Leaking Revenue: How a big tax break to European gas companies has cost Nigeria billions | ActionAid UK

Leaking Revenue: How a big tax break to European gas companies has cost Nigeria billions

Nigeria, Africa’s most populous country, has lost out on US$3.3billion as a result of an extraordinary ten-year tax break granted by the Nigerian government to some of the world’s biggest oil and gas companies: Shell, Total and ENI. In a country where 110 million people live in extreme poverty and more than half of the popoulation do not have access to clean water, this money is urgently needed.

This report shows how such a tax break was reached, looks at what this means for Nigeria, and discusses the global problem of harmful tax incentives, setting out recommendations for governments and international companies to end harmful tax practices.

  • Published 20th January 2016
  • Author(s) Anders Dahlbeck
  • Category Tax justice

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