Tinubu spoke when he played host to a delegation consisting of the global leadership of ExxonMobil on Monday in New York.
By Jeffrey Agbo
President Bola Tinubu has said that Nigeria has never been more ready for business than it is now, noting that the country will no longer settle for crumbs on the investment agenda of the world’s most biggest energy conglomerates.
Tinubu stated this when he played host to a delegation consisting of the global leadership of an oil and gas transnational giant, ExxonMobil, on Monday in New York, United States.
The president noted that following an illustrious private sector career as a professional accountant in the oil and 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 and 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,” he assured.
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ExxonMobil president of global upstream operations, Liam Mallon, assured 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, pledging 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.
