News
SPDC Pays N6.4trn Taxes To FG …Contributes N4.26trn To Nigeria In Four Years
The Shell Petroleum Development Company (SPDC), has said that it paid $17.8billion (about N6.412trillion) in taxes, royalties and levies to the Federal Government between 2014 and 2018, in addition to $2billion (about N375.16billion) contributed by SPDC JV and SNEPCo and its co-venturers to Niger Delta Development Commission (NDDC) since 2002.
Making these revelations while presenting 2019 Shell in Nigeria Briefing Notes to journalists in Port Harcourt, last Friday, Shell’s General Manager, External Relations, Igo Weli said, “The success of the GMoU initiative has proved what could be achieved when government, international oil companies, communities and NGOs work together for the common good”.
Weli listed some other flagship social investments in Rivers to include the Community Health Insurance Scheme launched in 2010, robust health interventions in 10 other hospitals in the state, the first centre of excellence in Marine Engineering and Offshore Technology at Rivers State University, scholarship schemes at various levels of education, and the LiveWIRE programme which has trained and empowered 460 young men and women across the state between 2013 and 2018.
The Shell Petroleum Development Company (SPDC) has also spent N17billion projects in communities under the Global Memorandum of Understanding (GMoU) in Rivers State in the last 13 years.
The projects cover health, education, water and power supply improvement, sanitation and infrastructure development in 19 clusters, out of 39 active GMoU clusters where $239million (about N44.36billion) have been expended on projects in Rivers, Delta, Bayelsa and Abia states since 2006.
“In 2018, 100 Ogoni youths from communities near the Trans Niger Pipeline (TNP) participated in training with 80 top performing trainees receiving business start-up funding totaling more than $90,000 (N27.27million)”, Weli said, adding that, “To date, the LiveWIRE programme has trained 7,072 Niger Delta youths in enterprise development and provided business start-up grants to 3,817.
“We are proud of our extensive social investment footprints in Rivers State, which in some cases even stretch beyond the SPDC joint venture”, Weli noted.
The general manager further gave insight into the downside of the company’s operations in certain flashpoints in the state, including the Kalabari and Ogoni areas, where huge revenues, regrettably have been lost over the last couple of years.
Responding to questions on the more than 22 months’ standoff with host communities of Belema/Offoin-Ama in Kula Kingdom over the takeover of Belema Flow Station in Akuku-Toru LGA in Rivers State, Weli regretted that well over $7million (approximately N252billion) has been lost to the stalemate in protests against SPDC’s about 37 years operations in the area where 25,000 barrels per day of crude oil have been shut in at the Belema facility.
But The Tide investigations reveal that with 25,000bpd oil shut in since August 11, 2017 by restive protesters, claiming lack of potable water, good roads, health facilities, scholarships and employment, among others, about $1.170billion revenue on the more than 18million barrels of oil (at estimated $65 per barrel), have been lost to the lockdown.
Disclosing that the Federal Government has since December, last year, renewed SPDC’s operating licence for OPM 25, including Belema and Offoin-Ama communities, for the next 25 years, he said that the company was open to further dialogue with the communities under the Kula Project Implementation and Monitoring Committee (PIMC) with a view to resolving issues in dispute in the area.
“SPDC will only resume operations at the facility when it is safe to do so. Our primary goal is the safe and peaceful resolution of this dispute, and we encourage all parties to return to dialogue to protect the safety and security of all concerned, including those occupying the facility, community members, SPDC staff and contractors”, he said.
On allegations of undercover attempts to resume oil production in Ogoni, Weli made it categorically clear that SPDC has no plan to return to the area under any guise now or in future, stressing that already, the Federal Government had since 2012, granted operatorship licence for OPM 11 covering Ogoni oilfields to Nigerian National Petroleum Corporation (NNPC) subsidiary, National Petroleum Development Company (NPDC).
