France pledges to invest over one billion Euros in Nigeria’s oil and gas industry

Written by  Jun 28, 2017

The French Government is set to invest about one billion euros in the Nigeria Oil and Gas industry in sustenance of the strong economic relations with Nigeria.

French Ambassador to Nigeria, Denys Gauer, disclosed this when the Group General Manager, Group Public Affairs Division of the Nigerian National Petroleum Corporation, Ndu Ughamadu, led a delegation to his office in Abuja.

Gauer said that the French Development Agency has put in place about one billion Euros to encourage French investors to invest in the Nigeria Oil and Gas sector.

He added that the French government is also collaborating with the federal government in the fight against Boko Haram insurgency in the North East.

The French envoy commended the government for curtailing the Niger Delta insecurity situation.

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