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Home»Oil & Gas/Mineral Resources»Ministry, NNPC, others to brainstorm on oil & gas
Oil & Gas/Mineral Resources

Ministry, NNPC, others to brainstorm on oil & gas

Abdoulaye KayBy Abdoulaye KayMarch 24, 2024Updated:March 24, 2024No Comments2 Mins Read
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The Ministry of Petroleum Resources and its agencies and parastatals are expected to brainstorm on emerging developments in the oil and gas industry, at a sectoral retreat scheduled to hold in Abuja.

The Deputy Director of Press and Public Relations at the Ministry of Petroleum Resources, Mrs. Oluwakemi Ogunmakinwa, in a statement on Sunday, said that the retreat would focus on the Ministerial Deliverables (2023-2027) for the oil and gas sector.

The retreat with the theme: “Building Synergy for Enhanced Development in the Oil and Gas Sector” will be held between March 26 and 28.

ALSO READ NNPC seeks different energy transition strategy for Africa

Ogunmakinwa stated that the retreat would also fashion the way forward for the industry as earmarked by President Bola Tinubu.

“In the course of the retreat, heads of agencies under the ministry will be required to make presentations on the mandate, vision, and mission of their respective organizations,” she stated.

According to Ogunmakinwa, the Minister of State Petroleum Resources (Oil), Sen. Heineken Lokpobiri, and the Minister of State Petroleum Resources (Gas), Mr Ekperikpe Ekpo will be attending the retreat.

The Permanent Secretary, Ministry of Petroleum Resources, Amb. Nicholas Agbo Ella, Directors in the Ministry, as well as the Chief Executive Officers (CEOs) and Directors from the Agencies under the supervision of the Ministry, would also be in attendance.

ALSO READ NNPC official charged by FBI over $2.1m bribes

It would be recalled that President Bola Tinubu had the first year of Ministerial Retreat with Ministers, Presidential Aides, Permanent Secretaries, and top government functionaries from Nov. 1 to Nov. 3, 2023.

The retreat by the president was to chart a path for progress and prosperity of the nation, where he charged the participants to deliver on their mandates for the sake of Nigerians. 

Nigerian National Petroleum Corporation (NNPC) is a for-profit oil company in Nigeria. Formerly a government-owned corporation, it was transformed from a corporation to a limited liability company in July 2022.

ALSO READ [OPINION] Tinubu and The Trials of Leadership

NNPC Limited is the only entity licensed to operate in the country’s petroleum industry. It partners with foreign oil companies to exploit Nigeria’s fossil fuel resources.

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