Home Business Ekpo meets IPPG leadership, discusses investments, reforms
Business

Ekpo meets IPPG leadership, discusses investments, reforms

Share
Share


Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, yesterday hosted a high powered delegation from the Independent Petroleum Producers Group (IPPG), led by its Chairman, Abdulrazaq Isa.

Ekpo lauded IPPG for the important role they play in the gas value chain, noting that as indigenous investors, they not only create jobs in the country but also plough their profits back into the economy to support the nation and President Bola Ahmed Tinubu’s Renewed Hope agenda in repositioning the energy sector for sustainable development.

The Minister pledged the Federal Government’s support in resolving the challenges affecting the group’s operations and called for enhanced collaboration between the group, government, and regulatory agencies to foster growth and development.

IPPG Chairman, Isa, in his speech, thanked President Bola Tinubu for appointing members of the group into key positions in NNPC Ltd and OPEC and also commended Ekpo for the strides achieved so far in the gas sector.

Isa also solicited the intervention of the federal government to resolve issues around key areas like gas pricing, gas flare penalty, legacy debt, gas infrastructure, gas supply receivables, and LPG availability to encourage upstream investment and move the sector forward, among others.

The chairman was accompanied by other IPPG members including, Dada Thomas (Frontier CEO), Gbite Falade (Aradel CEO), Lanre Kalejaiye (ND Western CEO), Dapo Filani (Waltersmith Petroman CEO), Trost Amos (Renaissance Africa), Chikaodili Okoye (Seplat), James Makinde (Seplat), Sunday Okunbor (ND Western), Nkiruka Ajah (Waltersmith), and Oyeleke Banmeke (IPPG Secretariat).



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

NECA tasks FG, OPS on accelerated action to end

By Bimbola Oyesola NIGeriaEmployers’ Consultative Association (NECA), has called for accelerated, sustained,...

BUSINESSAfrica elects NECA into executive council

BUSINESSAfrica has  elected the Director-General/Chief Executive of Nigeria Employers’ Consultative Association (NECA),...

Nigerian Breweries’ lauded for ‘impressive’ Q1 performance

Nigeria’s financial sector has lauded Nigerian Breweries Plc’s first-quarter 2025 results, signaling...

NESREA seals 25 non-compliant facilities

From Idu Jude, Abuja The National Environmental Standards and Regulations Enforcement  Agency...