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By Adewale Sanyaolu
Shell Petroleum Development of Nigeria Ltd (SPDC) and Shell Nigeria Exploration and Production Company Limited (SNEPCo) have paid a combined $142 million to the Niger Delta Development Commission (NDDC) as statutory contributions for 2023.
A statement by Shell Nigeria revealed that SPDC contributed $112.5 million while SNEPCo remitted $30 million, a significant increase from the $59.04 million and $20.73 million paid by the respective companies in 2022.
These contributions, made on behalf of the companies and their partners – Nigerian National Petroleum Company Limited (NNPC), TotalEnergies, EP Nigeria Limited, NAOC, and Esso Exploration and Production Nigeria Limited – are part of Shell’s commitment to the development of the Niger Delta.
“Our support for NDDC is part of our aspirations for the development of the Niger Delta which has also seen a wide range of social investments, including health and education,” SPDC Director and Country Head, Corporate Relations Igo Weli said. “With the continuous support of our partners, we will continue to discharge our obligations to communities through statutory payments to agencies and projects executed in partnership with stakeholders.”
Shell Companies in Nigeria have a long history of supporting community development programs, dating back to the 1960s. This support has benefited countless Nigerians through various initiatives:
Education: Over 8,284 grants awarded for secondary school, university, and cradle-to-career scholarships since 2016.
Health: The Health-in-Motion program has provided free medical services to over one million individuals since its inception in the early 2000s.
Entrepreneurship: The Shell LiveWIRE program has supported 73 businesses through training and mentorship, creating 97 employment opportunities for Nigerians.
