“We Have No Plan to Leave Nigeria.” – ExxonMobil MD/CEO, Mr. Shane Harris

ExxonMobil has assured the Federal Government that it has no plans to exit Nigeria. This assurance was given by the company’s MD/CEO, Mr. Shane Harris, during a meeting with the Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, in Abuja.

Mr. Harris emphasized the company’s enthusiasm about the prospects of its new investments in Nigeria, stating, “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.”

In response, Sen. Lokpobiri reiterated the Federal Government’s commitment to enhancing oil production and creating a conducive environment for investors in the energy sector. According to a statement by Lokpobiri’s Special Adviser on Media and Communication, Nneamaka Okafor, the Minister highlighted the ministry’s strategic focus on fostering robust collaborations and sharing innovative ideas with International Oil Companies (IOCs).

“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,” said Lokpobiri.

Mr. Harris also hinted at significant new investments that ExxonMobil plans to inject into Nigeria’s energy sector, expressing confidence in the renewed relationship between ExxonMobil and the Nigerian Government. He reassured that the oil giant has no intention of leaving Nigeria.

Sen. Lokpobiri commended ExxonMobil for its commitment, noting that it aligns 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,” he stated.

The discussions underscored the Ministry’s support for both international and independent oil operators. Lokpobiri assured Harris of the Government’s backing, emphasizing the importance of creating a thriving environment for all stakeholders. “We fully support ExxonMobil and other IOCs, just as we do with independent operators. Our collaborative efforts are key to the sustainable growth of our energy sector,” he added.

The Minister stressed the importance of continued dialogue and partnership between the Government and IOCs to drive innovation and growth in the sector.