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Oil community gives Shell 48hrs ultimatum

22 May 2012, 08:56

Delta - Kokodi Agbene community contractors, executing the multi-million naira cottage hospital in Warri South-West Local Government Area of Delta State, have given Shell Petroleum Development Company, SPDC, a 48-hour ultimatum to pay them for work done or face their wrath, Vanguard reports.

The groups in a statement said the ultimatum had become imperative as various banks from where loans were obtained for the execution of the project, were now set to confiscate their property used as collateral due to default in re-payment of the loans.

They claimed that they had executed the hospital project to Shell’s specification and expressed worry that the company was not living up to its pledge of paying up for them to meet the completion time frame.

See details: Vanguard


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