“It’s An Opportunity”: Shehu Sani Reacts As Shell, Top Oil Companies Close Operations in Nigeria

“It’s An Opportunity”: Shehu Sani Reacts As Shell, Top Oil Companies Close Operations in Nigeria

  • The exit of some companies in Nigeria has been followed by criticisms of Tinubu's supposed economic development in Nigeria
  • Shehu Sani has maintained that the exit of some companies from Nigeria is a move that indicates the country needs to look inward
  • The former Kaduna senator explained that the country gains more as multinationals close operations in Nigeria

Legit.ng journalist Esther Odili has over two years of experience covering political parties and movements.

A former Kaduna senator, Shehu Sani, revealed what Nigeria stands to gain as top oil companies close operations in the country.

Shell, Agip, Shehu Sani
Shehu Sani believes that Nigeria's resources should primarily serve and benefit its people. Photo credit: Senator Shehu Sani
Source: Facebook

How exit of top oil companies will favour Nigeria

In a post shared on his X account on Sunday, January 21, Sani explained that the exit of some top oil multinationals from Nigeria is another opportunity for the country to develop its economy.

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The former lawmaker noted that it is long overdue for the nation and its leaders to rethink and focus on growing its produce to have a robust economy, concluding that "Nigeria's resources should be for the benefit of Nigerians."

Sani tweeted:

"The Exit of Shell,Agip and other Oil multinationals from Nigeria is a great opportunity to decolonise our economy and country.After 63years of political independence it’s enough time for us to explore and refine our oil.Nigeria’s resources should be for the benefit of Nigerians."

Reactions to Shehu Sani's comment about exit of oil companies

Nigerians took to the comment section on X to share their different opinions. Legit.ng captured some of their reactions.

@legend_082 tweeted:

"Okay and the likes of Dangote, Otedola, Elumelu’s will swiftly takeover and the country will still remain impoverished. Truth be told, inhabitants of this country ruin anything they touch."

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@laraGold143 tweeted:

"Yet workforce of 11,000 expatriates from India were sought after for Dangote Refinery. A mediocre decision considering Nigeria’s alarming high unemployment rate."

@MeetSunshineMay tweeted:

"I thought some useless Tinubu supporters through the corrupt National bureau of statistics said that Nigeria economy grew by 4%? Mad people."

@mmayomi tweeted:

"Marginal fields don’t yield this much! Most are already going down but it is a good move. Deep offshore ni Koko."

@Chukwuemek87372 tweeted:

"Makes sense if Nigeria will properly make use of the freedom, if looters will not use the opportunity to drain the sector."

Shehu Sani reacts as Shoprite moves to end operations in Kano

Earlier, Legit.ng reported that the former Kaduna Central senator sent a crucial message to President Bola Ahmed Tinubu as Kano Shoprite reportedly moved to close down its operations.

In a post shared on his X page on Thursday, December 14, 2023, Sani urged President Tinubu to appeal to Shoprite's management, insinuating the development would greatly affect people.

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Peter Obi laments as P&G exits Nigeria

In a similar development, Legit.ng reported earlier that Peter Obi, Labour Party flagbearer, expressed concern over manufacturing companies closing their operations and exiting Nigeria.

In a series of tweets posted on his X page on Thursday, December 7, 2023, Obi lamented the exit of top global Pharmaceutical giant GlaxoSmithKline (GSK) and makers of iconic brands, Procter & Gamble (P&G) from Nigeria.

The former governor of Anambra state said the manufacturing companies were departing because they perceived a decline in Nigeria's economic growth and productivity.

Source: Legit.ng

Authors:
Esther Odili avatar

Esther Odili (Politics and Current Affairs Editor) Esther Odili is a journalist and a Politics/Current Affairs Editor at Legit.ng with 6+ years of experience. She Holds OND and HND in Mass Communication from the Nigerian Institue of Journalism (NIJ), where she was recognized as the best student in print journalism in 2018. Before joining Legit.ng, Esther has worked with other reputable media houses, such as the New Telegraph newspaper and Galaxy Television. In 2024, Esther obtained a certificate in advanced digital reporting from the Google News Initiative. Email: esther.odili@corp.legit.ng.