{"id":87468,"date":"2021-09-29T05:28:44","date_gmt":"2021-09-29T04:28:44","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=87468"},"modified":"2021-09-29T05:28:44","modified_gmt":"2021-09-29T04:28:44","slug":"relocate-headquarters-to-niger-delta-senate-tells-international-oil-companies","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2021\/09\/29\/relocate-headquarters-to-niger-delta-senate-tells-international-oil-companies\/","title":{"rendered":"Relocate headquarters to Niger Delta, senate tells international oil companies"},"content":{"rendered":"<p>The senate has called on international oil companies (IOCs) operating in the Niger Delta region to relocate their headquarters to their states of operation.<\/p>\n<p>This resolution was passed by the upper legislative chamber during plenary session on Tuesday following the\u00a0adoption of a motion sponsored by Albert Akpan, lawmaker from <a href=\"https:\/\/www.withinnigeria.com\/news\/2021\/09\/28\/gunmen-kidnap-councillor-in-akwa-ibom\/\">Awka Ibom<\/a>.<\/p>\n<p>Recall that there have been calls by\u00a0the oil-producing states for the relocation of the IOCs and their subsidiaries from Lagos and Abuja to the south-south region.<\/p>\n<p>Vice-President Yemi Osinbajo in March 2017 also joined the call and noted that such development will mitigate tension in host communities.<\/p>\n<p>Leading the debate on the motion on Tuesday, Akpan said the relocation of the IOCs to their host communities will facilitate development in the areas.<\/p>\n<p>He said the IOCs ought to relocate to the region, because they once operated there before they left \u201cdue to some reasons\u201d.<\/p>\n<p>\u201cThe companies attributed their operation outside their host communities to insecurity and hostilities in the host communities,\u201d he said.<\/p>\n<p>\u201cTheir operation outside of host communities and operational base accounted for the high cost of oil and gas production.<\/p>\n<p>\u201cThis is a big setback to the country\u2019s oil and gas industry and it is militating against maximum revenue from crude oil and gas sales to the federation account.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The senate has called on international oil companies (IOCs) operating in the Niger Delta region to relocate their headquarters to their states of operation. This resolution was passed by the upper legislative chamber during plenary session on Tuesday following the\u00a0adoption of a motion sponsored by Albert Akpan, lawmaker from Awka Ibom. Recall that there have [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":59149,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[110,8553,18560,588],"class_list":["post-87468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-akwa-ibom","tag-oil-companies","tag-oil-producing-states","tag-senate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Relocate headquarters to Niger Delta, senate tells international oil companies<\/title>\n<meta name=\"description\" content=\"The senate has called on international oil companies (IOCs) operating in the Niger 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