Tinubuβs government has attracted over $8 billion major upstream final investment decisions β official
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Summary: Mr Onanuga said this investment decision is Nigeria's third major oil and gas FID in the last 18 months, following the Ubeta Non-Associated Gas project and the Bonga North deepwater project.
The special adviser to President Bola Tinubu on information and strategy, Bayo Onanuga, on Tuesday said Shellβs newly announced $2 billion final investment decision (FID) on a new gas project in Nigeria brings the major upstream investment commitments in Nigeria since the president took office in 2023 to more than $8 billion.
Mr Onanuga, who made the disclosure in a post on X (formerly Twitter), said the feat mirrors the success of Mr Tinubuβs
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