Petroleum Minister, Stakeholders Meet On Nigeria’s Oil Future |The Source

By Bayo Bernard

The Minister of state for Petroleum Resources, Timipre Silva will headline a stakeholders’ webinar next week, organized by the Nigerian Stock Exchange, NSE, to fashion out way forward for the nation’s oil and gas sector, post COVID 19.

The theme of the event expected to draw big stakeholders from the oil and gas sector and beyond is” Perspectives of Operators and Industry Experts Post-COVID-19.

 Key players across the entire oil and gas value chain are expected to discuss the impact of the COVID-19 pandemic on the sector as well as its reactions to global trends, government policies, funding dynamics, key challenges and potential shifts

Apart from the minister those expected to attend the event include the Director-General, Securities and Exchange Commission, SEC, Dr. Lamido Yuguda, the Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kolo Kyari, apart from  It will key players in the sectors, from Nigeria and abroad who have been lined up for the august event.

They will analyse global trends and insights that will shape the future of the Nigerian oil & gas sector, provide recommendations for policymakers, and identify opportunities for long-term growth and expansion, the organizers of the webinar said.

Speaking about the webinar, Onyema, OON said, “The impact of the COVID-19 pandemic continues to be felt across diverse industries globally and the oil and gas industry is no exception.

“Today, the COVID-19 crisis has accelerated what was already shaping up to be one of the industry’s most transformative moments, the impacts of which will likely be felt throughout oil’s global supply chains and ripple into other parts of the energy sector.

“ Nonetheless, oil and gas will remain a multi-trillion-dollar market for decades given its role in supplying affordable energy.

“The question of how to create value in the new normal is therefore fundamental and one that we hope to discuss in this webinar. We envision that the insights gathered at the forum will lead to actionable solutions that can chart a more sustainable future for the oil and gas sector.”