Home BUSINESS OIL & GAS Federal Government Supports Women’s Participation In Oil And Gas With $20 Million

Federal Government Supports Women’s Participation In Oil And Gas With $20 Million

The Federal Government has allocated $20 million dollars to support active participation of women in Oil and Gas Sector.

Minister of State Petroleum Resources, Chief Timipire Sylva, who spoke in Abuja today, May 7 when he played host to executive members of Women in Energy Oil and Gas (WEOG), said that President Mohammadu Buhari administration’s keen interest in closing gender gap and promoting active involvement of women in energy sector led to the provision of $20 million through Nigeria Content Development Board (NCDB)to encourage women in oil and gas sector.

The minister said that Nigerians are spectators in the early years of oil exploration, adding that in the last 10 years, Nigerians local content participation had  moved from three percent to 33 percent.

He expressed the hope that Nigeria local content involvement would reach 70 percent in the next seven years.

The minister who admitted that women are capable and have a lot to bring to the table, especially in the adoption and promotion of house hold use of gas and other areas in the energy value chain,  assured that his door remained opened and urged the group to work with his team to find common ground in advancing the interests of the sector.

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“it is  important in our enlightened self interest as men, as government or ministry that women are brought in the core of what we are doing,“ Sylva said.

Earlier, the leader of the delegation, Dr. Oladunni Owo said that the mission of the group is to close the gender gap in the industry, close energy poverty gap and close the gap of transformational impact of oil and gas sector on the populace.

Oladunni, who commended the minister for appointing women in his team and the sustainable approach to policy implementation in oil and gas sector, sought the support of the minister to include the group in the activities of the Ministry, especially in the Gas Expansion Programme.

Highlights of the event was the presentation of award of excellence to Sylva for his leadership role in closing gender and poverty gap in the energy sector.

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