Queue at the filing station The President, Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...
NDDC received $142 million from Shell Nigeria, Partners in 2023
Shell Petroleum Development of Nigeria Limited, (SPDC), Shell Nigeria Exploration and Production Company Limited ( SNEPCo) have paid a total of $142.5 million to thei Niger Delta Development Commission(NDCC).
The funds came from Shell Companies and their partners
Shell Nigeria Exploration and
A total of $142.5 million was paid to the Niger Delta Development Commission (NDDC) last year by The Shell Petroleum Development of Nigeria Ltd (SPDC) and Shell Nigeria Exploration and Productioln Company Limited (SNEPCo). SPDC paid $112.5 million while SNEPCo remitted $30 million compared to $59.04 million by SPDC and $20.73 by SNEPCo in 2022.
The contributions came from the Shell companies on behalf of themselves and their respective partners –. Nigerian National Petroleum Company Limited (NNPC); TotalEnergies, EP Nigeria Limited; NAOC; and Esso Exploration and Production Nigeria Limited – as statutory contributions to the interventionist agency.
“Our support for NDDC is part of our aspirations for the development of the Niger Delta which has also seen a wide range of social investments, including health and education,” SPDC Director and Country Head, Corporate Relations Igo Weli said. “With the continuous support of our partners, we will continue to discharge our obligations to communities through statutory payments to agencies and projects executed in partnership with stakeholders.”
Shell Companies in Nigeria have supported community development programmes in the country since the 1960s, benefitting many Nigerians.
Support for education has led to the award of more than 3,450 secondary school grants, 3,772 university grants and 1,062 cradle-to-career scholarship grants since 2016.
Another investment has seen the introduction of the Health-in-Motion programme, providing free medical services directly to communities. Over one million individuals have benefited from the programme since its inception in the early 2000s. Also, the global Shell LiveWIRE entrepreneurship programme supported 73 businesses through training and mentorship programmes leading to 97 employment opportunities for Nigerians.
Comments
Post a Comment