President Bola Tinubu has emphasised that Nigeria will no longer settle for crumbs and leftovers on the world’s investment agenda, especially in the energy sector. He noted that the country is now more prepared for business than ever before.
The President made this assertion in New York, USA on Monday, while hosting a delegation from ExxonMobil, a global Oil and Gas transnational giant.
Tinubu pointed out that with an illustrious private sector career, particularly in the oil and gas industry, and a proven track record of making difficult decisions, he is well-prepared to address challenges and remove obstacles hindering significant capital influx into Nigeria’s oil and gas sector.
In his remarks, ExxonMobil’s President of Global Upstream Operations, Liam Mallon, assured the President of ExxonMobil’s awareness of his new and personal commitment on behalf of Nigeria.
He pledged new investments, promising an additional production of nearly 40,000 barrels per day (bpd) in phase one of their new investment initiative in Nigeria.
