Tinubu assures investors of policy consistency

President Bola Ahmed Tinubu has assured the business community of the commitment of his government to policy consistency and better business climate to attract investment.  The president spoke 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 assures investors of policy consistency

President Bola Ahmed Tinubu has assured the business community of the commitment of his government to policy consistency and better business climate to attract investment.

 The president spoke 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, who welcomed the SPDC’s offer for more investments in the Nigerian oil and gas sector, added that such investments were needed now more than ever to enable the government meet its obligations.

 The president, in a statement by his spokesman, Dele Alake, said attracting fresh investment was “a promise I made personally to Nigerians. Whatever it takes, I will fulfill that promise to Nigerians.”

 President Tinubu, who restated that Nigeria was ready for business, assured the Shell management and other investors of his administration’s willingness to maintain an open-door policy and address their concerns.

Addressing the president earlier, Ms Yujnock applauded what she described as the “incredibly strong start” of the Tinubu presidency and expressed optimism that the “bold” steps taken by the government would renew Nigeria’s pride of place as an investment destination.