President
Muhammadu Buhari has restated the determination of his administration to
restore the country to the “good old days of accountability”.
Speaking at a meeting Tuesday with
the Director, Global Upstream of Shell Oil Company at the State House, Abuja,
President Buhari said he would leave a legacy of improved infrastructure,
particularly in the power sector, and ensure better security in the Niger
Delta.
“It is only by doing this that
investors’ morale and confidence will return, and the economy will be
positioned on the path of growth,” the president said.
President Buhari, who commended
Shell for their faith in the economy and staying power, gave assurances on some
issues of concern raised by the company.
On the protracted issue of cash
calls, the president assured that the Federal Executive Council would soon
consider a proposal for the easing of unpaid arrears owed by the government.
President Buhari assured that the
security of oil infrastructure will continue to be prioritised side-by-side
with the dialogue with stakeholder-communities in the Niger Delta.
He, however, urged oil companies
to take more responsibility in the protection of oil installations to
complement the efforts of Nigerian Navy in the region.
In his remarks, the Shell
Director, Andrew Brown, informed the president of the resumption of oil
exportation through the Forcados terminal following its restoration.
He called for continued protection
by the Nigerian Navy in view of repeated threats of attacks by militants.
Mr. Brown commended the
anti-corruption posture of the Buhari administration as well as the efforts to
streamline and stabilize the economy for long term projects, saying all the
efforts will go a long way to reinforce Shell investment plans in Nigeria.
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