OPEC Lauds Buhari On Support For Energy Industry

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The Organisation of the Petroleum Exporting Countries (OPEC) has lauded President Muhammadu Buhari on his fervent, steadfast support for the nation’s energy industry.

The OPEC said a highly successful track record of supporting Nigeria’s industry took a massive leap forward in 2021 when the Petroleum Industry Bill (PIB) was passed by both chambers of the ninth National Assembly.

Dr Mohammad Barkindo, OPEC Secretary-General, made this commendation on Monday at the Presidential Villa, Abuja at the opening of the Fifth Nigeria International Energy Summit (NIES 2022).

The summit which was declared open by President Muhammadu Buhari, represented by Chief Timipre Sylva, Minister of State for Petroleum Resources, has its theme as: “Revitalising the Industry: Future Fuels and Energy Transition.”

OPEC secretary-general said the theme of the fifth summit which came at a pivotal moment in the history of the industry, encapsulated perfectly the highly challenging and multidimensional dynamics of today’s global energy industry.

The objective of the summit from inception is to deliver the biggest and best African Petroleum Technology and Business Conference that will be the definitive platform, not just for Nigeria, but also for Africa to engage the global energy community.

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