Envoy Okays Nigeria’s Oil, Gas Sector’s Reforms

The Acting Special Envoy and Co-ordinator for International Energy Affairs, Amb. Mary Warlick says Nigeria remains a critical priority for the US and Africa’s bilateral relations.
Warlick said this during a meeting with the Minister of State for Petroleum Resources, Dr Ibe Kachikwu.
In a statement in Abuja by Mr Idang Alibi, Director of Press in the Ministry, Warlick commended Nigeria on the significant steps taken in the oil and gas industry reforms.
“I commend Nigeria on the significant steps taken in the oil and gas industry, especially in the area of shared insights, gained by the U.S. team from reviewing the national oil policy, gas policy, fiscal policy and the draft of the Petroleum Industry Governance Bill and Petroleum Industry Fiscal Bill developed by the Ministry of Petroleum Resources”.
Responding, Kachikwu said the Federal Government under the leadership of President Muhammadu Buhari had set out plans that had to be made over the next four years.
He outlined steps the ministry had taken in achieving this through the continuous implementation of the 7 Big-Wins-the Nigerian Petroleum Roadmap, which focuses on stabilizing the business environment, enshrining openness and transparency, developing and entrenching new policies and regulations.
He also hinted on the launch of a Pet Project-”Project 100″ aimed at maximizing and unleashing talents by identifying 100 Nigerians who had access to finding.
“As we are willing to make a change in the industry and collaborating with them to find solutions to the industry’s problems with a view to putting Nigeria on the path of glory”, he said.
Kachikwu further reiterated the positive impact of the ongoing engagement in the Niger Delta and Oil Producing States led by Acting President, Prof Yemi Osinbajo.
He said it was yielding results as evidenced by the near zero militant incidence and normalcy in production activity being restored in the region.