President Muhammadu MBuhari has today granted audience to Chairman/CEO of Total, Mr Patrick Pouyanne, in Paris, France where he discussed the need for improved fiscal stability and attractiveness that are necessary for continuing investment into Nigeria’s vibrant oil and gas industry.
The CEO emphasized the great potentials of Nigerian hydrocarbon industry.
He provided assurances to Mr President of his company’s commitment to continue to invest in Nigeria particularly in gas production and supply for both domestic and export through Nigeria’s LNG
The Group Managing Director of Nigeria National Petroleum Cooperation (NNPC), Mr Mala Kyari said Total had confirmed long term investments in Nigeria, and had consistently exceeded targets in gas production.
He said the NNPC had already designed solutions to some of the challenges in the oil and gas sector, particularly on tax.”
Others in attendance at the meeting were the Hon. Ministers of Trade & Investment, Otunba Adeniyi Adebayo; Foreign Affairs, Mr Geoffrey Onyeama;
Also at the meeting was NNPC’s Group General Manager, National Petroleum Investments Management Services(NAPIMS), BalaWunti.
