Group Writes Energy Sector Regulators Over STG’s Forced Liquidation

0
214

STG%20Group%201 Group Writes Energy Sector Regulators Over STG’s Forced Liquidation

Campaign Against Calumny, an interest group, has written letters to regulators in the energy sector, demanding urgent action to protect the country’s economy.

This was contained in a statement by Shina Loremikan, Coordinator of Campaign Against Impunity.

According to the statement, the organisation said it had observed happenings in the sector with interest and over the past months and urged regulators in the oil and gas, and maritime sectors, “to take urgent actions in protecting the country’s business environment by wading into the unfolding crisis involving the forced liquidation of an indigenous company, Sea Trucks Group (STG), by a number of expatriates”.

The group said it had written letters to critical actors and regulators in the sector, including the leadership of the Nigerian National Petroleum Corporation (NNPC), the National Petroleum Investment Management…



Read More…..Sahara Reporters