Buhari seeks more returns from gas investments

President Muhammadu Buhari has pushed for more foreign investment in Nigeria’s gas sector to ensure more revenue for the country.
At a meeting with Chief Executive Officer of Total Patrick Pouyanne in Paris, France, on Thursday, Mr Buhari assured investors that investment in gas remains a top priority for the country, considering the huge benefits in terms of returns and utility.
Femi Adesina, the president’s spokesman in a statement said the president noted that Nigeria had made huge investments in gas, and would continue to create enabling opportunities for expansion, while looking at improving alternatives for renewable energy.
According to him, Nigeria remains mindful of the target of zero emission by 2060, and has already started putting in place necessary natural structures that will ensure balance and safety for citizens and the global community.
In his remark, Mr Pouyanne said the French company was greatly encouraged by the interest and support for investors in the country and would continue to explore and pursue opportunities of mutual interest.
Mr Pouyanne noted that the Nigeria National Petroleum Corporation (NNPC) led by 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.
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette

Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”

Heading 5
Crisis hits Obi-Kwankwaso campaign as OK Movement, NDC fight over structure
National secretary Saadatu Sani called on the NDC national chairman to withdraw statements considered defamatory and apologise to the OK Movement and Mr Ughulu.

States
Labour Party won’t participate in Oyo LG elections, says secretary
The party’s state general secretary, Fatai Ojetunde, said LP had participated in previous elections without seeing tangible outcomes.

Heading 1
U.S. issues travel advisory to Americans over Iran-Middle East conflict
“Americans outside the Middle East should seriously reconsider travel to and through the region,” a Department of State travel advisory said.

Lagos
LASTMA warns against skating on public highways
The General Manager of LASTMA, Olalekan Bakare-Oki, said such practices expose users to grave and entirely avoidable traffic hazards.

Agriculture
Ekiti LG to aid young farmers with mechanised equipment
Mr Omojola said the aim was to empower young farmers through mechanised farming, create jobs, and boost food production.

Economy
Tinubu To Govs: Emulate Uba Sani on Kaduna mass transit scheme
The president said subnational governments need such interventions to reduce transportation costs and ease pressure on households.





