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Govt earns N6.7tr from Shell in five years

Govt earns N6.7tr from Shell in five years • ‘Nigeria loses 400,000 barrels of crude oil daily’ THE Federal Government may have earned about $42 billion (N6,720 trillion) from the operations of the Shell Petroleum Development Company (SPDC) in the last five years.   The Country Chairman, Shell Companies in Nigeria and Managing Director, SPDC, Mutiu Sunmonu, disclosed this yesterday while launching the company’s 2013 briefing notes and the new “Let’s Go” campaign in Lagos.   Sunmonu, who highlighted the company’s contributions ...
Read the rest of the story on Guardian News

Added August 01, 2013
from Guardian News