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Internal dispute over oil company puts Cameroon’s economy at risk

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Yaounde, Cameroon – (African Boulevard News) – Ferdinand Ngoh Ngoh, the Secretary General of the Presidency of Cameroon, and Adolphe Moudiki, the Managing Director of the National Hydrocarbons Company (SNH), are embroiled in a dispute over Savannah Energy, the company running the oil pipeline between Doba and Kribi. This conflict has seen the Cameroonian government at the center of an internal crisis as they try to resolve the matter.

The disagreement between the two men was first revealed in a series of letters seen by African Intelligence. The letters showed that Ngoh Ngoh was trying to push out key personnel from Savannah Energy, including the Chief Executive, Andrew Knott. Moudiki, on the other hand, was in favor of keeping the personnel in place and felt that Ngoh Ngoh’s actions were unwarranted.

The dispute has also highlighted the difference in opinion between the key players in the Cameroonian government, with some supporting Ngoh Ngoh while others back Moudiki. The SNH is an important player in the country’s oil industry, and its success is vital to the country’s economy. This is why the dispute has garnered significant attention.

Industry experts have expressed their concerns about the ongoing crisis, stating that it could have a negative impact on the country’s oil industry. “The SNH is a critical player in the oil sector, and any internal conflict within the company could have far-reaching consequences,” said one analyst.

Ngoh Ngoh’s motives behind trying to push out key personnel from Savannah Energy are not entirely clear. However, it is believed that he may be trying to assert his authority and gain control over the country’s oil industry. Moudiki, on the other hand, has remained steadfast in his support for the personnel, stating that they are crucial to the success of the company.

The Cameroonian government is yet to make an official statement on the matter. However, it is clear that the dispute is far from over and may take some time to resolve. In the meantime, the country’s oil industry hangs in the balance.

In conclusion, the dispute between Ferdinand Ngoh Ngoh and Adolphe Moudiki over Savannah Energy is causing an internal crisis in Cameroon. The disagreement has put the country’s oil industry at risk and has highlighted the difference in opinion between key players in the government. It remains to be seen how this conflict will be resolved, but one thing is certain, the stakes are high, and the outcome will have far-reaching consequences for the country’s economy.

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Cameroon Staff Writer

The African Boulevard Africain Editorial Team brings you Cameroon news and breaking news headlines in Politics, Economy, Business, Investment and Entertainment. We are unbiased, moved only by the quest for truth.
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