REVEALED!!! How Indorama
Petrochemical Fertiliser Company Is Making Over N2 Billion Every Three Days Without The Knowledge Of FG


.... As Comrade Agi Calls for the immediate arrest of the M/D CEO Marnish Mundra of Indorama Petrochemical Fertiliser Company

...... Petitions EFCC and and AGF

The National Coordinator of Niger Delta IOCs Investigations, Comrade Agi Bestman has accused Indorama Petrochemical Fertiliser Company of making over N2 Billion naira every three days without the knowledge Of the President Muhammadu Buhari’s led administration.

Speaking to journalists on Friday, Comrade Agi called on the Economic and Financial Crime Commission, EFCC, the Attorney General Of the Federation Abubakar Malami, SAN who doubles as Honourable Minister of Justice to urgently set up a committee to investigate Indorama Petrochemical Fertilizer Company in Rivers State Nigeria.

Comrade Agi said Indorama Petrochemical Fertilizer Company laid a pipe from Nigeria Agip Oil Company Flow Station in OB OB Omoku Gas Plant to Port Harcourt, precisely with 16" gauge Gas pipe from OB OB Omoku to Ndorama company yard in Port Harcourt Rivers State.


According to Comrade Agi, "Nigerian Agip Oil Company has been supplying gas to Indorama since 2016 till date, directly to Indorama company yard in Port Harcourt."

"It is painful to note that despite the Economic challenges facing Nigeria, a company is short changing Nigeria through illegal extraction of Natural Gas on daily basis without paying Royalties to Federal Government Of Nigeria on monthly basis. The volume of gas being extracted on daily basis in Indorama yard in Port Harcourt stands unknown, not quantified, no meter gauge, no metering company. What a hell of Economic sabotage by an Indian company in Nigeria."

"This is a company that makes over two billion naira every three (3) days from sells of Nigerian Natural Gas, while Nigerians are looking for food to eat, boys are on the streets committing all kind of crimes, some calling for separation as a result of poverty."

"Many production factories are buying raw materials for their productions services from Indorama, which is the raw materials coming from the natural Gas Agip is supplying to Indorama on daily basis, through the Gas pipe laid from OB OB Omoku flow station to Ndorama yard in Port Harcourt Rivers State Nigeria."

Speaking further, Comrade Agi Bestman questioned the reason the Federal Government of Nigeria is borrowing money while Nigerian natural resources is excess?


He said the production volume of Oil and Gas in Nigeria if ascertained is excess but he is surprised that the Federal government is finding it difficult to swing into actions and stop the infractions from all the IOCs that has planned to impoverish Nigeria.


Comrade Agi pleaded with the EFCC Chairman, Abdulrasheed Bawa and AGF, Abubakar Malami to order for immediate closure of the pipe supplying gas and shut down the Indorama operations in Rivers State pending when Nigeria Agip Oil company and Indorama clear the air.

Agi appeals to AGF and EFCC Chair to initiate a new paradigm of investigations over this illegal Gas extraction, possibly arrest the Managing Director (MD) Mr Marnish Mundra of Indorama Petrochemical Fertilizer Company of Nigeria.

IGBERE TV recalls that the Chairman of Indorama Cooperation, Sri Prakash Lohiacame to Nigeria between in 2015 for the inauguration of 1.5billion dollars projects.

STAY WITH IGBERE TV. AFRICA'S NO1 COMMUNITY TV.


https://igberetvnews.com/1390064/revealed-indorama-petrochemical-fertiliser-company-making-n2b-every-three-days-without-knowledge-fg/

Cc, Lalasticlala, Mynd44

IS THE FG AWARE OF ANYTHING?

All of them na thieves. Give the royalty to the host community

Comrade you have contributed your quota to this country for just little thing you did. If those Igbos terrorist can be doing things in this way Nigeria would have move forward instead crying for marginalized every time.

However for the illegal company federal government should made that stupid Indian face a full warrant of law the company should also be confiscated. Although the man is remitted to the thieves that represent the government.

There's no way foreigner will set up a company that citizen will not know about it.

N2bn a day

Abeg, make una no rush us with this Akamu... Give it to us slowly

Nyesom Wike is complicit to it.

There is no way such criminal act will be carried out without the backing of the state government.

This idiot Indians are the same people killing and arresting Africans in their shithole country , tagging them criminals,yet most Indians and Chinese in Nigeria here are into one form of illegal business or the other.

