The French Government says that it has set aside about one billion Euros to be invested in the Nigeria Oil and Gas industry
France Ambassador to Nigeria, Denys Gauer, disclosed this in a statement signed by Ndu Ughamadu, NNPC Group General Manager, Group Public Affairs division, today in Abuja
He said that Nigeria remained her first economic trading partner in Africa and commended the Federal Government for stemming the Niger Delta insecurity situation noting that Total, a French multinational Oil and Gas Company, had significant investment equity in the Nigeria Liquefied Natural Gas Limited, NLNG, and Egina project.
Earlier, Ughamadu who led the delegation , said the Corporation under the current management led by the Group Managing Director, Dr. Maikanti Baru, was well positioned and open to investment opportunities from its Government and investors.
He further thanked the Ambassador for the warm reception accorded the NNPC delegation and assured him that with the leadership of the new NNPC management, the Corporation was determined to develop a robust business atmosphere for investors.
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