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BREAKING: Tinubu Secures Petrobras’ Return, Signs Five MoUs With Brazil

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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. .

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