Nigeria Seeks UAE Investment to Modernize Aging Oil Pipelines

 



Nigeria wants help updating its old oil pipelines. Most were built over 50 years ago and need repairs. The country asked the United Arab Emirates for investment money to fix the pipelines. 


Nigeria has a lot of oil and gas underground. It wants to use the resources to help its economy. But the old pipelines make transporting the oil difficult. With updated pipelines, more oil could be moved and Nigeria could make more money.  


Both countries think working together could help both of their economies. The UAE likes Nigeria's oil and gas resources. Nigeria wants the UAE's money to fix its pipelines. They hope partnering will allow Nigeria to use its resources better while also benefiting the UAE. It's a way for the two countries to help each other.

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