Contributing to Nigeria's economy
Shell’s Nigerian businesses support the development of local communities and companies. The businesses in which Shell has interests employed 2,500 people directly in 2021 and provided jobs for many others in supplier networks. In 2021, Shell Companies in Nigeria (SCiN) awarded contracts worth $800 million to Nigerian-registered companies.
Social and economic contribution of Shell companies in Nigeria
people employed by Shell, plus more than 8,500 contractors
employees in Nigeria who are Nigerian
royalties and corporate taxes paid to the Nigerian government in 2021 (SPDC $424 million and SNEPCo $562 million)
worth of contracts were awarded to Nigerian-registered companies
health-care projects supported by SPDC [A] JV and SNEPCo [B]
university grants awarded by SPDC JV and SNEPCo since 2016
In addition to paying $986 million in 2021 royalties and corporate taxes to the Nigerian government (SPDC $424 million; SNEPCo $562 million), Shell Companies in Nigeria (SCiN) also contributed $33.82 million in direct social investment. Social investment was mainly in projects related to community, health, education, road safety and enterprise programmes. These projects are often implemented in partnership with local authorities.
In 2021, we launched Shell Energy Nigeria, which aims to develop new gas distribution solutions and deliver competitive and reliable energy for power generation and industrial use across the country.
Read more about Shell’s economic contribution in Nigeria at www.shell.com.ng/nigeria-briefing-notes.