Page 61 - நைஜீரியன் மின்சாரம் ஒழுங்குமுறை தரகு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

•Ask FG to suspend royalty, tax on gas Energy experts, yesterday, raised concerns about Nigeria’s energy sector, insisting that the country’s economy faces serious uncertainty going by the poor outlook of the sector. The experts, drawn from top private and public institutions, including the Nigerian Association for Energy Economists (NAEE), projected a catastrophic scenario if the Federal Government remains adamant on urgently addressing challenges bedevilling the sector. The experts spoke at an event in Abuja organised by the NAEE on ‘Energy and Petroleum in a Post Covid-19 World’. Even after the pandemic, State Minister of State for Petroleum Resources, Timipre Sylva, who delivered an eight-minute speech at the event said it is unlikely the oil and gas sector would quickly recover. He, however, noted that efforts by the Organisation of the Petroleum Exporting Countries (OPEC) and other allies as well as Covid-19 vaccination were yielding positive results.

Abuja federal capital territoryTimipre sylvaWunmi iledareYinka omorogbePetroleum resourcesNigerian association for energy economistsNational assemblyOrganisation of the petroleum exporting countriesNigerian electricity regulatory commissionPetroleum industryNigerian associationEnergy economistsFederal governmentState ministerPetroleum exporting countriesPetroleum industry bill