Nigeria’s Oil Royalty, Taxes from Shell Fell by $3.7bn in 2020

Nigeria’s Oil Royalty, Taxes from Shell Fell by $3.7bn in 2020

*Oil company allays fears of exit from Nigeria Peter Uzoho Nigeria suffered a drop of $3.7 billion in taxes and royalties from Shell Companies in the country as the oil major paid just $900 million in 2020, down from $4.6 billion it paid in 2019. Shell also allayed fear of its purported exit from Nigeria, […]
Source: Nigeria’s Oil Royalty, Taxes from Shell Fell by $3.7bn in 2020

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post culled from thisdaylive