The Group Managing Director of the Nigerian National Petroleum

Corporation,NNPC, Maikanti Baru says that over 48 billion dollars

investment opportunities are in the Nigerian oil and gas sector.

Baru disclosed this in a statement issued in by the NNPC Spokesman,

Ndu Ughamadu, in Abuja.

The GMD called on investors to utilise the over 48 billion dollars

investment opportunities available in the upcoming capital projects

within Nigeria’s Oil and Gas Industry.

Ughamadu said Baru disclosed this at a Panel Session on the topic

“Insights on Future Exploration Hotspots: Opportunities for Africa’s Oil

& Gas Industry at the 2019 International Petroleum Week conference in


The IP Week is a global oil and gas platform where executives and other

energy professionals discuss the big issues affecting the sector.

It is organised annually by the London-based Energy Institute.