The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has reaffirmed Nigeria’s readiness to strengthen its strategic partnership with Indonesia, particularly through increased investment and cooperation in the petroleum and energy sectors.
The minister stated this while receiving a delegation from the Government of Indonesia, led by the Indonesian Ambassador to Nigeria, His Excellency Bambang Suharto.
He noted that Nigeria’s oil sector remains a competitive destination for investment, offering opportunities for value creation and sustainable long-term returns, irrespective of shifts in global energy dynamics.
According to Lokpobiri, the administration of President Bola Ahmed Tinubu is committed to harnessing Nigeria’s natural resources in a manner that delivers value to Nigerians while creating an enabling environment for investors through policy clarity, regulatory predictability, and improved investment confidence.
“Our objective is to harness Nigeria’s natural resources in the best interest of Nigerians and investors. We are positioning the petroleum sector to attract the capital, technology, and partnerships required to unlock its full potential,” he said.