Abuja, June 25, 2024 – ExxonMobil Nigeria is not divesting from Nigeria now.
Shane Harris, its Managing Director, said the oil major was not leaving Nigeria as being claimed by some interest groups.
Harris made the promise at a meeting with the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, in Abuja on Monday
He said the company was not leaving Nigeria now that it was carrying out new investments in the oil and gas sector in Nigeria.
Nneamaka Okafor, the Special Assistant on Media and Communications to the petroleum minister, disclosed this in a statement.
“During the meeting, Mr Harris hinted at significant new investments that ExxonMobil is injecting into Nigeria’s energy sector
“He expressed confidence in the renewed relationship between ExxonMobil and the Nigerian government, assuring the government that the oil giant is not planning to leave Nigeria,” the statement read.
“We are excited about the prospects these new investments bring. Our partnership with the Nigerian government is crucial for sustainable growth, and we look forward to continuing our collaboration as we have no plan to leave.”
On his part, Lokpobiri reaffirmed the Federal Government’s commitment to enhancing production and fostering a conducive environment for investors in the energy sector. (GBN)
