ADVERTISEMENT
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here
  • Login
National Insight News
Advertisement
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • Health
  • Tourism
No Result
View All Result
National Insight
No Result
View All Result
Home Featured

ExxonMobil Denies Plan to Leave Nigeria

by NationalInsight
June 25, 2024
in Featured, News
Reading Time: 2min read
0
#image_title

#image_title

1
SHARES
389
VIEWS
Share on FacebookShare on TwitterShare on WhatsApp

The Managing Director, ExxonMobil Nigeria, Shane Harris, has declared that the oil major is not leaving Nigeria as claimed in some quarters, particularly after the oil firm’s proposed divestment of a 100 per cent interest in Mobil Producing Nigeria Unlimited to Seplat Energy Offshore Limited.Harris, who disclosed this at a meeting with the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, in Abuja, stated that ExxonMobil is currently carrying out new investments in the oil and gas sector in Nigeria.

The Special Assistant on Media and Communications to the petroleum minister, Nneamaka Okafor, disclosed this in a statement issued in Abuja on Monday.

“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.

You might also like

Death of BCOS Broadcaster Bukola Akintade Shocks Oyo Media Community

Juju Maestro, Prof. Y.K. Ajao is Dead

Folami, Mustapha, Adesokan Emerge NANTA Leaders as Elections Reinforce Leadership Structure

Load More

It further quoted the ExxonMobil boss as saying, “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.

He highlighted the ministry’s focus on creating collaborations and sharing innovative ideas with international oil companies, stating that “we are dedicated to ramping up production and ensuring a supportive environment for all investors by doing everything possible to maintain investor confidence in our country.”

ALSO READ  My Album Will Make History- Ckay

Lokpobiri commended the ExxonMobil team for their commitment in the Nigerian oil and gas sector, noting that it aligned perfectly with the nation’s objectives.

“ExxonMobil’s planned investments are commendable and greatly appreciated. This renewed relationship is a testament to the mutual goals we share for the future of our energy sector,” the minister stated.

The statement added that the discussions by both parties also touched on the ministry’s support for international and independent oil operators.

Lokpobiri assured Harris of the government’s support, emphasising the importance of creating a thriving environment for all stakeholders.

“We fully support ExxonMobil and other lOCs, just as we do with independent operators. Our collaborative efforts are key to the sustainable growth of our energy sector,” he stated.

author avatar
NationalInsight
See Full Bio
Tags: ABUJAExxonMobilExxonMobil NigeriaManaging DirectorMinister of State for Petroleum Resources (Oil)NIGERIASenator Heineken LokpobiriShane Harris
Share12Tweet8Send
Previous Post

#Cholera: NCDC Activates Emergency Centre As Death Toll Rises to 53

Next Post

Makinde Redeploys Three Commissioners in Minor Cabinet Shake-up

NationalInsight

NationalInsight

Related Posts

#image_title
Featured

Death of BCOS Broadcaster Bukola Akintade Shocks Oyo Media Community

by NationalInsight
April 18, 2026
103
#image_title
News

Juju Maestro, Prof. Y.K. Ajao is Dead

by NationalInsight
April 18, 2026
106
#image_title
Featured

Folami, Mustapha, Adesokan Emerge NANTA Leaders as Elections Reinforce Leadership Structure

by NationalInsight
April 18, 2026
120
Otunba Babatunde Adesokan
Featured

Adesokan Emerges NANTA National Publicity Secretary, Pledges Strategic Repositioning

by NationalInsight
April 18, 2026
110
#image_title
Featured

Igbo Residents in Ibadan Back Makinde, Knock Fayose Over Alleged Interference in Oyo Politics

by NationalInsight
April 18, 2026
33
Next Post
Oyo State governor, 'Seyi Makinde

Makinde Redeploys Three Commissioners in Minor Cabinet Shake-up

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest Post

#image_title

Death of BCOS Broadcaster Bukola Akintade Shocks Oyo Media Community

April 18, 2026
103
#image_title

Juju Maestro, Prof. Y.K. Ajao is Dead

April 18, 2026
106
#image_title

Folami, Mustapha, Adesokan Emerge NANTA Leaders as Elections Reinforce Leadership Structure

April 18, 2026
120
National Insight News
  • Home
  • About Us
  • Contact Us
  • Privacy Policy
  • Advertise Here

Recent Posts

  • Death of BCOS Broadcaster Bukola Akintade Shocks Oyo Media Community
  • Juju Maestro, Prof. Y.K. Ajao is Dead
  • Folami, Mustapha, Adesokan Emerge NANTA Leaders as Elections Reinforce Leadership Structure

Copyright © 2020 National Insight News

No Result
View All Result
  • Politics
  • Entertainment
  • News
    • Business
    • Health
    • Tourism
  • Sports
  • Contact Us
  • Privacy Policy

Copyright © 2020 National Insight News

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
WP Twitter Auto Publish Powered By : XYZScripts.com