300,504FansLike
227FollowersFollow
6FollowersFollow
FollowersFollow
905FollowersFollow
138SubscribersSubscribe

UAE Ambassador Fahad Al Taffaq lauds “strong and stable” oil and gas sector in Nigeria

Although we are headquartered in Washington D.C. USA, our reporters and editors are working around the globe to cover what you care about. We invite you to donate to our fundraiser to help us keep our quality news free and available for all.

The United Arab Emirates (UAE) Ambassador to Nigeria Fahad Al Taffaq on Wednesday lauded a “strong and stable” oil and gas sector in the country, and commended President Muhammadu Buhari for his great leadership.

Mr. Buhari doubles as Minister of Petroleum and President of the Federal Republic of Nigeria, while Mr. Timipre Sylva is the Minister of State for Petroleum Resources.

The News Agency of Nigeria (NAN) quoted Garba Deen Muhammad, the spokesman for the minister, as saying in a statement that Al Taffaq particularly lauded “the agile leadership” of President Buhari in stabilizing the oil and gas sector.

[read_more id="2" more="Read full article" less="Read less"]

He made his remarks when he visited Mr. Sylva in Abuja, the Nigerian capital.

Mr. Al Taffaq also praised Mr. Sylva for his “competence” as Minister of State for Petroleum, and extended the commendation to the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari.

Having commended all of the top oil managers in Nigeria, Al Taffaq expressed the UAE’s commitment to investing in Nigeria’s petroleum sector and promised to facilitate high level bilateral opportunities that would deepen the cooperation between both countries.

Left to Right: Bitrus Bako Nabasu (Permanent Secretary), Dr Fahad Al Taffaq and Chief Timipre Sylva

Sylva was quoted as responding that “2020 is an important year for Nigeria with the proposed marginal field rounds and major bid rounds”, adding that Nigeria values its relationship with the UAE and would continue to sustain it.

According to him, the UAE has the financial muscle to fully participate in the process.

NAN explained that “marginal Field refers to an oil field that may not produce enough net income to make it worth developing at a given time. However; should technical or economic conditions change, such a field may become commercial field. It is usually associated with small pockets of hydrocarbons that have a plateau of a few years.”

[/read_more]

UAE Ambassador Fahad Al Taffaq lauds \
Simon Ateba
Simon Ateba
Based in Washington, District of Columbia, United States of America, Simon leads a brilliant team of reporters, freelance journalists, analysts, researchers and contributors from around the world to run TODAY NEWS AFRICA as editor-in-chief. Simon Ateba's journalistic experience spans over 10 years and covers many beats, including business and investment, information technology, politics, diplomacy, human rights, science reporting and much more. Write him: simonateba@todaynewsafrica.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Trending Now

300,504FansLike
227FollowersFollow
6FollowersFollow
1FollowersFollow
905FollowersFollow
138SubscribersSubscribe

JUST IN

Bill Gates praises Africa’s response to COVID-19 but warns against collateral damage

Microsoft founder Bill Gates on Sunday praised Africa's response to the novel coronavirus but warned against collateral damage, including a drastic...

Activists warn Nigerian President bill will render anti-corruption agency EFCC ‘a toothless bulldog’

Nigeria's Socio-Economic Rights and Accountability Project (SERAP) has sent an open letter to President Muhammadu Buhari urging him to “urgently instruct Mr...

As dictatorship escalates, Ethiopia charges prominent opposition figure Jawar Mohammed with terrorism

As human rights organizations continue to warn that Prime Minister Abiy Ahmed is turning Ethiopia into a dictatorship, his administration on...

Trump reimposes all UN sanctions on Iran

The Trump administration said on Saturday it had reimposed all United Nations sanctions on Iran, although 13 of the 15 U.N....

Poison ricin mailed to Trump from Canada intercepted

Authorities in the United States are investigating a package containing poison ricin that was mailed to President Donald Trump last week.

MOST POPULAR

Damning report finds detainees in Iran were sexually abused and given electric shocks in gruesome post-protest crackdown

Iran’s police, intelligence and security forces, and prison officials have committed, with the complicity of judges and prosecutors, a catalogue of...

IMF approves disbursement of additional $1 billion for Angola to respond to COVID-19 economic fallout

The International Monetary Fund (IMF) on Wednesday approved the disbursement of an additional $1 billion for Angola to respond to...

USAID awards millions of dollars to Washington State University to combat lethal livestock disease in East Africa known as East Coast Fever

The U.S. Agency for International Development (USAID) has awarded millions of dollars to Washington State University to combat a lethal livestock...

The world should hear the cries of Oromo people in Ethiopia

The Oromo people in Ethiopia are good people and the world should hear their cries for justice, equality, peace, liberty, democracy...

President Ramaphosa calls on South Africans to save media industry in crisis amid coronavirus economic turmoil

President Cyril Ramaphosa on Monday called on South Africans to support and save the media industry amid the coronavirus economic turmoil.

Again, Obasanjo’s sermon on Nigeria – Perspectives by Abiodun Komolafe

Nigeria’s former president, Olusegun Obasanjo, will not stop amazing Nigerians! In yet another in the series of what could be described as ‘speaking truth to power’, Obasanjo recently berated the Muhammadu Buhari-led administration for mismanaging the country’s diversity. According to him, “old fault lines that were disappearing have opened up in greater fissures and with drums of hatred, disintegration and separation and accompanying choruses being heard loud and clear almost everywhere.”

Stay connected

[/read_more]

[read_more id="2" more="Read full article" less="Read less"]

87 Shares
Share
Tweet
WhatsApp
Reddit
Share