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Reading: President Tinubu reaffirms support for increased investments by Shell in Nigeria
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President Tinubu reaffirms support for increased investments by Shell in Nigeria

Osondu Nwachukwu
Last updated: 2023/12/07 at 8:09 PM
Osondu Nwachukwu
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President Tinubu reaffirms support for increased investments by Shell in Nigeria
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President Bola Tinubu expressed confidence in bolstering investments from the Shell Petroleum Development Company of Nigeria (SPDC) during a meeting with the company’s management, led by Global Integrated Gas and Upstream Director, Ms. Zoe Yujnovich.

Highlighting Nigeria’s historic ties with Shell, which date back to the discovery of the country’s first commercial oil field in Oloibiri in 1956, President Tinubu reaffirmed his administration’s commitment to ensuring the security and growth of existing and prospective investments in the nation.

“We have been progressing since our previous engagements. I remain steadfast in supporting and fostering your endeavours here. 

“There’s a clear focus on attracting investments within and around the continent. I am personally championing Nigeria’s global drive to attract new investments on home turf,” President Tinubu asserted.

Recognizing the long-standing relationship between Nigeria and Shell, the President encouraged the company to expand its activities further, expressing readiness to facilitate and support their endeavours.

“We are deeply committed to resolving any issues related to investment. No challenge is insurmountable as we stride towards making Nigeria a prime hub for substantial investments across critical sectors. 

“Mutual collaboration is crucial,” President Tinubu conveyed to the visiting Shell delegation.

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Posted by Osondu Nwachukwu
Osodu Nwachukwu is a journalist with nearly a decade of experience in the field. He began his career as a reporter for an evening newspaper before moving on to cover regional news for a larger publication. During his time there, he covered a wide range of stories including the 2015 and 2019 presidential elections. Osondu is a graduate of the Nigerian Institute of Journalism and holds a Post Graduate Diploma from the International Institute of Journalism. In his free time, he enjoys volunteering with organizations that support people with disabilities. Contact: Osondu.Nwachukwu [at] news.ng
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