I’m Determined To Reposition Nigeria’s Oil And Gas Industry- President Tinubu

President Bola Tinubu  has  assured international investors that he is determined to reposition  Nigeria’s oil and gas industry  and solve the challenges  it had faced while leveraging his experience as a former employee of an oil and gas company.

Nigeria is  according to him open for business now more than ever.

 ‘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’ President  Tinubu told a delegation of ExxonMobil officials on the sidelines of the United Nations General Assembly in New York, USA.

Team@orientactualmags.com learned that President Tinubu’s Special Adviser  on Media and Publicity, Ajuri Ngelale, disclosed this in a statement  he issued on Tuesday titled ‘Nigeria has the resources and the leadership, we have never been more ready for business, President Tinubu tells global energy industry’.

President Tinubu asserted that Africa’s giant is no longer settling for crumbs and leftovers when it comes to the investment agenda of the world’s most prolific energy conglomerates, saying ‘Nigeria has never been more ready for business than it is now’.

He added that following an 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 he  is well 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’ he asserted.

Also speaking, ExxonMobil President of Global Upstream Operations, Liam Mallon, pledged new production of nearly 40,000bpd in its Nigerian operations in phase one of a new investment push in Nigeria.

Mallon said this commitment is his company’s response to President Tinubu’s commitment on behalf of 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 the deepwater production.

We appreciate your efforts, and we will respond in kind. The time is right. Thank you for your leadership’ he  said-Team@orientactualmags.com
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