President Tinubu Approves Targeted Incentives To Unlock Jobs

[Augusta]

President Bola Ahmed Tinubu has approved the gazetting of targeted, investment-linked incentives to support the proposed Bonga South West deep-offshore oil project by Shell and its partners.
President Bola Ahmed Tinubu has 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 the Special Adviser to the President on Energy, Mrs. Olu Verheijen, to facilitate the gazette of the incentives in line with Nigeria’s existing legal and fiscal frameworks.

Receiving the Shell delegation led by its Global Chief Executive Officer, Wael Sawan, President Tinubu said the incentives are disciplined, targeted, and globally competitive, designed to attract new capital without undermining government revenues.
“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.

 

[Starmix]

That is good, at least the people there will be inspired and trust your president again. He should have done it in the past years.

 

[Augusta]

He might just be saying it, if he wanted to do it he would have done it since, is it now his waking up from his slumber.

 

[eLdavis]

The painful thing about all these is that at the end of the day, the masses does not have access to these jobs, rather people get them simply by connection.