Nigeria has earned over $1 billion from the sale of natural gas to Portugal in 2022 alone.
The Group Managing Director, Nigerian National Petroleum Company (NNPC) Ltd, Mele Kyari said this when President Muhammadu Buhari led a high-level Nigerian business delegation to the Nigeria-Portugal Business & Trade Forum on the sidelines of the 2nd UN Ocean Conference in Portugal.
Kyari also said that Nigeria will in the next five years begin the massive exports of Liquefied Natural Gas to Portugal and other European countries.
President Buhari and the President of Portugal, Marcelo Sousa led other top officials of both countries on a visit to the NNPC exhibition centre.
The visit was made at the sidelines of the Nigeria-Portugal Business Forum which is being organized as part of measures to unlock fresh investments in critical sectors of the Nigerian economy.
Some of the sectors being targeted by the government are oil and gas, agro-business, information and communication technology, manufacturing and processing, renewable, pharmaceuticals, and construction.
