Skip to main content

President Buhari, VP Osinbajo meet with Chevron officials




Press statement from the Presidency...

President Buhari Monday in Abuja assured investors that his administration will implement far-reaching reforms to boost accountability and transparency in Nigeria’s oil and gas industry.
Speaking at a meeting with senior officials of Chevron led by the company’s President for Africa and Latin America, Mr. Ali Moshiri, President Buhari declared that his administration was ready to effectively address the myriad of challenges in the sector.

“We understand the situation in the industry and we will do our best to address the challenges affecting exploration, production and distribution of oil products in the country,’’ the President told the delegation.

Acknowledging the merits of the Amnesty Programme initiated by President Umar Yar’Adua to reduce violence in the Niger Delta region, President Buhari said that his administration will build on good aspects of the programme.

The President added that his administration will also implement other measures to enhance security in the Niger Delta and optimize investments in Nigeria’s oil and gas industry.

Mr. Moshiri had urged President Buhari to restore the confidence of international investors in the industry.

He identified improved security in the Niger Delta as key to increased investment in the oil and gas sector in Nigeria.

Mr. Moshiri said that Chevron which has 36.7 per cent interest in the West African Gas Pipeline Company Limited, was keen to support Nigeria’s gas sector and bring more electricity to Nigerian consumers.
Garba Shehu
Senior Special Assistant to the President
(Media & Publicity)

Comments

Anonymous said…
Baba work hard, Nigerians are not smilling
14 July 2015 at 13:44
Post a Comment

Popular posts from this blog

Will, Jada Pinkett Smith 'We're NOT getting a divorce' - Celebrity couple dismiss rumours

Rumors of divorce have been trailing celebrity couple Will and Jada Pinkett Smith in the last few days, and amongst all this, Pinkett says, 'Marriages go through shifts'. Hollywood  power couple,  Will  and  Jada Pinkett Smith  have shut down viral reports that they are getting a  divorce . Rumours  of  divorce  have been trailing celebrity couple  in the last few days, and amid this,  Pinkett  says, 'marriages go through shifts'. Speaking in the August 2015 issue of  American Way magazine ,  Jada Pinkett Smith,  43, shed more insight into her high-profile 17-year-old marriage to  Will Smith , and all the ups and downs included. Read:  Actress confirms she has an open marriage with Will Smith play (Getty Images ) Pinkett Smith  told  American Airlines' inflight magazine  that she and her husband are accustomed to the  rumours . In fact, they weather it togethe...
Post a Comment
Read more

Amber Rose claps back at haters for her 'slut walk' event

Amber Rose advertised a slut shaming event that she's hosting in LA, which she said it's meant to combat women equality issues, such as sexual injustice and victim blaming among other things. However some people didn't see it that way and bashed her over it. She then responded to one of them in particular and all her haters in general. See what she wrote after the cut...
Post a Comment
Read more

Customs' thugs mistakenly kill innocent trader over 'settlement'

On Friday, July 10,a  28 year old trader Kabiru Mohammed, was said to be dealing in second-hand shoes and was returning from the Seme area in his car at about 5am.was when he was stopped at a checkpoint manned by customs officials around the Federal Government College area in Ijanikin.   It was gathered that after the inspection by the NCS officials, Mohammed was told he could leave. ADVERTISEMENT However, one of the thugs, reportedly working with the NCS officials, was said to have given Mohammed’s vehicle a chase and thrown an object at the car tyres, which made the vehicle swerve and somersault. Mohammed  reportedly died on the spot before he could be helped.   Policemen from the Ijanikin division and soldiers at another checkpoint in the area took Mohammed’s corpse away.   A commercial driver, identified only as Suleiman, said when the officers and the thugs realised that Mohammed was dead, they fled the checkpoi...
Post a Comment
Read more