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    The Sun: Why Nigeria Needs Increased Funding of Oil, Gas Investments

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Summary

At a conference in Nigeria, oil and gas industry heads discussed why the country needed to increase its investment and governmental collaboration to succeed

by: Erica Mills

Posted in:

South Africa, Africa

The Sun: Why Nigeria Needs Increased Funding of Oil, Gas Investments

Despite the slide in crude oil prices, stakeholders have canvassed continuous fund­ing of the entire spectrum of the oil and gas industry operations, submitting the country stands to reap its long term benefits.

To achieve this initiative, industry experts, who spoke at the last Nigeria Oil and Gas Conference in Abuja, submit­ted that operators in the sector should, as a matter of urgency, increase research and develop­ment funding in order to come up with alternative sources of crude oil exploration activities as was the case with the United States of America before its shale gas project.

Read the full article HERE.