President Bola Ahmed Tinubu has assured the business community of his governmentโs commitment to policy consistency and a better business climate to attract investment.
The President according to a statement by hisย Special Adviser,ย Special Duties, Communication and Strategy, Dele Alakeย 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.
President Tinubu welcomed the SPDCโs offer for more investments in the Nigerian oil and gas sector, adding that such investments are needed now more than ever, to enable Government meet its obligations.
The President recalled that attracting fresh investment was โa promise I made personally to Nigerians. Whatever it takes, I will fulfill that promise to Nigerians.โ
President Tinubu reiterated that Nigeria is ready for business, assuring the Shell management and other investors of his administrationโs willingness to maintain an open-door policy and address their concerns.
โWe are open for business. We are serious. I give you the assurance of consistency in policy,โ he said.
The President also assured that his government was removing all forms of bottlenecks in order to ensure Nigeria becomes an attractive investment destination.
Addressing the President earlier, Ms Yujnock applauded what she described as โincredibly strong startโ of the Tinubu presidency and expressed optimism that the โboldโ steps taken by the government would renew Nigeriaโs 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 added that 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 countyโs oil and gas sector.