Aret Adams lecture to examine tide of oil theft in Nigeria, revive petroleum industry

Stakeholders in the investment, finance, oil and gas sectors would converge on July 6 to deliberate on stemming the tide of oil theft, in order to place the sector on the path of growth and development at the 20th Annual Aret Adams Memorial Lecture at the Agip Recital Hall, MUSON Centre, Onikan, Lagos.

Managing director/CEO of First Exploration and Petroleum Development Company Limited, Mr. Ademola Adeyemi-Bero, will be the keynote speaker at this year’s lecture.

The theme s “Critical Actions to Revive Nigeria’s Petroleum Industry for National Development.”

According to the programmes manager of the Aret Adams Foundation, Mr. Akin Jokojeje, other seasoned professionals, technocrats and experts in oil and gas sector billed to discuss the topic as panellists include Mr. Osa Igieho, CEO, Heirs Holdings Oil and Gas Limited, as well as Mr. Austin Avuru, executive chairman, AA Holdings.

Major players and stakeholders in the oil and gas industry, financial institutions, manufacturing as well as captains of industry are also expected at the event.

The foundation was established in honour of the late Chief Godwin Aret Adams, first group managing director of the Nigerian National Petroleum Corporation (NNPC), from 1988 to 1990, who later became the special adviser on petroleum resources to then head of state, General Abdulsalam Abubakar in 1998.

Giving an insight into the forthcoming annual lecture, chairman of the board of trustees, Aret Adams Foundation, Charles Osezua, noted that Adams left behind a legacy of excellence and transparency in government transactions, development through market growth, good business values, free market competition and many more, which have reflected positively on the many lives he touched, irrespective of tribe or religion, while he was alive.

He said the topic for the lecture was aimed at coming up with practical steps for the Nigerian government to reposition the oil and gas industry for optimum performance and stem the tide of oil theft, in order to place the sector on the path of growth and development.

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