SNEPCo paid N366 billion in revenue to Nigerian government in 2018

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Nigeria’s foremost deep-water oil and gas company, Shell Nigeria Exploration and Production Company Limited (SNEPCo), paid N366 billion in 2018 as revenue to the federal government from its exploration activities, it said in an emailed statement Tuesday.

It made another N2.1 billion as statutory payment to the Niger Delta Development Commission, SNEPCo’s Managing Director, Bayo Ojulari, said.

Details coming

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