Monday March 28, 2022

Following the war between Russia and Ukraine, which is threatening the supply of gas to European countries by Russia, the Minister of State for Petroleum Resources, Mr Timipre Sylva, has revealed that Nigeria is ready to offer its services as an alternative gas supplier to Europe.
He urged the European Union (EU) to increase investments in gas and hydrocarbons in Nigeria to enable the country to meet the bloc’s energy needs.

This is coming as the Nigeria Extractive Industries Transparency Initiative (NEITI), has declared that the emergence of China as almost the sole destination for Nigeria’s solid minerals resources export poses a risk to the country’s economy.

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