Traditional rulers urges Senate to stop oil bloc allocation probe!

It is not news that the senate committee on petroleum upstream, headed by Emmanuel Paulker has commenced a probe into allegations that the Minister of Petroleum, Diezani Allison Madueke illegally transferred four oil blocs which amounts to the sum of N58.9 trillion to Atlantic Energy Drilling Concept Limited, owned by Jide Omokore.

However a group of traditional rulers from Ndokwa in Delta State on Tuesday said the probe is unnecessary as the transfer meets the requirement for local content which is an act of the National Assembly.

They also argued that transferring oil blocs to Nigerian owned company will further help the plight of host communities since they are Nigerians, they will understand the needs of the people better.

They however urged the National Assembly to abandon the probe and instead make efforts to pass the Petroleum Industry Bill (PIB) to strengthen the nation’s petroleum sector.