Politics News

We’ll ensure political stability to boost investment opportunities – FG

The Federal Government says it will do all within its powers to safeguard the interest of investors as investments cannot thrive in an atmosphere of social and political instability.

President Muhammadu Buhari stated this when he received the Chairman/Chief Executive Officer of Total Group Worldwide, Mr Patrick Pouyanne, at the State House, Abuja, on Thursday.
“The relationship between us and Total has been long and mutually beneficial. We want it to remain so.
“We have to be honourable, honest, and work together, so that we can improve. At our end, we promise social and political stability, so that you can recover your investments.
“It’s our duty as government, and we will do it, so that we can maintain mutual confidence in each other,” he said.
In his remarks, Pouyanne disclosed that apart from oil and gas, which is its core activity, Total was also willing to develop the solar power potentials of Nigeria.
“Our portfolio is large. We have many more projects to come. The prospects for Nigeria in oil and gas remain huge.
“More development activities are possible, and we need to keep the momentum, and commit more investments to Nigeria,” he said

Related posts

Buhari condemns killing of 47 persons by bandits in Katsina

Aliyu  DANLADI 

Ikeja residents task lawmakers on provision of roads, drainage systems

By Meletus EZE

Court fixes Oct. 2 for judgment in Abdulrasheed Maina’s son trial

Shile GIWA

Police Service Commission approves appointment of 8 DIGs, retires 7

Editor

Fashola backs LASG on motorcycle ban, tasks Nigerians, agencies on security

Kunle SHONUGA

Navy confiscates over 13,803 bags of smuggled rice in Calabar

Editor