Business Shell Pays $70bn to FG in Five Years - ThisDay

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The Managing Director of Shell Petroleum Development Company (SPDC) and Country Chairman of Shell companies in Nigeria, Mr. Mutiu Sunmonu, has disclosed that the group contributed $70billion to the Nigerian coffer from 2009 to 2013.

Briefing journalists in Lagos last night, Sunmonu stated that while #SPDC contributed $44billion, the sister company, Shell Nigeria Exploration and Production Company (SNEPCo) paid $26billion.

Sunmonu further stated that Shell companies awarded contracts worth $1.5billion to Nigerian companies in 2013 and paid $180million to the Niger Delta Development Commission (NDDC).

According to him, Shell also contributed over $700million to Education Fund and over 100million on corporate social responsibility.

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Source: #Thisday Newpaper
 
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