President Muhammadu Buhari has revealed multinational oil company, Royal Dutch Shell, otherwise known only as Shell, is preparing to invest the sum of $15 billion in Nigeria.
President Buhari made this known on Wednesday at the Commonwealth Business Forum 2018 when Anthony Okolo quizzed him on what his government is doing to facilitate and ease investments in the Northeastern part of the country.
“I saw Shell Group. They came and told me they are preparing to invest $15 billion in Nigeria,” he said.
TheNewsGuru reports President Buhari had had a meeting with Shell, where chief executive officer of the multinational oil firm, Ben van Beurden, confirmed the investment intentions to the President before he set out for the Business Forum.
President @MBuhari yesterday in London met with the CEO of @Shell, Mr Ben van Beurden, the meeting was instantly yielded good fruit as the company is preparing to invest $15 billion in Nigeria. This is so huge, many Nigerians will be benefiting from it. #PMBinUK pic.twitter.com/TT49aXjKsT
— Bashir Ahmad (@BashirAhmaad) April 19, 2018
The meeting had, amongst others, Minister of State for Petroleum, Ibe Kachikwu; Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, and a delegation of executives in attendance.