The Chief Executive Officer of Shell Plc, Mr Wael Sawan, has praised President Bola Tinubu’s leadership for creating a healthy climate for investments to thrive and restoring investor confidence. According to a statement by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, Sawan emphasised that Nigeria, under the Tinubu administration, is one of the countries attracting significant investment from global oil companies. “We have really been in a space where we are very keen to invest in Nigeria. At the meeting, Tinubu approved the gazetting of targeted, investment-linked incentives to support the proposed Bonga Southwest deep offshore oil project by Shell and its partners. “My expectation is clear: Bonga Southwest must reach a Final Investment Decision within the first term of this administration,” Tinubu stated.

Source: Punch January 26, 2026 05:58 UTC