Nigeria’s MSM Group says its expansion in the oil and gas sector, which has unlocked reserves valued at more than $15 billion, would not have been possible without the support of President Bola Tinubu.
Chairman Muazzam Mairawani told journalists in Abuja that the president’s endorsement emboldened the company to push forward with ambitious projects and attract global investors. “Four years ago, few believed in our vision. But once I met President Tinubu, he gave us confidence and support. Today, we are delivering results,” he said.
Mairawani revealed that MSM, through its Frontier Capital acquisition, is at the final stages of completing a $225 million IPO in the United States. He said the group’s target is to inject $2.7 billion annually into the Nigerian economy across energy, infrastructure and shipping.
The conglomerate, which operates under the mission “Bringing Excellence to the Globe,” pledged to remain focused on job creation, national development and transparency.
Mairawani dismissed recent allegations of impropriety as baseless, insisting they were the work of “faceless individuals threatened by the group’s success.” He said regulators and authorities had been informed to trace those behind the claims.
