Wednesday, 17 February 2016

INTERCROP OIL LIMITED: NNEWI GAS EXPLOSION (PUBLIC NOTICE)

THIS PUBLIC NOTICE IS RELEASED TO PROVIDE A PRELIMINARY GUIDELINE FOR COMPENSATION TO VICTIMS OF THE EXPLOSION AT OUR NNEWI LPG PLANT

BACKGROUND
Resulting from the unfortunate explosion at the Intercorp LPG Plant in Nnewi on December 24, 2015, the company immediately made an arrangements and paid for the medical treatment of all those injured by the explosion. It also began a survey of the damage and documenting potential claims of losses. The Chairman and senior executives of the company paid personal visits to each affected family in Nnewi and also visited all those injured in the hospital. The company has been cooperating with regulatory agencies investigating the explosion towards finding the remote and immediate causes of the explosion as a means towards preventing reoccurrence of such calamity in Nigeria. Without prejudice to the findings of the investigations, the company has begun a process to pay compensation to those affected by this sad incident.
                  
REGISTER OF CLAIMS
A Register of Claims was opened by our company on the 4th day of January, 2016 and placed at the Gatehouse of the RIMCO Factory Complex at RIMCO Drive, Akwu Uru Industrial Estate, Uru, Nnewi, Anambra State (Gatehouse). Various claims have been recorded in the Register of Claims and we are by this Public Notice requesting any person or close relative of any person who has suffered a personal, economic or property loss and who has not already done so to ensure that the particulars of the loss and claims have been included in the Register of Claims at the Gatehouse. Take note that the Register of Claims will close by 5pm on the 4th day of March, 2016.

IMPORTANT CONSIDERATIONS
We use this opportunity to acknowledge the tremendous support and understanding we have received from the public and those who have suffered losses by this sad incident. Sharing our grief as we trust in God for healing and comfort is helping us through this difficult period. We urge continued support and request full compliance with this notice and subsequent directives to help us avoid potential disruption of the compensation process by fraudsters. Each claim for compensation will pass a verification process towards ensuring that compensation reaches the true and entitled beneficiaries. While we acknowledge that no compensation will be sufficient to compensate some persons for personal, economic or property loss; we shall nevertheless diligently and painstakingly ensure that all those who have suffered will be compensated and supported by our company to the limit possible.

COMPANY SECRETARY
INTERCROP OIL LIMITED