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September 29, 2021 Senate Tells International Oil Companies To Relocate Headquarters To Niger Delta

The senate has told international oil companies (IOCs) operating in the Niger Delta region to relocate their headquarters to their states of operation.

Passing this resolution during plenary session following the adoption of a motion sponsored by Albert Akpan, a lawmaker from Awka Ibom, the upper legislative chamber, was ostensibly reacting to calls by the oil-producing states for the relocation of the IOCs and their subsidiaries from Lagos and Abuja to the south-south region.

Championing the debate on the motion, Akpan said the relocation of the IOCs to their host communities will facilitate development in the areas.

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