The Amalgamation Oil and Gas Business Concept Limited has hosted its inaugural Joint Board of Directors and National Executive Council meeting with delegates from across the country in Warri, Delta State.
In his opening remark, the Chairman and Managing of the company, Mr. Roland Tonwe, stated that; “This company serves as the business aspect of our NGO, we cannot continue to wait on the government to fund our business, hence, we have adopted this strategy to generate funds for our business.”
He added; “One of the aims of the Amalgamated Oil and Gas Business Concept is to fund projects in our communities with the following criteria: the community has to be registered with us, the traditional ruler of that community has written to us, introducing two of its members.
“The traditional ruler will write a letter to the company operating in his community. If the company approves the project, the approval will be sent to us and then we sign a tripartite agreement.
“Only then will we send our engineers to the site to execute the project. By this, a lot of our communities will be developed.”
Responding to the chairman’s remark, Ambassador Cyril Ali, representing Imo State, commended the chairman for calling for the first meeting since the inauguration of the company.
He, however, enquired about the criteria for picking members of the Board of Directors for the company.
The chairman responded that members selected from the five oil-producing states with quantum production
“The members of the Board of Directors are taken from the five oil-producing states with quantum production; that is, Akwa Ibom, Delta, Ondo, Bayelsa, and Rivers states.
“Two members are selected from each state, making them 10 members of the Board of Directors,“ he explained.
Mr. Obiora Edward Nwinye, representing Enugu State, also commended the chairman on his leadership style
“It takes a very strong and courageous leader to embark on such a task,” he said.