While clarifying that SPDC’s presence in Ogoni was tied to the TNP which conveys crude oil from other parts of Rivers and Abia states through Eleme, Tai, Gokana and Khana to Bonny Export Terminal, Weli explained that it was for this reason that the company was implementing social investment programmes for the benefit of Ogoni people.
He further explained that SPDC staff and contractors’ presence in the area was mainly in line with efforts to guarantee the integrity of the TNP through routine maintenance and occasional replacement to avoid equipment failure, insisting that SPDC flow stations were vandalized and flowlines excavated by Ogonis during the crisis while surviving wellheads had been decommissioned, just as he restated that the company has not drilled/produced one litre of crude oil from Ogoni since 1993 when it shut down operations in the area.
The Tide investigations show that before cessation of oil production, there were 12 oilfields in Ogoni, where SPDC had drilled 116 wells, out of which 89 were completed, and channeled to five flow stations, which processed 185,000 barrels per day overall production capacity.
Meanwhile, the Shell Petroleum Development Company of Nigeria Limited (SPDC) says it remitted about N4.26trillion to the national coffers between 2014 and 2018.
General Manager, External Relations of SPDC, Igo Weli, gave the figures while delivering a paper on “Improving Stakeholders’ Engagement in Rights of Way Acquisition”, organised by International Rights of Way Association (IRWA) Chapter 84 at the weekend in Port Harcourt.
Weli further disclosed that oil revenue accounts for 70 per cent of Nigeria’s budget funding, while 90 per cent of total revenue also comes from oil.
It is against this backdrop that he sued for more constructive engagements to fast-track development in the sector, as he lamented the recent upsurge in hostilities to oil operations.
“In Niger Delta, Nigeria needs more constructive engagements than violence and killings”, Weli remarked.
He stressed that more stakeholders’ engagement would reduce hostilities and strengthen investors’ confidence in the economy, as he warned that the growing belligerence may further worsen the economy in the coming years.
On how to curb hiccups in rights of way acquisition, the Shell general manager drew attention to the need for adequate compensation and land owners’ engagement.
He said, “It takes all parties to create value… There is need for a sustained stakeholders’ engagement which is critical for rights of way acquisition”.
Nelson Chukwudi & Kevin Nengia
The Rivers State chapter of the All Progressives Congress Christian Leaders Forum has expressed strong confidence in the capacity of All Progressives Congress (All Progressives Congress) candidates in the state to deliver effective governance if elected into office in the coming elections.
The State Coordinator of the forum, Archbishop Lucky Aroh, made this known during a breakfast and thanksgiving meeting held in Port Harcourt, where leaders gathered to pray for the stability of the party and the safety of its candidates ahead of the 2027 general elections.According to him, the meeting was convened to seek divine intervention for peace, unity, and security among APC candidates across Rivers State.
“Today we are praying for APC stability in Rivers State and the security of our candidates that have been elected to contest the 2027 elections. It is a breakfast meeting,” Aroh said.
He further expressed optimism that the party’s candidates would not disappoint the people if entrusted with leadership responsibilities.
“They will not fail when elected into office. We are here as fathers of the land to let them know, and I must tell you the truth that these are the authentic people that will do well in Rivers State,” he added.
Speaking earlier, the National Chairman of the forum, Professor Olanrewaju Abraham, commended the Rivers State chapter for organizing the programme, noting that the national body of the forum believes strongly in the power of prayer.
He stated that political leadership provides an opportunity to influence society positively, including advancing moral and spiritual values, while expressing confidence that APC candidates at all levels would emerge victorious in the upcoming elections.
Also speaking, the Rivers State Women Leader of the APC, Hon. Darling Amadi, praised the forum for its commitment to prayers for peace, stability, and the protection of party candidates.
Represented by the Deputy Women Leader of the party in the state, she described the initiative as commendable and urged other political and support groups within the party to emulate the gesture in promoting unity and stability.
