Oil & Energy
Wike, Dickson, FG Hail Agip On Agric Dev
The Rivers State Governor, Chief Nyesom Wike has lauded the Nigerian Agip Oil Company (NAOC) and its joint venture partners for complementing state government’s efforts towards agricultural development in the state.
The Governor, who was represented by the Commissioner for Agriculture, Hon. Charles Nworgu, made the commendation during the 22nd Farmers Day celebration, organised by NAOC Green River Project (GRP) at Igbogene, Bayelsa State last Saturday.
He said that NAOC has made visible contributions towards diversifying the economy to agriculture while appealing that stakeholders should assist farmers whose farmlands were affected by the last flood disaster, to re-establish their farms to enhance food supply in the state.
The governor urged NAOC to partner with the State Ministry of Agriculture so as to explore modern agricultural best practices.
Similarly, the Deputy Governor of Bayelsa State, John Jonah, representing Governor Seriake Dickson, while commending NAOC JV partners, noted that Green River Project agric initiative is key to general agric business.
He posited that the initiative was part of human security process that can secure the future of our youth, saying that “if you learn the art of agriculture, your income, food and employment would be assured.”
The Governor urged NAOC to redouble their efforts in research programmes to grapple with modern technology challenges, especially in the area of food preservation as well as empowering the rural farmers with improved varieties of farm inputs.
Also, in his goodwill message, President Muhammadu Buhari, through telecast, gave kudos to NAOC-GRP for fostering the economic policy thrust of his administration to diversify the mono-economy to agriculture.
He pointed out that agriculture had been under-utilised or even abandoned, yet it is the hub of youth employment which, he said, constitutes about 62% of the population.
President Buhari charged the youth to embrace agriculture to enable them contribute to the objective of food sufficiency and diversification of the country’s mono-economy as well as create jobs and wealth for themselves.
The president said that the Federal Government has voted out funds to revive agriculture through River Basins across the nation.
He noted, however that excessive rainfall affected farmlands and food supply in general, saying the National Food Security Council had met and approved compensation for the flood affected areas.
By: Kinika Mpi.
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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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