By Sanni Azeezat Opeyemi (siwes student)
Gateway polytechnic saapade
The National Assembly, IOCs, and IPPG came together in Abuja to address issues like crude oil theft and insecurity in the Niger Delta. Working together, they can find solutions for the challenges in the oil and gas sector.
Senate President Godswill Akpabio acknowledged the challenges in the oil sector and expressed the lawmakers’ commitment to addressing them.
He also expressed concern about the proper utilization of the oil sector’s windfall. It’s important to ensure that the resources are used efficiently and for the benefit of the country.
Represented by the chairman, Senate Committee on Upstream Petroleum, Etang Williams, Akpabio said there was a need to increase the nation’s production to 1.8 million barrels per day.
He said: Last month, September, our crude oil output hit 1.35 million barrels per day and 14 per cent higher than the figure for August, the highest figure since the year began.
Consistent and determined efforts by the Federal Government yielded this dividend, which has given us hope that with careful planning and execution, we will hit the Organisation of Petroleum Exporting Countries (OPEC) quota for Nigeria, which stands at 1.8 million barrels per day.
Rick Kennedy, the Chairman of OPTS, Chevron Nigeria Limited, emphasized the importance of information and knowledge sharing.
This helps in making the right decisions and promotes better understanding and collaboration with the National Assembly. It’s crucial to have open channels of communication and cooperation for a successful partnership.
