Nigeria to Expect up to $40 Billion Investments in oil Projects - Kachikwu Proclaimed
Ibe Kachikwu, minister of state for petroleum resources, says
Nigeria is expecting investments up to $40 billion in oil projects over
the next five years.
The minister said this at the inaugural edition of the Nigeria International Petroleum Summit (NIPS) on Monday.
He said the federal government’s vision is to have Nigeria refine most of its crude locally, adding that Nigeria is targeting raising domestic refining capacity from 14% to 90% within 20 months. (Source: thecable.ng)
The minister said this at the inaugural edition of the Nigeria International Petroleum Summit (NIPS) on Monday.
He said the federal government’s vision is to have Nigeria refine most of its crude locally, adding that Nigeria is targeting raising domestic refining capacity from 14% to 90% within 20 months. (Source: thecable.ng)
Nigeria to Expect up to $40 Billion Investments in oil Projects - Kachikwu Proclaimed
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Monday, February 19, 2018
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