Nigeria’s economy is getting stronger because two big companies are planning to invest a lot of money in the country.
ExxonMobil wants to spend $10 billion to work on oil in deep water.
This shows that the Nigerian government is making it easier for businesses to invest here.Vice President Kashim Shettima welcomed this news at a big meeting in New York.
He talked about how the government is changing rules to help businesses and make Nigeria a better place for investment.
ExxonMobil has been in Nigeria for 70 years and is focusing on new projects, especially the Owo project, which is very important.
They plan to keep spending money to take care of their operations and increase oil production.
Another company, DP World, also wants to build a big port in Nigeria to help with shipping goods. Their CEO said Nigeria has a lot of potential and they believe it can be a leader in Africa for trade.
The Vice President assured these companies that Nigeria is ready to help them succeed and welcomes investors from around the world.
(The Nation)