PTDF To Review Programmes

The  Petroleum Technol
ogy Development Fund (PTDF) says it will renew its programme in line with the reviews of the present adminstrtion.
This is contained in a statement issued in Abuja by the Head, Media and Public Relations, of the agency, Mr. Kalu Otisi.
It said the review  was imperative considering the reality of global challenges in the oil and gas industry, particularly the low price environment.
The statement said, the Acting Executive Secretary of PTDF, Mr. Ahmed  Galadima,  proposed  a holistic  review of the fund.
It quoted Galadima as saying that the fund needed to streamline its activities by identifying and focus on key areas of priority that were within  its mandate  and financial  capacity.
It said the executive secretary had also inaugurated a committee and urged its members to provide the right level of manpower support to the Nigerian oil and gas industry.
According to the statement, he advised the committee to come out with innovations that would help to adjust and respond to the current realities of dwindling financial resources.
It is, therefore, imperative that we critically  examine PTDF’s role in projects, interventions, collaborations, vocational and non-vocational  training  and research  programe  and refocus them in the direction that  will have an immediate impact in the oil and gas industry.