Nigeria, March 11 -- President Bola Tinubu has approved a targeted fiscal incentive package to unlock the long-awaited Final Investment Decision (FID) for the Bonga Southwest Aparo (BSWA) deepwater project in the country.

The development was disclosed in a statement issued on Tuesday by the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Andy Odeh.

"His Excellency, President Bola Ahmed Tinubu GCFR, has approved a targeted fiscal incentive designed to unlock the long-awaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project, marking a milestone in Nigeria's ongoing drive to attract strategic investments and accelerate sustainable economic growth," t...