UPDATED: Fresh $18bn Investments Coming Into Nigeria’s Oil & Gas Sector, Says Wunti

The Chief Upstream Investment Officer of the NNPC Upstream Investment Management Services (NUIMS), Mr Bala Wunti on Wednesday said that a whopping sum of $18bn would be invested between now and next year in the Nigeria’s oil and gas sector.

Wunti said this while speaking during a panel session at the 22nd edition of the NOG Energy week holding in Abuja.

The panel session had as its theme, “The investors perspective: Assessing the attractiveness of Nigeria’s energy sector.”

Wunti attended the session with the Chief Executive Officer of Seplat Roger Brown; the Managing Director of Shell Nigeria Exploration and Production Company Ltd, Elohor Aiboni; Chief Executive Officer of Oilserve Limited Emeka Okwuosa and the Founding Partner Argentil Capital Partners Olumide Ofunfowora.