SOJ

Football. Mindset. Style.
@Chelsea perspective | Crafting confidence offline - Tailoring👔

[Bola Ahmed Tinubu @officialABAT]

Dear Nigerians,

For many years, Nigeria has possessed some of the most promising deep offshore oil and gas resources in the world, yet several major developments have remained stalled. Oil lies beneath our waters. We have the engineers, businesses and young people capable of doing increasingly sophisticated work in the sector. What has often been missing is the certainty required for investors to commit billions of dollars, over many years, at the scale needed to turn that potential into production, jobs and opportunity for Nigerians.

We cannot afford to leave that opportunity beneath our waters for another decade.

I have therefore signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, to provide clear and predictable terms for a new generation of deep offshore investment in Nigeria.

The framework has the potential to unlock up to $50 billion in investment, beginning with the approximately $10 billion Bonga South West project. For existing deep offshore leases, there is a clear window to reach Final Investment Decision by 31 December 2029 and receive the full standard incentive available under the Order.

There is urgency to this work. Capital moves, and countries compete for it every day. The countries that attract long-term investment are not necessarily those with the greatest natural resources. They are the ones that provide the greatest certainty.

Nigeria must be one of those countries.

This Order marks the tenth major policy directive of my administration targeted specifically at the oil and gas sector. Each has dealt with a constraint holding back investment, production or value creation. Taken together, they represent a deliberate effort to make our oil and gas industry more competitive, attract capital back to Nigeria and ensure that more of the value created from our resources remains here at home.

But attracting investment is only half of my purpose.

I want the work that comes with these projects to come home to Nigeria. I want our engineers involved, our fabrication yards working, our marine and technical service companies securing contracts, and our young people acquiring skills that will remain valuable long after the first barrel is produced.

The Order reflects this priority. For projects accessing its supplementary incentives, activities are to be performed in Nigeria, subject to clearly defined exceptions and Nigerian Content requirements.

My ambition is that we use this new investment cycle to build Nigeria into Africa’s regional hub for deep offshore project execution. We should not only possess the resources. We should increasingly possess the skills, businesses and industrial capacity required to develop them.

When I engaged the Chief Executive Officer of Shell plc, Mr Wael Sawan, I directed my team to look beyond a solution for one company or one project. We needed a framework that could unlock a wider pipeline of investment while protecting Nigeria’s long-term interests.

That framework is now in place.

Ultimately, I will judge its success by what Nigerians see from it in terms of good jobs, stronger Nigerian businesses, greater production, increased revenues for the Federation and new capabilities built here at home.

Our natural resources must work harder for our people.

That is the purpose of this decision, and we will pursue it with urgency.

Nigeria First.

Bola Ahmed Tinubu, GCFR
President and Commander-in-Chief of the Armed Forces
Federal Republic of Nigeria

[SOJ @Adesoji012]

@davido Calling on President of United State on political incident happening in Nigeria…

Naso una dey do for here?

[SOJ @Adesoji012]

@davido

[SOJ @Adesoji012]

I know things are hard, but I’m striving not to be the broke person in the room

[Nanyo 💋🖤 @Nanyo_sae]

Something good has finally come out of Nigeria!

Now you can learn those Coursera courses you've been yearning for and guess what? It’s completely FREE!

The Federal Government, through the Digital Training Academy, is providing 36,000 free learning licences for Nigerians to access digital skills training on platforms including Coursera and Pluralsight.

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Go and learn something that can actually add money to your name.

[SOJ @Adesoji012]

@justcfc Y’all will just come up with some misleading information

[SOJ @Adesoji012]

@5LAQ__ @reallestyags 🤝

[SOJ @Adesoji012]

@reallestyags 🤝 fb

[SOJ @Adesoji012]

As a man, nobody really cares about your problems, You could be dealing with 1, 2 today and somehow 3, 4, and 5 will still show up regardless.

[SOJ @Adesoji012]

@PoojaMedia The last guy no get chill at all 😂😂😂

[SOJ @Adesoji012]

@REAL_BIG_STEF E sha rora paro

[SOJ @Adesoji012]

@MkoTheComedian Make I SS for my Green app people 🤝

[SOJ @Adesoji012]

@arojinle1 X translation got me 😂😂😂

[SOJ @Adesoji012]

@ChelseaFC Barcelona should be grateful 🤌🏽
Welcome back Misha 💙

[SOJ @Adesoji012]

@akinalabi Baba Oloye carries his Bag himself… What a Humble Man
Man of the People, The people’s Choice
Sir you should Contest for Presidency sir🤲

[SOJ @Adesoji012]

@Eziahatoka @UTDKarra Ask yourself if you’re making sense

[Daddy D.O🇳🇬 @DOlusegun]

"You have governed before, you need to help us communicate with these other Governors...they need to do more to instead of building flyover when there is no numeric traffic, let's do more to enhance the quality of life and support security agencies to penetrate areas"

- President Tinubu

[Rita Sunshine @1RitaSunshine]

You will be saving my mom just by reposting 🤲🏻