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Nigeria has the resources and the leadership, we have never been more ready for business,” President Tinubu tells global energy industry

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  • ExxonMobil pledges nearly 40,000bpd in new Nigerian production in the short-term

President Bola Tinubu played host to a delegation consisting of the global leadership of an Oil & Gas transnational giant, ExxonMobil, on Monday in New York, where he made his position known that Nigeria is no longer settling for crumbs and leftovers on the investment agenda of the world’s most prolific energy conglomerates, saying “Nigeria has never been more ready for business than it is now.”

President Tinubu says, following an illustrious private sector career as a professional accountant in the oil & gas industry, he has proven his capacity to take difficult decisions as President and is best prepared to solve problems and crush all bottlenecks standing in the way of new and large-scale capital flowing into Nigeria’s oil & gas industry.

“The knotty issues require direct supervision on my part. Despite many contending obligations, I will sit down and oversee the process of removing these encumbrances to job and wealth creation for the Nigerian people. We know the industry. We grew up in it. We are positioned to solve the problems, and we are pragmatic, and we will solve the problem,” the President firmly assured.

ExxonMobil President of Global Upstream Operations, Liam Mallon, assured President Tinubu that he is aware of the new and personal commitment that the President is bringing to bear on behalf of Nigeria and is well placed to reciprocate the President’s efforts with new investment as he pledged new production of nearly 40,000bpd in its Nigerian operations in phase one of a new investment push in Nigeria.

“What you told us was that your team would collaborate with us, and that has proven true. We have made significant progress since we last met. We are growing our production, and we are working hard on expanding in the deep water production. We appreciate your efforts, and we will respond in kind. The time is right. Thank you for your leadership,” the ExxonMobil President stated.

International

Nicolas Maduro, wife plead not guilty in New York court

Maduro, 63, told a federal judge in Manhattan that he had been “kidnapped” from Venezuela and said, “I’m innocent, I’m not guilty; I’m still the president of my country.”

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Deposed Venezuelan president Nicolas Maduro pleaded not guilty to charges of narco-terrorism in a New York court on Monday, two days after being snatched by US forces in a stunning raid on his home in Caracas.

Maduro, 63, told a federal judge in Manhattan that he had been “kidnapped” from Venezuela and said, “I’m innocent, I’m not guilty; I’m still the president of my country.”

Maduro’s wife Cilia Flores likewise pleaded not guilty.

The pair were snatched by US commandos in the early hours of Saturday in an assault backed by warplanes and a heavy naval deployment.

(AFP)

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International

Colombia and Mexico hit back at the U.S over Venezuela’s Maduro overthrow

Mexico’s President Claudia Sheinbaum told Trump that Americas “do not belong” to any power, dismissing Washington’s “dominance” of the hemisphere after seizing Venezuela’s leader in a military raid.

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Collage: U.S. President Donald Trump; Colombian President Gustavo; Mexico’s President Claudia Sheinbaum

Colombian President Gustavo Petro said Monday he was ready to “take up arms” in the face of threats from US counterpart Donald Trump, who over the weekend seized the leader of neighbouring Venezuela in a military strike.

Mexico’s President Claudia Sheinbaum told Trump that Americas “do not belong” to any power, dismissing Washington’s “dominance” of the hemisphere after seizing Venezuela’s leader in a military raid.

Petro, a former guerrilla who for months had been the target of insults and threats from Trump, said on X: “I swore not to touch a weapon again… but for the homeland I will take up arms again.”

In reaction, Trump said that Petro should “watch his ass” and described Colombia’s first-ever leftist leader as “a sick man who likes making cocaine and selling it to the United States.”

Petro, whose M-19 urban guerrilla group disarmed under a 1989 peace agreement, has traded barbs with Trump ever since the Republican’s return to the White House in January.

Petro has been a vocal critic of the US military deployment in the Caribbean, which began with blowing up of alleged drug boats, before expanding to seizure of Venezuelan oil tankers, then Saturday’s raid on Caracas to seize President Nicolas Maduro.

Trump accused the Colombian leader, without providing evidence, of being involved in drug trafficking and hit him and his family with financial sanctions.

Washington also removed Colombia from a list of countries certified as allies in the US war on drugs.

In a long message on X, Petro insisted that his anti-narcotics policy is sufficiently robust, but stressed there were limits to how aggressive the military can be.

“If you bomb even one of these groups without sufficient intelligence, you will kill many children. If you bomb peasants, thousands will turn into guerrillas in the mountains. And if you detain the president, whom a good part of my people love and respect, you will unleash the popular jaguar,” he wrote.

Trump, emphasising that American dominance in the Western Hemisphere will never be questioned again,” Mexico’s President Sheinbaum hit back Monday, saying: “The Americas do not belong to any doctrine or any power. The American continent belongs to the peoples of each of the countries that comprise it.”

The Americas comprise North and South

North America includes 23 independent countries, featuring large nations like Canada, the United States, and Mexico, along with Central American nations (e.g., Costa Rica, Panama) and Caribbean island nations (e.g., Cuba, Jamaica, Bahamas).

South America has 12 independent countries: Argentina, Bolivia, Brazil, Chile, Colombia, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay, and Venezuela, plus French Guiana.

US military forces early Saturday launched strikes on the Venezuelan capital Caracas and seized Maduro and his wife, flying them to New York to stand trial on drug trafficking charges.

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International

Maduro’s Son Calls On Deposed Leader’s Supporters To Stage Protests

They want us to appear weak, but we will not show weakness,” said Maduro Guerra, who is one of six people, along with his father and stepmother Cilia Flores, accused of “narcoterrorism” by US authorities.

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Deputy Nicolas Maduro Guerra, son of Venezuela’s President Nicolas Maduro, attends a National Council for Sovereignty and Peace event at the Hotel Eurobuilding in Caracas on October 8, 2025. Photo by FEDERICO PARRA / AFP

Nicolas Maduro’s congressman son called on Sunday for Venezuelans to take to the streets following his father’s ouster by US forces and transfer to a New York jail.

“You will see us in the streets, you will see us by people’s sides, you will see us fly the flag of dignity,” Nicolas Maduro Guerra, 35, said in a defiant audio message shared on social media.

“They want us to appear weak, but we will not show weakness,” said Maduro Guerra, who is one of six people, along with his father and stepmother Cilia Flores, accused of “narcoterrorism” by US authorities.

The seamless execution of the operation to grab Venezuela’s leader from his hiding place in the capital Caracas and fly him out of the country has led to speculation that the socialist firebrand was betrayed by someone within his inner circle.

Echoing those rumours, his son said, “History will tell who the traitors were, history will reveal it. We will see.”

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