Stakeholders to Brainstorm on Energy Sector Opportunities at NAEC Summit October 5

By Edu Abade

Stakeholders, industry leaders and experts are poised to share insights, experiences and provide the best peer-reviewed analysis on opportunities to the already declining investments in Nigeria’s energy sector on October 5, 2023.
In a statement by the Public Relations Officer of the Association of Energy Correspondents of Nigeria (NAEC), Opeoluwani Akintayo, the group said this year’s international strategic annual conference, will provide a platform for captains of industry, regulators, lawmakers and other stakeholders to meet and brainstorm on issues affecting the smooth operations of the energy industry, growth, prospects and opportunities.

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The conference with the theme: Nigeria’s Energy Transition: Enhancing Investment Opportunities and Addressing Challenges in the Oil and Gas Sector will attract robust attendance from across the country and beyond.

In the statement made available to journalists, Chairman NAEC, Olu Phillips, explained that this year’s conference promises a unique touch of expertise contributions on how best Nigeria can bring to bear its energy transition plan set for 2060.

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“Nigeria has pledged to reach net zero by 2060, clearly 10 years behind that of the United Nation’s (UN) target of 2050. However, as the clock keeps ticking, not much is being done towards achieving the energy transition projections in terms of investments. This is the time stakeholders should begin to talk seriously, make plans, policies and execute them,” he said.

Group Chief Executive Officer, the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari will present the keynote address, while the Managing Director and Chief Executive Officer of Falcon Corporation, Audrey Ezeigbo will be Chairman of the conference for the second time.

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Other expected stakeholder at the conference are the Ministry of Petroleum Resources, Nigeria Upstream Regulatory Commission (NUPRC), Nigeria Midstream and Downstream Regulatory Authority (NMDPRA), Nigeria Content Development and Monitoring Board (NCDMB), Independent Petroleum Producers Group (IPPG), Nigerian Gas Association (NGA), Nigerian LPG Association (NLPGA) and the Major Oil Marketers Association of Nigeria (MOMAN).

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Others are CEO’s of Chevron, ExxonMobil, TotalEnergies, Shell, Seplat Energy, Axxela, Oando, Ikeja Electricity Distribution Company, EKO Electricity Distribution Company, Transmission Company of Nigeria (TCN), NIMASA, NERC, NEITI, ANED, AA Holdings, PENGASSAN, NALPGM and the Nigeria Labour Congress (NLC).

Topics for panel sessions include Energy Transition, Petroleum Industry Act (PIA), Petroleum Pricing and the Way Forward for the Downstream Sector and the Power Sector: X-raying Issues, Challenges, Opportunities and Finding Solutions.

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Joshua Okoria

Joshua Okoria is a Lagos based multi-skilled journalist covering the maritime industry. His ICT and graphic design skills makes him a resourceful person in any modern newsroom. He read mass communication at the Olabisi Onabanjo University and has sharpened his knowledge in media practice from several other short courses. 07030562600,

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