{"id":31264,"date":"2021-06-16T19:06:06","date_gmt":"2021-06-16T18:06:06","guid":{"rendered":"https:\/\/thefreezonechannel.com\/?p=31264"},"modified":"2021-10-07T00:43:07","modified_gmt":"2021-10-07T00:43:07","slug":"bayelsa-proposes-out-of-court-settlement-on-revenue-dispute-with-shell","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/bayelsa-proposes-out-of-court-settlement-on-revenue-dispute-with-shell\/","title":{"rendered":"Bayelsa proposes out-of-court settlement on revenue dispute with Shell"},"content":{"rendered":"<p>The Bayelsa government has indicated willingness to withdraw pending litigation against the Shell Petroleum Development Company of Nigeria (SPDC) over unpaid revenue running into billions of naira.<\/p>\n\n\n<p>Bayelsa government had dragged SPDC to court over failure of the oil firm to pay \u2018development levies\u2019.<\/p>\n\n\n<p>The development levies were for land acquired for the construction of SPDC\u2019s Gbarain-Ubie gas facility in Yenagoa, Bayelsa capital.<\/p>\n\n\n<p>The state government had in March suspended all agreements signed between oil firms and host communities, alleging that SPDC was fuelling communal clashes resulting to violence in Ekeremor Local Government Area of Bayelsa.<\/p>\n\n\n<p>Governor Douye Diri extended the olive branch when the Shell Country Chair and SPDC Managing Director, Mr Osagie Okunbor, led a management delegation on a courtesy visit to Government House, Yenagoa.<\/p>\n\n\n<p>Speaking on the legal dispute over outstanding revenues owed the state by the company, Diri said an amicable resolution was possible in the spirit of the renewed relationship between both parties.<\/p>\n\n\n<p>The governor also spoke about his administration\u2019s decision to supervise the signing and be a part of Global Memorandum of Understanding (GMoU) between host communities and companies operating in the state.<\/p>\n\n\n<p>He said this was occasioned by cases of breaches of such agreements, which result in conflicts.<\/p>\n\n\n<p>The policy, according to Diri, would be supervised by the Ministry of Justice in order to protect the interest of such communities and, by extension, the companies.<\/p>\n\n\n<p>\u201cWe made that policy statement to say that all GMoUs to be signed between the communities and any company, including the oil companies, has to be supervised by the Ministry of Justice.<\/p>\n\n\n<p>\u201cThis was because we want to at all times protect the interest of our communities and even the companies. Also, at all times, the state government would be aware of the issues.<\/p>\n\n\n<p>\u201cWe have seen situations where GMoU is signed but only very few people, who claim to be community leaders, are aware of it. And that becomes a veritable tools for community conflicts,\u2019\u2019 he said.<\/p>\n\n\n<p>According to the governor, the presence of Shell in Bayelsa was of mutual benefit to both parties.<\/p>\n\n\n<p>The governor emphasised that the long-standing relationship between the state and Shell, after oil discovery in commercial quantity at Otuabagi community in Ogbia Local Government Area, was proof that they were both inseparable in oil and gas business.<\/p>\n\n\n<p>While assuring the company of a conducive working environment, Diri noted that the stereotype of insecurity in the Niger Delta as a ploy to deprive the goose that lays the golden egg was no longer tenable.<\/p>\n\n\n<p>The governor solicited the partnership of Shell on major infrastructure projects like the proposed Nembe-Brass road as well as the ongoing Yenagoa-Oporoma and Sagbama-Ekeremor road projects.<\/p>\n\n\n<p>He thanked the company for its support on the Ogbia-Nembe road.<\/p>\n\n\n<p>Speaking at the event, Okunbor, noted the key steps taken by Diri to promote peace in the state and commended the governor\u2019s leadership quality.<\/p>\n\n\n<p>Okunbor described Bayelsa as the company\u2019s most important host state, adding that the leadership of Shell company in Nigeria is impressed with the governor\u2019s handling of affairs of the state and his support for their operations.<\/p>\n\n\n<p>He said that Bayelsa was host to some of the company\u2019s most strategic assets that keeps it going.<\/p>\n\n\n<p>The managing director pledged to sustain the relationship between the company and the state through investment in key developmental projects in the state.<\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-31264\" data-postid=\"31264\" class=\"themify_builder_content themify_builder_content-31264 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>The Bayelsa government has indicated willingness to withdraw pending litigation against the Shell Petroleum Development Company of Nigeria (SPDC) over unpaid revenue running into billions of naira. Bayelsa government had dragged SPDC to court over failure of the oil firm to pay \u2018development levies\u2019. The development levies were for land acquired for the construction of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25097,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[296],"tags":[592,216],"class_list":["post-31264","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-economic","tag-bayelsa","tag-shell","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bayelsa proposes out-of-court settlement on revenue dispute with Shell - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/bayelsa-proposes-out-of-court-settlement-on-revenue-dispute-with-shell\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bayelsa proposes out-of-court settlement on revenue dispute with Shell - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"The Bayelsa government has indicated willingness to withdraw pending litigation against the Shell Petroleum Development Company of Nigeria (SPDC) over unpaid revenue running into billions of naira. 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