Petroleum Africa
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Thursday, June 29, 2017
The government of France is strengthening its connection with Nigeria and Africa as a whole. Toward this end the government said it has set aside an estimated $1.13 billion to invest in Nigeria’s oil and gas industry.
In a statement released by Nigeria’s state-run oil and gas firm, NNPC, the French Ambassador to Nigeria, Denys Gauer, made this known when the Group General Manager, Group Public Affairs Division of the NNPC, Ndu Ughamadu, led a delegation to his office in Abuja.
Gauer, who named Nigeria as France’s first economic trading partner in Africa, said the French Development Agency has already packaged about $1.13 billion to encourage French investors to invest in the Nigerian oil and gas sector.
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