President Muhammadu Buhari has reiterated his administration’s determination to restore the country to the “good old days of accountability”.
Buhari stated this in Abuja on Tuesday at a meeting with the Director, Global Upstream of Shell Oil Company at the State House, Abuja.
“I will leave a legacy of improved infrastructure, particularly in the power sector and also ensure better security in the Niger Delta.
“It is only by doing this that investor morale and confidence will return, and the economy will be positioned on the path of growth.’’ he said.
Buhari, who commended Shell for their faith in the economy and staying power, gave assurances on some issues of concern raised by the company.
On the protracted issue of cash calls, the president assured that the Federal Executive Council would soon consider a proposal for the easing of unpaid arrears owed by the government.
He further assured that the security of oil infrastructure would continue to be prioritised side-by-side with dialogue with the stakeholder-communities in the Niger Delta.
The president, however, urged oil companies to take more responsibility in the protection of oil installations to complement the efforts of Nigerian Navy in the region.
In his remarks, the Shell Director, Mr. Andrew Brown, informed the president 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.
He expressed the hope that all these efforts would go a long way to reinforce Shell investment plans in Nigeria.
