Africa Development Economy Impact Investment Nigeria Social

Shell’s 2019 Social Investment programmes in Nigeria

Shell companies in Nigeria have over the years shown atypical commitment to the growth and development of Nigerian economy as well as the Nigerian people.

Over the decades, Shell through its various social investment programme continued to stimulate economic growth and improved quality of life for Nigerian people.

In its 2020 Nigerian Briefing Notes, Shell disclosed that its social investment in Nigeria in 2019 stood at US$40M. It stated that the investments were done through its three subsidiaries – Shell Petroleum Development Company (SPDC), Shell Nigeria Exploration and Production Company (SNEPCO), and Shell Nigeria Gas (SNG).

Also read: Consequences of a fragmented ESG on Nigeria’s food system

Source: OrientEnergyReview via CrudeMix Africa

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