Shell affirms commitment to Nigeria as it refutes exit rumors

Shell refutes rumors of leaving Nigeria, emphasizing its ongoing commitment to the country. Despite selling onshore business in Niger Delta, Shell plans to maintain operations in key areas aligned with its strategy. The company assures no loss of employment for SPDC staff as it transitions to new ownership following the onshore division sale. The oil company's statement follows speculations that Shell had chosen to exit Nigeria. Some members of Nigeria's general public mistook Shell's sale of its onshore operation as the firm selling all of its Nigerian shares. A report by the Nigerian newspaper, Punch, clarified this misunderstanding via an interview it was granted by the oil company.

Jan 20, 2024 - 07:24
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Shell affirms commitment to Nigeria as it refutes exit rumors
Shell affirms commitment to Nigeria as it refutes exit rumors

Shell refutes rumors of leaving Nigeria, emphasizing its ongoing commitment to the country.

Despite selling onshore business in Niger Delta, Shell plans to maintain operations in key areas aligned with its strategy.

The company assures no loss of employment for SPDC staff as it transitions to new ownership following the onshore division sale.

The oil company's statement follows speculations that Shell had chosen to exit Nigeria. Some members of Nigeria's general public mistook Shell's sale of its onshore operation as the firm selling all of its Nigerian shares.

A report by the Nigerian newspaper, Punch, clarified this misunderstanding via an interview it was granted by the oil company.