3 weeks ago
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Posted by African Examiner
Business News, Featured, Latest Headlines
Wednesday, October 8th, 2025
(AFRICAN EXAMINER) – Vice President Kashim Shettima has commended the investments of Shell successful Nigeria arsenic helium visited the company’s accumulation basal astatine the opening of the 31st Nigerian Economic Summit (NES) successful Abuja.
According to a property merchandise signed by Shell Communications Manager, Gladys Afam-Anadu, the accumulation complements the information of Shell successful the acme and features the operations of Shell Nigeria Exploration and Production Company Ltd (SNEPCo), Shell Nigeria Gas (SNG), All On and Daystar Power.
The Vice President who had earlier declared the acme unfastened connected behalf of President Bola Tinubu,was briefed connected the contributions ɠ- of Nigeria, particularly the vigor sector.
Shettima was accompanied by Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the Minister of Trade and Investment Jumoke Oduwole and the Emir of Kano, Sanusi Lamido Sanusi,
The Vice President Shettima said helium was impressed with the investments of Shell successful deep-water including the $5-billion Bonga North development. Work connected the task is successful advancement pursuing the FID which was taken aboriginal past year.
Business Value Manager Chidi Nkazi, who conducted the VIPs circular the accumulation stand, besides highlighted the interaction of Shell’s societal investments successful health, acquisition and employment generation.
“Every twelvemonth our operations make revenues which are utilized to concern development,” Chidi said, adding; “In 2024 alone, Shell Companies successful Nigeria paid $1.209 cardinal successful taxes and royalties to the Federal Government”, Nkazi said.
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