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Nigeria: Warning over sale of Shell assets

Extract from article by Samuel Oyadongha published by VANGUARD and circulated online by on 26 Feb 2014

Screen Shot 2013-12-22 at 19.09.52The people of Nembe in Bayelsa East senatorial district, Bayelsa State, have warned prospective investors and buyers of oil wells and facilities owned by Shell Petroleum Development Company to investigate the non-payment of over $1bllion demanded from the company for damages inflicted on their communities by its over 50 years oil exploration activities. The chairman, Nembe Kingdom Oil and Gas Committee, Chief Nengi James, gave the warning in Yenagoa following alleged planned sale of oil fields and other assets owned by Shell in Nembe.

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