EnergyNigeria
Federal Government Approves $11.50 per Barrel Tax Credit to Unlock Shell’s $20 Billion Bonga Southwest Aparo Project
The Federal Government has approved a production-linked tax credit of $11.50 per barrel for Shell Plc to advance the $20 billion Bonga Southwest Aparo deepwater oil project, a move expected to drive significant foreign direct investment and boost local content in Nigeria’s oil sector.
Tumaini Ndoye·2 min read··