Speaking to Legislative Reporters, Rep. Lawrence said the President’s action violates the NOCAL Act and also undermines recommendations put forward by the House of Representatives, calling on the President to reconstitute the entire Board.
According to him, the President also blundered by appointing people, who are already members of the technical committee of the National Oil Company of Liberia on the Board of Directors, something he noted, is a clear indication that the action is intended to create serious national confusion in the near future if the situation is not corrected now.
He cautioned that Liberia is new in the natural oil business, and needs to learn from mistakes of other countries, including Nigeria where one of the root causes of the endless violence in the country is the wrong approach in managing resources from the God-given natural oil.
The former Lands, Mines and Energy Minister lamented that the President will not have an easy ride in pushing the people of Liberia around about the country’s oil, which is not yet fully discovered.
He noted that the House of Representatives Statutory Committee on Natural Resources and Energy will fully engage the Executive Branch of Government on issues relating to the restructuring of the National Oil Company of Liberia for proper administration.