President Tinubu Appeals To Multinational Companies Not To Leave Nigeria

President Bola Ahmed Tinubu has moved to ensure that multinational companies remain in Nigeria by promising to remove every bottleneck affecting their operations in the country.

Speaking to a delegation of Shell Group management that paid him a visit at the State House in Abuja on Thursday, December 7, 2023, President Tinubu appealed to multinational companies to remain in the country.

“We are very focused on resolving all investment-related issues. There is no bottleneck that is too difficult for us to remove in our determined march toward making Nigeria the African haven for large-scale investment in all key sectors,’’ President Tinubu said.

“We need each other.”

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In an official statement signed on Friday by Ajuri Ngelale, the president’s special adviser on media and publicity, President Tinubu expressed optimism towards the possibility of Shell’s increased investment in Nigeria.

The president further hinged on Nigeria’s longstanding relationship with Shell since 1956 and assured the company of his administration’s commitment to promoting existing and new investment opportunities.

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

“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.”

President Tinubu’s plea for international brands not to leave the country comes amidst the exit of multinational companies like P&G and GSK from Nigeria.