Page 18 - Nigeria one mag 4 edition en

Oil and Gas Investment Promotion Center

oil and gas well pump

The President Mohammed Kamoru Busari stated that the establishing an oil and gas
Buhari’s administration is one development of the investment promotion office in Abuja to
that is focused on increasing promotion center was part of the interface with businessmen
Foreign Direct Investments (FDI) federal government initiative interested in investing in the
and has designed specific policies targeted at creating an enabling sector. As at the time of the
initiatives targeted at attracting environment to attract badly creation, members of the
the much needed into the needed investors into the oil and Committee are: Director
country. Its most recent policy gas sector. According to the Planning and Statistics in the
initiative is the creation of an Oil acting permanent secretary, the Ministry, Mr. Musa Sa’eed Talle
and Gas Investment Promotion investment promotion center (Chairman), Usoroh E. Thomas,
Centre (OGIPC) at the Ministry of commenced in partnership with Technical Assistant to
Petroleum Resources in the the industry regulators to fashion Honourable Minister of State for
federal capital city Abuja. and form a culture of business Petroleum Resources
The OGIPC is intentionally enablement for would-be (Downstream), Technical
designed with the right resources investors, adding that the Assistant-COS (HMSPR) Ogar
and equipment to give intending ministry was also in the process Ugbizi, Assistant Chief
investors the necessary support of bringing up policy guidelines Petroleum Engineer Tejumola
they need to navigate the oil and on all aspects of the Petroleum Olasunkanmi, Assistant Director
gas sector in Nigeria and also to Industry Act (PIA) 2021, to guide (Upstream Dr. Ishaku P. Abner,
create awareness for intending the industry. The ministry of Technical Assistant-COS
investors about Nigeria. The petroleum had in August this (HMSPR), while Engr. Bamidele
acting permanent secretary of the year inaugurated a committee Dada will serve as the Secretary.
ministry of petroleum, Mr with the sole purpose of

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