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Chevron should encourage domestic manufacturing, says Senator Natasha
Chevron responded that the success of polypropylene production depends on the availability of cheap gas, which Nigeria’s economy of scale currently doesn’t favour, despite having an abundance of gas.
During a visit to Chevron Nigeria Limited’s headquarters on Wednesday, Senator Natasha Akpoti-Uduaghan, representing Kogi Central, emphasized the need for the firm to support local manufacturers producing goods made in Nigeria.
The purpose of the visit was to improve cooperation and have a conversation about important issues in the oil and gas industry. It was led by the Honorable Minister of State for Petroleum, Engr. Gbenga Komolafe of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
As demonstrated in Saudi Arabia, Senator Akpoti-Uduaghan emphasized the significance of funding Nigeria’s petrochemical industry, notably in the manufacturing of polypropylene.
She also pleaded with Chevron to back domestic production of goods and services in addition to developing human capital.
Chevron responded that the success of polypropylene production depends on the availability of cheap gas, which Nigeria’s economy of scale currently doesn’t favour, despite having an abundance of gas.
In his part, Engr. Komolafe emphasised the importance of effective regulation and stakeholder engagement in driving the sector’s progress.
The visit demonstrates the commitment of the NUPRC and the National Assembly to fostering a conducive environment for oil and gas operations in Nigeria.
Additionally, Senator Akpoti-Uduaghan is expected to attend the 2024 Offshore Technology Conference (OTC) in Houston from May 6 to May 9.
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