Bola Tinubu has pleaded with multinational corporations operating in Nigeria not to leave the country on Thursday, December 7.
He stated that his administration was resolved to remove any and all impediments to the smooth operation of their enterprises. He also stated that no barrier is too large to be removed in order to make Nigeria a safe haven for large-scale investments.
Speaking to a visiting delegation of Shell Group executives led by its Global Integrated Gas and Upstream Director, Ms Zoe Yujnovich, at the United States House in Abuja, Tinubu said: “We are very focused on resolving all investment-related issues. There is no bottleneck that is too difficult for us to remove in our determined march toward making Nigeria the African haven for large-scale investment in all key sectors.”
He added: “We need each other.”
Tinubu expressed optimism in the possibility for additional investment from Shell Petroleum Development Company of Nigeria in a statement signed by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, on Friday.
The President informed the Shell team of his administration’s commitment to securing and supporting both existing and new investments, citing Nigeria’s longstanding relations with Shell, which trace back to the discovery of the country’s first commercial oil well in 1956.
He said: “We have made progress since our last meeting. I will continue to support and encourage you on this path.
“There is no doubt that there is a significant focus on investment in and around the continent. I am spearheading Nigeria’s global march for new investments at home.
“In view of our long-term relationship that has been established over the years, we want you to do more, and we are ready to encourage you in every way possible.”
This comes as several international corporations, like P&G and GSK, depart Nigeria.