• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, July 25, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Shell Companies Pay $1.208bn Royalties In 2024

by Chika Izuora
3 weeks ago
in News
shell
Share on WhatsAppShare on FacebookShare on XTelegram

Shell Nigeria Exploration and Production Company of Nigeria Ltd (SNEPCo), Shell Nigeria Gas (SNG) made a combined payment of $1.208 billion dollars in royalties to the Nigerian government last year.

Advertisement

Oil major, Shell, is also investing in the future of Nigeria with the Final Investment Decision on the $5 billion Bonga North deep-water project, and SNEPCo increasing its interest in the OML 118, which includes the Bonga field, from 55 per cent to 67.5 per cent, through the acquisition of the 12.5 per cent stake of TotalEnergies.

Shell Companies in Nigeria (SCiN), disclosed the information when it kicked off their participation at the 24th Nigeria Oil and Gas Conference and Exhibition in Abuja with an elaborate exhibition on their operations which drew commendation from top government functionaries and other conference participants.

Among the visitors to the stand were the Minister of State for Petroleum, Heineken Lokpobiri and the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bayo Ojulari, who were conducted round by Business Value Manager, Chidi Nkazi.

The SCiN are Diamond sponsors of the conference and are among many exhibiting companies from 85 countries.

RELATED

Gov Makinde Takes Over Ministry To Strengthen Oyo Tourism Industry

Gov Makinde Takes Over Ministry To Strengthen Oyo Tourism Industry

17 minutes ago
JUST-IN: Emir Of Gusau Dies At 71

JUST-IN: Emir Of Gusau Dies At 71

44 minutes ago

The exhibition features the positive impact of the Shell presence on the development of the country through the businesses run by Shell Nigeria Exploration and Production Company of Nigeria Ltd (SNEPCo), Shell Nigeria Gas (SNG), All On and Daystar Power. These companies have achieved many milestones in deep-water production, gas supply to industries as well as provision of off-grid energy and renewables.

On its part, SNG serves more than 140 industrial and commercial customers in Ogun, Abia, and Rivers states while All On now has a total portfolio of 51 renewable energy companies, which have delivered more than 210,000 energy connections across the country. Daystar Power is offering integrated solar power to businesses in five countries in Africa, including Nigeria.

Shell’s Business Value manager, Chidi Nkazi who spoke at the exhibition stand: “A robust social investment portfolio by SCiN has also led to the implementation of programmes in education, health, employment generation as well as infrastructural development across communities in Nigeria.”
The participation of SCiN at NOG continues with Shell leaders making presentations and participating in key panel sessions.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




Tags: Shell Nigeria Exploration and Production Company Ltd (SNEPCo)
SendShareTweetShare
Previous Post

Army Prioritising Soldiers’ Welfare In Ongoing Reforms To Secure Nigeria – COAS

Next Post

Adamawa Poly Correspondents’ Chapel Deepens Media Synergy

Chika Izuora

Chika Izuora

You May Like

Gov Makinde Takes Over Ministry To Strengthen Oyo Tourism Industry
News

Gov Makinde Takes Over Ministry To Strengthen Oyo Tourism Industry

2025/07/25
JUST-IN: Emir Of Gusau Dies At 71
News

JUST-IN: Emir Of Gusau Dies At 71

2025/07/25
BREAKING: Tinubu Appoints Olukoyede New EFCC Chairman
News

Shun Corruption, EFCC Boss Warns Pupils

2025/07/25
NESREA Shuts 46 Facilities For Environmental Violations
News

NESREA Seals 14 Firms For Violating Environmental Laws In FCT

2025/07/25
News

Army Disowns Viral Video On Arrest Of Foreign Arms Dealer In Zamfara

2025/07/25
Aide Hails Governor Mutfwang Over Metro Bus Service
News

Aide Hails Governor Mutfwang Over Metro Bus Service

2025/07/25
Leadership Conference advertisement

LATEST

Gov Makinde Takes Over Ministry To Strengthen Oyo Tourism Industry

Kwankwaso Accuses Tinubu Of Sidelining North In Resource Allocation

JUST-IN: Emir Of Gusau Dies At 71

Super Falcons Dismiss Pressure Ahead Of Final Pursuit For 10th WAFCON Title

Barau FC Eye Ladan Bosso As New Technical Adviser

We Paid You N1m Monthly, Enyimba Fires Back At Ideye

Wrestling Legend Hulk Hogan Dies At 71

Firmino Confirms Saudi Pro League Exit For Qatar

Agara Vows To Foster Karate Growth In Africa As UFAK’s 4th Vice President

Transfer: Gyokeres Sets For Arsenal’s Medicals Ahead Of Unveiling

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.