News

Tinubu Makes Huge Promises to Shell, Other Foreign Investors

President Bola Tinubu has assured the business community of consistent policy frameworks that would guarantee returns on every investment in the country.

Tinubu gave the assurances while receiving the delegation of the Shell Petroleum Development Company (SPDC) at the Villa on Monday, July 3.

The delegation was led by the Global Upstream Director, Ms Zoe Yujnovic.

In a statement presidential media aide, Dele Alake, Tinubu lauded SPDC’s offer for more investments in the Nigerian oil and gas sector.

Tinubu noted that investments are needed now more than ever, to enable government meet its obligations.

Going further, the president assured 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,” Tinubu was quoted to have said.

The president also pledged his administration’s commitment towards eliminating all forms of bureaucratic bottlenecks to ease business activities in the country.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button