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Energy

Organise roadshow in UK to drive oil and gas investors–Britain envoy tells NNPC

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The British High Commissioner, Paul Arkwright, has advised the Nigerian National Petroleum Corporation (NNPC) to design a structured road show in London to create awareness on the possible investment opportunities available in the Nigerian oil and gas sector.

Addressing a delegation of the corporation who visited him in office in Abuja, he said so many British investors had funds which they were willing to invest in Nigeria.

Arkwright noted that the British Government had genuine investment interest in the Downstream, Midstream and Upstream sectors, stressing that the British Department for International Trade (BDIT) was ready to liaise with the federal government to invest in the country.

He pointed out that British Government has expressed its readiness to invest in pipeline infrastructure, renewable energy, gas and power of the Nigerian oil and gas industry.

The Group General Manager, Group Public Affairs of the Nigerian National Petroleum Corporation, (NNPC), Ndu Ughamadu, had paid a courtesy visit to the Chancery of British High Commission in Abuja.

The funny side of the visit was that while the leader of the delegation, Ndu Ughamadu, commended the High Commissioner for the Commission’s promptness in issuing visas to officials of the Corporation, Arkwright was however quick to observe that ease of doing business in Nigeria need to go international considering the unprecedented stress investors pass through in getting Nigerian visa in United Kingdom.

He pointed out that up till now; there are still three different levels of visa procurement fees and issues in the use of Nigeria’s postal order system.

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