Nigeria Plans to Access $1 Billion Energy Fund

13 December 2019

President Muhammadu Buhari, yesterday, disclosed that Nigeria would join other African oil and gas producing countries in accessing the $1 billion African Energy Investment Corporation, AEICorp, Fund, promoted by the African Petroleum Producers Organisation, APPO, to increase its crude oil reserves and finance oil and gas exploration.

This came at the backdrop of the emergence of Dr. Omar Farouk Ibrahim, a former spokesperson of the Nigerian National Petroleum Corporation, NNPC, as the new Secretary-General of APPO.

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