Tinubu explained 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 the industry.
On his part, the 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. Mallon stated that he is well placed to reciprocate the President’s efforts with new investment as he pledged new production of nearly 40,000 bpd in its Nigerian operations in phase one of a new investment push in Nigeria.He said, “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 deep water production.