President Muhammadu Buhari has reassured International investors that their investments in Nigeria is safe.
He gave the assurance at the ongoing Nigeria International Petroleum summit NIPS, with the theme ” Widening the integration circle: Technology, knowledge and sustainability partnership in Abuja.
Represented by Secretary to the Government of the Federation Mr Boss Mustapha, the President said Nigeria as an oil producing Nation remained ready and accessible for legitimate investment from all interested countries, individuals and partners.
President Buhari noted that increasing refineries production capacity, improving stakeholders management, International relations and passage of the petroleum Industry Bill were steps to secure investment environment.
Other steps are to increase gas to power and improve Niger Delta security, enforce transparency and efficiency in the sector among others.
In his remarks, Minister of State for Petroleum Resources, Timipre Sylva said the summit was one of those initiatives approved three years ago and had garnered global acceptability.
He commended delegates and participants, adding that NIPS remained a Pan African Summit that must be sustained.