President Bola Tinubu has announced that the imminent return of Brazilian oil giant Petrobras to Nigeria’s oil sector will reignite economic cooperation between both nations.
Petrobras, Brazil’s state-owned energy company, had suspended its joint operations in Nigeria five years ago during the administration of former President Muhammadu Buhari.
Speaking at a joint press conference with Brazilian President Luiz Inácio Lula da Silva during his State Visit to Brazil, Tinubu reaffirmed Nigeria’s readiness to welcome Petrobras back as a strategic partner.
“We have the largest gas repository. So I don’t see why Petrobras doesn’t join as a partner in Nigeria as soon as possible. I appreciate President Lula’s promise that this will be done as soon as possible,” Tinubu. . Continue..Reading. .