Nigeria’s President Bola Tinubu Reiterates Country’s Commitment To Global Best Practices In Oil And Gas Transactions.

Nigeria’s president bola tinubu has reiterated the country’s commitment to global best practices regarding transactions in the oil and gas sector business .

President tinubu who noted that the country was no longer ready to settle for crumbs in it’s dealings with multi national oil and gas companies gave the stand of the federal government at the sideline of the United nation’s General Assembly meeting ongoing in New York, USA, when he played host to the leadership of oil and gas transnational giant Exxon Mobil.

The president noted that his background as a former player in the oil and gas sector, as given him the requisite knowledge in understanding the workings of the sector, promising to use the experience garnered over the years to take decisions that will impact development of Nigeria’s oil and gas sector space and ultimately improve the national economy .

Exxon Mobil president of global upstream operations, Liam Marlon, while reacting to president bola tinubu’s statement said the global oil company will work with the Nigerian government to support the dream and aspirations of the president for the advancement of the oil and gas sector in Nigeria, noting that Exxon Mobil is already working to boost it’s production capacity to nearly 40,000bpd in it’s Nigerian operations in phase one of a new investment push in the country.

The latest meeting between Nigeria’s president, and the global multi national oil company is coming amidst ongoing protests by climate change activists who are calling for immediate end to any form of oil and gas business expansion deals as parts of global call for countries to move towards clean and affordable renewable energy at the summit of the UN General Assembly meeting.