In 2021, the Norwegian company Equinor, formerly Statoil and StatoilHydro, paid 466 million U.S. dollars to the Nigerian government for extractive activities. The largest amount was generated by host government entitlements, which accounted for 122 million euros. Overall, the amount paid in 2021 was considerably higher compared to the preceding year.
Payments by Equinor to Nigeria's government related to extractive activities from 2019 to 2021
(in million U.S. dollar)
Characteristic
2019
2020
2021
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* Taxes paid includes taxes paid in-kind.
Figures are not available for royalties in 2019 and 2020.
Total exclude host government entitlements in mmboe.
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Equinor. (March 18, 2022). Payments by Equinor to Nigeria's government related to extractive activities from 2019 to 2021 (in million U.S. dollar) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1166032/equinor-payment-to-nigeria-for-extractive-activities/
Equinor. "Payments by Equinor to Nigeria's government related to extractive activities from 2019 to 2021 (in million U.S. dollar)." Chart. March 18, 2022. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1166032/equinor-payment-to-nigeria-for-extractive-activities/
Equinor. (2022). Payments by Equinor to Nigeria's government related to extractive activities from 2019 to 2021 (in million U.S. dollar). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1166032/equinor-payment-to-nigeria-for-extractive-activities/
Equinor. "Payments by Equinor to Nigeria's Government Related to Extractive Activities from 2019 to 2021 (in Million U.S. Dollar)." Statista, Statista Inc., 18 Mar 2022, https://www.statista.com/statistics/1166032/equinor-payment-to-nigeria-for-extractive-activities/
Equinor, Payments by Equinor to Nigeria's government related to extractive activities from 2019 to 2021 (in million U.S. dollar) Statista, https://www.statista.com/statistics/1166032/equinor-payment-to-nigeria-for-extractive-activities/ (last visited September 01, 2024)
Payments by Equinor to Nigeria's government related to extractive activities from 2019 to 2021 (in million U.S. dollar) [Graph], Equinor, March 18, 2022. [Online]. Available: https://www.statista.com/statistics/1166032/equinor-payment-to-nigeria-for-extractive-activities/