The report showed that a total of 13 projects across four states were announced by investors from four countries.
Similarly, CMES-OMS Petroleum Development Company is also in a joint venture project with NNPC to the tune of $875.75m for the funding, provision of technical services and alternative financing for the development of OML 65; while Datasonic Group Berhard, a Malaysian Group is planning to invest in the information and communication infrastructure with $100m.
It said this shows the growing capacity of Nigerian companies in the oil and gas sector of the economy.
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Where's the economy after all that money?