SPDC, NDDC PARLEY, TO RECONCILE OIL GIANT’S STATUTORY FINANCIAL CONTRIBUTIONS
BY GABRIEL OKECHUKWU, FRCN PORT HARCOURT
The Managing Director Niger Delta Development Commission, NDDC, Dr. Samuel Ogbuku says youth engagement and entrepreneurship will reduce restiveness and provide enabling environment for oil production in the Niger Delta region.
Dr. Ogbuku Who made this known while on courtesy visit to the Managing Director of Shell Petroleum Development Company in Port Harcourt, revealed that plans were underway to delve into business ventures that would enhance food production and fish supply in the Niger Delta region.
According to the Managing Director, the meeting was to seek collaboration with SPDC, to reconcile their statutory financial contributions to NDDC which has given rise to some landmark projects in the region, such as Ogbia -Nembe Road.
The NDDC Chief Executive Officer who assured that stakeholders would be carried along in budgetary plan of the commission, also suggested that some contributions be tied to specific legacy projects.
Responding, the Managing Director, SPDC, Mr. Osagie Okunbor who acknowledged that a history of relationship exist between NDDC and SPDC, promised that the oil giant would continue to maintain their statutory financial obligations to the commission.
Mr. Okunbor while applauding the move by the management of NDDC to reach out to SPDC, expressed confidence that the outcome of the meeting would motivate Shell to assist the interventionist agency in their bid to develop the oil rich Region.
The SPDC Country Chair, who appreciated the innovative business ideas NDDC leadership came up with, expressed commitment to ensure that Shell keys in, to bring the ideas to fruition.
In the delegation to SPDC were Executive Director Finance and Administration, retired Major General Charles Airhiavbere, Executive Director Projects, Charles Ogunmola among other directors
