BusinessDay
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Shell paid Nigerian government N1.7trn in taxes, royalties, fees in 2019

International oil major, Royal Dutch Shell, and its subsidiaries paid the Federal Government of Nigeria over $5.6 billion which, at the exchange rate of N307/$1, comes to N1.7 trillion, the company disclosed in its sustainability report for 2019. This amount, which represents about 20 percent of the 2019 budget, comprises payments for fees, royalties, production…



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