The Honourable Minister of Niger Delta Development, Engr. Abubakar Momoh, welcomed Mr. Osagie Okunbor, the Managing Director of Shell Petroleum Development Company (SPDC) and Country Chairman of Shell Companies in Nigeria, to his office on Monday. The meeting focused on issues critical to Nigeria and Shell, including the development of the Niger Delta, environmental performance, and the persistent challenge of crude oil theft.
During the discussions, Minister Momoh acknowledged the government's ongoing efforts to combat oil theft, a significant issue affecting the region's stability and economic prospects. He emphasised the ministry's dedication to promoting peace and development in the Niger Delta, highlighting initiatives aimed at resolving disputes between local communities and oil companies.
"The Ministry of Niger Delta Development is committed to ensuring peace and progress in the region," stated Minister Momoh. "We are actively encouraging the resolution of conflicts between communities and the oil companies operating here. I urge all oil companies to join us in prioritising peace and harmony in their interactions with host communities."
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Mr. Okunbor addressed recent rumors suggesting that Shell might be withdrawing from Nigeria, particularly in light of the company's sale of shares in SPDC. He clarified that Shell remains committed to Nigeria, explaining that the company is refocusing its investments towards deep-water and gas projects, with significant new investments planned for these sectors.
"Shell is not leaving Nigeria," assured Mr. Okunbor. "We are realigning our investment strategy to concentrate on deep-water and gas. Shell will continue to collaborate with the Ministry of Niger Delta Development to foster peace and development in the communities where we operate."
The meeting concluded with a mutual commitment to strengthen collaboration for the benefit of the Niger Delta region, ensuring that development projects are carried out efficiently and sustainably.
