Amid speculations that Shell Petroleum Development Company and Exxon Mobil will exit the Nigerian market, the Ministry of Interior Affairs has said that they are not leaving the country anytime soon.
A statement on Thursday evening by the ministry, obtained by POLITICS NIGERIA quoted the Vice President, Human Resources, Shell, Olukayode Ogunleye, as giving the assurance to the apex Nigerian government.
Ogunleye said although most of their oil wells had been shut down due to insecurity in the Niger-Delta region, the companies would remain in the country.
The statement partly read: “The Vice President Human Resource, Shell Petroleum Development Company confirmed that Shell, Exxon Mobil are not leaving Nigeria.
“The Federal Government has a large share in it, despite the very tough and trying environment around the Niger-Delta region where most of the oil wells are shut down due to insecurity of lives and opportunities, they are still forging ahead to ensure equity diversification of their business to build smaller emerging business to assist in growing the Nigerian economy from both the deep water business to the new Nigerian Natural Liquefied Gas.”
“the Ministry of Interior Affairs has said that they are not leaving the country anytime soon.”
Meaning, they will but when?