TheFocusNews
    Facebook Twitter Instagram
    Trending
    • JANDOR UNLEASHES TERROR ON INNOCENT LAGOSIANS.
    • Civil Society Organization Calls for Urgent Police Investigation of Viral Video of Criminality By Political Thugs
    • FUEL AND NEW NAIRA NOTES SCARCITY: FIFTH COLUMNISTS WORKING IN CAHOOTS WITH PDP
    • Osun State Elections Tribunal Nullifies Governor Ademola Adeleke Gubernatorial Victory Due To Over Voting
    • HOW AFRICA CAN FEED ITSELF, PRODUCE SURPLUS FOR EXPORT, BY PRESIDENT BUHARI
    • BUHARI RIDES IN LAGOS TRAIN, AS PRESIDENT INAUGURATES BLUE RAIL LINE, JRANDLE CENTRE
    • The Naja’atu Bala Muhammed We All Know As Director of Civil Society Directorate of APC PCC
    • LEKKI DEEP SEA PORT ROARS TO LIFE AS PRESIDENT BUHARI OBSERVES HISTORIC OFFLOADING FROM CONTAINER SHIP
    Facebook Instagram
    TheFocusNews
    • Home
    • Sports

      PRESIDENT BUHARI MOURNS SOCCER LEGEND, PELE, SAYS HE WILL NEVER BE FORGOTTEN

      December 29, 2022

      PRESIDENT BUHARI COMMENDS MOROCCAN SOCCER TEAM FOR MAKING AFRICA PROUD

      December 15, 2022

      As Argentina Takes on Saudi Arabia Today in 2022 Qatar World Cup, Lionel Messi says, Diego Will Always Be With Us

      November 22, 2022

      Henry Nwosu: Lagos SWAN applauds Gov. Sanwo-Olu

      November 18, 2022

      PRESIDENT BUHARI REWARDS COMMONWEALTH GAMES, WORLD ATHLETICS CHAMPIONSHIPS ATHLETES WITH NATIONAL HONOURS, N200 MILLION

      September 16, 2022
    • Politics
      1. Education
      2. View All

      Bamidele Omosehin Empowers Widows, Equips 22 Schools In Ondo

      January 7, 2023

      PRESIDENT BUHARI: AFRICA’S EDUCATIONAL SYSTEM MUST GRAVITATE TOWARDS STEM TO ACHIEVE INDUSTRIALISATION BY 2030

      November 28, 2022

      SANWO-OLU, DONS PRAISE PROF. OGUNDIPE, AS OUTGOING UNILAG VC LAUNCHES MEMOIR

      November 11, 2022

      SANWO-OLU MEETS 36 FINALISTS, AS JAKANDE LEADERSHIP ACADEMY TAKES OFF 

      November 10, 2022

      I HAVE SERVED NIGERIANS CREDITABLY, SAYS PRESIDENT BUHARI IN BAUCHI AS HE CAMPAIGNS FOR APC

      January 24, 2023

      LAGOS YAM TRADERS DRUM SUPPORT FOR TINUBU, SANWO-OLU

      January 24, 2023

      Tinubu meets with APC election planning, monitoring teams, charges them to protect party’s votes

      January 16, 2023

      Civil Society Organization Passes Vote of Confidence on INEC on PVC Collection

      January 16, 2023
    • Entertainment
    • Business
    • Education
    • Health
    • International News
    TheFocusNews
    You are at:Home»Governance»RUSSIAN-UKRAINE WAR: PRESIDENT BUHARI STRESSES NEED FOR INCREASED COOPERATION IN OIL AND GAS, OTHERS WITH PORTUGAL

    RUSSIAN-UKRAINE WAR: PRESIDENT BUHARI STRESSES NEED FOR INCREASED COOPERATION IN OIL AND GAS, OTHERS WITH PORTUGAL

    0
    By TheFocusNews on July 1, 2022 Governance

    RUSSIAN-UKRAINE WAR: PRESIDENT BUHARI STRESSES NEED FOR INCREASED COOPERATION IN OIL AND GAS, OTHERS WITH PORTUGAL

    President Muhammadu Buhari Thursday in Lisbon, Portugal, indicated that Nigeria is ready to fill the natural gas gaps in Europe predicated by the current Russian-Ukrainian war. 

    The President also said with over 200 million mainly young people, Nigeria is ready to be the hub of the African Continental Free Trade Area (AFCFTA). 

    In his statement on areas of cooperation between Nigeria and Portugal delivered at the Presidential Palace in Lisbon, President Buhari urged Portugal to consider Nigeria as a valued and trusted partner in Africa. 

    The Nigerian leader identified five key areas of cooperation and collaboration capable of moving both countries forward, saying: 

    ‘‘At a time the world is going through turbulent times, we feel that a strong friendship and partnership between Nigeria and Portugal can act as a force for good.’’ 

    He listed the areas of cooperation and collaboration as follows: oil and gas, tourism and hospitality industry, air travel, security and joint commission. 

    On oil and gas, President Buhari said with the current Russian-Ukraine war, increased cooperation in oil and gas between the two countries has become vital to avoid crisis in the demand and supply chain, even as Nigeria is already a major supplier of gas to Portugal. 

