Amidst growing divestment from Nigeria’s oil and gas sector and dwindling global financial options for fossil fuel projects, the Federal Government, international oil companies and Nigeria’s financial institutions have been urged to provide a leeway that will enable indigenous oil operators to thrive.
“The major issue is the security challenge. The security situation needs attention,” Ikpea said, while adding that most activities at projects sites halted due to the development. “We should pay attention to security because it is in a peaceful environment that investments can thrive,” Ikpea noted.
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