Senegal seeks Nigeria’s support for oil, gas sector - Punch Newspapers

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The Senegalese government seeks Nigeria’s support to develop their nation’s oil and gas sector, the news Agency of Nigeria reports.

The Minister of State for Petroleum Resources, Chief Timpre Sylva, receiving the Senegalese Energy Minister, Aissitou Gladima and her delegation in Abuja said that Africa needed to come together and work to support development of the region and reduce over-dependence on foreigners for growth. “I want to use this opportunity to welcome you. As I said, it is important for us as a region to come together because as they say, you have to say yes before someone from outside says yes to you. We, as Africans, must come together to work together in order to chart a way forward. We cannot continue to depend on Europe and the outside world,” he said.

He said that oil production activities started in Nigeria in 1937 but commercial discovery was made in 1950s, adding that first commercial discovery was made in 1956 and first cargo of crude left Nigeria in 1958. On local content, he said that Nigeria had grown its local content from three per cent in the past 10 years to about 43 per cent and the growth target is 70 per cent by 2027.

 

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To sell to who eventually? Are you Africans in this world at all? Everyone is moving away from fossil fuel. Time you start harnessing the potentials in the sun, something you have in abundance.

I hope they don't regret it!

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