The Nigerian National Petroleum Corporation is currently in London negotiating deals that will attract Foreign
Direct Investments valued at about $7bn into Nigeria’s oil and gas sector.
The corporation’s Group Managing Director, Dr Maikanti Baru, disclosed this at the Abuja headquarters of the oil firm while playing host to the executives of the Nigerian Union of Journalists.
According to him, NNPC attracted $3.6bn and $3bn in 2017 and 2018.
The nation’s crude oil and condensate production had risen to 2.32 million barrels per day.