UK to invest in Nigeria’s oil and gas

From Uche Usim, Abuja

The British Government is to invest in pipeline infrastructure, renewable energy, gas and power of the Nigerian oil and gas industry.
British High Commissioner, Mr. Paul Arkwright, made this disclosure when the Group General Manager, Public Affairs, Nigerian National Petroleum Corporation (NNPC), Mr. Ndu Ughamadu, paid a courtesy visit to the British High Commission in Abuja.
Arkwright said the British Government had genuine investment interest in the downstream, midstream and upstream sectors, stressing that the British Department for International Trade was ready to liaise with the Federal Government to invest in the country.
He urged the Federal Government and the NNPC to organize a road show in London to create awareness on the possible investment opportunities available in the Nigerian Oil and Gas sector.
Arkwright disclosed that so many British investors had funds, which they were willing to invest in Nigeria, stressing, however, that the process of obtaining Nigerian visa in United Kingdom was cumbersome with three different levels of visa procurement fees as well as Nigeria’s postal order system.
Ughamadu condoled with the British Government over the recent terror attacks in the United Kingdom.
He commended the High Commissioner for the promptness in issuing visas to officials of the corporation.
He promised that NNPC would sustain the cordial relations.