Shell Pays $79M To NDDC
1 min read
Edith CHUKU
The Shell Petroleum Development Company of Nigeria Limited SPDC says it paid $79.77 million to the Niger Delta Development Commission NDDC, in 2022.
According to SPDC, $1.36 corporate taxes and royalties was also paid to Nigerian Government.
The operator of the NNPC/SPDC/Total Energies/NAOC Joint Venture also stated that 3,500 university grants and 900 cradle-to-career scholarship grants have been awarded since 2016 as part of its Corporate Social Responsibility, CSR.
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On Education, the oil giants said it has carried out $15 million worth of educational infrastructure projects in Lagos and Bayelsa State.”
SPDC assured that its relationship with Nigeria remained strong.