
Seplat issues scam alert on Poverty Alleviation Subsidy
Indigenous energy firm, Seplat Energy Plc, has described a claim that it was running a purported government poverty alleviation subsidy as false. It said social media and other digital publications on the said subsidy porogramme are dubious.
“This is to state the Company is not behind this exercise. Seplat Energy does not offer any form of Government Poverty Alleviation Subsidy of this nature,” Declared Dr Chioma Afe in a media statement.
“However, Seplat Energy remains committed in the generation of value for all our stakeholders.
“Guided by our strategic framework, our business model applies our core strengths, relationships and experience to create long-term value and shared prosperity for all of our stakeholders.
“The Company prioritizes the effective management of relationships with all stakeholders including host communities, JV partners, government, regulatory bodies and shareholders.
“Our continuing success depends on many different stakeholders, including employees, suppliers and local communities. We recognise the importance of regular engagement with all our stakeholder groups and adopt the most appropriate channels for each,” she explained.