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Shell Global Ceo Hails President Tinubu, says His Leadership And Vision the Reasons Shell is Keen To Invest $20 Billion in Nigeria

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Mr Wael Sawan, the Chief Executive of Shell Plc, has praised President Bola Tinubu’s leadership for creating a healthy climate for investments to thrive and restoring investor confidence.

At a meeting with President Tinubu at the Presidential Villa, Mr Sawan said Shell is deepening and expanding its investments in Nigeria, and the company is ready, alongside its partners, to invest an additional $20 billion, primarily because of the robust and bold leadership of the President.

 

 

 

He emphasised that Nigeria, under the Tinubu administration, is one of the countries attracting significant investment from global oil companies.

 

 

 

Highlighting Shell’s recent investments, such as $5 billion in Bonga North, $2 billion in HI, and the gas project to NLNG, Sawan stated that the corporation is committed to long-term investments in the country, underscoring the stable economic environment.

 

 

 

“We have really been in a space where we are very keen to invest in Nigeria. But I would say this has not always been the case. Your leadership and your vision have created an investment climate over the last few years that, I will be very honest with you, propelled us to invest, in particular, also as we compare to other investments around the world,” he said.

 

 

 

“Stability in today’s environment will honestly have a premium for corporates because we are investing not for one administration or five or 10 years, we want to invest for 20, 30, 40 years and in the case of Nigeria, for many, many decades.”

 

 

 

Speaking on the expansion of Shell’s investments in Nigeria, Mr Sawan said the corporation has also deepened its interest in Block OML 118, the Bonga Block.

 

 

 

“Total Energies was selling, so we bought it because we want to deepen further. But that, we think, is not enough. We think there is more to invest here, and we understand the vision that you have for the country. And so we are indeed working on a project, Bonga Southwest, that could, if we reach an FID stage, see us, with our partners, invest around $20 billion in foreign direct investment, half of which will be capital. The other half will be the operating expenses and the like that will come into the country,” he said.

 

 

 

“This will be one of the biggest, I would say, energy projects in the world.”

 

 

 

Speaking further, he added: “We still see opportunities like Bonga South, which is further in the funnel, to be able to continue to invest.”

 

 

 

Mr Sawan described Shell’s new commitments as a “sea change” from where it was several years ago, when the corporation was pulling back on investments in the country.

 

 

 

“Your Excellency, to Bonga Southwest, that huge project, I would like to thank you. I want to thank you for the leadership you have shown there to be able to provide the incremental incentives that are now getting us line of sight to an investment in this project with our partners,” the Shell Chief Executive thanked the President.

 

 

 

He also commended the President’s team, describing them as outstanding professionals.

 

 

 

“And that leadership, I would also say, has put many of the people that we are working with, your team, are amongst the best that we are dealing with anywhere in the world, and that professionalism allows us to be able to have the confidence, and I would say our partners as well, to have the confidence to continue to invest,” he concluded.

 

 

 

At the meeting, Tinubu approved the gazetting of targeted, investment-linked incentives to support the proposed Bonga South West deep offshore oil project by Shell and its partners.

 

 

 

The President also directed his Special Adviser on Energy, Mrs Olu Arowolo-Verheijen, to facilitate the gazette of the incentives in line with Nigeria’s existing legal and fiscal frameworks.

 

 

 

“These incentives are not blanket concessions,” the President stated. “They are ring-fenced and investment-linked, focused on new capital and incremental production, strong local content delivery, and in-country value addition.

 

 

 

“My expectation is clear: Bonga South West must reach a Final Investment Decision within the first term of this administration,” President Tinubu added.

 

 

 

 

 

Bayo Onanuga

 

Special Adviser to the President

 

(Information & Strategy)

 

January 25, 2026

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11 more arrested over Ozoro “r@ping festival”

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The police in Delta state have arrested eleven more suspects over the sexu@l ass@ults recorded during what was described as a “r@ping festival” in Oramudu Quarters in Ozoro last Thursday, March 19.

In a statement released on Saturday, March 21, the spokesperson of the command, SP Bright Edafe, said the CP Special Assignment Team (CP-SAT) was tasked with conducting a detailed investigation into the incident.

Edafe said operatives of CP-SAT conducted a thorough analysis of available video evidence and intelligence, leading to the arrest of eleven additional suspects identified as Samson Atukpodo, Steven ovie, Ugbevo Samson, Afoke Akporobaro, Evidence Oguname, and six others. Edafe mentioned that these latest arrests bring the total number of suspects currently in police custody in connection with the incident to fifteen (15)

“The Command reiterates that preliminary findings indicate that the unfortunate incident was perpetrated by criminal elements who exploited the situation to engage in acts of sexu@l v!olence, which are in no way representative of any legitimate cultural practice.

The Commissioner of Police, Delta State Command, CP Aina Adesola, condemns these acts in totality and reassures the public that the Command remains resolute in its determination to ensure that all those involved are identified, arrested, and prosecuted in accordance with the law. Members of the public, particularly victims and witnesses, are once again encouraged to come forward with credible information that will aid ongoing investigations. The Command assures that all information provided will be treated with strict confidentiality.”the statement in part reads

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So Sad: Father Dies While Rescuing Daughter From Midnight Fire, Both Perish in Minna Tragedy (Photos)

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A father’s ultimate act of love has ended in heartbreak after a devastating midnight fire claimed both his life and that of his six-year-old daughter in Minna, Niger State, leaving a family shattered and a community in mourning.

The tragedy struck at approximately 2am on March 2, 2026, when fire broke out at the residence of Ikechukwu Michael Njoku, 45, situated within the premises of St. Andrew Anglican Church in the Sabon Gari area of Minna.

According to accounts shared on Facebook by family acquaintance Offor Oscar Onyinye, Njoku was jolted awake by the smell of smoke and the sight of flames rapidly engulfing his home. Without pause for his own safety, he plunged into the inferno to rescue his young daughter, Esther, who was trapped inside the children’s room. Though he managed to pull himself out of the blaze, little Esther did not survive — she died instantly.

Njoku himself emerged from the fire with severe burns across his body. For nearly two weeks, he clung to life, battling his injuries at the IBB Specialist Hospital in Minna. His struggle ended on March 16, 2026, when he succumbed to his wounds — fourteen days after he had thrown himself into the flames for his child.

His wife and three other children survived the inferno but sustained serious injuries and remain hospitalised at IBB Specialist Hospital, where they continue to fight for recovery.

Father and daughter are to be laid to rest on March 27, 2026, in their ancestral hometown of Mebiokpa Okposi Ohozara in Ebonyi State.

“In just one night, a family lost so much — a father gone, a daughter gone, and others left in pain and trauma,” Onyinye wrote in a tribute that has since resonated widely across social media, with many describing Njoku as a hero whose love for his child knew no bounds.

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I Thought It Was A Joke — Nigerian Man Recounts What He Witnessed During “R@ping Festival” In Delta (Video)

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A video making rounds on social media has triggered widespread reactions after capturing a disturbing incident reportedly occurring in Ozoro, Delta State.

According to multiple posts online, there are claims that several women have been ass@ulted in the area during what some users are describing as a local gathering.

There are also warnings being shared online advising women and girls in the area to stay indoors, with concerns that those outside may be at risk. Some posts further allege that individuals who are unaware of the situation, including visitors and students, may have been affected.

Ozoro is home to Delta State University, and many online users have expressed concern about the safety of students and residents.

The situation has triggered widespread outrage, with many calling for urgent attention, proper investigation, and protection for those in the community.

Delta state police command, SP Bright Edafe, said the police has begun arresting some of the defaulting men.

Watch the video below..

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