Industry stakeholders to chart way for downstream sector – Reps Committee
Nigeria’s most influential petroleum industry stakeholders are determined to chart policy towards shaping the future of the downstream sector.
This was disclosed by Chairman of the House of Representatives committee on petroleum, Downstream, Ikenga Imo Ugochinyere.
According to him, the major highlight of the Downstream Week is a gathering where lawmakers, stakeholders and regulatory bodies will engage in high-level policy and market dialogue, gain regulatory clarity, and explore investment and security opportunities shaping the future of the downstream sector.
Ugochinyere, in a statement made available to DAILY POST, said the Speaker of the House of Representatives, Tajudeen Abbas, Senate President, Godswill Akpabio, Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, boss, Farouk Ahmed, President of Dangote Group, Aliko Dangote, Chief Executive officer, Nigerian Upstream Petroleum Regulatory Commission, NUPRC, Gbenga Komolafe, among others, would headline the discussions.
He said while Speaker Abbas is to declare the event open, NMDPRA, NUPRC, the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, and Nigeria Union of Petroleum and Natural Gas Workers, NUPENG will gather to deliberate on the future of downstream with key stakeholders and leadership of the regulatory bodies.
Ugochinyere described the event as “Nigeria’s most influential petroleum industry stakeholders gathering where lawmakers, stakeholders and regulatory bodies will engage in high-level policy and market dialogue, gain regulatory clarity, and explore investment and security opportunities shaping the future of our downstream sector”.
“It is a celebration of excellence in Nigeria’s petroleum downstream sector during which we will celebrate the successes recorded so far, identify the challenges and work out sustainable solutions to factors affecting stability and expansion in the downstream sector.
“In partnership with leading industry players, this summit fosters collaboration and innovation for sector growth. Be part of the conversations that shape the future,” he added.