“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 assured.
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.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tinubu rings closing bell at world's second largest stock exchange, woos investorsPresident Tinubu said Nigeria is Africa's greatest economy where investors can do business without fear.
Read more »
Nigeria tasked on Africa’s $300b digital economy gains | The Guardian Nigeria NewsNigeria has been asked to take advantage of the $300 billion potential economic gains that await Africa’s digital economy by 2025. This advice came from the Head of Privacy Policy, Africa, Middle East and Turkey, Meta, Dr. Ololade Shyllon.
Read more »
Nigeria drops to 40th position in latest FIFA ranking | The Guardian Nigeria NewsDespite recording a 6-0 win against São Tomé and Principe in their final 2023 AFCON qualifier, Nigeria’s Super Eagles dropped from 39th to 40th in the latest FIFA Coca-Cola world ranking, The ranking was published on FIFA’s official website on Thursday, 21 September 2023. In Africa, the Super Eagles are sixth behind 2022 FIFA World […]
Read more »
A new Nigeria is possible- Uzodimma | The Guardian Nigeria NewsGov. Hope Uzodimma of Imo says a new Nigeria where citizens have unfettered freedom to realise their potential, live together and respect each other as brothers and sisters is possible.
Read more »
NewsNow Nigeria: The Most Reliable News Source In NigeriaNewsNow Nigeria is the most reliable news source in Nigeria. It is a leading online news platform that covers a wide range of topics including news, sports, entertainment, business, lifestyle, and technology. With its sleek and user-friendly interface, the website ensures a seamless browsing experience for readers seeking real-time updates. Gone are the days when […]
Read more »
| The Guardian Nigeria News - Nigeria and World NewsThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Read more »