Skip to content
July 27, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • HYPREP: Shell says it remains committed to providing its share of $900m to the Ogoni Trust Fund
  • National News

HYPREP: Shell says it remains committed to providing its share of $900m to the Ogoni Trust Fund

Admin June 13, 2019

Shell oil spill put communities at risk

Shell Nigeria has called for stakeholders’ concerted efforts to curb the incessant vandalism of crude oil-bearing pipelines, highlighting the danger of continuous sabotage to people and environment.

The General Manager, External Relations of Shell Petroleum Development Company (SPDC), Mr Igo Weli, spoke in Lagos on Thursday at a Media Workshop on “Pipelines Right of Way Encroachment and Vandalism”.

Weli said that such efforts to curb pipeline sabotage would save lives, secure communities and protect the environment.

“Shell is concerned about the repeated sabotage of recently repaired pipelines exposing the environment and people to renewed and worsening pollution. Oil theft is focused on short term fiscal benefits, ignoring the long-term effects of environmental degradation,” he said.

The Shell spokesman said: “Since 2017, sabotage spill rate has risen steeply and crude oil theft from SPDC JV’s pipeline network averaged 11, 000 barrels per day in 2018, an increase of about 20 per cent over previous year.

“The number of sabotage-related spills increased in 2018 to 111 compared to 62 in 2017 and, since 2012, SPDC has removed more than 1,160 illegal theft points.”

Towards the UNEP Report-guided Ogoni Clean Up, Weli said: “SPDC actively supports the clean-up process along with other stakeholders.

“SPDC remains fully committed to providing its share of 900 million dollars (N283.73 billion) over five years to the Ogoni Trust Fund as stipulated in the Hydrocarbon Pollution Remediation Project (HYPREP) gazette and the agreed governance framework.

“The SPDC JV has completed its first-year contribution of 180 million dollars (N54.54 billion).

“Early 2017, the SPDC JV made available 10 million dollars to help set up HYPREP office and in July 2018, joint venture deposited additional 170 million dollars (N51.52 billion) into an escrow account to fund HYPREP’s activities,” the general manager said.

According to him, the company said it is also collaborating with communities to effectively patrol pipelines’ rights-of-way through direct surveillance and GMoU surveillance.

“We are proactively engaging government security agencies to prevent crude theft and vandalism, and carrying out awareness campaigns to educate community members.

“Also, we are educating surveillance contractors and general public of the requirements of the 1990 Pipeline Act which prohibits any third-party activities 100ft from existing oil and gas right-of-way,” Weli added.

Also, Shell’s General Manager, Safety and Environment, Mrs Chidube Nnene-Anochie, said irrespective of the cause, SPDC cleans and remediates areas impacted by spills from its facilities.

According to Nnene-Anochie, SPDC implements work programmes to appraise condition of, maintain and replace key sections of pipelines and flow lines.

“In 2018, for example, we installed 70km of pipelines and 188km of flow lines. Over the last seven years, SPDC has replaced approximately 1,300 kilometres distance of flow lines and pipelines.

“In line with industry regulations, SPDC only pays compensation if the spill is operational,” she said. (NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Chidube Nnene-Anochie HYPREP Igo Weli SPDC UNEP

Post navigation

Previous ‘My in-laws accused me of killing my husband, now they want to collect his entitlements from NNPC’
Next Development banks’ climate financing at all-time high in 2018

Related Stories

Buhari didn’t create PFIPC – Media Organisation counters Tinubu’s DG
  • National News

Buhari didn’t create PFIPC – Media Organisation counters Tinubu’s DG

July 26, 2026
Oborevwori congratulates new NBA President, two Deltans on election into National Exco
  • National News

Oborevwori congratulates new NBA President, two Deltans on election into National Exco

July 25, 2026
Lassa Fever Cases Spike Again in Week 28 as Nigeria’s Death Toll Reaches 229 federal capital territory
  • National News

Lassa Fever Cases Spike Again in Week 28 as Nigeria’s Death Toll Reaches 229

July 25, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Nigeria, AfDB back African mineral local value addition
  • Business & Economy

Nigeria, AfDB back African mineral local value addition

July 27, 2026
Isaac Fayose slams Okowa over alleged ‘diversion of ₦1.3trn Delta funds’
  • Crime and Justice

Isaac Fayose slams Okowa over alleged ‘diversion of ₦1.3trn Delta funds’

July 27, 2026
How Tinubu is redrawing the South-east political map, by Tunde Rahman
  • Commentaries

How Tinubu is redrawing the South-east political map, by Tunde Rahman

July 27, 2026
Africa facing $10-$20 billion economic hit from ‘super’ El Niño, AfDB climate chief warns walker
  • International News

Africa facing $10-$20 billion economic hit from ‘super’ El Niño, AfDB climate chief warns

July 26, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.