Nigerian President, Bola Ahmed Tinubu has assured investors that his Government is working tirelessly to remove all forms of bottlenecks in order to ensure Nigeria becomes an attractive investment destination.
Tinubu spoke on Monday while receiving the delegation of the Shell Petroleum Development Company (SPDC) led by the Global Upstream Director, Ms Zoe Yujnovic at the State House, Abuja.
The President also assured business community of his government’s commitment to policy consistency and better business climate to attract investment.
While welcoming the SPDC’s offer for more investments in the Nigerian oil and gas sector, he said such investments are needed now more than ever, to enable Government meet its obligations.
According to the statement released by his aide, Tinubu recalled that attracting fresh investment was a promise he made personally to Nigerians. “Whatever it takes, I will fulfill that promise to Nigerians.”
He reiterated that Nigeria is ready for business, assuring the Shell management and other investors of his administration’s willingness to maintain an open-door policy and address their concerns.
“We are open for business. We are serious. I give you the assurance of consistency in policy,” he said.
Ms Yujnock applauded what she described as “incredibly strong start” of Tinubu presidency and expressed optimism that the “bold” steps taken by the government would renew Nigeria’s pride of place as an investment destination.
Yujnock said SPDC was willing to ramp up investment in the country especially in the areas of gas and deep-water assets by pumping in billions of dollars.
She said Nigeria remains a strategic investment country for the company in view of the long history between the two entities and the prospects held by the county’s oil and gas sector.
