Nigeria, Saudi Arabia Signs MoU on Energy Cooperation

The Federal Ministry of Petroleum Resources announced that Nigeria and Saudi Arabia have signed a Memorandum of Understanding to promote collaboration, information exchange and technology transfer in the oil sector. <br />The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, says the key purpose of the MoU is to promote collaboration, information exchange and technology transfer, thereby creating a conducive environment for a mutually beneficial partnership. <br />The Minister further stated that the MoU would attract substantial Foreign Direct Investment into Nigeria’s oil and gas sector. <br /><br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>