Kachikwu, Fashola, others to examine energy sector challenges

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and his counterpart in the Ministry of Power, Works and Housing, Mr. Babatunde Fashola, are expected to address stakeholders this month on some of the challenges in the nation’s energy sector.


Stakeholders in the sector such as international oil companies, downstream operators, independent producers, and managers of the privatised power companies would also be at this year’s conference of the Association of Energy Correspondents of Nigeria to proffer solutions to the challenges, according to a statement.

The organisers said the ministers would be expected to make policy statements on government’s plans for the oil, gas and power industries at the conference slated for August 17 in Lagos.

With the theme, ‘PIGB: Prospects and challenges to Nigerian oil and gas industry,’ the conference would have three panel sessions focusing on optimising local refining capacity, implications of the bill seeking to amend the NLNG Act, and power sector and liquidity challenge, the organisers said.

The statement said the keynote address and the lead paper would be delivered by Kachikwu and the Group Managing Director, Aiteo Production and Development Company Limited, Dr. Chike Onyejekwe.