THE Group Executive Committee Chairman of the NNPC PENGASSAN, Sale Abdulahi has said that Nigeria must begin to chart a new course for the oil and gas industry. He said Nigeria’s demand for petrol is put at about 40 million litres per day, and with the nation’s refineries currently producing less than installed capacity, there is need to develop the nation’s oil and gas sector for the growth of the nation’s economy.

He made this known during a tour of the Port Harcourt Refinery Company in Alesa Eleme, Rivers State. The chairman who was in company of other executive members of Petroleum and Natural Gas Senior Staff Association of Nigeria on tour of the Port Harcourt Refinery Company in Alesa Eleme in Rivers State.

Sale Abdulahi said, “We hear of concession, we are not averse to concession, but what we are saying is that while we are bringing in investors, we should be careful not to put our energy sector in the hands of foreigners, because energy is security. The committee chairman also stressed the need for a road map in the nation’s oil and gas sector.

“We have to have a roadmap in the oil and gas sector. That road map is very important. The road map will show where we are going to in the event that the product loses relevance in the future. And we must begin to move away from oil and gas dependence for the economy. We thought that the PIB that has been passed at the senate will help us to resolve all this.”

The executive committee also advocated huge investments in the nation’s oil and gas sector but not at the detriment of the common wealth of Nigerians. – Channels Television

—  Jun 27, 2017 @ 17:00 GMT