The Department of Petroleum Resources( DPR) has listed five ways to fortify the Nigerian oil and gas sector for economic stability and growth. xThe Director and Chief Executive Officer of DPR, Mr Sarki Auwalu, made the suggestion while presenting a keynote address at the 20th Nigeria oil and gas conference, in Abuja on Tuesday. The theme of the conference is: “Fortifying the Nigeria oil and gas sector for Economic Stability.”Auwalu said the DPR would remain committed to the development of oil and gas sector for economic growth and development. “For us in the DPR, we contemplate five broad areas in which the industry needs to support the nation for economic growth and stability. xAccording to him, under the legal front, the long-awaited Petroleum Industry Bill (PIB) that has been passed will enhance clarity in legislative, regulatory, fiscal and administrative frameworks.

Source: The Guardian July 06, 2021 12:33 UTC