SHELL PAID $44B
In spite of the operational challenges faced in the Niger Delta, Shell Petroleum Development Company of Nigeria Ltd (SPDC) paid the sum of $44 billion in royalties and taxes to the Federal Government between 2009 and 2013.
This is part of the company's contribution to the Nigerian economy in the period under review.
In 2013, SPDC and its subsidiary, Shell Nigeria Exploration and Production (SNEPCO), paid $4.0 billion as their share of royalties and taxes to the Nigerian government (SPDC $2.6 billion, SNEPCO $1.4 billion) to underscore the challenges of doing business.
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