President Bola Tinubu has assured investors of his administration’s commitment to policy consistency and better business climate for investment to thrive.
The President gave the assurance on Monday, while playing host to a delegation of the Shell Petroleum Development Company (SPDC) led by the Global Upstream Director, Ms Zoe Yujnovic at the State House, Abuja.
Tinubu also commended the SPDC’s plan for more investments in the Nigerian oil and gas sector, adding that such investments were needed to enable Government meet its obligations to the citizens.
While reaffirming the country’s readiness for business, the President assured the team from Shell and other investors of his administration’s willingness to maintain an open-door policy and address their concerns.
“We are open for business. We are serious. I give you the assurance of consistency in policy,” a statement by his spokesman, Dele Alake quoted the President as saying.
Also, President Tinubu promised that his government was removing all forms of bottlenecks to ensure Nigeria becomes an attractive investment destination.
Earlier, Yujnock commended the President for the “incredibly strong start”and expressed optimism that the “bold” steps taken by the government would renew Nigeria’s pride of place as an investment destination.
Yujnock said SPDC was willing to invest billions of dollars in Nigeria in the areas of gas and deep-water assets.