Angola Seeks Collaboration on Oil, Gas with Nigeria

Angola Seeks Collaboration on Oil, Gas with Nigeria

The government of Angola has called on the Nigerian business community to take advantage of investment opportunities that abound in their country, This Day Live reported.

Angola’s ambassador to Nigeria, Dr EJ Quibato, said close cooperation would make the two countries the second largest oil producers in the world.

The ambassador made the comments during a press conference to announce his country’s 40th National Day at the weekend.

He added that Angola is set to deepen bilateral trade with Nigeria to boost the current low rates of trade between the two African nations. He suggested that particular emphasis should be placed on exchanges in the oil industry, according to The Guardian.

To strengthen the relationship, the ambassador said measures have been taken to establish a Nigeria-Angola Chamber of Commerce.

Angola is expecting between $2b and $3b of Nigerian investment in the next five to six years.

 

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