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The Director/ Chief Executive Officer of Department of Petroleum Resources (DPR) , Mr Sarki Auwalu, has said that Nigeria will export skills to emerging oil and gas countries across Africa with proper implementation of the newly passed Petroleum Industry Act.
Auwalu,who disclosed this t when he led a delegation of DPR management team to the Executive Secretary of Petroleum Technology Development Fund (PTDF), Mr Bello Gusau, in Abuja,expressed his agency’s intent to partner with the Fund to continue to build capacity in the oil and gas sector
He also said that the Federal Government was determined to create leeway that would encourage investors and drastically improve the nation’s petroleum industry.
According to him,no fewer than 300 litigations in the oil and gas industry in Nigeria, which had been stalled for the past 20 years in courts, had been resolved through alternative dispute resolution.
The DPR,he said, is strategising well to ensure effective implementation of the PIA.
Speaking,Gusau lauded the DPR for enabling the industry and enhancing business activities in the oil and gas sector,adding that the agency remained the head of the oil and gas industry in Nigeria
He said:“The last time we visited, we had good discussion and issues raised are being implemented like tracking the inflow of fund in signature bonus accounts.We extended the meeting and involved ministry of Finance, Accountant General office and even the Central Bank of Nigeria (CBN).
“Sitting at field development plans and attending significant meetings, helped us to know where and what the industry is trying to do and it also helps to inform our decisions in training and capacity plans,’’ he said
He urged the DPR to continue on its effort to ensure and efficient and productive petroleum industry in Nigeria
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