
Payments made by Royal Dutch Shell, the major international oil company operating in Nigeria to the federal government increased from $3,638,241,040 in 2016 to $4,322,742,582 in 2017. The rise in payment was as a result of a 10 % growth in production, the oil company said in its 2017 sustainability report published on Monday.
BY SAHARA REPORTERS, NEW YORK APR 10, 2018
Payments made by Royal Dutch Shell, the major international oil company operating in Nigeria to the federal government increased from $3,638,241,040 in 2016 to $4,322,742,582 in 2017.
The rise in payment was as a result of a 10 % growth in production, the oil company said in its 2017 sustainability report published on Monday.
The company said in the report that output from its operated fields averaged 464,000 barrel of oil equivalent per day (boe/d) while production from offshore and deep-water fields managed by its local subsidiary, Shell Nigeria Exploration and Production Company Limited (SNEPCo), averaged 167,000 boe/d.
A breakdown of money paid to the Nigerian government by Shell shows that it is made up of production entitlement, taxes, royalties, and fees.
While $3,197,530,557 was spent on production entitlement, $765,526,389; went to taxes, $245,769,306 was paid as royalties and $113,916,331 was used to pay fees.
The production entitlement was paid to the NNPC, the Department of Petroleum Resources collected the royalty, while the Federal Inland Revenue Service received the tax returns.
The Niger Delta Development Commission (NDDC), was given a statutory allocation of $79,675,241.
The IOC, however, warned that insecurity in the Niger-Delta remains a challenge to its operations.
The proceeds of Shel’s remittances to the federal account, were derived from its operations in Shell Petroleum Development Company (SPDC) in Shallow Water, SPDC West, SPDC East and Production Sharing Contracts (PSC) 1993 (OPL212/OML118, OPL219/OML135) and PSC 1993 (OPL209).
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.














IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:


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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































