Okon Bassey in Uyo
After a series of protests and agitations, Mobil Producing Nigeria (MPN) Unlimited, a subsidiary of American Oil giant, ExxonMobil, has finally initiated payment of N1.12 billion oil spill palliative to Eket Communities in Akwa Ibom State.
The Manager, Public and Government Affairs, Qua Iboe Terminal, Mrs Regina Udobong, made this known at the projects execution kick-off meeting and safety training in Eket Local Government Area of the state.
She revealed that the oil major has released 25 per cent of the total sum of money for the execution of projects in communities, adding that the money would be paid in four installments.
She said the next payment would be 15 per cent of the balance, indicating that nine per cent of the total sum would be for the project manager.
According to her, the amount is just for the projects in the communities, “I am not including the money we are paying for the supervision of the projects by the project manager which is nine per cent of the total cost”.
“We expect the Projects Manager to start with the disbursement of funds to the local contractors. We are talking of N1.12 billion for projects in Eket Communities”, she said.
More to follow