Arthur Eze Faces Liberia Parliament Backlash over Oil Deal

Arthur Eze faces Liberia parliament backlash over oil deal

Arthur Eze, the Nigerian billionaire who owns Atlas Oranto Petroleum, is under pressure in Monrovia after two senior Liberian lawmakers warned colleagues against ratifying proposed production-sharing contracts with his company. In a letter tabled this week, former House Speaker J. Fonati Koffa and Representative Musa Hassan Bility branded the agreements “corrupt and dangerous,” arguing that the process lacked competitive tension, the numbers don…

KOFFA AND BILITY CALL ON LIBERIA’S HOUSE OF REPRESENTATIVES TO REJECT ORANTO OIL DEAL OVER TRANSPARENCY ISSUES

MONROVIA – Two members of the House of Representatives, Cllr. J. Fonati Koffa of Grand Kru County District #2 and Musa Hassan Bility of Nimba County District #7, have strongly urged their colleagues to reject the controversial Atlas Oranto Production Sharing Agreement (PSA) recently submitted to the Legislature by the Executive Branch. In a detailed letter dated October 29, 2025, addressed to key committee chairpersons, the lawmakers described t…