economy
economy

The minister told reporters in Abuja after the weekly Federal Executive Council (FEC) meeting late Wednesday, which was presided over by President Muhammadu Buhari.

economy
economy
Mohammed said the president’s foreign trips were yielding fruitful results for the nation’s economy, noting that the president has succeeded in addressing the fear of insecurity, corruption and terrorism being expressed by foreign investors in the last nine months.

“If you look at the various trips the president undertook toward the end of last year, that is the trip to Iran, it was a conference by gas exporting countries,” he said.

“Nigeria is more of a gas exporting country than actually an oil country, and with the decline in the price of crude (oil) it was about time that Nigeria put much more emphasis, and that was the meeting he attended,” he said.

Mohammed said the Gas Exporting Forum held in Teheran, Iran, assisted Nigeria to enhance efforts aimed at attracting joint investment in the Gas sector.

Speaking in the same vein, Minister of Environment Amina Mohammed also said the president’s foreign engagements had been yielding stronger partnership between Nigeria and the relevant countries.

She told reporters that Nigeria’s participation at the Paris Climate Change conference was a unique opportunity to article the country’s position on climate changes, and how it aggravated security challenges in the country, and the West African region.

She maintained that the conference also assisted the country to revise its Intended Nationally Determined Contributions to accommodate other multi sector issues. Enditem

Source: Xinhua

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