Nigeria, Iran to establish binational commission

Nigeria and Iran have agreed to set up a binational commission that will promote trade, investment, agriculture and technology transfer, following a meeting between President Muhammadu Buhari and Iranian Vice President for Economic Affairs, Mohammad Nahavandian, on Friday in Malabo, Equatorial Guinea.

Speaking at the bilateral meeting held on the sidelines of the 5th Summit of Gas Exporting Countries Forum, President Buhari said he was impressed with the speed in transformation of Iranian oil and gas industry from what it used to be when he served as Nigeria’s petroleum minister in the 1970s.

 “I will work very hard towards the joint commission. We will go back and identify sectors of common interest. In particular, we are interested in how you utilized your gas, with 95 per…

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