Oil & Energy
Group Advises Buhari On Chad Basin Oil-Search …Hails NDDC Board Dissolution
The Federal Govern
ment has been urged to review its priority attention on oil-search in the Chad Basin, in view of the exigencies in the oil sector and present economic realities of the country.
A Niger Delta group, Niger Delta Youth Coalition (NDYC) which gave the advice said it would make better sense if the President Muhammadu Buhari-led administration suspends the oil-find in Chad Basin and divert the fund to other sectors of the economy.
The National Co-ordinator of NDYC, Prince Emmanuel Ogba, told The Tide Thursday at Port Harcourt International Airport, Omagwa that with the huge fall of crude oil price in the international market, it would be of better economic sense to shelve such project and dirver the attention of Federal Government to other urgent areas pending when the situation improves.
Ogba said, “NDYC had supported this ambitious project from the beginning, but you see, today from what we hear, we are begging for buyers of our crude even at very low price.
“The Federal Government has also emphasised the need for diversification of resources to other non-oil sector. Spending huge fund which runs into several billions into the project now is not in the best interest of the nation”.
The NDYC Co-ordinator explained that if such huge fund was diverted into agriculture, and other non-oil sectors, it would give better boost to the nation’s economy.
The group commended Buhari for dissolving the board of the Niger Delta Development Commission (NDDC), saying that the action of the government is in the good interest of the region and Nigeria at large.
The group advised the acting Managing Director of NDDC, Mrs Ibim Seminitari, to consider the development of poverty-driven communities of Niger Delta in her priority attention.
“The acting MD should avoid politics with the Commission, just as the former administrations and also shift away from urban areas and carry our poor rural communities along”, he said.
Chris Oluoh
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Oil & Energy
Digital Technology Key To Nigeria’s Oil, Gas Future

Experts in the oil and gas industry have said that the adoption of digital technologies would tackle inefficiencies and drive sustainable growth in the energy sector.
With the theme of the symposium as ‘Transforming Energy: The Digital Evolution of Oil and Gas’, he gathering drew top industry players, media leaders, traditional rulers, students, and security officials for a wide-ranging dialogue on the future of Nigeria’s most vital industry.
Chairman of the Petroleum Technology Association of Nigeria (PETAN), Wole Ogunsanya, highlighted the role of digital solutions across exploration, drilling, production, and other oil services.
Represented by the Vice Chairman, Obi Uzu, Ogunsanya noted that Nigeria’s oil production had risen to about 1.7 million barrels per day and was expected to reach two million barrels soon.
Ogunsanya emphasised that increased production would strengthen the naira and fund key infrastructure projects, such as railway networks connecting Lagos to northern, eastern, and southern Nigeria, without excessive borrowing.
He stressed the importance of using oil revenue to sustain national development rather than relying heavily on loans, which undermine financial independence.
Comparing Nigeria to Norway, Ogunsanya explained how the Nordic country had prudently saved and invested oil earnings into education, infrastructure, and long-term development, in contrast to the nation’s monthly revenue distribution system.
Chief Executive Officer (CEO) and Executive Secretary of the Major Energies Marketers Association of Nigeria (MEMAN), Clement Using, represented by the Secretary of the Association, Ms Ogechi Nkwoji, highlighted the urgent need for stakeholders and regulators in the sector to embrace digital technologies.
According to him, digital evolution can boost operational efficiency, reduce costs, enhance safety, and align with sustainability goals.
Isong pointed out that the downstream energy sector forms the backbone of Nigeria’s economy saying “When the downstream system functions well, commerce thrives, hospitals operate, and markets stay open. When it fails, chaos and hardship follow immediately,” he said.
He identified challenges such as price volatility, equipment failures, fuel losses, fraud, and environmental risks, linking them to aging infrastructure, poor record-keeping, and skill gaps.
According to Isong, the solution lies in integrated digital tools such as sensors, automation, analytics, and secure transaction systems to monitor refining, storage, distribution, and retail activities.
He highlighted key technologies including IoT forecourt automation for real-time pump activity and sales tracking, remote pricing and reconciliation systems at retail fuel stations, AI-powered pipeline leak detection, terminal automation for depot operations, digital tank gauging, and predictive maintenance.
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