My people, make I gist una! Shell don pack brain come Nigeria for big investment matter. Dem dey ready to drop up to $20 billion for our oil and gas sector, wey go change plenty levels for this country.
Bayo Ojulari, wey be the Group Chief Executive of Nigerian National Petroleum Company Limited, talk am after President Bola Tinubu gree yarn with Shell CEO, Wael Sawan. Na first time Shell global chairman dey gidigba with Nigerian President like dis, and e clear say dem don dey feel di vibe for our oil sector!
According to Ojulari, this big money wey Shell wan deploy na as a response to di new policy wey Tinubu introduce. E don show say dem dey reconsider Nigeria as investor-friendly place. If you sabi gbedu, you go know say competition dey everywhere, but di gists wey dey come from Nigeria dey hot now!
Shell don already drop over $7 billion since Tinubu start with di executive orders wey dey attract investments. E dey like say Nigerian oil sector don finally find di way wey e suppose dey, and international investors dey japa to dey invest!
Dem don even make moves like divestment wey Ojulari gree say e show confidence among international investors. Na so Shell come commit $5 billion for di Bonga North deepwater project and he don even approve another $2 billion for another shallow-water gas development. Na real big gists we dey talk so!
Ojulari still talk say na about $10 billion dem go need for di final investment decision on deepwater development. E go create employment di road too, as workers go need to build and maintain those projects for 20 to 30 years!
Dis one no be small matter o! Di fabrication yards wey don dey gather dust for long go dey busy again. Dis na good news for all our brothers and sisters dey find work! Ojulari dey reason am well whether di past policies dey work fine, and he don talk say Tinubu’s reforms dey really change di game!
Aside from everything, na true say di Petroleum Industry Act of 2021 don set di stage, but dem need update for more incentives to keep Nigeria as attractive option for investors. Make we shine our eyes as di game dey play, so that we go fit keep up!
Na dem sabi talk say, “Our responsibility na to be di conscience of di government,” na wetin Ojulari don promise. E mean say dem go ensure say all di claims wey dem dey make dey valid.
So, make we dey shine our eyes, because dis Shell jabber fit change plenty things for Naija, and we dey expect more good things to come!
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