Seplat Energy Defends CEO, Roger Brown, Amid Series Of Allegations

March 9, 2023
Seplat Shareholders Demand Sack Of CEO, Board Amid Legal Fees Controversy

The board of directors, Seplat Energy Plc, have thrown their weight behind the company’s Chief Executive Officer, Roger Brown, after a series of allegations made against him by the Federal Government.

In a letter dated 3 March 2023, written to Seplat’s board, FG said some employees accused Brown of racism and discriminating against Nigerian workers while favouring foreign staff.

Join our WhatsApp Channel

Part of the allegation included possession of a Combined Expatriate Residence Permit and Aliens Card (CERPAC) which FG said wasn’t a valid Expatriate Quota.

In light of the allegations, the government revoked his visa, restricting him from working in Nigeria, but in response, Seplat said Brown will work from the company’s office in the United Kingdom. 

The oil and gas firm said Brown has the confidence of the board, as the allegations made against him are a spurious and vindictive reaction to the enforcement of corporate governance standards in the Company by the board. 

This was stated in a statement sent to shareholders on Thursday, 9 March 2023, which opined that the allegation was orchestrated by media reports and clearly calculated to spread false information. 

“Seplat Energy Plc has become aware of a news report following a letter regarding the residency status of its Chief Executive Officer (CEO), Mr Roger Brown. 

“Seplat Energy wishes to refute the false allegations against Mr Brown, which have been presented to the Ministry of Interior and the public by certain petitioners, and which have not been brought to the attention of Mr Roger Brown or Seplat Energy for a reaction.

“The orchestrated media reports are clearly calculated to spread false information. Seplat Energy will be engaging with the Ministry to reject the impressions created by these allegations,” the company wrote.

It stated further: “The Board believes that these allegations are a spurious and vindictive reaction to the enforcement of corporate governance standards in the Company by the Board of Seplat Energy. 

“Over the past decade, Mr Brown has earned an unblemished record of service and leadership in the Company. On 8th March 2023, the Board of Seplat Energy unanimously passed a vote of confidence in Mr Brown, who continues to discharge his duties and responsibilities as CEO from the SEPLAT UK office.”

+ posts

Featured Stories

Latest from Business News

Ruto Signals Deeper AFC Role in Kenya’s Lamu Refinery Push

Written by Amanze Chinonye Kenya has increased its shareholding in the Africa Finance Corporation (AFC) by $25 million (3.25 billion shillings), President William Ruto said on Saturday during a visit to the pan-African lender’s headquarters in Lagos, as Nairobi seeks financing for major
Global Oil Prices Rise To $73.05/ Barrel As Market Prepares For 2024 Outlook

TOR Secures 950,000 Barrels of Sankofa Crude to Sustain Operations

Written by Amanze Chinonye Tema Oil Refinery (TOR) has secured 950,000 barrels of locally produced crude from Ghana’s Sankofa-Gye Nyame field, providing fresh feedstock as the refinery works to sustain operations and increase fuel production for the domestic market, Prime Business Africa reports.

Gambia Orders Banks to Replace Non-Gambian Staff by Year-End

Written by Amanze Chinonye The Central Bank of The Gambia has directed commercial banks to phase out non-Gambian employees and replace them with suitably qualified Gambian nationals by Dec. 31, as the regulator tightens enforcement of rules governing expatriate employment in the banking

Dangote, Ethiopia and Djibouti Unveil $660m Fuel Pipeline Plan

Written by Amanze Chinonye Ethiopia, Djibouti and Nigerian industrialist Aliko Dangote plan to invest $660 million in a refined petroleum products pipeline connecting the two East African countries, seeking to lower fuel transportation costs and strengthen energy security. Join our WhatsApp Channel The

Lithium: Will Nigeria Repeat the Oil Curse?

Written by MARCEL MBAMALU There is a road out of Lafia where trucks leave every night loaded with stones that will power Tesla batteries in Berlin and solar storage in Beijing, but cannot power the village they left. That is the story of
Previous Story

New Funding Streams Activated After Fifth Successive Failed Rainy Season In Somalia

Spotify Unveils New Features For A Better User Experience
Next Story

Spotify Unveils New Features For A Better User Experience

Don't Miss

Dangote Sugar, Okomu Oil, Other Gainers Add N764bn To Stock Market Cap

Dangote Sugar and Okomu Oil led the stock market gainers’

2023: With Obi Entry We’re Confident Of Victory – Labour Party

Leadership of Labour Party (LP) has officially welcomed former governor