Seplat Denies Underpaying Government By $1.8Bn

Yemisi Izuora 

Seplat Petroleum Development Company Plc, has denied recent publications alleging that it  “failed to remit complete dues” on royalty oil, royalty gas, concessional rental and gas flared penalty from 2013 through 2017.  

 In a statement by Chioma Nwachuku – GM, External Affairs & Communications, “Seplat strongly refutes the allegation of non-payment of Gas sale royalty, Oil royalty, Concession rental and Gas flare penalty and confirms that it is up to date on all statutory payments to the Federal Government of Nigeria. Seplat will vigorously defend its position.”

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