Nigeria has $48bn investment opportunities in oil, gas sector — Baru

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Group Managing Director of the NNPC, Dr Maikanti Baru

By Edith Ike- Eboh

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru says that over 48 billion dollars investment opportunities are in the Nigerian oil and gas sector.

Baru disclosed this in a statement issued in by the NNPC Spokesman, Mr Ndu Ughamadu, in Abuja, on Thursday.

The GMD called on investors to utilise the over 48 billion dollars investment opportunities available in the upcoming capital projects within Nigeria’s Oil and Gas Industry.

Ughamadu said Baru disclosed this at a Panel Session on the topic “Insights on Future Exploration Hotspots: Opportunities for Africa’s Oil & Gas Industry” under the sub-theme “The New Frontier for Africa’s Oil & Gas” at the 2019 International Petroleum (IP) Week conference  in London.

The IP Week is a global oil and gas platform where executives and other energy professionals discuss the big issues affecting the…



Source: News Agency of Nigeria