L
LequteMan
Guest
Aliko Dangote of Dangote Group and Tony Elumelu of Heirs holdings have both canvassed for more participation in the oil and gas sector from local business men, saying it will improve the sector cum the banking industry.
“I was encouraged to come into the oil and gas industry by someone who believes deeply in Nigerian local capacity” Elumelu said according to Daily Independent.
Indigenous participation, he added, will impact positively on the sector just like it happened with banking, where “Many years ago it was the general belief that only expatriates could own and run banks in Nigeria. Today, however, the top five banks are owned and run indigenously and we need for the same to
Elumelu, who revealed that he has ambitious plans in the oil and gas industry said he is looking forward to the day when Nigeria will have the capacity to refine its petroleum on its own shores. According to him, Tenoil Petroleum and Energy Services was set up as a platform to manage and operate Heirs Holdings’ investments across the energy value chain, as well as the extractive minerals sector.
They both spoke at the 32nd Annual International Conference of the National Association of Petroleum Explorationists (NAPE), in Lagos.
#Nigeria #Lagos #Dangote #Elumelu
“I was encouraged to come into the oil and gas industry by someone who believes deeply in Nigerian local capacity” Elumelu said according to Daily Independent.
Indigenous participation, he added, will impact positively on the sector just like it happened with banking, where “Many years ago it was the general belief that only expatriates could own and run banks in Nigeria. Today, however, the top five banks are owned and run indigenously and we need for the same to
Elumelu, who revealed that he has ambitious plans in the oil and gas industry said he is looking forward to the day when Nigeria will have the capacity to refine its petroleum on its own shores. According to him, Tenoil Petroleum and Energy Services was set up as a platform to manage and operate Heirs Holdings’ investments across the energy value chain, as well as the extractive minerals sector.
They both spoke at the 32nd Annual International Conference of the National Association of Petroleum Explorationists (NAPE), in Lagos.
#Nigeria #Lagos #Dangote #Elumelu