Influential petroleum industry stakeholders are determined to chart a new policy towards shaping the future of the downstream sector.
This was disclosed by the Chairman of the House of Representatives Committee on Petroleum (Downstream), Rep. Ikenga 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.
Rep. Ugochinyere, in a statement made available on Wednesday, said the Speaker of the House of Representatives, Tajudeen Abbas, Senate President Godswill Akpabio, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) boss, Farouk Ahmed, President of Dangote Group, Aliko Dangote, Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, among others, would headline the discussions.
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He said that while Speaker Abbas is to declare the event open, the NMDPRA, NUPRC, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) will gather to deliberate on the future of the downstream with key stakeholders and leadership of the regulatory bodies.
Rep. 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.”
