Yemisi Izuora
It its a significant investment milestone for a Nigerian company, Oriental Energy Limited to complete and oil and gas infrastructure in Dubai which the Vice President Kashim Shettima is commissioning today.
Shettima, had already departed Abuja for Dubai, United Arab Emirates, to represent President Bola Tinubu at the inauguration of a $315 million oil production and storage facility.
The facility, owned by Nigerian company Oriental Energy Ltd, is set to be commissioned on December 14.
The state-of-the-art facility is a milestone achievement for the Nigerian oil and gas sector, showcasing the growing influence of indigenous companies on the global stage.
Shettima’s presence underscores the administration’s commitment to supporting local enterprises with international operations.
After the event in Dubai, the Vice-President will proceed to Saudi Arabia from December 16 to 19 to perform the lesser hajj (Umrah) in the holy cities of Madinah and Makkah.
On December 20, Shettima is scheduled to hold a bilateral meeting with the president of the Islamic Development Bank (IsDB) in Jeddah.
The discussions will focus on co-financing arrangements for the second phase of Nigeria’s Special Agro-Industrial Processing Zones (SAPZ) and enhancing coordination of ongoing IsDB projects in the country.
These engagements are part of the administration’s broader strategy to drive economic growth, boost agricultural productivity, and strengthen international partnerships to support Nigeria’s development agenda.