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    Osinbajo seeks collaboration among African countries

    Chronicle EditorBy Chronicle EditorFebruary 22, 2018No Comments2 Mins Read
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    Vice President, Prof Yemi Osinbajo oversees MSMEs clinics
    Vice President, Prof Yemi Osinbajo
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    Nigeria’s Vice President, Prof Yemi Osinbajo

    Prof. Yemi Osinbajo has called on African oil producing nations to collaborate to enable them tackle new challenges facing the region in the sector.

    Osinbajo made the call at the close of the maiden edition of the Nigerian International Petroleum Summit, (NIPS) on Thursday in Abuja.

     

    He raised concerns that the development of alternatives to crude oil in Europe and Asia would pose serious challenge for Nigeria and other African countries.

    According to him, discovery of these alternatives calls for increased synergies, collaboration and knowledge sharing among oil-producing countries in Africa.

    He said, “The challenge for Africa is certainly enormous. Many of the traditional markets for oil in Europe and Asia are, of course, developing alternatives.

    READ: Dangote signs deal to build sugar plants in 6 states

    “This at the same time coincides with some African countries just making finds. The volatility of the oil market is another serious challenge.

    “These are not challenges that can be addressed successfully solely by countries taking independent decisions. Collaborations, synergies and knowledge sharing are critical.”

    He said African countries needed to work hard to make the best use of its God-given resources before it is too late.

    “Together we can surmount our hurdles faster, not if we try to do so individually.

    “I should like to assure our oil and gas operators of the Federal Government of Nigeria’s commitment to creating the enabling environment for the industry to achieve its destiny in Africa,” he noted.

    The Vice president further said that the increasing number of African countries joining the league of oil producing states called for greater cooperation amongst the old and the new in the industry.

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    Omoyele Sowore, a human rights activist and former presidential candidate, claims that all opposition parties in Nigeria, with the exception of his African Action Congress, are influenced and controlled by the ruling All Progressives Congress, APC.

    Sowore calls Atiku, El-Rufai’s ADC ‘a coalition of past criminals’

    How ADC collapsed under Obasanjo-led coalition before 2019 elections

    How ADC collapsed under Obasanjo-led coalition before 2019 elections

    Police rescue abducted Benue Links passengers

    Truck crushes police officer to death at Ogun checkpoint

    Equatorial Guinea sacks Baltazar Engonga as ANIF boss over sex scandal

    Baltasar Engonga, former E’Guinea anti-corruption chief with over 400 sextapes faces 18-year jail term

    Obi joins forces with Aregbesola, Mark as ADC becomes coalition’s 2027 election platform

    ADC will dismantle party that kept Nigerians in poverty, insecurity – Obi

    Desperados for power': Onanuga slams ADC defectors, says APC won’t miss them

    Onanuga slams ADC defectors, labels coalition a gathering of “desperados”

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    Liverpool forward Diogo Jota dies in car crash

    JUST IN: Liverpool forward Diogo Jota dies in car crash

    July 3, 2025
    Omoyele Sowore, a human rights activist and former presidential candidate, claims that all opposition parties in Nigeria, with the exception of his African Action Congress, are influenced and controlled by the ruling All Progressives Congress, APC.

    Sowore calls Atiku, El-Rufai’s ADC ‘a coalition of past criminals’

    July 3, 2025
    How ADC collapsed under Obasanjo-led coalition before 2019 elections

    How ADC collapsed under Obasanjo-led coalition before 2019 elections

    July 3, 2025
    Police rescue abducted Benue Links passengers

    Truck crushes police officer to death at Ogun checkpoint

    July 3, 2025
    Equatorial Guinea sacks Baltazar Engonga as ANIF boss over sex scandal

    Baltasar Engonga, former E’Guinea anti-corruption chief with over 400 sextapes faces 18-year jail term

    July 3, 2025
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