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Posts on ‘February 22nd, 2016’

Nigerian Economic and Financial Crimes Commission Begins Probe Of $2b Malabu Oil Scandal

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BY THE NATIONFEB 22, 2016

The Economic and Financial Crimes Commission has initiated a discreet probe into the $2 billion Malabu Oil deal to ascertain whether the country was short-changed.

The agency may interact with those who were parties to the agreement including five former ministers, an ex-Group Managing Director of NNPC and top officials of the Department of Petroleum Resources.

Already, a former Attorney-General of the Federation and Minister of Justice, Mr. Mohammed Bello (SAN), has written to the EFCC on how the deal was struck with Shell Nigeria Ultra Deep Limited (SNUD). read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com

Bayelsa communities vow to shut down Shell’s operations

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By Samuel Oyadongha: 22 FEB 2016

YENAGOA—TWELVE aggrieved oil producing communities in Bayelsa State have threatened to shut down operations of Shell Petroleum Development Company, SPDC, over the company’s handling of its relationship with the host communities.

In a communique after a meeting attended by all the Community Development Committee, CDC, Chairmen and other stakeholders of the EA field host communities, the communities accused SPDC of defaulting on the implementation of General Memorandum of Understanding, GMoU, entered into with the communities.

The host communities also threatened to stage a protest against the oil company, alleging that the company failed to sign surveillance contracts and reduce the contracts duration period from 12 months to nine. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net, shell2004.com, shellshareholders.org, don-marketing.com and cybergriping.com are all owned by John Donovan. There is also a Wikipedia article: royaldutchshellplc.com
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