President Tinubu conveyed his Administration’s Dedication to a favorable business environment and Consistency in Policy during a meeting with the Delegation from Shell Petroleum Development Company (SPDC) at the Presidential Villa in Abuja.
He welcomed SPDC’s Offer for Increased investments in Nigeria’s Oil and Gas Sector, emphasizing the Importance of such Investments in meeting Governmental obligations.
President Tinubu reaffirmed his Promise to Nigerians to attract Fresh Investments, emphasizing his Administration’s readiness for Business.
He assured Shell Management and other Investors of maintaining an Open-door Policy and addressing their Concerns.
The President emphasized that Nigeria is open for Business and ready to Facilitate a conducive Investment climate.
Furthermore, President Tinubu’s Government is actively removing obstacles to make Nigeria an attractive Investment Destination.
Ms. Zoe Yujnovic, the Global Upstream Director of SPDC, Acknowledged the promising start of the Tinubu Presidency and Expressed optimism in the Government’s bold Actions, which she believed would Restore Nigeria’s Position as a preferred Investment location.
Yujnovic highlighted SPDC’s willingness to Increase Investment in Nigeria, particularly in Gas and Deep-water assets, with a Commitment to Investing billions of Dollars.
The long-standing relationship between Nigeria and SPDC, along with the potential of the country’s oil and gas sector, were cited as reasons for considering Nigeria a strategic investment destination by Yujnovic.
