President Muhammadu Buhari says Nigeria is open to investments and ready to provide leadership for Africa in oil and gas.

The President said this in Abuja on Monday while declaring open the first-ever Nigeria International Petroleum Summit.

He added that the summit, designed to be Africa’s largest and most important platform and linkage to the world, was fashioned after the annual Offshore Technology Conference where technological breakthroughs were unveiled.

The President said this was a key component of the national petroleum industry roadmap and the 2017 to 2020 Economic Recovery and Growth Plan of the present administration.

He said since the launch of the petroleum industry roadmap and ERGP, numerous successes had been recorded, especially in getting Nigeria out of recession and sustained increase in foreign reserves.