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Governor Wike Announced Shell Petroleum Development Company in Rivers State

 Governor Nyesom Wike, the Rivers State Governor has announced that the Rivers State Government has fully acquired Shell Petroleum Development Company of Nigeria (SPDC) 45% interest in Oil Mining Lease (OML) 11 situated in Ejama Ebubu community in Eleme Local Government Area and the adjoining Ogoni and other communities of the State.

He said: "I am delighted to inform you that the Rivers State Government has fully acquired Shell Petroleum Development Company of Nigeria (SPDC) 45% interest in Oil Mining Lease (OML) 11 situated in EjamaEbubucommunity in Eleme Local Government Area and the adjoining Ogoni and other communities of Rivers State".
In a statewide broadcast on Monday at the Government House, Port Harcourt, Governor Wike in his address entitled: "WE WILL CONTINUE TO ADVANCE THE STATE'S INTEREST, SECURITY, AND PROSPERITY OF ALL", said his administration will always advance the best interest of Rivers State.

Governor Wike further explained the Background for the acquisition of OML 11, which is premised on Court Judgements, which have been registered in the United Kingdom and Nigeria for enforcement.

He said: "This fresh case commenced in 2001 passed through four different justices of that Court arising from twists and turns associated with opposed litigations, until it was disposed of about 10 years after in June 2010 by Buba J. (the fifth judge to preside over the matter).

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