MSM Group Chair, Muazzam Mairawani, has praised Federal Govermment’s investments drive in oil and gas, saying it has yielded $15 billion.
This is as he denied allegations of financial impropriety levelled against the group.
Mairawani, who spoke with reporters in Abuja credited President Bola Tinubu’s foresight for its breakthrough.
He said presidential backing emboldened MSM to expand and attract fresh investments, leading to discovery of oil reserves, valued at $15 billion.
”Four years ago, I was not fully operating in oil and gas. When I approached NNPCL with ideas to enhance production, many did not believe us.
”But when I met Mr President, he believed in us. To God be the glory, we didn’t let him down,” Mairawani said.
He added: “Our target is to do $2.7 billion every year in investments into Nigeria. Without the President’s support, MSM would not have achieved these.
On the allegations, he said they were unfounded and an attempt to tarnish reputation of the firm.
He said the group had filed complaints to the authorities. “These allegations are unfounded, baseless, and without merit. They are attempts by faceless individuals to tarnish our reputation, which has stood for excellence, transparency, and integrity.
“The authorities have been informed, and I assure you they will identify and apprehend those behind these malicious claims. MSM Group will cooperate with the authorities to ensure justice is served.
“We have built MSM Group on the values of trust, accountability, and innovation, and nothing will distract us from our mission of “Bringing Excellence to the Globe.”
“Our focus remains on expanding opportunities in key sectors of oil and gas, cement, shipping and power—contributing to national development, creating jobs, and improving lives of millions.
“I thank Nigerians and our international partners, for their support. MSM Group is here to stay, and we will continue to deliver excellence on all our business operations.”
