Friday, September 29, 2023


Tinubu vows to end bottlenecks to oil industry funding

Tinubu vows to end bottlenecks to oil industry funding
September 19
21:35 2023

President Bola Tinubu met with international oil and gas stakeholders on Tuesday, in New York, United States — informing them of his readiness to make the sector investable.

According to a statement by Ajuri Ngelale, the special adviser to the president on media and publicity, Tinubu told the stakeholders that “Nigeria has never been more ready for business than it is now”.

Tinubu said his experience as a professional accountant in the oil and gas industry, improved his capacity to make difficult decisions that will solve the problems in the sector.

The president told the delegates that he would end the bottlenecks preventing new and large-scale capital from flowing into the sector.


“The knotty issues require direct supervision on my part,” Tinubu was quoted as saying.

“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.”



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