President Bola Tinubu, yesterday, said he met with executives of ExxonMobil Company and Mobil Producing Nigeria Unlimited (MPNU).
Tinubu, in a tweet, said the team’s visit was in continuation of efforts by his government to bring stabilisation to the oil sector.
Although details of the meeting were sketchy, analysts believe it might not be unconnected with the legality surrounding the US-based major’s efforts to divest from the onshore Niger Delta, and specifically, the stalled sale of its assets to Seplat Energy Plc.
But in the tweet, Tinubu said: “It was a pleasure to play host to Exxon Mobil executives, Mallon and Dozie, at the state house earlier today. The meeting marks the continuation of this administration’s efforts to secure the collaboration of critical players in the oil sector towards ensuring stability, transparency, and fair competition in the sector.”
The meeting marks the continuation of this administration’s efforts to secure the collaboration of critical players in the oil sector towards ensuring stability, transparency, and fair competition in the sector.