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First with the News

Investment In Gas Remains Nigeria’s Top Priority, President Buhari Tells Investors In France

November 11, 2021
in Economy, Top Stories
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Nigeria: President Buhari To Unveil Redesigned Naira Notes Wednesday

President Muhammadu Buhari.

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By John Ikani 

President Muhammadu Buhari has assured investors that investment in gas remains a top priority for the country, considering the huge benefits in terms of returns and utility.

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A statement issued on Thursday by Presidential Spokesman Femi Adesina, revealed that the President made the pledge while receiving the Chief Executive Officer of Total, Patrick Pouyanne, in Paris.

According to him, Nigeria has made huge investments in gas, and will continue to create enabling opportunities for expansion, while looking at improving alternatives for renewable energy.

The President added that Nigeria remains mindful of the zero-emission by 2060 target, and had already started putting in place necessary natural structures that will ensure balance and safety for citizens and the global community.

Responding, the CEO of Total said the French company had been greatly encouraged by the interest and support of investors in the country, and would continue to explore and pursue opportunities of mutual interest.

Pouyanne noted that the Nigeria National Petroleum Corporation (NNPC) led by Mele Kyari had provided a strong support base and partnership for growth, assuring the President that investments in the gas sector will be sustained, with consideration for renewable energy.

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