Nigeria not settling for crumbs, leftovers on investment agenda– Tinubu 

President Bola Tinubu has made his position known that Nigeria is no longer settling for crumbs and leftovers on the investment agenda of the world’s most prolific energy conglomerates.

Tinubu who played host to a delegation consisting of the global leadership of an Oil & Gas transnational giant, ExxonMobil, yesterday in New York maintained that Nigeria has never been more ready for business than it is now.

The President added that he had proven his capacity to make difficult decisions to solve problems and crush all bottlenecks standing in the way of new and large-scale capital flowing into Nigeria’s oil & gas industry. 

This he said followed an illustrious private sector career as a professional accountant in the oil & gas industry.

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“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 added. 

Meanwhile, the ExxonMobil President of Global Upstream Operations, Liam Mallon, told Tinubu he was aware of the new and personal commitment he is bringing to bear on behalf of Nigeria.

He said the commitment 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 deepwater production. We appreciate your efforts, and we will respond in kind. The time is right. Thank you for your leadership.”