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How Nigeria Can Unlock Gas Potential In Africa-NAPE - INDEPENDENT
The Nigerian Association of Petroleum Explorationists (NAPE) has urged the government to implement incentives that encourage targeted gas exploration, while also tackling the barriers hindering development and production.
Doing so will allow Nigeria unlock its full potential as Africa’s leading gas producer, driving economic growth and energy security for generations to come.
NAPE President, Mr. Johnbosco Uche,said this during a visit to Mrs. Olu Verheijen, Special Adviser on Energy to the President.
He commended the Nigerian government for its recent energy policies, which have attracted investments into the oil and gas industry and boosted oil production.
He emphasized the crucial role of human capital development in ensuring the long-term sustainability of Nigeria’s oil and gas industry during their visit.
In order to tackle the looming skills gap,he said the association underscored the importance of training Nigerian graduates to replace the aging workforce.
He highlighted the association’s contributions to this effort, including donations of workstations to Nigerian universities and training programs for university lecturers and students.
He explained that these initiatives aim to equip the next generation of professionals with the skills and expertise needed to drive the industry forward.
Mr. Uche vowed to harness NAPE’s vast network of over 12,000 members to showcase Nigeria’s energy sector progress. He also promised to share his expertise and insights to facilitate the discovery of additional oil and gas resources, further solidifying NAPE’s position as a leading voice in the industry.
Speaking,Mrs. Verheijen acknowledgex NAPE’s significant contributions to the industry. She outlined the government’s initiatives aimed at attracting investments, developing unappraised discoveries, and boosting production.
She said these initiatives have already shown significant success, with recent Final Investment Decisions (FIDs) totalling over $5 billion. This substantial investment is a testament to the government’s efforts to create a more attractive environment for investors.
She emphasized the importance of human capital development, highlighting the government’s collaboration with relevant agencies to establish local training centres.
She explained that this move,aims to enhance the skills and expertise of Nigerian professionals in the oil and gas sector, ensuring they can compete effectively in the global market.