President Bola Ahmed Tinubu Monday in Abuja assured the international investment community that his administration would ensure that Nigeria remains a top-level destination for offshore and onshore investments.
Receiving the group chairman and CEO of Total Energies Worldwide, Mr Patrick Pouyanne, the president reiterated the federal government’s commitment to remove all anti-investment impediments in the country.
“We are committed to removing all cobwebs and anti-investment impediments in the oil and gas industry. We have a clear path that we are committed to pursuing. We are ready to work with you,” he said.
The president assured the delegation that his administration was determined to improve the investment climate in Nigeria, emphasizing that the aim of the Petroleum Industry Act (PIA) is to create a favourable investment and work environment.
He said his administration was committed to making the necessary efforts for industrial peace, harmony and development.
“The moment I took over, there was a clear path that we set out to pursue, and we will ensure that Nigeria remains a top-level investment choice in the dynamics of the offshore and onshore sectors.
“We will review troublesome areas, fiscally and otherwise, to incentivise gas production in the age of transition to cleaner energy. We are ready to make a difference as a government. The good handshake that we have is for partnership and to accelerate and incentivise gas production in pursuit of the energy transition,” he said.
