Wednesday, July 2, 2014

Waltersmith Petroman Oil outlines its Nigeria-centric strategy


 
Abdulrazaq Isa, founder and chief executive of Waltersmith Petroman Oil, says the Nigerian oil and gas producer's strategy is focused on delivering oil solely to the 170 million people of Nigeria.

By not exporting production Isa says this strategy is aligned with government policy aimed at adding value to the overall growth and expansion of the country's middle class.

The company forecasts that with a combination of its own and foreign capital one billion dollars of oil revenue will be generated over the next five years.

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