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Renaissance: With Recent Changes, Nigeria Better Positioned to Attract Oil, Gas Funding

Business1 min read
Renaissance: With Recent Changes, Nigeria Better Positioned to Attract Oil, Gas Funding

Tony Attah, CEO of Renaissance Africa Energy Company Limited, believes that recent changes in Nigeria's oil and gas industry have positioned the country well to attract funding. Attah highlighted the positive impact of key government policies, such as the Nigerian Oil and Gas Industry Content Development Act and the Petroleum Industry Act, as well as the transformation of the Nigerian National Petroleum Company Limited.

He emphasized the importance of having a competent and independent board of directors to attract financing and ensure the industry's growth. Attah urged stakeholders to emulate Renaissance's vision and courage in navigating the evolving industry landscape.

The company recently completed the purchase of shares in Shell Petroleum Development Company.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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