The event which is promoted by Mahogany 21 Century Concepts, is aimed at promoting sport, talent development and other socio-economic benefits.
The project coordinator, Mr Eyinimi Omorozi, said the marathon would also bring national and international recognition and visibility to Oloibiri in the attempt to promote and preserve for posterity its heritage that has for long been abandoned.
He explained that the neglected and seemingly forgotten Oloibiri would be brought to limelight again through the event.
He added that the programme is designed as an annual international half marathon event brand that will attract the participation of amateur and professional athletes and visitors from within and outside Nigeria.
3 min read
President Muhammadu Buhari Thursday declared that Nigeria will strengthen its position as regional leader in the oil and gas industry, even as his administration will spare no effort in ensuring maximum benefit from the nation’s huge natural resources.
Speaking at the virtual inauguration of the National Oil and Gas Excellence Centre (NOGEC) at the Department of Petroleum Resources (DPR) headquarters, Lagos, President Buhari pledged that the Federal government will continue to leverage oil and gas for development and pursue economic diversification across all sectors.
”You would recall that at the beginning of this administration, we set a clear roadmap for the oil and gas sector in order to increase value from the nation’s huge resource potentials and create opportunities for investors, both local and foreign, when I declared that: ‘Nigeria is Open for Business!’,” he said.
Buhari revealed this in a virtual address at the
inauguration of the National Oil and Gas Excellence Centre (NOGEC) which was held at the Department of Petroleum Resources (DPR) headquarters in Lagos.
The president said his administration is committed to ensuring maximum benefit from the nation’s huge natural resources and will continue to leverage on oil and gas to ensure economic growth.
He said: ”You would recall that at the beginning of this administration, we set a clear roadmap for the oil and gas sector in order to increase value from the nation’s huge resource potentials and create opportunities for investors, both local and foreign, when I declared that: ‘Nigeria is Open for Business!’
Elumelu assures of shared prosperity, economic devt, acquires 45% in OML 17 guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.
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Nigeria’s oil rig count down 29% to 135 in 2020
On As oil exploration suffers setback Stakeholders renew call for PIB, others
By Udeme Akpan
There are indications that limited investment has taken a toll on exploration, as Nigeria’s rig count dropped year-on-year by 27.8 per cent to 135 in the year 2020, from 187 in 2019.
The oil rig count, a major index for measuring level of activities in the upstream oil sector, was contained in the latest industry data released by the Organisation of Petroleum Exporting Countries, OPEC.
On Quarter-on-Quarter, QoQ basis, the data shows a steady decline in the level of activities all through the year with the highest count of 56 recorded in the first quarter, while subsequent quarters show declines to 33, 24 and 22 deployed in the second, third and fourth quarters respectively.