Shell pays $48bn to FG in five years

Royal Dutch Shell Plc, the parent company of Shell Petroleum Development Company of Nigeria Limited (SPDC) has said that its subsidiaries paid a total of $48bn (N9.46tn) in royalties and taxes to the Federal Government from 2010 to 2014, The Punch reports. The oil major, made this known in its ‘Sustainability Report 2014’ released on Friday, […]

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