Envoy Assures Nigeria-Philippines Collaboration On Oil, Natural Gas

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Amassador Folakemi Ibidunni Akileye

As prices of fuel rise in the global oil market, theFederal Government of Nigeria will play an important role in helping Philippines with oil and natural gas sources.

The Nigerian Ambassador to the Philippines, Folakemi Ibidunni Akileye, made this s disclosure on Friday as she added several issues revolving round key sectors like agriculture, technology among others discussed during her courtesy call on President-elect Ferdinand “Bongbong” Marcos Jr.

The Nigerian envoy said Nigeria was the 12th largest oil producer in the world, reports revealed.

Said Akileye when asked if Nigeria could guarantee a commitment to help stabilise oil prices amid the Russia-Ukraine conflict: “Yes, we can.

“I actually mentioned it to the president-elect as well. Nigeria is the number 12 oil producer in the world so we can help”.

She also revealed that the country was the third largest source of natural gas in the world, which could be used as an energy source.

Added she: “I know we are keen on green energy. So, we talked about natural gas as well. Nigeria is ready to collaborate and work with the Philippines.

“We have to look at the modalities. What’s the most important thing is that the opportunity is there, and from there, we can work it out in such a way that will be convenient and comfortable for the two nations”.

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