1 week ago
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By Obas Esiedesa, Abuja
Delta State Governor, Rt. Hon. (Elder) Sheriff Oborevwori, has said that the authorities continues to play a pivotal relation successful sustaining and expanding Nigeria’s lipid accumulation done peace-building, section participation, and biology accountability initiatives aimed astatine stabilising the lipid and state sector.
Speaking astatine the 2025 International Conference connected Hydrocarbon Science and Technology, organised by the Petroleum Training Institute (PTI), Effurun, Delta State, and held successful Abuja, Oborevwori noted that Delta’s reforms successful governance and big assemblage relations person fostered a much unafraid and productive situation for lipid and state operations.
Receiving an Award of Excellence successful Leadership from PTI, the politician described the designation arsenic a tribute to the corporate efforts and resilience of the radical of Delta State, whose onshore and waters person sustained Nigeria’s vigor wealthiness for decades.
Represented by his Chief of Staff, Prince Johnson Erijo, Oborevwori said:
“We person prioritised bid and information arsenic the instauration for concern and growth. Through inclusive engagement with assemblage leaders and manufacture operators, we person fostered a much unchangeable operating environment. This is not conscionable bully politics; it is dependable economics.”
He explained that his administration’s M.O.R.E Agenda — Meaningful Development, Opportunities for All, Reforms for Institutional Strength, and Enhanced Peace and Security — was designed to extremity decades of imbalance betwixt assets exploitation and assemblage well-being successful the Niger Delta.
Beyond peace-building, the politician said his medication is promoting section contented information successful concern with the Nigerian Content Development and Monitoring Board (NCDMB), and empowering Deltans done grooming and collaboration with PTI to guarantee they payment straight from the lipid and state worth chain.
“We are ensuring that Deltans are not bystanders but participants and beneficiaries of the lipid and state sector,” Oborevwori stated. “By promoting section contented and preparing our radical done institutions similar PTI, we are positioning them to prehend emerging opportunities.”
In his remarks, the Permanent Secretary, Federal Ministry of Petroleum Resources, Dr. Emeka Vitalis Obi, noted that Nigeria’s immense lipid and state resources contiguous an accidental for sustainable socio-economic growth, but urged greater absorption connected implementation of existing reforms.
He said that portion the Petroleum Industry Act (PIA) provides a coagulated ineligible and regulatory framework, challenges persist successful refinery utilisation, workforce capacity, exertion transfer, and assemblage obligations.
“The world is that portion the ineligible model is successful place, overmuch remains to beryllium done. The Domestic Crude Supply Obligation (DCSO) authorities nether the PIA, for instance, is not yet afloat operational, and the upstream regulator has had to intervene to enforce compliance,” helium added.
Dr. Obi called connected PTI and different manufacture stakeholders to leverage the PIA’s accent connected section contented and workforce improvement to thrust translation successful the vigor sector.
He said the authorities expects that wrong the adjacent 3 years, astatine slightest 70 percent of PTI graduates volition unafraid manufacture placements oregon found start-ups, thereby expanding indigenous information successful the petroleum industry.
Earlier, the Principal and Chief Executive of PTI, Dr. Samuel Onoji, emphasised the value of Africa’s hydrocarbon resources to the continent’s economical improvement and vigor security.
“Africa’s vigor assemblage remains captious to its economical maturation and development. However, it faces important challenges, including inadequate infrastructure, insufficient investment, and wide vigor poverty,” helium said.
“As we navigate the complexities of vigor transition, clime imperatives, and sustainable development, the equilibrium betwixt growth, biology stewardship, and governance has ne'er been much pertinent.”
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