Tinubu should fix Nigeria’s oil and gas sector using these strategies (nairametrics.com)

Tinubu should fix Nigeria’s oil and gas sector using these strategies

Kunle, an Energy Analyst who was a Privatization Advisor at the Bureau of Public Enterprise (BPE) from 2003 to 2007, told Nairametrics that after Tinubu is sworn in, he needs to immediately set up a team to review the restructuring of the oil and gas sector and the situation of the power sector structure of the country.

Some experts cite regulatory mismatch, bureaucratic bottlenecks instituted corrupt practices among stakeholders as well as a lack of accountability as reasons why the sector is not as effective as it could be.

In a recent conversation with Nairametrics, an Energy Policy Expert, Etulan Adu told Nairametrics that the Nigerian government and stakeholders need to focus on a few things to fix the oil and gas sector.

According to him, the existing oil and gas assets in the country need to be protected to ensure production continuity.

He believes that this is what is paramount for the Nigerian masses to enjoy the gains of being from an oil and gasproducing nation.

Adu suggested the following strategies

There is a need for sustaining the drive to curb oil theft, bunkering, and pipeline vandalism, to ensure an upward trend in our production figures in accordance with the OPEC quota.


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