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2015 ELECTION: Shell rules out candidate sponsorship

By Clara Nwachukwu

Shell Companies in Nigerian, SCiNn, have ruled out any possibility of sponsoring any candidate in the forthcoming elections in Nigeria.

Oil companies operating in Nigeria, particularly the International Oil Companies, IOCS, are allegedly being compelled to sponsor candidates for election, particularly from Peoples Democratic Party, PDP, to get approvals for some of their outstanding projects.

Country Chair and Shell Managing Director, Mr. Mutiu Sunmonu, who spoke in Lagos, however, denied the allegations saying, “there is no pressure on us from anybody in government to sponsor any election or candidate.

“As if prompting this question, I sent out a memo today to all staff in all our units that on no account must they get involved in politics.

“We are not politicians and we do not play politics and any staff who sponsors a candidate or a party must think twice and declare his interest.”

Sunmonu, who was responding to a question from Vanguard on the subject, argued that even he as the country chair cannot indulge in politicking

According to him, “there is a thin line between what I can do in my private capacity and as Shell country chair. So I cannot even dare. To answer your question directly, the answer is, no.”

With regard to the unending controversy over Shell’s acquisition of Oil Prospecting License, OPL 245, which the Federal Government withdrew from former petroleum minister Mr. Dan Etete, the Shell boss refused to give much details surrounding the feud on the block ownership.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.