Shell Companies in Nigeria awarded contracts worth 518 million dollars to Nigerian indigenous companies in 2025, reinforcing the group’s commitment to the growth of the Nigerian content in the oil and gas industry.
The company’s Communications Manager, Mrs. Gladys Afam-Anadu, said in a statement on Tuesday that 123 indigenous companies were engaged across Shell’s operations and value chain within the year under review.
She quoted Shell’s Vice President, Commercial, Rohan D’Souza, as saying that the payments reflected strong support for Nigerian service providers operating within the company’s businesses.
D’Souza said thst Shell viewed the development of indigenous companies as more than regulatory compliance, describing it as a long-term strategy that created mutual value.
He noted that Nigerian firms have continued to provide technical, logistics and other specialised services, while benefiting from Shell’s capacity-building initiatives.
He also highlighted the recent inauguration of a 3 billion dollars contract finance facility by Shell Nigeria Exploration and Production Company Ltd. (SNEPCo).
The facility established with nine leading Nigerian banks is designed to help indigenous contractors execute projects awarded by SNEPCo.
He said that the financing package would be available in both Naira and United States dollars to improve contractors’ access to funding.
D’Souza disclosed that Shell paid about 2.016 billion dollars to the Nigerian Government in 2025.
The payments covered production entitlements, royalties, taxes and statutory fees, underscoring Shell’s longstanding partnership with Nigeria spanning more than six decades.
GIK/APA