Nigeria’s Vice President To ‘Commission’ Oil Production Facility In Dubai

By - LCR 14 December 2024 Comments (0) 1 Mins Read

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Vice President Kashim Shettima has left Abuja for Dubai, United Arab Emirates, to represent President Bola Ahmed Tinubu at the inauguration and naming of a $315 million oil production and storage facility.

The facility, which is fully owned by a Nigerian oil and gas company, was acquired by Oriental Energy Limited and is set to be inaugurated on December 14, 2024.

According to a statement from Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications in the Office of the Vice President, the Vice President will travel from Dubai to Saudi Arabia, where he is scheduled to perform the Lesser Hajj (Umrah) in the holy cities of Madinah and Makkah from December 16 to 19, 2024.

The statement further indicated that on December 20, Vice President Shettima is expected to engage in a bilateral meeting with the President of the Islamic Development Bank (IsDB) in Jeddah.

“Discussions will focus on co-financing arrangements for the Special Agro-Industrial Processing Zones (SAPZ Phase II) and enhanced coordination of IsDB projects in Nigeria, aimed at bolstering the nation’s agricultural and economic development.

“The Vice President is expected back in Nigeria on or before December 21, 2024,” the statement noted.