SweetCrude Weekly Edition

NDDC boss laments IOCs’ exit from Warri

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Port Harcourt -- The Managing Director of the Niger Delta Developmen­t Commission, NDDC, Dr. Samuel Ogbuku, has lamented that Warri, Delta State, was now a shadow of itself since most of the internatio­nal oil companies, IOCs, exited the city and moved their operations elsewhere.

Recall that Shell and Chevron in 2013 moved out of Warri and focused on the deepwaters on the excuse of hostile business environmen­t.

Ogbuku said this when he led a delegation of NDDC officials on a courtesy visit to the Olu of Warri, Ogiame Atuwatse III, in Warri, disclosing that the commission has set up a public/private partnershi­p, PPP, to drive developmen­t in the Niger Delta.

The NDDC boss stated that the commission was coming up with new ways of working with developmen­t partners to change the story of Nigeria’s oil-rich region.

He said it was necessary to visit the Warri monarch because the commission recognised the fact “that Warri kingdom is the hub of oil and gas activities in the Niger Delta region.”

"We have come up with a PPP committee to help change the narrative in the Niger Delta region. Today, our doors are open to new partnershi­ps through PPP. We have visited the NNPC to explore possibilit­ies of collaborat­ion with them.

“We are here to seek your support in reaching out to k e y stakeholde­rs in the Niger Delta region such as the Delta State Government and the Internatio­nal Oil Companies operating in your kingdom to support our PPP initiative­s," he said.

Ogbuku appealed to the monarch to assist in building

Dr. Samuel Ogbuku

partnershi­ps for the completion of the KokoOghoye Road project in Warri North Local Government Area, which would connect Warri to Escravos.

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