The 4th Nigeria International Petroleum Summit (NIPS) held in Nigeria’s Federal Capital Territory, Abuja, earlier this month. Several delegates from Nigeria, Africa, and the rest of the world attended the event.
The principal host, the Minister of State for Petroleum Resources, Timipre Sylva, represented the distinguished guest of honour, President of Nigeria and Minister of Petroleum Resources, Muhammadu Buhari.
The Senate President, Senator Ahmad Lawan, the Speaker of the House of Representatives, Honourable Femi Hakeem Gbajabiamila, the Group Managing Director of the Nigerian National Petroleum Resources (NNPC), Mele Kolo Kyari, the Secretary-General of the African Petroleum Producers’ Organisation, Dr Omar Farouk Ibrahim, APPO Ministers and other distinguished guests were also present.
Some of the several exhibitors at the event was Waltersmith Petroman, Chevron, TotalEnergies, ExxonMobil, Shoreline Natural Resources Limited, Shell Nigeria, Aiteo, Petroleum Training Institute, Effurun, Petroleum Technology Association of Nigeria (PETAN), Petroleum Equalization Fund (PEF), ntel, OVH Energy, the Nigerian Content Development and Monitoring Board, Nipco, Nigeria LNG Limited, Hauwei, SunTrust oil, Eni to name a few.
Speaking at the event, Dr Farouk who was delivering a goodwill message on behalf of APPO gave a brief history of how NIPS came into existence and the role Nigeria’s former Minister of State Petroleum Resources, Dr. Ibe Kachikwu, played. He said: “Before 2016, Nigerians and indeed, many APPO countries, oil and gas operators, and policy makers trooped in their hundreds every year to the offshore technology conference in Houston, Texas. Tens of millions of US dollars are spent each year on travels, on estacode and exhibitions by Nigerian and other African countries oil industry players. The then Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu, was one of the hundreds of Nigerians that attended the 2016 OTC. On his return, he called a meeting of his immediate aides and told us; I was then working as an adviser to the Minister; that that was the last OTC that Nigerian government and its agencies will sponsor. He wanted an African OTC, and that potential investors in the African oil and gas industry should come to Africa to discuss deals, not in Houston.”
To watch the personal confession Dr Omar Farouk began his goodwill message, and his complete message, click here