Nigeria ready To Fill Europe’s Natural Gas Shortage – Buhari

nigeria ready to fill europe's natural gas shortage – buhari
nigeria ready to fill europe’s natural gas shortage – buhari

President Muhammadu Buhari stated that Nigeria is prepared to cover the natural gas voids in Europe caused by the ongoing conflict between Russia and Ukraine.

In his address on areas of collaboration between Nigeria and Portugal, which he made at the Presidential Palace in Lisbon on Thursday, the President discussed the country’s preparedness.

In a statement released by his spokesman, Garba Shehu, President Buhari stated that Nigeria is prepared to be the hub of the African Continental Free Trade Area with its population of over 200 million people, the majority of whom are young (AFCFTA).

During a time of turmoil in the world, he urged Portugal to view Nigeria as a valuable and reliable partner in Africa.

President Buhari listed five critical areas of cooperation and partnership that might propel both countries forward: oil and gas, tourism and hospitality, air travel, security, and a joint commission.

Regarding oil and gas, President Buhari stated that, in light of the ongoing conflict between Russia and Ukraine, increased cooperation in oil and gas between the two countries has become essential to avert a crisis in the demand and supply chain, despite the fact that Nigeria is already a significant supplier of gas to Portugal.

Concerning air travel, the President highlighted the need to promptly conclude a Bilateral Air Services Agreement (BASA) and establish a direct air link between the two nations.

President Buhari, while reiterating Nigeria’s commitment to the battle against terrorism in the Lake Chad and Sahel Regions, assured his Portuguese counterpart that Nigeria would welcome the assistance of the Portuguese government.

Portuguese Government through the sharing of intelligence and information, weapons, and training of security personnel of member states.

In addition, he emphasised the necessity of establishing a Joint Commission to support the full implementation of the goals of bilateral relations.

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