President Bola Tinubu reaffirms the administration's dedication to harnessing Nigeria's domestic gas resources through utilization, processing, and export. He envisions gas as the catalyst for a profound economic transformation during his tenure, aiming for substantial growth.
Speaking on August 18, 2023, in Abuja during a meeting with the Nigeria Liquefied Natural Gas (NLNG) Limited's Board and Management, Tinubu shared his commitment to surmounting obstacles faced by entrepreneurial citizens.
This approach aims to foster best practices within the oil and gas sector, presenting more opportunities for Nigerian and international enterprises to flourish.
He emphasized collaboration and innovation, working with partners to reshape the country's economic future. Tinubu underscored natural gas as Nigeria's pathway to sustainable progress and prosperity, pledging to establish partnerships that generate jobs and skill development for youth. Recognizing the challenges, he acknowledged the role of host communities and security agencies in addressing these issues.
The Board's Chairman conveyed shared frustrations among non-government stakeholders, urging trust-building between investors and communities. The delegation congratulated the President for his 2023 electoral victory and praised his impactful reforms aimed at transforming the Nigerian economy.
The NLNG Managing Director highlighted the company's significant tax contributions despite operational challenges, commending the President's recent actions to address hindrances within the industry.