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

Cost Of Borrowing Pulling Down Geregu's Profit

Cost Of Borrowing Pulling Down Geregu’s Profit

Despite a double-digit growth in Geregu Power’s top line, the company’s bottom line declined amid rising interest payments on its borrowings. Prime Business Africa gathered that Geregu’s revenue grew by 34.86 percent to N184.93 billion in 2025, rising from the N137.12 billion
John Holt, CWG, Others End Nigerian Stock Market Losing Streak With N141.70bn Gain

NGX Extends Upward Movement With N880bn Gain

The market capitalisation of the Nigerian Exchange (NGX) increased by N880.34 billion to N114.37 trillion on Wednesday, from the N113.49 trillion valuation recorded on Tuesday, February 10. Also, the all-share index (ASI) expanded to 178,184.35 ASI, from 176,809.42 ASI, representing a gain
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

Why Afreximbank Should Take A Firm Stand On Ghana And Zambia - Utomi

We Don’t Have Real Political Parties Driving True Democracy In Nigeria – Utomi  

Good democratic governance that caters to the welfare of all
Nasarawa Govt Shuts Down Schools Over Security Threats

Nasarawa Govt Shuts Down Schools Over Security Threats

Nasarawa State in the North Central region of Nigeria has