Connect with us

News

‘Investment in gas a top priority for Nigeria,’ Buhari assures investors

Published

on

President Muhammadu Buhari told investors on Thursday that investment in gas remains a top priority for the country because of its huge benefits in terms of returns and utility.

The President, according to a statement issued by its Special Adviser on Media and Publicity, Femi Adesina, stated this when he met with Chief Executive Officer of Total, Patrick Pouyanne, in Paris, France.

He said Nigeria had made huge investments in gas and would continue to create enabling opportunities for expansion while looking at improving alternative sources of energy.

The President stressed that was mindful of the target of zero emission by 2060, and had already started putting in place necessary structures that would ensure balance and safety for citizens and the global community.

READ ALSO: Buhari pledges to harness country’s gas potentials for full industrialisation

In his remark, the Total chief executive said the oil giant was greatly encouraged by the interest and support for investors in the country and would continue to explore and pursue opportunities of mutual interest.

Pouyanne noted that the Nigeria National Petroleum Corporation (NNPC) under its present Group Managing Director, Mele Kyari, had provided a strong support base and partnership for growth.

He assured the President that investments in the gas sector would be sustained with consideration for renewable energy.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now