Buhari pledges stability for investments to thrive

President Muhammadu Buhari has reiterated that investments could only thrive in an atmosphere of social and political stability, hence his administration was determined to do all within its powers to safeguard the interest of investors.

His Special Adviser on Media and Publicity, Femi Adesina, in a statement made available yesterday to newsmen in Abuja, said the Nigerian leader spoke at State House while playing host to the Chairman and Chief Executive Officer of Total Group Worldwide, Mr. Patrick Pouyanne.

Buhari said: “The relationship between us and Total has been long and mutually beneficial. We want it to remain so. We have to be honourable, honest and work together, so that we can improve. At our own end, we promise social and political stability, so that you can recover your investments. It is our duty as government, and we will do it, so that we can maintain the mutual confidence in each other.”

In his remarks, the visitor disclosed that apart from oil and gas, which is his company’s core area, Total was also willing to develop the solar power potentials of Nigeria.

“Our portfolio is large. We have many more projects to come. The prospects for Nigeria in oil and gas remain huge. More developing activities are possible, and we need to keep the momentum, and commit more investments to Nigeria,” he said.