Business
Tinubu Woos ExxonMobil Chief, Says Nigeria Is Ready For Business
Eko Hot Blog reports that President Bola Tinubu met with a delegation of global energy giant ExxonMobil in New York on Tuesday, where he said that “Nigeria has never been more ready for business than it is now.”
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In a statement released by his Special Adviser on Media and Publicity, Ajuri Ngelale, Tinubu assured ExxonMobil that he has the experience and capability to tackle the challenges facing Nigeria’s oil and gas industry.
“The knotty issues require direct supervision on my part,” Tinubu said. “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.”
ExxonMobil’s President of Global Upstream Operations, Liam Mallon, praised Tinubu’s “dedicated commitment to Nigeria’s cause.” He also pledged a substantial increase in production, committing to delivering nearly 40,000 barrels per day (bpd) as part of a new investment phase 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,” Mallon said.
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“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.”
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