FG grants Shell $11.5/barrel tax credit to unlock $20bn investment

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The Federal Government of Nigeria has granted Shell an $11.5 per barrel tax credit for the Bonga Southwest Aparo project, intending to unlock $20 billion in investment and increase Nigeria's oil production. This move aims to boost the country's energy sector and attract substantial foreign investment.

FG grants Shell a special $11.5/barrel tax credit for the Bonga Southwest Aparo project, aiming to unlock $20bn investment and boost Nigeria’s oil producti Read More: https://punchng.com/fg-grants-shell-11-5-barrel-tax-credit-to-unlock-20bn-investment/