President Muhammadu Buhari has restated
the determination of his administration to restore the country to the “good old
days of accountability”.
President Buhari made the statement
through his Special assistant on media and publicity, Garba Shehu.
Speaking at a meeting with the
Director, Global Upstream of Shell Oil Company at the State House, Abuja,
President Buhari said he will 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 the
determination and confidence will return, and the economy will be positioned on
the trail of progress”, Mr. Buhari said.
Mr. Buhari applauded also commended Shell for
their faith in the economy and staying power, gave assurances on some issues of
concern raised by the company. On the prolonged issue of cash calls, the
President assured that the Federal Executive Council will soon ponder a
proposal for the facilitating of unpaid arrears owed by the government. President
Buhari also said the federal government will ensure that the security of oil
infrastructure is given priority.
He, however, urged oil companies to
take more responsibility in the protection of oil installations to the help the
Nigerian Navy in the region.
In his comment, the Shell Director,
Mr. Andrew Brown, informed the President of the continuation of oil exportation
through the Forcados terminal following its reinstallation. He appealed for continued protection by the Nigerian
Navy regarding continued threat of attacks by militants. Mr. Brown also praise the anti-corruption stance of the President
Buhari’s administration as well as the efforts to restructure and stabilize the
economy for long term projects, he also assured that the efforts will help a
lot to strengthen Shell investment plans in Nigeria.
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