Reps suspend investigation of AGIP | The Nation Nigeria

The House of Representatives has suspended investigation into an alleged breach of contract by Nigerian Agip Oil Company and failure to pay a local firm $30m following intervention of the Group Managing Director of the Nigeria National Petroleum Company in the face off between the two parties.

De Coon Services Limited had in a petition to the House, accused Agip of failing to pay $16.5m debt arising from what it described as a stop-gap contract awarded to it in 2010 and which was executed but the firm was not paid.Onubogu alleged he had been suppressed and intimidated to prevent him from getting paid and enjoying his rights.

He claimed despite interventions by the NNPC and other stakeholders, Agip refused to bulge but terminated the contract without paying his company.He said the contract was subsequently re-awarded to another company without due process.

Source: News Formal (newsformal.com)

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