Reps to probe Shell’s alleged corporate injustice against indigenous company

Reps to probe Shell’s alleged corporate injustice against indigenous company

The House of Reps has mandated its Committee on Public Petition to investigate allegations of corporate injustice and economic under-development against Shell Petroleum Development Company (SPDC) by an indigenous company.

Rep. Doctor Farah (PDP-Rivers) tendered a petition presented on behalf of the petitioner, Mr Tony Jibunoh. This was during the House of Reps plenary on Tuesday, March 29, in Abuja. He accused SPDC of attempting to use a third party to defraud his employer for payment of services rendered.

The petitioner, Jibunoh, Project Director, Compact Manifold, and Energy Services Ltd, lamented the conduct of SPDC. He said it was injurious to the spirit of section 2 of the Nigerian Oil and Gas Industry Content Development Act, 2010.

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He said that the Act sought to protect the interest of Nigerian Companies; in the award of contracts, execution, and also payments.

“Shell is insisting to make payment through a third-party company, Michharry and Company Nigeria Ltd; which is neither a party nor a witness to the contract directly entered into between our company and Shell.”

This, he said is a clear manifestation of vested interest to defraud our company by sharing with Shell; whatever percentage is given to the third party serving as its front.

According to him, Compact Manifold Energy Services Ltd was engaged in laying pipeline offshore 6″x6KM Forcados Yakiri Non-Associated Gas Pipeline Project; and 2 nos 6″ x500m bulk line de-commissioning and also installation project (Forc 37) in August 2019 at 15million dollars.

He said that Compact Manifold and Energy Services Ltd executed the project and likewise applied for payment in Aug. 2020 without any favourable response from Shell Petroleum Development Company.

This, he said is in spite of an alleged deceitful approval granted; and countless assurances that turned out to be a calculated plan to under-develop the company.

He stated that the Save-Our-Soul message to the House of Reps was necessitated by the company’s inability to operate optimally; as its running capital had depleted and brought about a colossal economic loss.

Jibunoh added that the company was contemplating the worst option of retrenching a large number of its personnel who could not be maintained.

The petitioner, therefore, urged the House of Reps to bring the corporate injustice perpetrated by Shell against the company to an end.

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