President Muhammadu Buhari has welcomed the decision of the African Petroleum Producers’ Organisation (APPO) to site the headquarters of the African Energy Investment Corporation in Abuja.
He has also pledged the full support of the country in ensuring the successful take-off of the organisation.
According to a statement issued by Garba Shehu, Senior Special Assistant to the President (Media & Publicity), at a meeting with Dr Omar Farouk, a Nigerian, who is the Secretary-General of the organisation at the presidential villa, Abuja on Thursday, President Buhari also gave the assurance that Nigeria will pay for its share subscription.
The President, who received praises for the vision of setting up the APPO and the ratification of its charter by Nigeria back in 1985 as Military Head of State, said the peculiarities of the challenges facing African oil producers required them to come together under the association to share experiences and solve their problems collectively.
President Buhari said the growing clamour for a reduction in the use of fossil fuels notwithstanding, countries like Nigeria needed to produce more oil to feed the petrochemical industry and create jobs.
On the peculiar challenges facing the country amid its large population and immense deficit in infrastructure, President Buhari urged the Organisation of Petroleum Exporting Countries (OPEC) to consider the weight of the responsibility of the nation with “200 million people, with a severe deficit in infrastructure” when sharing oil production cuts.
YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE
Again, Nigeria’s new weekly COVID-19 infections have increased, Tribune Online analysis shows.
In the previous week, the country recorded 1,206 new infections (November 8 -14), an increase when compared to the 923 cases recorded in the penultimate week (November 1 -7) and the 937 cases recorded from October 25 – 31…
t is still uncertain whether the ongoing strike by the Academic Staff Union of Universities (ASUU) will end soon as President of the union, Professor ‘Biodun Ogunyemi said there were certain steps to be taken to reach that final conclusion on the issue…
Buhari welcomes APPO headquarters to Abuja