FG defends Seplat over pioneer status controversy

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Austin Avuru, CEO, Seplat Petroleum Development Company Plc
The federal government has come out with a robust defence of indigenous oil and gas company, Seplat Petroleum Development Company Plc over a newspaper report that the company fraudulently obtained its Pioneer Status Incentive.
The defence was communicated via a newspaper advert in Thisday of Saturday May 23, 2014. According to the statement “The attention of the Federal government is drawn to a recent publication in Thisday newspaper of May 10, 2015 concerning allegation of purported wrongful grant of Pioneer Status Incentive to undeserving companies by NIPC between 2010 and 2014 and the resultant …Read More

Source:: PM Newspaper