Nigeria’s President Asiwaju Bola Ahmed Tinubu has stated that Nigeria will no longer settle for less insignificant amount or leftover investments or projects that will have no impact in the country’s economy especially in the energy sector.
President Tinubu made this statement on Monday,11th September 2023 in New York when he hosted a delegation of ExxonMobil a global leadership of an Oil and Gas transnational giants.
Speaking to the ExxonMobil mobile chief, the resident of Global Upstream Operations, Liam Mallon, President Tinubu assured that Nigeria have never been more than ready to do business than they are now.
According to President Tinubu, following his illustrious private sector career as a professional accountant in the oil & gas industry, he has proven his capacity to take difficult decisions as President and is best prepared to solve problems and crush all bottlenecks standing in the way of new and large-scale capital flowing into Nigeria’s oil & gas industry.
“The knotty issues require direct supervision on my part. Despite many contending obligations, I will sit down and oversee the process of removing these encumbrances to job and wealth creation for the Nigerian people.
“We know the industry. We grew up in it. We are positioned to solve the problems, and we are pragmatic, and we will solve the problem,” the President firmly assured.
In his remarks, ExxonMobil President of Global Upstream Operations, Liam Mallon, assured President Tinubu that he is aware of the new and personal commitment that the President is bringing to bear on behalf of Nigeria and is well placed to reciprocate the President’s efforts with new investment as he pledged new production of nearly 40,000bpd in its Nigerian operations in phase one of a new investment push in Nigeria.
“What you told us was that your team would collaborate with us, and that has proven true.
“We have made significant progress since we last met. We are growing our production, and we are working hard on expanding in the deepwater production.
“We appreciate your efforts, and we will respond in kind. The time is right. Thank you for your leadership,” the ExxonMobil President stated.