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    Home » Stakeholders hold workshop on repositioning Nigeria’s gas sector

    Stakeholders hold workshop on repositioning Nigeria’s gas sector

    February 26, 2024
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    Oritsegbubemi Omatseyin

    Lagos –– The Ministry of Petroleum Resources, under the guidance of the Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, convened an internal stakeholders’ workshop at the Petroleum Technology Development Fund Towers in Abuja.

    The workshop, themed “Harnessing Nigeria’s Proven Gas Reserves for Economic Growth and Development,” signified a pivotal step towards leveraging Nigeria’s abundant gas resources for national prosperity.

    It was attended by chief executives officers of agencies under the Ministry of Petroleum Resources and served as a platform for dialogue, collaboration, and strategic planning. With the participation of key stakeholders, the event created a conducive environment for brainstorming and preferring innovative solutions, and forging partnerships to unlock the full potential of Nigeria’s gas reserves.

    Engr. Gbenga Komolafe, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, at the occasion, presented a regulatory roadmap focused on maximising Nigeria’s gas reserves for economic growth and development. His presentation shed light on crucial regulatory measures aimed at facilitating investment, promoting transparency, and ensuring sustainable utilisation of Nigeria’s gas wealth

    Minister Ekpo, in his address, emphasised the strategic importance of Nigeria’s gas reserves as a catalyst for economic transformation. He highlighted the need for coordinated efforts and visionary leadership to harness these resources effectively for the benefit of the nation. The workshop’s theme reflected a collective commitment to prioritise the development of the gas sector as a cornerstone of Nigeria’s economic diversification agenda.

    The presence of chief executives officers from various agencies under the Ministry of Petroleum Resources re-emphasised the government’s commitment to inter-agency collaboration and synergy in driving initiatives aimed at maximising the value of Nigeria’s natural resources. Their active participation signifies a shared vision and determination to overcome challenges and capitalise on opportunities in the gas sector.

    As discussions were ongoing and insights shared, the workshop aimed to formulate actionable strategies and policy frameworks that will attract investments, stimulate innovation, and foster inclusive growth in Nigeria’s gas industry.

    By harnessing Nigeria’s proven gas reserves effectively, the nation can accelerate its economic development trajectory, create job opportunities, and enhance energy security for sustainable prosperity.

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