IOCs In Nigeria Will Be In Trouble If…Timi Frank

The International Oil Companies (IOCs) operating in Rivers State would be in trouble, should the Federal Government succeed in sacking Governor Siminalayi Fubara .

This is the stance of a former Deputy National Publicity Secretary of the All Progressives Congress (APC),  Timi Frank, who was reacting to a recent ruling of a Federal High Court on the state

The Eagle reports that a reactions have been trailing the ruling last Wednesday by a High Court in Abuja, ordering the seizure of statutory allocations to the Rivers State Government, with a coalition of opposition lawmakers, calling it the ‘Height of judicial rascality .

Timi Frank describes it as a sinister plot to sack Governor Siminalayi Fubara from office, describing it as one of the scripts to either force Fubara to join the All Progressives Congress (APC) or be removed from office.

He has thus called on the international community to wade into the crisis by prevailing on the President to stop his plot to either remove Fubara or compel him to join the APC.

Frank fears that the operations of International Oil Companies (IOCs) in the Niger Delta region would be affected should crisis engulf the region.

“This is why the President has remained mute despite the gross violation of the constitution by the courts and police in Rivers state all this while.

“The President is angry that Fubara disrespected him by refusing to join the APC because the Minister of the Federal Capital Territory (FCT), Nyesom Wike, has convinced him that he cannot win presidential election in Rivers State in 2027 with Fubara in charge,” Frank said.

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“Already all security agencies and Federal Government institutions are against Fubara because they have been directed to ensure that Fubara succumbs to the President’s wishes or be removed.

“This is the only reason why Justice Joyce Abdulmalik can make an unconstitutional order concerning statutory allocations to Rivers without fear of consequences but the consequences will be dire,” he said.

Should such a crisis happen, he stated, the entire area including the IOCs will be in trouble, he asserted.