Shell Companies
Report: Nigerian politicians own 800 assets worth $400 million in London, Dubai
File Photo An Associate Fellow of Chatham House, London, Mr. Matthew Page, said yesterday that 800 property worth $400 million and owned by Politically Exposed Persons (PEP) in Nigeria were located in London and Dubai. The revelation is coming as the Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanonye, said it dragged about 2,000 corporate entities into the country’s tax net. A statement issued by ICPC said Page made the disclosure in his paper presentation titled: “IFFs through the Real Estate and Education Sectors: Implications for Investigators,” at an event organised by the agency in Abuja. He urged the investigators of the ICPC to pay attention to real estate and education sectors-linked illicit financial flows. He noted ...
Shell employees launch N82 million free feeding programme at isolation centres
Getty Images Employees of Shell companies in Nigeria have launched free feeding programme in COVID-19 isolation centres in seven states under the Shell Employee Care Programme, the General Manager External Relations of Shell Nigeria, Igo Weli, said in a statement on Thursday. “The programme has kicked off in Abia, Bayelsa, Delta, Imo, Lagos, Ogun and Rivers and it is a further demonstration of care to the people following the numerous intervention programmes by Shell companies in Nigeria particularly in support of government at all levels in the fight against the spread of the novel coronavirus pandemic,” Weli said. The feeding programme, according to Weli, was being funded from personal donations by staff and contractors of the Anglo-Dutch integrated energy giant, the total amount of whic...
