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Serap Threatens Legal Action Over Govt Failure to Collect Revenue From Shell, ELF, Others

Mon. October 19, 2009; Posted: 10:47 AM
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Lagos, Oct 19, 2009 (Daily Independent/All Africa Global Media via COMTEX) -- RD | Quote | Chart | News | PowerRating -- A civil society group, Socio-Economic Rights and Accountability Project (SERAP) is threatening legal action if the President Umaru Musa Yar'Adua government "continues to fail and/or neglect to collect overdue revenue from Shell Petroleum Development Company (SPDC) Elf Petroleum Nigeria Ltd Agip Nigeria Plc Chevron Oil Nigeria Plc Total Nigeria Plc and ExxonMobil Corporation."

The group said the alleged failure by the government to "fully collect overdue revenue from the oil companies involved and ensure its transparent and efficient use for infrastructural development and the good of the country is a violation of Section 16 of the Deep Offshore and Inland Basin Production Contracts Act of 1999 the 1999 Nigerian Constitution and Nigeria's international human rights obligations and commitments.

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