Agbomhere promises sustained fight over Shell’s asset divestment

Recall that Shell, one of the international oil companies (IOCs), involved in oil exploration in Nigeria over the years has pulled out of production of crude at the onshore basins of the Niger Delta and divested their assets to Renaissance group, a company without any Niger Deltan in its board.

Meanwhile, Agbomhere, representing the interest of Niger Deltans, and on behalf of his clients is challenging the decision of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to award Shell’s assets to Renaissance group insisting that the move falls short of the combined provisions of sections 1, 2, 3, 12, 14, 15 and 16 of the Nigerian Oil and Gas Industry Content Development Act 2010 and Section 42 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended).