Shell companies in Nigeria say they awarded contracts worth 518 million US dollars to indigenous companies in 2025, reinforcing their commitment to the growth of Nigerian content in the oil and gas industry.
The company’s Communications Manager, Mrs. Gladys Afam-Anadu, disclosed this in a statement on Tuesday.
Afam-Anadu said 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 the payments reflected strong support for Nigerian service providers operating within the company’s businesses.
D’Souza said 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 specialized services while benefiting from Shell’s capacity-building initiatives.
He also highlighted the recent inauguration of a three billion dollar 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 the financing package would be available in both Naira and United States dollars to improve contractors’ access to funding.
D’Souza further 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.
