occupied with making its contributions to the nation’s economic advancement,” it said.

“As a law abiding corporate citizen of this country, we have submitted ourselves to regulation and will continue to cooperate fully with authorized government agencies. The question to ask is: why are those crying wolf where there is none, afraid of being regulated?” Intels said.