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Nigeria Urges Turkey to Invest in Its Onshore Oil Assets

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By Derrick Bangura

The Nigerian government on Wednesday urged Turkish authorities to consider funding major oil and gas projects in the West African country, in light of the planned exit of major international oil companies (IOCs).

Timipre Sylva, Minister of State for Petroleum Resources, said during a bilateral meeting with the Turkish Deputy Minister of Energy and Natural Resources, Alpersen Bayraktar, on the sidelines of the ongoing CERAWeek in Houston, Texas, that Nigeria was open to foreign investment.

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A number of foreign oil companies operating in the country, including Shell, Nigeria’s largest partner in the industry, and ExxonMobil, plan to sell off many of their assets in the country.
Sylva stated that with the planned divestments, especially from the onshore segment of the oil and gas sector, it would be worth the investment for the country.

“Now that IOCs like Shell, ExxonMobil and others are planning to divest from onshore assets. More investments in that sector would be a great opportunity for Turkey to expand its investments interest in Nigeria,” the minister said.

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A statement by the Senior Adviser, Media & Communications, Horatius Egua, quoted the minister as saying that, “We are looking at the possibility of Turkey taking interests in more investments in Nigeria.”

He said the cooperation between Nigeria and Turkey remained very significant, stressing that the relationship could be extended to the energy sector and other areas of trade.

The minister added that with the new Petroleum Industry Act (PIA), Nigeria has further streamlined its laws in the oil and gas investment environment and thus making investments in the more attractive to potential investors.

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He called on the deputy minister to encourage Turkish investors to come to Nigeria to participate in the new opportunities offered by the exit of the IOCs to consolidate the bilateral relations between both countries.

Sylva assured Bayraktar of good returns on investments in Nigeria, stressing that despite plans by the IOCs to divest from onshore assets, the companies were ramping up investments in offshore assets in the country.

He noted that this was a sign that the Nigeria investment environment is still the desired investment destination in Africa.

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The minister added that he expected investors from the country to also take up investments in greenfield assets, noting that the country was prepared to engage in discussions on a government-to-government basis to achieve the desired results.

On his part, Bayraktar solicited the support of Sylva to get Turkey to be part of the Nigerian upstream oil and gas sector, adding that the country was prepared to shore up investments in the area of natural gas, given the right environment.

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Tinubu arrives Katsina to receive Buhari’s body for burial

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President Bola Tinubu, on Tuesday arrived in Katsina to receive the remains of the former President Muhammadu Buhari, who passed away in London on Sunday at the age of 82.

The News Agency of Nigeria (NAN) recalls that Vice-President Kashim Shettima departed London in the early hours of Tuesday with the remains of Buhari back to Nigeria.
On arrival at the Umaru Musa Yar’adua Airport Katsina, Tinubu was received by Gov. Dikko Radda,  former Vice-President Yemi Osinbajo, governors, Chairman of Dangote Group, Alhaji Aliko Dangote, Deputy Senate President, Jibrin Barau, and Speaker of the House of Representatives,  Tajudeen Abbas.
Others are Ministers, former governors, former and serving Senators, Alhaji Dahiru Managl,  former Minister of Information and Culture, Lai Mohammed, members of the All Progressives Congress (APC) National Working Committee (NEC), amongst others.
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“He Never Turned His Back on the Needy” — Tributes Pour In Ahead of Buhari’s Burial

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Just hours before the burial of former President Muhammadu Buhari, heartfelt tributes have continued to pour in from beneficiaries of his many charitable deeds, with many describing him as a man who never turned his back on the needy.

Speaking to the News Agency of Nigeria (NAN) on Tuesday, Aminu Daura, a respected community elder, recalled how Buhari consistently provided foodstuffs during Ramadan for families, friends, widows, and orphans in his hometown.

“He never made noise about it, but many homes had food on their tables during fasting period because of him,” Daura said.

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Abdullahi Sani, a physically-challenged man who received a tricycle from the Buhari Foundation in 2021, was overcome with emotion while speaking to NAN.

“I can move around and feed my family today because of Baba Buhari. I pray to Allah to reward him for giving hope to people like me,” he said, in tears.

Hajiya Fatima Yahaya, another resident, remembered Buhari’s acts of kindness during festive seasons.

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“Even after he left office, his aides ensured that the usual support still reached us every year. He always remember his people,” she said, referring to his distribution of Sallah rams and food items to indigent families during Eid celebrations.

Other residents of Daura also shared memories of how the late former president quietly paid school fees and medical bills for struggling families, actions rarely publicized.

“Some of us benefited from his silent interventions. He was a true father and a great figure in the society,” said Ali Saidu.

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On Monday night, Imams across various mosques in Daura held special Qur’anic recitations, praying for the forgiveness of Buhari’s sins and his eternal peace.

The Chief Imam of Daura Central Mosque, Sheikh Musa Kofar Barau, described Buhari as a humble leader whose legacy of service and compassion would remain alive in the hearts of the people.

Buhari is scheduled to be buried later on Tuesday in his hometown of Daura, Katsina State, in line with Islamic rites. The community is bracing to welcome thousands of mourners from across Nigeria and beyond.

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King Mohammed VI Mourns Buhari, Praises Legacy of Nigeria’s Former Leader

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His Majesty King Mohammed VI of Morocco has extended heartfelt condolences to President Bola Tinubu, the family of the late former President Muhammadu Buhari, and the entire Nigerian people following Buhari’s death.

In a message of sympathy, the Moroccan monarch described the passing of the former Nigerian leader as a “sad occurrence,” expressing deep sorrow over the loss.

King Mohammed VI hailed Buhari as “an illustrious leader who worked untiringly to serve his country’s best interests and lead his people toward further progress and prosperity.”

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He added: “Our thoughts and prayers are with you and the bereaved. I share your grief and want you to know how much I appreciated the working sessions I had with the deceased.”

Reflecting on their bilateral engagements, the king noted that his collaboration with Buhari led to the launch of promising development projects, “ushering a new era grounded in friendship and close cooperation between our two sister nations.”

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