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: \u201cFortifying the Nigeria\u2019s Oil Gas Industry for Economic Growth and Stability.\u201d
Auwalu said the strategy would articulate key delivery programmes to guarantee stability, growth, and development of the industry in line with the federal government\u2019s aspirations.
\u201cAs 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.
\u201cThis 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,\u201d he said.
He said as a department, the DPR would, \u201ccontinue to foster collaboration, influence, facilitate, enable and promote industry growth, all for economic growth and in overriding national interest.\u201d.<\/p>\n\n\n\n