    On tourism and hospitality industry, President Buhari explained that Nigeria had huge potential in the sector and would like to benefit from the enormous expertise of his hosts in this area as shown in Portugal becoming a prime tourist destination. 

    On air travel, the President emphasized the need to sign a Bilateral Air Services Agreement (BASA) and quickly establish a direct air link between the two countries.

    He noted that cooperation between the two counties in this area is vital for increased trade and investment, tourism promotion, people-to-people contact as well as social and cultural engagement. 

    Affirming Nigeria’s renewed commitment towards the fight against terrorism in the Lake Chad and the Sahel Region, the President told his Portuguese counterpart that Nigeria would welcome the support of the Portuguese Government through intelligence and information sharing, weapons and training of security personnel of member states.

    President Buhari also stressed the need to establish a Joint Commission, saying: 

    ‘‘We believe that the establishment of a Joint Commission will help to promote the full realization of the objectives of our bilateral relations.

    ‘‘The Commission would facilitate the institutionalization of cooperation mechanisms and permit the elaboration and implementation of concrete, specific and viable projects and programmes for the benefit of our people.’’

    Furthermore, the President added that Nigeria and Portugal can cooperate closely on a range of agricultural and renewable energy projects. 

    ‘‘Nigeria recognizes Portugal’s comparative advantages in the fields of renewable energy and pharmaceuticals which are also priority areas for Nigeria.

     ‘‘Other areas of cooperation which are of importance include; the Establishment of an Atlantic Research Centre; Political Consultations; Diplomatic Training; Cultural Cooperation; Investment Promotion; Chambers of Commerce Cooperation; Women and Child Development; Youth and Sports Development and Digital Economy Cooperation. 

    ‘‘That is why we look forward to signing Memoranda of Understanding and Cooperation Agreements in those areas,’’ he said.

    Earlier at a ceremonial welcome at Praca do Imperio by the President of Portugal, President Buhari had laid a wreath at the tomb of Luis Vaz de Camoes, the national poet, at the Mosteiro dos Jeronimos. The Monastery of Jeronimos is one of the most decorative churches in Portugal. The body of the famous explorer, Vasco da Gama is interred in the lower chancel, just left of the entrance, opposite venerated 16th-century poet Luís Vaz de Camões, popularly perceived as Portugal’s Shakespeare. 

    From the upper choir, there’s a superb view of the church; the rows of seats are Portugal’s first Renaissance woodcarvings. The President’s State Visit officially started from here, received by President  Marcelo Rebelo de Sousa featuring an impressive military parade and a guided tour of the Monastery. 

    The Nigerian leader was also conferred with the Portuguese National Honour and decorated ‘Great Collar of the Order of Prince Henry.’  

    Garba Shehu

    Senior Special Assistant to the President 

    (Media & Publicity) 

    June 30, 2022

    Share on TwitterTweet
    Previous ArticlePRESIDENT BUHARI: NIGERIA-PORTUGAL RELATIONS SET FOR NEW LEVELS, AS COUNTRIES READY TEN AGREEMENTS, MOUs FOR SIGNING 
    Next Article LASG PROMISES TO DELIVER THE OPEBI-OJOTA LINK BRIDGE PROJECT IN JUNE 2023
    TheFocusNews
    • Website

    Related Posts

    HOW AFRICA CAN FEED ITSELF, PRODUCE SURPLUS FOR EXPORT, BY PRESIDENT BUHARI

    BUHARI RIDES IN LAGOS TRAIN, AS PRESIDENT INAUGURATES BLUE RAIL LINE, JRANDLE CENTRE

    BUHARI TO SANWO-OLU, “YOU ARE DOING WELL” 

    Leave A Reply Cancel Reply

    • Popular
    • Recent
    • Top Reviews
    December 16, 2020

    Serenity at the Beaches of West Coast

    May 19, 2022

    John Cena talks potential return to WWE for his 20th anniversary 

    December 16, 2020

    Four planes to start airlifting Nigerians out of Ukraine

    January 28, 2023

    JANDOR UNLEASHES TERROR ON INNOCENT LAGOSIANS.

    January 28, 2023

    Civil Society Organization Calls for Urgent Police Investigation of Viral Video of Criminality By Political Thugs

    January 27, 2023

    FUEL AND NEW NAIRA NOTES SCARCITY: FIFTH COLUMNISTS WORKING IN CAHOOTS WITH PDP

    9.3
    December 19, 2020

    I see my children as prized possession

    8.9
    December 19, 2020

    Nigeria Needs Peace, Unity –Ex-Head Of State, Gowon

    7.5
    December 18, 2020

    If education is right, Nigeria’ll be alright – Oloyede

    Latest Galleries
    Latest Reviews
    9.3
    December 19, 2020

    I see my children as prized possession

    8.9
    December 19, 2020

    Nigeria Needs Peace, Unity –Ex-Head Of State, Gowon

    7.1
    December 19, 2020

    JAMB, Laments Poor Turnout For UTME Registration, Says No Extension

    Copyright © 2023 TheFocusNews. Powered by TheFocusNes.

    Type above and press Enter to search. Press Esc to cancel.

    WhatsApp us