2 months ago
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Sociocultural youth group, Ethnic Youth Leaders Council (EYLC) has hailed the CEO of Aiteo Oil Company, Benedict Peters, for resuming production days after the oil firm disclosed that there had been an oil leak on its Nembe Oilfield asset in Bayelsa State.
Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC/Aiteo Joint Venture on OML 29, at the weekend, said that the development followed the completion of the joint investigative visit to the spill site by all stakeholders as required by extant regulations.
The group, in statement by a council member and president, Arewa Consultative Youth, Kabiru Yusuf, lauded Peters for his patriotism and commitment to saving the environment.
The group also hailed the businessman for building a powerful indigenous company that is responsive to national needs.
They lamented that Nigeria’s aspiration of increasing its oil production has always suffered a setback, adding that as Aiteo, one of the country’s biggest hydrocarbons producers, has announced resumption of crude oil production, it will positively impact the nation’s crude oil production.
The group said, “We commend the CEO of Aiteo Oil Company Benedict Peters for resuming production, days after the oil firm disclosed that there had been an oil leak on its Nembe Oilfield asset in Bayelsa State. This is great news and timely given the setbacks the sectors have encountered over the years.
“We also commend him for his patriotism and commitment to saving environment and as well building a powerful indigenous company that is responsive to national needs. The speed in handling the situation.”
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