Nigeria has emerged winner of the bid to host the headquarters of the African Energy Bank (AEB).
This development is expected to reshape Nigeria’s oil and gas ecosystem and position the country as a key player in Africa’s energy landscape.The Minister of State for Petroleum Resources, Oil, Heineken Lokpobiri, announced this in Abuja on Thursday, while briefing Journalists after a meeting of the Council of Ministers of African Petroleum Producers’ Organization and AfreximBank, the joint promoters of the bank.
The hosting of the $5 billion Africa Energy Bank in Nigeria is expected to bring numerous benefits, including boosting Nigeria’s Gross Domestic Product (GDP), enhancing employment opportunities, and strengthening financial architec
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