Stay Tuned!

Subscribe to our newsletter to get our newest articles instantly!

Economic

Unlocking Nigeria’s Energy Potential: Minister Lokpobiri’s Call for Increased Oil Production

Heineken Lokpobiri, the Minister of State for Petroleum Resources, is leading efforts to revitalize Nigeria’s energy sector by focusing on strategic partnerships and innovative solutions. Understanding the significant challenges in the oil and gas industry, Lokpobiri is committed to increasing production levels and fostering collaboration among key stakeholders. His recent meeting with the Nigerian Institution of Petroleum Engineers (NIPetE) in Abuja reaffirmed the ministry’s focus on building strong alliances to advance the industry. This proactive engagement signals a transformative period for Nigeria’s energy landscape.

During the meeting, NIPetE’s National Chairman, Engineer Prisca Kanebi, outlined the institution’s goals, including the need for collaboration between industry professionals and academic institutions. By bridging the gap between theoretical knowledge and practical application in petroleum engineering, this partnership aims to drive innovation and improve operational efficiency. Kanebi also proposed a sabbatical program for academic petroleum engineers within Nigeria’s leading exploration and production companies, allowing them to gain hands-on experience with operational challenges and bring new perspectives to the industry.

Lokpobiri welcomed these ideas and expressed concern about Nigeria’s current low oil production, emphasizing the urgency of increasing output to strengthen the nation’s economy. He stressed the importance of leveraging NIPetE’s expertise and focusing on capacity building within universities to develop a skilled workforce capable of addressing the complex needs of the modern energy sector. Lokpobiri is determined to ensure that Nigeria’s oil and gas industry remains competitive on the global stage.

A major part of Lokpobiri’s strategy is the domestication of codes and standards to align Nigeria’s operations with international benchmarks. By improving local practices, Nigeria can enhance its efficiency, attract more foreign investment, and become a more prominent player in the global oil market. This vision reflects Lokpobiri’s commitment to sustainable practices and long-term growth in the sector.

While acknowledging the significant investments already made to improve industry capacity, Lokpobiri pointed out the gap between these investments and actual results. He called for a more results-driven approach that focuses on delivering tangible outcomes. This shift in focus is essential as Nigeria moves away from traditional methods and embraces innovative, collaborative strategies that can address the industry’s most pressing challenges.

As part of his ongoing commitment to fostering partnerships, Lokpobiri confirmed his participation in NIPetE’s 3rd annual conference on October 31 and November 1 at the Abuja Continental Hotel. This event is expected to draw the attention of key stakeholders and provide a platform for discussing solutions to propel Nigeria’s energy sector forward. Additionally, Lokpobiri proposed a quarterly review of the collaborative agenda with NIPetE to ensure that the partnership remains relevant and effective in addressing the evolving challenges of the oil industry.

By championing strategic collaborations and pushing for innovation, Heineken Lokpobiri is positioning Nigeria’s energy sector for a brighter, more sustainable future.

Segun Bakare

Segun Bakare

About Author

error: Content is protected !!