Advocates Sound Economic Policies for Nigeria

A Five-man management team from ExxonMobil Producing Nigeria Unlimited, led by its Executive Vice Chairman, Udom Inoyo on Wednesday, September 11, visited the lawmaker representing Etinan/Nsit Ibom/Nsit Ubium Federal Constituency in the National Assembly, Hon. Onofiok Luke in his office.

Mr Inoyo said the visit was to assure the Federal Lawmaker of the company’s readiness to partner with him to unlock the massive potentials that abound in the petroleum industry.

He posited that the right policies must be in place to enable the industry succeed so as to improve the economic fortunes of the country, adding that investment opportunities abound in the country despite numerous challenges.

Also Read: AKHA Health Sub-committee Go on Legislative Oversight

He however decried the high unemployment rate in the country as well as the difficulties experienced in establishing and sustaining investment.

Hon. Luke in his reaction, appreciated the EVC for the visit and commended ExxonMobil for the synergy with members of National Assembly from Akwa Ibom State.

He appreciated efforts of the company in community developments, while appealing to the EVC to see to the return of the major logistics base of the company to QIT by ensuring the activation of their former jetty as well as the return of their major Warehouse in the state.

He noted that those legacies should not become history, adding that a functional QIT Jetty can drive the economy of the state.

Hon. Luke sought for partnership with ExxonMobil on information and exchange of knowledge to enable lawmakers from the state come out with legislative proposals that would benefit Akwa Ibom state and the country at large.

On the Petroleum Industry Governance Bill, the lawmaker said that the successful passage of the bill into law is dear to his heart as that would open the space for local investors to participate to enhance inclusiveness in the local content provisions.

The Federal Lawmaker also reiterated his loyalty and allegiance in the National Assembly to Akwa Ibom people, while stressing the need for even infrastructural development along with human capital development.

He harped on the need to sensitize Akwa Ibom people to take advantage of the opportunities that abound in the oil and gas sector, and assured of his commitment to cooperate with ExxonMobil to achieve human capital development.

Mr Udom Inoyo, described Hon. Luke as very intelligent individual. He said “you have resources, people respect you, people love and accept you. We know you will succeed. A lot of youths are looking up to you”.

Mr Inoyo noted that in his past years as a legislator, Hon. Luke had represented him well as a member of his constituency and expressed the confidence that he will record more giant strides at the national level.

He assured the Lawmaker of the company’s readiness to assist him whenever he needs information to guide his advocacy, while calling on Nigerians to have the right mindset to unlock the opportunities which he said are enormous in the country.

Accompanying the Vice Chairman on the courtesy call were the General Manager Human Resources, Mr Bala Aliyu, the Senior Manager Security External Relations, Mr Ide Owodiong-Idemeko and the Government Relations Advisor, Mr Ozemoya Okordion.