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Nigeria’s Crude Oil One Of World’s Best, FG Woos Foreign Investors
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has wooed investors to invest in Nigeria, saying government policies have secured the right environment for them to thrive.
Lokpobiri, who spoke at the CERAWeek by S&P Global in Houston, Texas, the United States of America, said Nigeria’s crude oil is one of the best in the world.
He specifically said that his ministry has held talks with major International Oil Companies (IOCs) such as Shell, Chevron, Total, Eni, and ExxonMobil.
“And you know, Nigeria’s crude is one of the best in the world. I believe that the message is syncing well and all of them have made commitments to say, look, when they are prioritizing investment destinations, Nigeria will be the preferred destination,” the minister told Channels Television on the sidelines of the conference.See more, details. .
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