Thursday, November 27, 2025

The Truth Banishes Fear!

Menu
  • October 18, 2016

India To Invest $15bn In Nigeria’s Oil And Gas

Hamilton Nwosa
Writer

Ad

Renowned Islamic Scholar Sheikh Dahiru Usman Bauchi Dies at 98

By Obinna Uballa The Islamic scholarly community and Nigeria at large have been thrown into mourning following the death of Sheikh Dahiru Usman Bauchi, a leading figure in the Tijaniyya Sufi movement in Nigeria. He passed away on Wednesday, November 26, 2025, at the age of 98. News of his passing began circulating early Thursday…

November 27, 2025 • News

Insecurity: Southern govs, traditional rulers unite, demand state police, regional structure

By Obinna Uballa Southern governors and leading traditional rulers have closed ranks to demand the immediate creation of state police and a more decentralised security framework, warning that Nigeria’s worsening insecurity can no longer be addressed under the existing centralised system. The joint position emerged on Wednesday after a series of high-level consultations among governors…

November 27, 2025 • News

ECOWAS, AU blast Guinea-Bissau coup, demand immediate restoration of constitutional order

By Obinna Uballa Regional and continental election observers have sharply condemned the military takeover in Guinea-Bissau and the suspension of the country’s electoral process, describing it as a direct assault on democracy. In a joint statement on Wednesday, the African Union Election Observation Mission, the ECOWAS Election Observation Mission, and the West African Elders Forum…

November 27, 2025 • News

Ad

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has negotiated a 15 billion dollar investment in Nigeria’s oil and gas sector with the Indian government. 

The negotiations formed part of the three-day investment drive of Mr Kachikwu to India where he concluded talks on investments in Nigeria’s oil and gas sector in a bilateral meeting with his Indian counterpart in charge of petroleum and natural gas.

Both countries have agreed to work on a memorandum of understanding to facilitate investments by India in the Nigerian oil and gas sector and specifically in areas such as term contract, participation of Indian companies in the refining sector, oil and gas marketing and upstream ventures.

The MoU is expected to be firmed up in December 2016 during the 12th International Oil and Gas Conference and Exhibition, PETROTECH-2016, at New Delhi.

Ad

X whatsapp