Lawmakers Ask SPDC, SNEPCO To Provide List Of Subsidiaries On Capital Allowance - The Source

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Lawmakers Ask SPDC, SNEPCO To Provide List Of Subsidiaries On Capital Allowance

The Source by The Source
October 12, 2022
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The House of Representatives ad hoc committee on Joint Ventures and Production Sharing Contracts yesterday demanded from the Shell Petroleum Development Company (SPDC) and the Shell Explorations and Production Company Limited (SNEPCO) a list of all the companies’ subsidiaries enjoying capital allowances.

Chairman of the committee, Abubakar Fulata, gave the ruling at an investigative hearing of the committee where the managing director of Shell Companies in Nigeria, Mr Osagie Osunor and management staff made oral presentations to the panel.

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Tags: Capital AllowancelawmakersSNEPCOSPDC
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