By: John Bibor, Menebe Emmanuel & Fortune Paibi
Prominent businessman and philanthropist, Elder Anthony Osagwe-Ogo, was celebrated in grand style as he marked his 70th birthday anniversary, with distinguished Nigerians, business leaders, and golf enthusiasts gathering to honour his remarkable contributions to society.
The colourful celebration took place at the Port Harcourt Golf Club, where friends, associates, and well-wishers converged to pay tribute to the revered elder statesman.
Chairman of the occasion, High Chief (Dr.) Ikenna Okafor, described the celebrant as a detribalised Nigerian whose generosity, humility, and commitment to humanity have earned him admiration across different communities and backgrounds.
According to Dr. Okafor, Pa Osagwe-Ogo’s impact on society and the development of his community remains unparalleled. He noted that members of the golfing community are proud to be associated with a father figure who consistently promotes the welfare and well-being of those around him.
He further stated that the history and growth of the Port Harcourt Golf Club cannot be told without acknowledging the significant role played by the celebrant, whose wisdom, encouragement, and leadership have helped sustain the club over the years.
“We are here to celebrate a man who has impacted humanity positively, a peace-loving individual and an epitome of hope for the younger generation. We pray to emulate his virtues. Today, we celebrate a bridge-builder, a trailblazer, and an iconic leader whose life continues to inspire many,” Dr. Okafor said.
He expressed delight at the large turnout of guests from various walks of life, describing it as a testament to the respect and affection Pa Osagwe-Ogo commands within and beyond Rivers State.
In his response, the celebrant, Pa Anthony Osagwe-Ogo, expressed profound gratitude to God for preserving his life and granting him the privilege of attaining the milestone age of 70.
He also thanked members of the Port Harcourt Golf Club, family members, friends, and associates for identifying with him during the celebration and for their unwavering support over the years.
The event featured the cutting of the birthday cake, presentation of awards to deserving members of the club, goodwill messages, and moments of celebration among guests.
The ceremony was attended by notable personalities from the business community, the golfing fraternity, and other sectors, all of whom joined in celebrating the life and legacy of the respected elder statesman.
Rivers State Governor, Sir Siminalayi Fubara, and the Permanent Secretary of the Rivers State Ministry of Information and Communications, Dr. Honour Kuru Sirawoo, have been honoured with awards of recognition in connection with the 2026 Democracy Day celebrations held in Port Harcourt.
The awards, which formed part of activities marking Nigeria’s Democracy Day on June 12, were formally presented on Tuesday at the Ministry of Information and Communications in Port Harcourt.
Presenting the awards was Hon. Abdul Hameed Oladipupo Alli, popularly known as “Mr. Nigeria,” Publisher of Asiwaju Trumpet Magazine and Achievers World International Magazine.
Governor Fubara was recognised for his efforts in sustaining peace, stability, and a conducive political atmospherJohn Bibor / Menebe Emmanuel / Fortune Paibie in Rivers State. The organisers noted that his administration has fostered harmony and strengthened civic participation across the state.
Dr. Sirawoo, on the other hand, was honoured for his exemplary administrative leadership and significant contributions to effective information management within the Ministry of Information and Communications.
Representing Dr. Sirawoo at the presentation ceremony, Dr. Christian Davies received the award on his behalf and expressed gratitude for the recognition. He described the honour as a reflection of Dr. Sirawoo’s unwavering commitment to professionalism, excellence, and dedicated public service.
Dr. Davies assured the organisers that the award would be formally conveyed to the Permanent Secretary.
The event also featured the presentation of commemorative publications highlighting major governance and civic milestones in Rivers State, including Easter celebrations, Workers’ Day activities, the Governor’s third anniversary in office, and Democracy Day programmes.
Organisers of the awards commended the Rivers State administration for what they described as sustained peace, political stability, and improved civic engagement, noting that these achievements have contributed significantly to the state’s continued development.
By: Jessica Sambol