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