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LequteMan
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Nigeria's Minister of Petroleum Mrs. Diezani Alison-Madueke and the Managing Director of Shell Petroleum Development Company were on Thursday summoned by the House of Representatives on Thursday over the decision of Shell Petroleum Development Company of Nigeria to relinquish its interest in some oil blocs called Oil Mining Licence II.
According to Punch, the House noted that some “discrepancies and insider trading arrangements” within SPDC on the bidding process for the bloc had been reported.
The resolution followed a motion moved by a member from Abia State, Mr. Abonta Nkem-Abonta.
The House said it was interested in knowing whether the country’s Local Content Law had not been breached in any way in the ongoing bidding process.
The concerned oil blocs are located in Gokana and Tai (Ogoni), Oyigbo, Asa, Ukwa Oil Field (Abia) and Adoni, Opobo, Boni (Rivers).
#Nigeria #Shell
According to Punch, the House noted that some “discrepancies and insider trading arrangements” within SPDC on the bidding process for the bloc had been reported.
The resolution followed a motion moved by a member from Abia State, Mr. Abonta Nkem-Abonta.
The House said it was interested in knowing whether the country’s Local Content Law had not been breached in any way in the ongoing bidding process.
The concerned oil blocs are located in Gokana and Tai (Ogoni), Oyigbo, Asa, Ukwa Oil Field (Abia) and Adoni, Opobo, Boni (Rivers).
#Nigeria #Shell