NNPC Boss Sees Shell’s Planned $20bn Bonga South West Project as Renewed Investor Confidence
Bayo Ojulari, group chief executive officer of the Nigerian National Petroleum Company, has said Shell’s planned $20bn investment in the Bonga South West project marks renewed foreign investment confidence in Nigeria’s oil and gas sector.
He said the meeting with President Bola Tinubu and Shell CEO Wael Sawan “underscores our momentum”.
“Over time, this capital will revive fabrication yards, create construction jobs, and deliver tangible opportunities for Nigerians,” he said on social media platform LinkedIn on Friday.
“At NNPC Limited, we will continue working closely with our partners, investors, and relevant government agencies to ensure that investment assumptions and commitments are credible, transparent, and fully realised.”
