Rowdy Session Mars NASS Probe Of $4.451bn NLNG Project 7

0
21

Rowdy Session Mars NASS Probe Of $4.451bn NLNG Project 7

CHIGOZIE AMADI

 A rowdy session and disagree­ment dogged Thursday probe of $4.451 billion Nigeria Liquified Natural Gas (NLNG) Project 7 by the National Assembly Joint Committees of the Senate and the House of Representatives.

For over an hour, the Joint Committees of the Senate and House of Representatives con­ducting the probe went into two separate close door meetings with the NLNG officials led by NLNG Project Director, Ali Uwais, as well as the contractors handling the project.

However, having failed to get the information they required, the committees, in a resolution, agreed to formally make their requests known to the NLNG in terms of document and other in­formation needed.

It also charged the NLNG to halt further variations in the $4.451,731,937 contract.

Thursday’s investigative hear­ing attracted very large crowd of lawmakers comprising members and non-members of the Gas Committees because of the hostile atmosphere that has weakened and crippled the investigation since its beginning.

Trouble started when Uwais submitted a document containing what the lawmakers called limited information.

The chairman of the joint committee, Senator Jarigbe Agom Jarigbe (PDP: Cross River North), expressed disappoint­ment that a clause in the docu­ment, clearly said that “figures contained therein are disputed and subject to ongoing legally privileged commercial negotia­tions.”

Jarigbe said it means the fig­ures can’t be used for the investi­gation.

Amid the tense situation, the committee went into the first closed door session. After an hour of secret talks, journalists were called in to monitor the situation.

Lawmakers took their turns to condemn the insistence of NLNG and the contractors on not mak­ing useful information available for the investigation.

The contentious issues include lack of information and explana­tion on the original contract sum which was $4,372,760,462.

Others are limited information on the 99 total variation requests worth $177,892,289; approved 62 variation orders amounting to $43,771,475; and approved amend­ments (claims/settlement) worth $35,000,000.

The NLNG had informed the committee that there are five vari­ation requests being evaluated and they amounted to $7,609,678.

Uwais also told the committee that the fluctuation in foreign ex­change rate is a principal cause of contract variation.

On the status of the project, he said: “The overall progress of the project is at 67% completion, made up of engineering at 97.9%, procurement at 95.5% and con­struction at 52.5%.”

The committee adjourned to reconvene on July 3, 2024.