- July 9, 2021
- Posted by: adminer
- Category: Natural Resources, Social Economic
The Director of Department of Petroleum Resources (DPR), Mr Sarki Auwalu, has said DPR would in the coming weeks, unveil a strategy, Maximum Economic Recovery (MER), to strengthen the oil and gas industry.
Auwalu said in his keynote address at the ongoing Nigeria Oil and Gas Conference (NOG 2021) holding in Abuja, with the theme: “Fortifying the Nigeria’s Oil Gas Industry for Economic Growth and Stability.”
Auwalu said the strategy would articulate key delivery programmes to guarantee stability, growth, and development of the industry in line with the federal government’s aspirations.
“As part of our mandate to strengthen industry and ensure sustainability, the Department will be unveiling an industry collaborative strategy for Maximum Economic Recovery (MER) for the Nigeria Oil & Gas sector within the next weeks.
“This strategy will articulate key delivery programmes to guarantee stability, growth, and development of the industry in line with Government aspirations whilst leveraging the National Oil and Gas Excellence Centre (NOGEC) commissioned by Mr. President in January this year as the techno-economic resource centre to drive industry safety, value, and cost efficiency,” he said.
He said as a department, the DPR would, “continue to foster collaboration, influence, facilitate, enable and promote industry growth, all for economic growth and in overriding national interest.”.