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Tinubu says Nigeria now ready to play active role in energy industry, as ExxonMobil makes pledges

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'Nigeria has never been more ready for business than it is now,' he said.

has said Nigeria is no longer settling for crumbs and leftovers on the investment agenda of the world’s most prolific energy conglomerates.

Mr Tinubu stated this when he played host to a delegation consisting of the global leadership of an Oil & Gas transnational giant, ExxonMobil, on Monday in New York.

“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 firmly assured. ExxonMobil President of Global Upstream Operations, Liam Mallon, assured President Tinubu that he is aware of the new and personal commitment that the president is bringing to bear on behalf of Nigeria and 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.

 

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