Business

Tinubu woos ExxonMobil Chief, says “Nigeria is ready for business”

President Bola Tinubu met with a delegation of global energy giant ExxonMobil, in New York, where he made his position known that “Nigeria has never been more ready for business than it is now”.

This was disclosed in a statement by Special Adviser to the President on Media & Publicity, Ajuri Ngelale.

Drawing from his private sector background in oil and gas, President Tinubu assured ExxonMobil that he possesses the capability to navigate challenges in Nigeria’s oil and gas industry. He said:

ExxonMobil’s President of Global Upstream Operations, Liam Mallon, expressed awareness of President Tinubu’s dedicated commitment to Nigeria’s cause.

He pledged a substantial increase in production, committing to delivering nearly 40,000 barrels per day (bpd) as part of a new investment phase in Nigeria.