Nigeria Expects $50bn Oil Investment by Year-End, Says Deputy Oil Minister Lokpobiri

The minister who spoke with journalists in Abuja, on Tuesday, said that the policy direction of President Bola Ahmed Tinubu, has in the last one year, revolutionised the oil sector, making it very attractive to both local and foreign investors.

Explaining that the quickest way to fix the nation’s socio-economic challenges was through the oil sector, the minister said the federal government was working very hard to use oil resources to industrialise the country.

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