Kachikwu, Fashola, Maikanti confirm attendance for NAEC conference

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and its counterpart, Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, have confirmed their attendance at the forthcoming Annual Conference of National Association of Energy Correspondents (NAEC) in Lagos.

The conference which holds annually will bring together stakeholders in the oil and gas industry including captains of industries, and leading private sector chief executive officers to deliberate on burning issues confronting the nation’s oil and gas industry.

Kachikwu, while confirming his participation, said that he is looking forward to address oil and gas stakeholders and participants at the conference.

He stated this during a courtesy visit by the Executives of the National Association of Energy Correspondents (NAEC) led by the Chairman, Mr. Yusuf Yunus.

The conference, with the theme “Low Oil Price: Impacts and the way Forward’’ holds on Thursday, August 18, 2016, at the Banquet hall of Eko Hotel and Suites, Lagos, by 9am.

The sub-themes include “Attracting Investment in the Nigeria’s Oil and Gas Sector’’ with emphasis on “Gas to Power: Challenges and Opportunities.”

The lead paper and the keynote address will be delivered by Kachikwu while Fashola and the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru will present papers as Guest Speakers.

Stakeholders in the oil and gas and power sectors, including International Oil Companies (IOCs), downstream oil and gas operators, independent producers, new owners of the privatised power assets and other stakeholders, would also be at the conference to proffer solutions to issues to be discussed.

These stakeholders, including captains of industry and other industry chief executives as well as the lawmakers, are expected to brainstorm on the ways to attract investment into the oil and sector considering the impacts of low oil price regime in Nigeria. They will also brainstorm on finding a lasting solution to the challenges of gas to power.

The conference is expected to provide a veritable platform for the government and the industry operators to rub minds on the ways to address the energy challenges confronting the country.

Confirmed speakers include: Mr Sadeq Mai-Bornu, Deputy Managing Director, Nigeria LNG Limited, Mr Dolapo Oni, Head, Energy Research, ECOBANK PLC; Mr Clay Neff, Managing Director, Chevron Nigeria Limited; Mr Akin Akinfemiwa, Chairman, Major Oil Marketers Association of Nigeria (MOMAN); Mr Bismarck Rewane, CEO Financial Derivatives Company Limited; Prof. Akpan H. Ekpo, Director-General, West African Institute For Financial and Economic Management (WAIFEM); Mrs Sotonye Iyoyo, Executive Secretary, Petroleum Products Pricing Regulatory Agency (PPPRA); Mr Muda Yusuf, Director-General, Lagos Chamber of Commerce and Industry (LCCI) and Mr D.V.G Edwin, Group Executive Director, Dangote Refinery.

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Others include, Engr. Saidu Mohammed, Group Executive Director, Power and Gas, Nigerian National Petroleum Corporation (NNPC); Prof. Barth Nnaji, Chairman, Geometric Power Ltd; Mr Dada Thomas, Managing Director, Frontier Oil Limited; Mr Bolaji Osusanya, Managing Director, Oando Gas to Power; Dr Oladele Amoda, Chief Executive Officer, Eko Electricity Distribution Company; Mr Sunday Olurotimi Oduntan, Executive Director, Association of Nigerian Electricity Distributors (ANED), Mr Chiedu Ugbo, Ag. Managing Director, Niger Delta Power Holding Company (NPDHC) and Dr Vincent Onome Akpotaire, DDirector-General Bureau of Public Enterprise (BPE).