Obasanjo speaks on importance of AfCFTA, opportunities in Nigeria’s oil & gas industry
By CNBC
12 November 2018 |
10:38 am
On the side-lines of the African Oil Week in Cape Town, Former Nigerian President, Olusegun Obasanjo spoke to CNBC Africa’s Jill De Villiers on the importance of the African Continental Free Trade Area and the opportunities available to the domestic investors in the development of Nigeria’s oil and gas industry.
In this article
Related
8 Aug 2021
The attack on the Mercer Street vessel off the coast of Oman is the latest escalation in an already fraught relationship between the two countries.
7 Aug 2021
Iran and the UK have clashed over a suspected drone attack on an oil tanker that killed two people. The US secretary of state has promised a coordinated response.
9 Aug 2021
The attack on the Mercer Street vessel last week left two people dead. The ship is tied to a prominent Israeli billionaire, with Tel Aviv vowing retaliation.
4 Sep 2021
Italian oil company Eni announced a huge offshore find of oil and gas resources in Ivory Coast. The discovery comes after a $185 million (€156 million) investment in energy exploration by two foreign firms.
19 Sep 2021
Norway's two-day election began Sunday, with many voters concerned about how the oil-rich nation can give up its addiction to fossil fuels. For some, being the world's fastest adopter of electric vehicles isn't enough.
18 Sep 2021
Norway's two-day election began Sunday, with many voters concerned about how the oil-rich nation can give up its addiction to fossil fuels. For some, being the world's fastest adopter of electric vehicles isn't enough.
4 Oct 2021
In Nigeria, the government has launched a drive to revive the country's once thriving palm oil business, part of a bid to diversify away from petroleum and help create jobs. But small-scale producers say that loans from the Central Bank of Nigeria are only going into the pockets of bigger factory owners.
6 Oct 2021
An oil spill in Southern California closed beaches and led authorities to cancel the last day of the Pacific Air Show. At least 126,000 gallons (98,420 liters) of oil spilled off the coast of Orange County.
7 Oct 2021
The massive oil spill from 480,000 liters leaking off the Orange County coast is slowly moving south, threatening marine-protected areas as well as popular beaches. On the coastline of South California, most beaches are closed, with efforts to clean areas impacted by the oil ongoing.
16 Oct 2021
Nigeria's dependence on crude oil makes its economy vulnerable. But the transition to an economy not based on oil won't be easy.
24 Oct 2021
Saudi Arabia is creating the "world's first tourism destination on offshore platforms" as part of a drive to diversify the economy away from oil. The Rig will be an oil-themed “extreme park” that will be sitting atop a converted oil rig in the Arabian Gulf.
28 Oct 2021
Africa's abundant sunshine is ideal for renewable energy production. But the continent relies heavily on crude oil. Experts warn that the economy will continue to suffer if governments don't wean themselves off of oil.
Latest
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Saturday.
1 day ago
Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan discussed unblocking the border at the meeting with the EU's Charles Michel in Brussels.
1 day ago
Datamellon partners with Amazon world service on the Internet of things (iot) revolution and serverless event-driven architectures.
1 day ago
Cypriot President Nikos Anastasiadis granted an interview to FRANCE 24 from the capital Nicosia. The northern third of the Republic of Cyprus has been under Turkish domination since 1974. Anastasiadis said that Russia's invasion of Ukraine uses the "exact same arguments that Turkey used to invade Cyprus". Asked about tensions with Turkey over hydrocarbons, he expressed hope that Ankara will not "will not attempt to do anything that will cause conflagration and risk peace in the region".
1 day ago
A picture on social media is being shared as alleged proof that Russian President Vladimir Putin has stepped up his security and wears a bulletproof vest. Also, some users, including politicians, are claiming that Russian soldiers burned Ukrainian history books. We tell you more in this edition of Truth or Fake.