Oil & Energy
N’Delta Crisis: Presidency Meets Key Stakeholders, ’Morrow
In an effort towards re
solving the crisis in the Niger Delta region, the Presidency has scheduled a crucial meeting tomorrow with key stakeholders from the region, comprising traditional rulers, and Niger Delta Ministers, among others.
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, revealed this during the launch of the Short and Medium Term Priorities to Grow Nigeria’s Oil and Gas Industry (2015 to 2019), tagged the ‘7 Bigwins,’ a new initiative of the ministry.
He said, “We are trying to do a couple of things. First is that on Tuesday, November 1, 2016, we have been able to get the President, in his usual kind nature, to meet with the Niger Delta stakeholders. About 50 of them are going to be coming to that meeting and it comprises all the kings drawn from the seven or eight-oil producing states in the Niger Delta; the heads of security, who are here present today; some government officials, certainly all the ministers from the Niger Delta area.
“It will be our first attempt to actually get them face to face in the same room with the president, so as to understand what his vision is in terms of Niger Delta security issues”.
He explained that the Presidency had approved a road map that would see security in the Niger Delta move from the responsibility of the military and the country’s security apparatus, to that of the oil companies as it is done everywhere the world over.
He said, this would require the oil companies to institute processes that would engage indigenes of the oil-producing communities and also work with communities to guard and protect oil production facilities.
Apart from covering the trust deficit which exists in the region, the plan would provide earning and income-making opportunities for people within the local communities, stressing that as long as they are engaged in things that could boost their income earning, the temptation to destroy facilities would be limited.
The minister further said that he would be spearheading a quarterly engagement process involving all oil-producing communities, their state governors, leaders of the stakeholders group as well as the oil producers.
“This would be done quarterly and it would be rotated from state to state. The whole idea is to provide a first-hand platform to engage before these problems go out of hand and that will become a constant feature”, he said.
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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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