Ikeja : Shell petroleum remits $6.3b to nigeria for 2018 tax, 48% more than 20 (Ikeja) NGN 10
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Shell Petroleum Development Company (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) remitted $6.3 billion in 2018 to Nigerian government. The money which represented tax and production entitlement for the 2018 fiscal year and was paid to the Nigerian National Petroleum Corporation (NNPC), Federal Inland Revenue Service (FIRS), Department of Petroleum Resources (DPR), and the Niger Delta Development Commission (NDDC). The payments signified a 48 per cent increase […] Price: NGN 10