Two groups, Nigerian Young Professionals Forum, NYPF, and Connected Development, CODE, have called on the Federal Government to probe Samsung Heavy Industry (SHI) over Egina Floating Production Storage Offloading ( FSPO) in order to put an end to what they described as exploitation of Nigeria.
The platforms in a joint statement by the Chairman of NYPF and Chief Executive of CODE, Messrs. Moses Siasia, and Hamzat Lawal, urged the government to urgently commence a holistic investigation into the contract award for FSPO over allegations bribery.
The statement warned that the groups would carry out a peaceful protest to the Presidential Villa should the government fail to order an investigation into the matter.
The statement reads: “Our position is that the Egina FPSO contract awarded to Samsung Heavy Industries (SHI) is fraudulent, ab initio and in all its ramifications. In executing this contract, SHI has consistently violated the Local Content laws and, which further jeopardized the already delicate unemployment situation in Nigeria. For these reasons and more, we demand that the Federal Government commence a comprehensive probe of Samsung Heavy Industries. If after one week we don’t see any action to bring the firm to justice, we shall mobilise all youth groups across Nigeria to occupy the Presidential Villa until something is done.
“Although, Samsung Heavy industries currently operates the Fabrications and Integration Yard (SHI-MCI Yard) in LADOL’s free zone which is used to integrate the Egina Floating Production Storage Offloading (FPSO) vessel which has sailed over 200.000 barrels per day, the company has come under severe criticisms from different interest groups over the contract, and for not executing the terms of the contract in total compliance with the local content laws and violation of several other essential contract terms.
“The recent action by its local content partner, LADOL has opened a new vista into the entire contract saga. We are demanding that the federal government must now step in to re-evaluate the process of contract award, the gross violations by SHI and put in motion executive and legislative action necessary to stop SHI from further violation of existing laws.