If not bunkery,it is illegal mining, or human or organ trafficking.

Criminals

They have come with this their wishy washy speculation all driven by jealousy. It's clear the Gas is used to run their fertilizer and chemical production plant but this poorly lettered jealous man thinks the are reselling the gas ....So you think NGC doesn't have records of how much cubic meters of gas it pumps to indorama , or you think indorama is the only production company on such arrangement in Nigeria?

The problem most of these half baked jealous people have is that they don't know the difference between turnover , Cost of sales , Gross Profit and Net profit , for them once they come across a companys turnover sheet they just run to public and start saying the company is making so much daily ..do you know how much it will cost to run that plant their daily ?

So dey shud wait shey

FarahAideed:
They have come with this their wishy washy speculation all driven by jealousy. It's clear the Gas is used to run their fertilizer and chemical production plant but this poorly lettered jealous man thinks the are reselling the gas ....So you think NGC doesn't have records of how much cubic meters of gas it pumps to indorama , or you think indorama is the only production company on such arrangement in Nigeria?

The problem most of these half baked jealous people have is that they don't know the difference between turnover , Cost of sales , Gross Profit and Net profit , for them once they come across a companys turnover sheet they just run to public and start saying the company is making so much daily ..do you know how much it will cost to run that plant their daily ?

Why should such a company be milking Nigeria dry without paying royalty to FG?

This is devastating.

FarahAideed:
They have come with this their wishy washy speculation all driven by jealousy. It's clear the Gas is used to run their fertilizer and chemical production plant but this poorly lettered jealous man thinks the are reselling the gas ....So you think NGC doesn't have records of how much cubic meters of gas it pumps to indorama , or you think indorama is the only production company on such arrangement in Nigeria?

The problem most of these half baked jealous people have is that they don't know the difference between turnover , Cost of sales , Gross Profit and Net profit , for them once they come across a companys turnover sheet they just run to public and start saying the company is making so much daily ..do you know how much it will cost to run that plant their daily ?

Case closed. The ignorance displayed by the guy is just crazy.

Kosiso12:



Why should such a company be milking Nigeria dry without paying royalty to FG?

This is devastating.

They pay for the gas from the NGC and they pay their taxes ..What royalty Are you talking off ? Royalty for fertilizer sales?

FarahAideed:


They pay for the gas from the NGC and they pay their taxes ..What royalty Are you talking off ? Royalty for fertilizer sales?

Did you actually read the report?

Kosiso12:


Did you actually read the report?

Which report ? You call beer parlor level speculation a report? . I am telling you the reality ..Forget that clown

Tinubuadvocate:
Comrade you have contributed your quota to this country for just little thing you did. If those Igbos terrorist can be doing things in this way Nigeria would have move forward instead crying for marginalized every time.

However for the illegal company federal government should made that stupid Indian face a full warrant of law the company should also be confiscated. Although the man is remitted to the thieves that represent the government.

There's no way foreigner will set up a company that citizen will not know about it.

What of all the oil being stolen from Anambra that ‘IPOB terrorists’ have been complaining about for more than a year now....what has your ‘swift and fairminded’ Buhari gov’t done about that!?

In any case, i find it funny how you have IPOB on your mind 24/7....even on threads that have nothing to do with them!

What is happening in Niger Delta regarding so-called exploration is a typical apocalypse scenerio. It is a crime against nature and humanity and clearly shows how backward the country is for not being able to manage that vital resource that can transform the continent, not just Nigeria, if it's managed responsibly..

helinues:
N2bn a day

Abeg, make una no rush us with this Akamu... Give it to us slowly

Aside from being foolish, so you can't also read?

FarahAideed:
They have come with this their wishy washy speculation all driven by jealousy. It's clear the Gas is used to run their fertilizer and chemical production plant but this poorly lettered jealous man thinks the are reselling the gas ....So you think NGC doesn't have records of how much cubic meters of gas it pumps to indorama , or you think indorama is the only production company on such arrangement in Nigeria?

The problem most of these half baked jealous people have is that they don't know the difference between turnover , Cost of sales , Gross Profit and Net profit , for them once they come across a companys turnover sheet they just run to public and start saying the company is making so much daily ..do you know how much it will cost to run that plant their daily ?

Hi. Do you know about Indorama Eleme Fertilizer and Chemicals Limited? I was shortlisted for their cbt test and I want to know more about them.