Shell Companies Pay $1.09bn In Taxes To FG

LAGOS – Shell Companies paid over $1.09 billion in corporate taxes and royalties to the Federal Government last year. This included $442 million from Shell Petroleum Develop­ment Company (SPDC) and $649 million from Shell Nigeria Explo­ration and Production Company (SNEPCo). Besides, the companies award­ed contracts worth $1.98 billion to Nigeria-registered businesses, reflecting a 3% increase […]