Nigeria, Jan. 23 -- President Bola Tinubu has approved the gazetting of targeted, investment-linked incentives to support Shell's proposed Bonga South West deep-offshore oil project and other similar offshore developments in the country.

The development was disclosed in a statement issued Thursday by the Special Adviser to the President on Media & Public Communication, Sunday Dare, after the Shell delegation visited Mr Tinubu at the state house.

"President Bola Ahmed Tinubu has approved the gazetting of targeted, investment-linked incentives to support the proposed Bonga South West deep-offshore oil project by Shell and its partners," the statement read.

It said the President also directed his Special Adviser on Energy, Olu Verheijen, ...