Shell Gets More Tax Relief on $20 Billion Nigerian Oil Project
Macro·1 article across 1 outlet
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Nigeria granted Shell Plc a production-linked tax credit for a deepwater project, an incentive that will be offered to other oil majors as Africa’s biggest producer seeks to boost production.
This move is part of Nigeria's strategy to enhance oil output and attract investment in the sector.
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“Nigeria granted Shell Plc a production-linked tax credit for a deepwater project, an incentive that will be offered to other oil majors as Africa’s biggest producer seeks to boost production,”
Bloomberg — Shell Gets More Tax Relief on $20 Billion Nigerian Oil Project