Nigeria losing 2,000 oil trucks daily –SPE boss

When Nigeria was in recession, it wasn’t oil and gas that actually brought the country out of recession. It was other sectors like agriculture, telecoms, and others. Oil and gas is dominating the forex that comes in. But because there is pipeline vandalism, we don’t get enough production to export and we have dollar scarcity. We are playing our role properly but other sectors are coming up as well. Telecoms is doing well as well.

With the gale of divestment by the international oil companies, what will the exploration landscape look like in Nigeria? The landscape could simply be said to be promising because indigenous players, who already have developed capacity, will be taking over assets from multinational operators. I expect to see more job openings across the different levels of professions needed in the oil and gas industry. There would also be continued reskilling and upskilling of industry professionals to match the evolving exploration landscape.

How do you see the role of independent petroleum producers developing in this rapidly changing energy landscape? Like I said, most of the IPPs have developed capacities and I can make bold to say that many of the heads of the IPPs are either SPE members or have benefited in one way or the other from SPE human capacity development, and so, they would fill in the technical and leadership gaps created. Also, much will be expected from the IPPs to keep the industry thriving as they are taking over from IOCs in the near future.

You dey tell us make we do wetin? No be person dey incharge?

Only God can help us

What's this ooo Full expose needed

I don’t understand

loosing to who? Loosing to thives among you. there's no way a full loaded truck will vanish into thin air. Ghosts doesn't have trucks.

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

IPMAN threatens to shut down operations in south-east over 'police harassment' | TheCableThe Independent Petroleum Marketers Association of Nigeria (IPMAN), south-east zone, has threatened to shut down all petrol depots over alleged police harassment. According to NAN, Robert Obi, chairman, Cross River
Source: thecableng - 🏆 2. / 80 Read more »

NNPC launches app to check crude oil theftThe Group Chief Executive Officer of the NNPC Limited, Mele Kyari, had in April disclosed that Nigeria lost $4 billion to oil theft at the... Katsina govt needs to take a queue from this app dat checks theft Dis one wey money de miss for government House like say na student lodge When 'll they launch an app to secure human beings? Next up: App to prevent people theft.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Tottenham boss Conte relishing heated Chelsea challenge | The Guardian Nigeria News - Nigeria and World NewsTottenham Hotspur manager Antonio Conte has said Sunday's match away to London rivals Chelsea will be an acid test of his side's progress.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Nigeria crude oil production may drop as Maritime workers down toolsThere are strong indications that Nigeria may not be able to meet its crude oil quota for the month of August as members of the.... Maritime Workers Down Tools, when there's Gov't that gained much from their service. When we have Gov't that function in all ramifications, all angles of services shall feel the impact & they'll all ready to discharge their duties. But dropping down tools, leads to fuel scarcity.
Source: Daily Trust - 🏆 13. / 51 Read more »

Again, Angola Overtakes Nigeria in Oil Production – THISDAYLIVEUntil Nigeria is dissolved, and nations formed out of it, that part of Africa will never realize its full potential. Nations within Nigeria are being held back by the fulani. They need to be free. EndNigeriaNowToSaveLives EndNigeriaNow
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

Controversy over Seplat, Exxonmobil’s $1.3billion deal persists | The Guardian Nigeria News - Nigeria and World NewsThe last may not have been heard of the controversial acquisition deal between the indigenous oil exploration firm, Seplat Energy and International oil firm ExxonMobil.
Source: GuardianNigeria - 🏆 1. / 94 Read more »