Tinubu Welcomes Proposed Investment by ENI

President Bola Tinubu has commended International Energy Company (ENI) for its proposed new investment in Nigeria, reiterating his vision of making the nation more globally competitive and an investment destination.

The President said that by exploring the possibilities of innovative thinking, strategic planning, new technology, and research into best practices, his administration’s reforms would reposition the nation’s economy.

According to a release by his spokesman, Ajuri Ngelale, the President made this commitment yesterday while receiving a delegation from ENI led by the Chief Executive Officer, Mr. Claudio Descalzi, at the Presidential Villa.

Tinubu said the vision of his administration remained to turn the country into an investment destination, with strategic thinking, planning, and implementation.

“ENI, we welcome your team again. Claudio, it is an honour for me to welcome you back to your second home, Nigeria.

“Welcome back after many years. Nigeria has improved, and I am glad that you noted that we are making changes, not because of anything else but because of a very long-term vision of our investment strategy.

“Gone are the days when we feel like the captain in several ships. We have seen conflicting strategies around the world, and we are determined to champion these changes or take ourselves ahead of those changes and make reforms a priority.

“We cannot grow today’s seed with yesterday’s belief system. We have to continuously be intellectually inquisitive and reform ourselves and our way of doing things. We count on your efforts.

“And we see the effect of your belief in our partnership, not for exploitation, but for investable development. Africa is not in a begging mode but in an accelerated mode to compete and take its place with the rest of the world,’’ the President stated.