Tinubu Urges Multinational Companies To Stay, Promises Business-Friendly Environment

Abuja, Nigeria– President Bola Tinubu, on Thursday plea to multinational companies operating in the country, urging them not to abandon their operations.

He stated that his administration is committed to eliminating any obstacles hindering the seamless operation of businesses, emphasizing that no challenge is too significant to be overcome in order to transform Nigeria into a secure destination for substantial investments.

In a statement released on Friday by the President’s Special Adviser on Media and Publicity, Ajuri Ngelale, Tinubu expressed confidence in the potential for increased investment from Shell Petroleum Development Company of Nigeria.

Emphasising Nigeria’s longstanding ties with Shell, which date back to the discovery of the country’s first commercial oil field in 1956, the President assured the Shell delegation of his administration’s commitment to securing and fostering both existing and new investments.

“We have made progress since our last meeting. I will continue to support and encourage you on this path

Speaking to a visiting delegation of the management of Shell Group led by its Global Integrated Gas and Upstream Director, Ms. Zoe Yujnovich, at the State House, Abuja.

“There is no doubt that there is a significant focus on investment in and around the continent. I am spearheading Nigeria’s global march for new investments at home.

“In view of our long-term relationship that has been established over the years, we want you to do more, and we are ready to encourage you in every way possible.”

This comes as Multiple multinational corporations, such as P&G and GSK, are departing from Nigeria.