3 min read
President Muhammadu Buhari Thursday declared that Nigeria will strengthen its position as regional leader in the oil and gas industry, even as his administration will spare no effort in ensuring maximum benefit from the nation’s huge natural resources.
Speaking at the virtual inauguration of the National Oil and Gas Excellence Centre (NOGEC) at the Department of Petroleum Resources (DPR) headquarters, Lagos, President Buhari pledged that the Federal government will continue to leverage oil and gas for development and pursue economic diversification across all sectors.
”You would recall that at the beginning of this administration, we set a clear roadmap for the oil and gas sector in order to increase value from the nation’s huge resource potentials and create opportunities for investors, both local and foreign, when I declared that: ‘Nigeria is Open for Business!’,” he said.
Buhari revealed this in a virtual address at the
inauguration of the National Oil and Gas Excellence Centre (NOGEC) which was held at the Department of Petroleum Resources (DPR) headquarters in Lagos.
The president said his administration is committed to ensuring maximum benefit from the nation’s huge natural resources and will continue to leverage on oil and gas to ensure economic growth.
He said: ”You would recall that at the beginning of this administration, we set a clear roadmap for the oil and gas sector in order to increase value from the nation’s huge resource potentials and create opportunities for investors, both local and foreign, when I declared that: ‘Nigeria is Open for Business!’