Shell (Disadvantages (Some of the profit earned goes abroad to the home…
Grants and subsidies sometimes given.
Some profit goes abroad.
Higher value jobs go to foreigners.
Poor pay for workers and some poor working conditions.
Valuable export revenues
Investment in local business and education.
More money spent in the economy.
What is Shell?
Invests a large amount of money into extracting oil from the delta.
It is an Anglo-Dutch company, part English and part Dutch.
It has extracted oil from the Niger delta since 1958 when oil was discovered there.
Its headquarters are located in the Netherlands.
It is one of the worlds largest oil companies and is a transnational corporation.
Some of the profit earned goes abroad to the home country.
Some workers are paid poorly and have bad working conditions.
Militant groups disrupt oil supply in the Niger delta
Oil theft costs billions of dollars to Shell and the Nigerian government.
Oil flares send toxic fumes into the air.
Oil spills cause water pollution and can damage farms and agriculture.
Other local companies can benefit from increased orders
Supports growth in the Nigerian energy sector.
91% of Shell contracts go to Nigerian companies.
It provides 250000 jobs in industry.
Provides employment for 65000 Nigerian workers.
Contributes money to government as taxes.