President Bola Tinubu has said that Nigeria would no longer settle for crumbs and leftovers on the investment agenda of the world’s most prolific energy conglomerates.
Playing host to a delegation of global leadership of an oil and gas transnational giant, ExxonMobil, on Monday in New York, United States, the President said: “Nigeria has never been more ready for business than it is now”.
President Tinubu, who is attending the 78th session of the United Nations (UN) General Assembly, said that, following an illustrious private sector career as a professional accountant in the oil and gas industry, he has proven his capacity to take difficult decisions as President and is best prepared to solve problems and crush all bottlenecks standing in the way of new and large-scale capital flowing into that industry in Nigeria.
“The knotty issues require direct supervision on my part. Despite many contending obligations, I will sit down and oversee the process of removing these encumbrances to job and wealth creation for the Nigerian people. We know the industry. We grew up in it. We are positioned to solve the problems, and we are pragmatic, and we will solve the problem”, the President firmly assured.
ExxonMobil President of Global Upstream Operations, Liam Mallon assured President Tinubu that he is aware of the new and personal commitment that the President is bringing to bear on behalf of Nigeria and is well placed to reciprocate the President’s efforts with new investment as he pledged new production of nearly 40,000bpd in its Nigerian operations in phase one of a new investment push in Nigeria.
“What you told us was that your team would collaborate with us, and that has proven true. We have made significant progress since we last met. We are growing our production, and we are working hard on expanding in the deepwater production. We appreciate your efforts, and we will respond in kind. The time is right. Thank you for your leadership”, he said.
Also on the trip, President Tinubu said that the African Union (AU) is strategically positioned to secure consensus positions for the continent on economic and socio-political relations with the world, particularly with Nigeria’s stalwart backing.
In a bilateral discussion with AU’s Chairperson, President Azali Assoumani on Monday in New York, the Nigerian leaders said: “There is nothing that can bring development and prosperity, outside of embracing freedom and constitutional order. It is a critical hallmark of sustainable development. We appreciate that the AU is working hard to bring about peace in the Sahel and is actively negotiating between the warring factions in Sudan. Peace in Sudan will be a great achievement. I appreciate your effort in Burkina Faso and our effective cooperation on Niger.
“You can call me at anytime and we will discuss the peace and stability of AU member states. We need stability and prosperity for the black race. This is our era. We must be peaceful in order to take maximum advantage of the developmental opportunities presented to Africa in this era. We must build a model of sustainable development. Nigeria will collaborate with you. But we must move beyond those whose vision of Africa is narrow and evil. We are not afraid of confrontation, but we prefer to be restrained for now, at this time,” the President declared.
Assoumani, who is also the President of the Union of Comoros, noted that the AU sought to complete Nigeria’s effort in securing peace and prosperity in Africa, rather than competing with it.
“It is our responsibility to confront the extra-constitutional wrestling for power on the continent. We have told China and Russia that they have a responsibility to ensure that there is stability in these countries, as there will be no developmental partnership where there is a lack of stability in countries being impacted by coupists. We appreciate your stand on these matters”, the AU Chairperson said.
He said that Comoros seeks to learn from Nigeria’s experience concerning the steady improvement in diversity management, electoral officiation and economic growth over many years.
“We want to turn our country into an emerging economy and we need the experience of Nigeria as we seek your cooperation to conduct an election that will win us the respect of the international community and allow us to develop at the right speed and quality”, the Comoros President emphasised.
President Tinubu also welcomed the Secretary-General of the Organisation of Islamic Cooperation (OIC), Hissein Brahim Taha, and reiterated that the Islamic world has a strategic role to play in the sustenance of peace and development in Africa, and across the globe.
“The effort we are making in the Sahel is very important. We know we must double our efforts. We must tell our muslim brothers who are struggling to steal power that only Allah chooses leaders. We must respect the will of Allah. I am ready to collaborate with you. Your efforts in supporting agricultural growth and food security through the provision of resources from Islamic banks has been most commendable and our region is appreciative. I am determined to work with you in uplifiting Nigerians and Africans”, the President assured.
The leader of the 57-nation body of cooperation praised the Nigerian President for his active effort in bringing African states to a place of common understanding.
“We must gain consensus on the need for peace, especially amongst our member states. When you were elected as ECOWAS Chairman, it gave us confidence and hope that the situation in the Sahel region would improve because you are bringing people together. We were also happy about your election as President of Nigeria and we see the changes”, the OIC leader said.
He extended an invitation to President Tinubu to participate at the OIC Heads of State Summit, expected to hold in a few months.
