House to probe N700bn Shell gas project

After the Sallah break, the House of Representatives will commence investigations of a Shell-operated N700 billion gas project over which allegations of tax evasion of N7 billion have been made by a former employee of the oil multinational.

Following a petition by Chidi David Adebanya, a former Interface Manager of Shell Production Development Company (SPDC), the House Committee on Public Petitions chaired by Hon. Peter Edeh (Ezzah North/Ishielu Federal Constituency, Ebonyi State), said it will conduct a probe into the allegation.

Adebanya further complained that officials of the Economic and Financial Crimes Commission (EFCC) allegedly demanded for N120 million as bribe from him to quash the case.

According to him, Shell allegedly failed to pay various taxes amounting to N7 billion to the Bayelsa State Government as building permit fees on the Gbaran Ubie integrated oil and gas project in Gbarantoro Local Government Area of Bayelsa State.