“It is in the light of these indisputable circumstances that we are shocked at and disappointed with the actions of NNPC in throwing the issue to the public and calling in law enforcement agencies without fully exploring the available dispute resolutions mechanism available within the purview of our contractual relationship.
“These unwarranted and unjustifiable actions have caused our company so much injury not only in the loss of patronage and goodwill nationally and internationally but in loss of business, revenues and a shutdown of our operations that has resulted in the loss of gainful employment of our over 2000 workers for the period the company had remained shut down.
While fielding questions from the lawmakers the NNPC Retail representative, Danjuma Dansule admitted that Capital Oil and Gas still remains a credit-worthy company to do business with.
He also admitted to having Capital Oil and Gas’ product which has been duly and fully paid for.
The committee chaired by Hon. Joseph Alakija was angry as to why NNPC who gave Capital Oil a clean bill of health in December 2016 would turn around to allege that the same company diverted its products in January 2017.
The committee also condemned the forceful retirement of Mrs. Nnamdi-Ogbue, the former Managing Director of NNPC Retail without a holistic investigation and fair hearing.
The Committee, however, told Capital Oil that it can help it to recover its money, but appealed to the company to co-operate with the Committee.
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