By Doris Ferdinand
Members of House of Representatives, Investigation Panel on Wednesday issued The Nigeria Natural Liquified Gas (NNLG) an ultimatum of 72 hours to furnish it’s members with her Financial Investment Decision Documents.
The 72hours ultimatum was issued to NNLG during an investigative hearing with the panel on the non inclusion of waste management and disposal in the LNG train 7 gas project.
Recall that The Nigeria Liquefied Natural Gas (NLNG) signed the engineering, procurement and construction (EPC) contract for Train 7 in May 2020. The project is expected to help boost the country’s liquefied natural gas output by more than 30%.
However, the investigation panel set up to look into Train 7 contract said they have had several correspondence with the NNLG but have observed the non inclusion of Final Investment Decision Documents (FIDD). They further requested for the provision of the documents which the company refused to make available. As a result, the Lawmakers got agitated and invited the company for further explanations.
In an attempt to clarify the Lawmakers, the company said;
“The way the lump sum contract works is this, it’s usually a bulk figure and you do not necessarily have cost allocated to each and every item you have in the contract. In putting together a lump sum bid, a lot of consideration come into play.
” For instance, you could have a ceiling fan which is valued at N20 million but security could be N2 million. The final objective is to see how you will put your figure together and arrive at lump sum.”
But the chairman of the panel, Hon. Jarigbe Agom not satisfied with such explanation said:
“On your FID documents, you captured waste management disposal on the project of the community and it’s environs, you have all of that under documents. We want to speak to the issues that concerns waste management and there is no way we can speak to the issues without looking at that document.
“We are a parliament and we ask accountant general of the federation to furnish us with documents and they come with those documents to us. So I don’t know what the reasons are that we cannot have those documents.” Agom added.
The panel thereafter gave the company an ultimatum of three days to provide the final investment documents.
Speaking with house correspondents, the chairman said:
“We are discussing the non inclusion of waste management and disposal in the NLG Train 7 gas project and we had earlier on ask them for Financial Investment decision Documents and they didn’t make it available for the committee.
“We are concerned with environmental hazards and non-inclusion of waste management and disposal in the NLG Train 7 gas project. And that was why we invited them here and we have given them an ultimatum of 72 hours to provide the final investment documents.
“The components of it that has to do with waste management in the Train 7 gas project, that is what we are concerned about. He reiterated.
