COVID-19 creates opportunity for innovations — Osinbajo | Dailytrust

COVID-19 creates opportunity for innovations — Osinbajo

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The Vice president, Prof. Yemi Osinbajo, has said the COVID-19 pandemic has created opportunity for stakeholders in all sectors of the economy to embrace innovation and creativity.

Osinbajo made this known at the 14th Annual Conference of the Nigerian Association of Energy Economics, in Abuja, on Monday.

Represented by the Special Adviser on Infrastructure, Mr Ahmad Zakari, Osinbajo said the oil and gas sector most hit by the pandemic would be better off with all stakeholders coming together to strategise on new ways to move the sector.

Osinbajo said the Nigeria oil and gas sector had been coming up with projects that had the potential of evolving the sector.

According to him, the Final Investment Decision on NLNG Train 7, the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline projects and others are good moves for the economy.

He called on all participants to use the conference to proffer a way forward for the growth of the nation’s oil and gas sector.

The Minister of State for Petroleum Resources, Chief Timipre Sylva, said Africa and Nigeria were most affected by the pandemic.

“The most current report says that about 50 percent of the continent’s population have no access to energy, that is about 600 million people have no access to electricity.

Represented by his Chief of Staff, Mr Moses Olamide, he welcomed all participants and urged them to make contributions that would help to drive the growth of the sector.

President, International Association of Energy Economics (IAEE), Mr James Smith, commended the steadfast progress that the NAEE had made in recent years.

Represented by Prof. Wumi Iledare, former President of NAEE, he said, the agenda for energy researchers had never been so full and rich, and the role of an organisation like NAEE had never been more important. (NAN)