3 weeks ago
8
Lawmakers, regulators, and cardinal players successful Nigeria’s lipid and state manufacture are acceptable to converge connected Abuja for the maiden variation of the House Committee connected Petroleum (Downstream) Week, a high-level dialog aimed astatine shaping the aboriginal of the country’s downstream sector.
The event, which volition beryllium declared unfastened by the Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, volition bring unneurotic Senate President Godswill Akpabio, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, and the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe.
Also expected are the President of the Dangote Group, Aliko Dangote, the Governor of Lagos State, Babajide Sanwo-Olu, the Governor of the Central Bank of Nigeria (CBN), arsenic good arsenic leaders of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), the Refinery Owners Association, and large lipid marketers.
Chairman of the Committee, Hon. Ikenga Imo Ugochinyere, said the forum represents “Nigeria’s astir influential petroleum manufacture stakeholders’ gathering,” wherever lawmakers, regulators, and investors volition prosecute successful argumentation and marketplace dialogue, summation regulatory clarity, and research opportunities for collaboration.
According to him, the Downstream Week is designed to code captious issues affecting stability, efficiency, and concern successful the downstream worth chain, portion celebrating milestones recorded truthful acold successful the sector.
“This is simply a level for corporate reasoning — wherever legislators, regulators, and investors volition align connected the policies and innovations that volition find the aboriginal of our downstream industry,” Ugochinyere said.
“We volition observe excellence, reappraisal challenges, and enactment retired sustainable solutions for maturation and information wrong the sector.”
He noted that the programme volition diagnostic method sessions, exhibitions, and strategical engagements with operators and marketers, culminating successful a red-carpet meal and awards nighttime to honour outstanding contributors to the industry.
Ugochinyere added that the initiative, organised successful concern with starring manufacture players, underscores the committedness of the House of Representatives to fostering collaboration and ensuring that the downstream assemblage remains a operator of economical growth, occupation creation, and vigor security.
“This is astir shaping tomorrow’s downstream manufacture today,” helium said. “The conversations that statesman present volition power reforms, usher concern decisions, and fortify public-private partnerships.”
The Reps Downstream Week is expected to service arsenic an yearly level for stakeholders to measure progress, stock insights, and align connected strategies for sustaining the translation of Nigeria’s lipid and state downstream sector.
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