Oil Sector: We Have a Model for Other Nations to Learn, Says Lokpobiri
Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, has stated that with the positive results occasioned by the continued drive for more participation of indigenous players in the oil sector has proven immense productivity.
He made the assertion at the weekend during the 30th anniversary of the Petroleum Technology Association of Nigeria (PETAN), a statutory member of the NCDMB Governing Board.
A statement issued by the SA media and communication to the Minister, Nneamaka Okafor, quoted Lokpobirias saying “Our drive for indigenous players in the oil sector has proven immensely productive, drawing the attention of other nations eager to learn from our model”
This system has been a cornerstone of our sector’s success, showcasing the strength of local expertise in driving growth and innovation.
It was on this note that I congratulated the Petroleum Technology Association of Nigeria (PETAN), a statutory member of the NCDMB Governing Board, as I joined them to celebrate their 30th anniversary.
I charged PETAN to view this milestone not as a destination but as the beginning of a greater journey, urging them to aim beyond national boundaries, leveraging their experience and competence to expand their impact globally.
While the world may be shifting towards energy transition, fossil fuels remain indispensable, as such, attracting investments to maximize our resources and generate prosperity is paramount. Therefore, I called on PETAN to sustain its partnership with the Federal Government to achieve this shared goal.
