{"id":114431,"date":"2024-09-26T17:26:05","date_gmt":"2024-09-26T16:26:05","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=114431"},"modified":"2024-09-26T17:26:05","modified_gmt":"2024-09-26T16:26:05","slug":"unga79-exxonmobil-unveils-10bn-deep-water-investment-plan-in-nigeria","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/uncategorized\/unga79-exxonmobil-unveils-10bn-deep-water-investment-plan-in-nigeria\/","title":{"rendered":"UNGA79: ExxonMobil unveils $10bn Deep-Water investment plan in Nigeria"},"content":{"rendered":"<div id=\"m#msg-f:1811268359963273938\" class=\"mail-message expanded\">\n<div class=\"mail-message-header spacer\" style=\"text-align: justify;\">THE Vice President, Senator Kashim Shettima on Thursday, welcomed ExxonMobil\u2019s proposed $10 billion investment in Nigeria\u2019s deep-water oil operations, describing it as a clear testament to the administration\u2019s economic reforms and investment-friendly policies.<\/div>\n<div class=\"mail-message-content collapsible zoom-normal mail-show-images \" style=\"text-align: justify;\">\n<div class=\"clear\">\n<div dir=\"auto\">\nThis is as the international maritime giant, DP World, has announced plans to develop a multibillion-dollar port project in Nigeria.<\/p>\n<p>The Vice President expressed excitement for the investments during a high-level meeting with ExxonMobil executives on the sidelines of the ongoing 79th Session of the United Nations General Assembly.<\/p>\n<p>Also, the Nigerian Government said it has secured a $600,000 relief fund and commitments from the Bill and Melinda Gates Foundation to hasten relief efforts for victims of the devastating floods, as well as for health and agricultural sectors\u2019 reforms.<\/p>\n<p>Specifically, the Foundation pledged the $600,000 for flood relief in Borno State and other health sector initiatives, with an additional $5 million grant approved for Lagos Business School and partners to develop the agricultural economics of industrial cassava.<\/p>\n<p>The donation was announced when Vice President Kashim Shettima held\u00a0 a meeting with the Bill and Melinda Gates Foundation led by its head of Global Development Programme, Dr Christopher Elias, on the sidelines of the 79th United Nations General Assembly in New York.<\/p><\/div>\n<\/div>\n<\/div>\n<div class=\"mail-message-footer spacer collapsible\" style=\"text-align: justify;\"><\/div>\n<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>THE Vice President, Senator Kashim Shettima on Thursday, welcomed ExxonMobil\u2019s proposed $10 billion investment in Nigeria\u2019s deep-water oil operations, describing it as a clear testament to the administration\u2019s economic reforms&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":114432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-114431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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