Oil giant spends $1.6bn on contracts to indigenous firms as Country Chair, Osagie Okunbor, expresses strong ties with Nigeria Shell Companies in Nigeria has paid $1.886 billion ($1.9bn approximate) on royalty and taxes to the Nigerian government in the two years period of 2020 and 2021. Platforms Africa reports that the oil giant also said it spent over $1.6 billion on contracts to indigenous firms in the country during same period. A 2021 briefing note from the company, which contained these figures showed that Shell paid $986 million in…
Read MoreShell Pays $1.9bn Royalty, Taxes To Nigeria In Two Years
