The management of National Oracle Magazine has withdrawn a suits it filled against a foremost indigenous crude oil exploration company, the Aiteo group, where it compelled some government agencies to disclose all information and documents pertaining the business activities of the organisation. Leadership newspaper has reported.
The media house, had sought an Order of Mandamus from the Federal High Court, Abuja to compel the Nigerian National Petroleum Corporation (NNPC), Economic and Financial Crime Commission (EFCC), Federal Inland Revenue Services (FIRS) and Petroleum Product Pricing Regulatory Agency (PPPRA) to release some vital information and documents pertaining the business activities of Aiteo Group.
The Magazine in a statement signed by the Editor-in-Chief, National Oracle Magazine, Dr. Blessing Agbomhere, on Saturday in Abuja, explained that the suit was withdrawn based on the realisation that “the corruption allegations leveled against Aiteo is an alarmist hoax peddled by a pocket of individuals with vested interest to wear Aiteo Group and its promoters a black garment before the Nigerian and British governments.”
Dr. Blessing Agbomhere, who is also the Executive Secretary, Gatekeepers Foundation, who commended the promoter of Aiteo Group, Benedict Peters courage said: “Investigations revealed that Aiteo Group and it promoters have been in the petroleum business since Year 2000, and have invested billions of Naira, though borrowed, into the Nigerian oil sector.
While calling on the Nigerian government to give the indigenous oil company all the necessary support, the statement reads that, “In furtherance of our nvestigation, National Oracle Magazine has discovered conspiracy by highly placed individuals against Aiteo Group and its promoters.”
“All corrupt allegations against Aiteo is an alarmist hoax being peddled by a pocket of individuals with vested interest to wear Aiteo Group and its promoters a black garment before the Nigerian and British governments. “
“National Oracle Magazine investigation reveals that the Aiteo Group and its promoters have been in the petroleum business about the year 2000, and about same time have invested billions of naira, though borrowed, into the Nigerian oil sector. “
They stated that What Aiteo Group has achieved today is a result of hard work, business intelligence and commitment to growing the Nigerian economy.
“Aiteo Group, an indigenous company, has contributed immensely to the development of the Nigerian oil and gas sector; empowering Nigerians in so many aspects of life.”
“Rather than allowing individuals no matter how highly place to orchestrate clandestine plots to bring down Aiteo Group and its promoters, the Nigerian government must give Aiteo Group the needed support to continue to grow as Nigerians and the Nigerian government are the biggest beneficiaries of Aiteo’s growth
