Reported by: Agande Richard Aondofa | Edited by: Henry Owen
During a high-level visit to Shell’s operations, Vice President Kashim Shettima, accompanied by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Minister of Trade and Investment, Jumoke Oduwole, and Emir of Kano, Sanusi Lamido Sanusi, commended the company’s investments in deep-water projects, particularly the $5-billion Bonga North development, noting that work on the project is progressing following the Final Investment Decision (FID) taken early last year.
At the exhibition stand, Business Value Manager Chidi Nkazi briefed the delegation on Shell’s social investment programs in health, education, and employment generation. Nkazi highlighted that the company’s operations contribute significantly to national development through revenue generation, revealing that in 2024 alone, Shell companies in Nigeria paid $1.209 billion in taxes and royalties to the Federal Government.
The Vice President expressed satisfaction with the investments and their positive impact on economic growth and community development.
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