President Buhari has said that if Nigeria had followed her own programme for exploiting its gas reserves, the country would have been earning more money from the product than from petroleum now.
He made this known on Tuesday, November 19th while hosting the Special Envoy of President of Equatorial Guinea, Teodoro Obiang Nguema Mbasogo, at State House, Abuja.
President Buhari declared: “we share a lot of things in common with Equatorial Guinea. These include geographical neighbourliness and neighbourliness in terms of resources. Nigeria is more of a gas producing, rather than oil producing country. That fact had long been established. If we had followed our own plans, laid out in the 1970s, for the gas sector, we should have had 12 trains by early 1980s, instead of being on just six trains now.”