Lagos - Nigeria received over $70billion as royalties and taxes from Shell companies in Nigeria between 2009 and 2013.
A breakdown of how the money was paid to the coffer of government shows that Shell Petroleum Development Company SPDC contributed $44billion while its sister company, Shell Nigeria Exploration and Production Company (SNEPCo) paid $26billion, reports Thisday.
The company also awarded contracts worth $1.5billion to Nigerian
companies in 2013 and paid $180million to the Niger Delta Development
Mutiu Sunmonu, Managing Director of Shell Petroleum Development Company (SPDC), said the company also contributed over 100million on corporate social responsibility.
Read more at Thisday.
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