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Nigeria to ‘help develop’ Kenyan oil sector



Nigeria’s High Commissioner to Kenya, Mr. Akin Oyateru, said in Nairobi on Thursday that Nigeria would assist Kenya in the management of its oil industry.

Oyateru made the plan known in a chat with the News Agency of Nigeria (NAN) ahead of the three-day official visit of President Goodluck Jonathan to the East African country.


He said with Nigeria’s comparative advantage over Kenya in the oil sector, the Federal Government would be willing to assist that country in many ways.

Oyateru said the visit of Jonathan, which would focus on the expansion of co-operation between both countries would be used to achieve the purpose.

“Kenya just discovered oil, so we have a lot of comparative advantages there, which we can actually impart in them.

“We will assist in exchanging ideas, collaborate and cooperate in the area of training and capacity building,

“We could also help them in the area of redrafting their legislation to have a proper legislation in that sector,’’ he said.

NAN reports that it was recently announced that Kenya oil resources met the threshold for commercial exploitation raising hope of that country joining the league of oil producing nations.

Specifically, Africa Oil, a Canadian oil and gas company together with British explorer, Tullow Oil Plc had put Kenyan oil reserves at the estimate of 368 million barrels, a level capable of commercial exploitation.

Oyateru said that Nigeria would also tap from the broad knowledge of Kenya in the areas of horticulture, floriculture, dairy production, hospitality and tourism.

“In the area of hospitality and tourism, we can learn a lot from Kenya. As you know, Kenya is one of the preferred destinations for tourists,’’ he said.
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2 comments

  1. Nawa for nigeria,naija needs help to develop their oil.not to help others.GEJ and his fool appointee should stop cracking our jaws with jokes.solve ur problems first before u solve other pples problem.kenya should becareful so that they dont get infected with oil corruption from nigeria

    ReplyDelete
  2. To help develop their oil sector with bunkering and militants!

    ReplyDelete

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