Encomium
Nigeria will collaborate with and support Hyundai Engineering Company Limited to set up a car plant, and also rehabilitate petroleum refineries, President Muhammadu Buhari has said.
Receiving the President/Chief Executive Officer of Hyundai Engineering, Mr Chang Hag Kim, at State House, Abuja, Tuesday, the President said Nigeria was committed to ensuring energy security in the country, “and the goal is to achieve self-sufficiency in the supply of petroleum products within the next three years.”
President Buhari welcomed proposal to set up Hyundai car plant in the country, pledging: “We will collaborate and support to make the investment a reality.”
Mr Hag Kim said Hyundai Engineering Company, which hires about 15,000 engineers and technical staff globally, was willing to contribute to the development of the Nigerian economy.
“We have been building refineries worldwide. We have the biggest in South Korea, with 650, 000 barrels per day capacity. We are also in Venezuela, Iraq, and many other places. We would be glad to contribute our quota in Nigeria,” he said.
President Muhammadu Buhari receives a birthday card from President/CEO Hyundai Engineering Ltd, Mr. Change Hag Kim, accompanied by the President, CEO Webb Energy Ltd, Mr A Otegbola during an audience with Hyundai Engineering Ltd at the State House. Abuja. PHOTO; SUNDAY AGHAEZE. DEC 17 2019 R-L President Muhammadu Buhari, President/CEO Hyundai Engineering Ltd, Mr. Change Hag Kim, Snr Fellow Oxford University, Prof K Paik, President, CEO Webb Energy Ltd, Mr A Otegbola, Vice President Hyundai Mr Sungyong Jung and others during an audience at the State House. Abuja. PHOTO; SUNDAY AGHAEZE. DEC 17 2019 R-L; SGF Mr Boss Mustapha, President Muhammadu Buhari, Snr Fellow Oxford University, Prof K Paik, President?CEO Webb Energy Ltd, Mr A Otegbola, Vice President Hyundai Mr Sungyong Jung during an audience at the State House. Abuja. PHOTO; SUNDAY AGHAEZE. DEC 17 2019 President Muhammadu Buhari (M) flanked by the SGF Mr Boss Mustapha, President/CEO Hyundai Engeering Ltd, Mr. Change Hag Kim, Snr Fellow Oxford University, Prof K Paik, President, CEO Webb Energy Ltd, Mr A Otegbola, Vice President Hyundai Mr Sungyong Jung and others during an audience at the State House. Abuja. PHOTO; SUNDAY AGHAEZE. DEC 17 2019 Minister State Industry Trade and Investment, Amb Mariam Katagum, the SGF Mr Boss Mustapha, President Muhammadu Buhari, President/CEO Hyundai Engineering Ltd, Mr. Change Hag Kim, President, CEO Webb Energy Ltd, Mr A Otegbola, Snr Fellow Oxford University, Prof K Paik, Vice President Hyundai Mr Sungyong Jung and others during an audience at the State House. Abuja. PHOTO; SUNDAY AGHAEZE. DEC 17 2019 President Muhammadu Buhari receives a presents from President/CEO Hyundai Engineering Ltd, Mr. Change Hag Kim, accompanied by the President, CEO Webb Energy Ltd, Mr A Otegbola during an audience with Hyundai Engineering Ltd at the State House. Abuja. PHOTO; SUNDAY AGHAEZE. DEC 17 2019
Femi Adesina
Special Adviser to the President
(Media and Publicity)
