Business & Economy
What Total’s CEO Told Buhari in France
Nigeria and Total will continue to be strong partners for investment and development, for the mutual benefit of both parties.
The board of Total Plc has revealed its intention to expand its investments plans in Nigeria, to the Federal Government. The oil and gas firm plans to expand its investments not only in oil and gas but also in renewable energy, and other areas.
This was disclosed by President Muhammadu Buhari via his Twitter handle after he met with the Total team led by its Chairman, Patrick Pouyanne, in Paris, France.
He tweeted, “Nigeria and @Total will continue to be strong partners for investment and development, for the mutual benefit of both parties
“In my meeting today with the Chairman and CEO of @Total, @PPouyanne, I stressed the fact that Nigeria is more a gas country than a crude oil country. Our administration is laying a solid foundation for Nigeria to realise its full gas potential.
@Total has been an important part of Nigeria’s oil and gas journey for decades, and we thank them for their consistency. We will continue to work hard to enhance fiscal stability that will favour them and other investors in Nigeria.
We also welcome their interest in expanding their investments not only in oil and gas in Nigeria, but also in renewable energy, and other areas. Nigeria and @Total will continue to be strong partners for investment and development, for the mutual benefit of both parties.”
