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NEWS and REPORTS => Nigerian News => Topic started by: Shola Sholaz on Sep 05, 2013, 04:44 PM

Title: Nigeria To Assist Kenya To Develop Oil Sector – Envoy
Post by: Shola Sholaz on Sep 05, 2013, 04:44 PM
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.
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Oyateru made the plan known in an interview with the News Agency of Nigeria (NAN) ahead of the three-day official visit of President Goodluck Jonathan to Kenya.
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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.
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Oyateru said that the visit of Jonathan, which would focus on the expansion of co-operation between both countries would be used to achieve the purpose.
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"Kenya just discovered oil, so we have a lot of comparative advantages there, which we can actually impart in them.
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"We will assist in exchanging ideas, collaborate and cooperate in the area of training and capacity building,
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"We could also help them in the area of redrafting their legislation to have a proper legislation in that sector,'' he said.
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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.