Nigerians react to Buhari's MoU importing Crude Oil from Niger Republic

Sitting -Foumakoye Gado, Niger Energy Minister, Ibe Kachikwu, Nigeria's Minister of State for Petroleum with Nigerien and Nigerian Presidents, Issoufou Mohamadou and Muhammadu Buhari standing behind.

President Muhammadu Buhari and his Nigerien counterpart, Issoufou Mahamadou, Tuesday witnessed the signing of a Memorandum of Understanding of Niger-Nigeria Hydrocarbon Pipeline and Refinery Projects between Nigeria's Minister of State for Petroleum, Ibe Kachikwu and Republic of Niger's Minister of Energy, Foumakoye Gado, at the State House in Abuja.

Speaking at the event, Buhari said Nigeria and Niger have excellent relations for several decades, as neighbours sharing a long border with common cultural and historical ties. According to him, "Nigeria sees this cooperation on crude oil export from the Republic of Niger and construction of refinery facilities in Katsina State as a 'win – win' for both nations. "The initiative will not only provide a reliable market for the stranded crude from the Niger Republic but will also provide petroleum products for Nigeria, as it aggressively pursues its aspiration on petroleum product self-sufficiency. "In addition, it is my hope that the current frontier exploration efforts in the Northern part of the country (Chad Basin, Gongola Basin, Sokoto Basin, Bida Basin..." Read the full text of President Buhari's speech here: https://lnkd.in/gRid5Sw

President Muhammadu Buhari and his Nigerien counterpart, Issoufou Mahamadou, Tuesday witnessed the signing of a Memorandum of Understanding of Niger-Nigeria Hydrocarbon Pipeline and Refinery Projects between Nigeria's Minister of State for Petroleum, Ibe Kachikwu and Republic of Niger's Minister of Energy, Foumakoye Gado, at the State House in Abuja.