Nigeria’s Vice President Kashim Shettima has praised Shell for its sustained investments in the country, describing them as crucial to economic growth and energy security.
At the Nigerian Economic Summit in Abuja, Shettima, standing in for President Bola Tinubu, commended the contributions of Shell Nigeria Exploration and Production Company, Shell Nigeria Gas, as well as its affiliates All On and Daystar Power.
He said the Federal Government welcomed Shell’s ongoing $5 billion Bonga North deep-water development, which entered implementation after its final investment decision in 2024.
During a tour of Shell’s exhibition stand, Shettima and senior officials — including Finance Minister Wale Edun and the Emir of Kano, Sanusi Lamido Sanusi — were briefed on the company’s activities.
Shell’s Business Value Manager, Chidi Nkazi, underlined the company’s wider impact, noting investments in healthcare, education and employment, as well as $1.208 billion in taxes and royalties paid to Nigeria in 2024.
