Nigeria, Jan. 23 -- The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has linked Shell's latest investment proposal in Nigeria to what he described as an improved investment climate and growing investor confidence in President Bola Tinubu's leadership.

Mr Ojulari spoke on Thursday while addressing journalists at the State House after a Shell delegation met with President Tinubu in Abuja.

He said global investors are increasingly competing for limited capital, and that Shell's renewed interest in investing in the country reflects confidence in the president's transparency agenda and policy delivery.

"Everybody is competing for global capital," the official said. "It is because...