OpeOluwani Akintayo Lagos — Amidst the recent crash in crude oil prices, the Nigerian National Petroleum Corporation, NNPC, has expressed readiness…
Browsing: Foreign Direct Investment
New Delhi — Protests by workers at Coal India Ltd on Tuesday over implementation of reforms including allowing 100% foreign…
Ike Amos Abuja — Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, has lamented the difficulties experienced…
Mkpoikana Udoma Port Harcourt — The Institute of Chartered Economists of Nigeria, ICEN, says Nigeria economy lost about $22.6 5billion…
Ike Amos 09 March 2019, Sweetcrude, Abuja — Foreign investment inflow into the Nigeria petroleum industry appreciated by 98.06 percent…
18 August 2017, Sweetcrude, Lagos – The Minister of Petroleum Resources, Dr Ibe Kachikwu, has decried the high cost of…
Ike Amos 31 May 2017, Sweetcrude, Abuja — The Nigerian oil and gas sector attracted $821.23 million, about N303.855 billion…
“NLNG succeeded largely due to the provisions of the NLNG Act, which gave investors the confidence to invest in the country. But with an amendment, that confidence will be eroded and jeopardize critical ongoing investments for the continued survival of the company.”
He said that China was devoted to implementing the outcomes of the China-Africa Cooperation Summit during President Muhammadu Buhari’s visit to the Asian country in April 2016.
Wabote said since the legislation came into effect, the oil and gas industry has recorded significant Foreign Direct Investment (FDI) in pipe mill and growth in Nigeria- owned marine vessels.