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Shettima Represents Tinubu At $315 Million Oil Facility Launch In Dubai

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Vice President Kashim Shettima departed Abuja on Friday for Dubai, where he will represent President Bola Tinubu at the commissioning and naming of a $315 million oil production and storage facility.

The facility, acquired by Oriental Energy Limited, is fully Nigerian-owned and is scheduled to be commissioned on December 14, 2024.

This milestone underscores Nigeria’s growing presence in the global oil and gas industry.

Following the commissioning event in Dubai, Vice President Shettima will proceed to Saudi Arabia from December 16 to 19, 2024, to perform the Lesser Hajj (Umrah) in the holy cities of Madinah and Makkah.

On December 20, 2024, the Vice President will meet with the President of the Islamic Development Bank (IsDB) in Jeddah.

Discussions will focus on co-financing arrangements for the second phase of Nigeria’s Special Agro-Industrial Processing Zones (SAPZ Phase II) and improving the coordination of IsDB-funded projects to accelerate agricultural and economic growth in Nigeria.

Shettima is expected to conclude his official duties and return to Nigeria on or before December 21, 2024.

 

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