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President Muhammadu Buhari on Tuesday commended oil giants Shell for its faith in the Nigerian economy and staying power. He gave the commendation while receiving the Director, Global Upstream of Shell, Mr. Andrew Brown, at the State House, Abuja.
On the protracted issue of cash calls, the President assured that the Federal Executive Council will soon consider a proposal for the easing of unpaid arrears owed by the government.
Buhari said that the security of oil infrastructure will continue to be prioritised side-by-side with dialogue with the stakeholder-communities in the Niger Delta.
He, however, urged oil companies to take more responsibility in the protection of oil installations to complement the efforts of Nigerian Navy in the region.
The Nigerian leader said he will leave a legacy of improved infrastructure, particularly in the power sector, and also ensure better security in the Niger Delta. He restated the determination of his administration to restore the country to the “good old days of accountability,” saying: “It is only by doing this that investor morale and confidence will return, and the economy will be positioned on the path of growth.”
In his remarks, Mr. Andrew Brown, informed Buhari of the resumption of oil exportation through the Forcados terminal following its restoration.
He called for continued protection by the Nigerian Navy in view of repeated threats of attack by militants.
Brown commended the anti-corruption posture of the Buhari administration as well as the efforts to streamline and stabilise the economy for long term projects, saying all the efforts will go a long way to reinforce Shell investment plans in Nigeria.
•State House Photo shows President Buhari receiving Mr Andrew Brown, Director Shell Global Upstream, . . . on Tuesday at the State House Abuja.