President Muhammadu Buhari has tagged Nigeria as more of a gas producing state rather than an oil producing Nation.
The president who said this while receiving the Special Envoy of the President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, at the State House, Abuja, lamented that should Nigeria had followed her plans by paying more attention to the gas sector, the country would have been earning more money from the product than it is earning from petroleum now..
The Special Envoy and Minister of Mines and Hydrocarbons, Gabriel Mbega Obiang Lima, had brought a message from his President on the forthcoming meeting of Heads of State of gas exporting nations, which Equatorial Guinea would be hosting.
“We share a lot of things in common with Equatorial Guinea. These include geographical neighbourliness and neighbourliness in terms of resources.
“Nigeria is more of a gas producing, rather than oil producing country. That fact had long been established. If we had followed our own plans, laid out in the 1970s, for the gas sector, we should have had 12 trains by early 1980s, instead of being on just six trains now,” Buhari said in a statement issued by his Special Adviser on Media and Publicity, Femi Adesina. The Special Envoy thanked Nigeria for the support she gave Equatorial Guinea to host the first summit of gas exporting countries in the world, taking place on African soil.
The Special Envoy thanked Nigeria for the support she gave Equatorial Guinea to host the first summit of gas exporting countries in the world, taking place on African soil.