Nigeria Briefing Notes
The Nigeria Briefing Notes provide an overview of the activities of several Nigerian companies owned by Shell or in which Shell has an interest. They offer insight into our business ambitions, how we are contributing to communities and the actions we are taking to prevent and clean up oil spills.
For more than 60 years, Shell has invested in Nigeria’s economy and the Nigerian people. Together, we have built robust oil and gas businesses and contributed to neighbouring communities. Our commitment remains strong, even as the content of our asset portfolio changes. We have announced a review of our Nigerian onshore oil investments and these Nigeria Briefing Notes explain how we will focus our ambitions on two key areas:
- Deep-water exploration and production in the Gulf of Guinea, where the renewal of the OML 118 licence for 20 years has opened up further opportunities; and
- Expansion of the gas supply and distribution network within Nigeria and to international markets.
These ambitions align with Shell’s Powering Progress strategy and support Nigeria’s vision to provide reliable, affordable power to its people. In 2021, Nigeria continued to receive the largest concentration of social investment in Shell. Our health-care and education programmes helped thousands more people over the last year. We continue to work to bring energy to off-grid communities through All On, our not-for-profit impact investment company.
We will continue to clean up oil spills, despite the challenges arising from the illegal actions of third parties, such as sabotage and crude oil theft. The clean-up and remediation in the Ogoniland community of Bodo has made solid progress, with around 60% of the area remediated and 300,000 mangrove seedlings planted.
Download the Nigeria Briefing Notes to read more about our successes and how we are tackling the challenges we face.
Message from Osagie Okunbor, Country Chair of Shell Companies in Nigeria
Our relationship with Nigeria remains strong and we are focusing our ambitions on our Nigerian deep-water production and gas distribution businesses.
Fact sheet: 2021 Key Developments
For quick reference, take a look at our 2021 summary on Shell’s business developments, social programmes and the clean-up of spills.
Industrialisation hinges on gas development, investment
Nigeria has some of Africa’s largest reserves of oil and natural gas, giving it the resources to build a prosperous economy for its growing population of around 200 million people.
Increasing access to affordable quality health care
Shell Companies in Nigeria seek to help increase Nigerians’ access to health services, expand health insurance schemes and strengthen health systems by working with key stakeholders, including government, community leaders and civil society organisations.
COVID-19 response – boosting testing capacity and supporting vaccination
At the outbreak of COVID-19 in Nigeria, the Shell Companies in Nigeria took a strategic decision to support Nigeria in fighting the spread of the virus.