Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said the economic growth plan recently launched by Federal Government would provide strategic and economic partnerships in excess of 50 billion dollars, The Nation reports.
Kachikwu said this on Tuesday while wooing investors at an event organised in Houston, U.S., by the Nigerian Content Development and Monitoring Board (NCDMB). He said: “the Federal Government of Nigeria has launched a National Economic and Growth Plan for the next four years. This is anchored on the Nigeria Oil and Gas Roadmap among other sectoral roadmaps. This roadmap presents exciting opportunities for financial and strategic partnerships in excess of 50 billion dollars (about N1.58 trillion).”
Kachikwu assured investors of security and the new ease of doing business in Nigeria, adding that government had made progress on reforms in the sector, including progress on the Petroleum Industry Governance Bill which would be passed soon. The minister said that the outcome of the meeting would be aligned to projects and funding opportunities, preliminary discussion on areas of potential collaboration and broad alignment on funding options.