Faculty of Engineering Alumni Association tasks Nigerian government to invest in gas, petrochemicals derivatives
The University of Lagos, Faculty of Engineering Alumni Association (UNILAGFEAA) has tasked Nigerian government on need to invest in gas and petrochemicals derivatives to fit into the future of global energy dynamics
Penpushing reports that the charge was made in a lecture delivered by Engr. Wole Ogunsanya as a guest at the 5th Alumni Public lecture of the faculty of Engineering, University of Lagos, with the theme,’ Nigeria Gas Potentials, Existing and Emerging Opportunities for Engineers and Investors’, held at new Engineering lecture theatre, University of Lagos.
The Group Managing Director of Geoplex Drillteq Limited pointed out that, Nigeria is blessed with gas reserves to plan, sustain and grow her economy , and therefore must not delay to join the world energy rhythm, and the need to strategise to derive maximum benefits from her rich energy resources.
Penpushing further reports that, Ogunsanya noted that, those countries that are net importer of energy continue to strive to be energy independent, adding that, Nigeria is not in shortage of competent hands to drive the industry.
‘Thus, the environmental operating challenges causing the multinational oil companies to divest from Nigeria present a great opportunity for the indigenisation of the industry. There is the need for Nigeria to invest heavily in gas and petrochemicals derivatives that will fit into the future of global energy dynamics’, he stated.
Penpushing also reports that, in similar vein, the association in a communiqué recommended that, Nigerian Oil and Gas upstream sector would be sustained after divestment of the Multinational E&P Companies in Nigeria, huge opportunities exist for Nigeria to truly indigenise the industry and maximise economic benefits.
*This must however be anchored and led by the industry leaders and Nigeria is not in short supply of them. Opportunities to invest and grow Gas utilization remains at early stage with huge potentials for excellent return on the investment for investors. Power and petrochemicals are the brightest areas for investors to focus because of the demand potential. Investors are invited to consider these areas.
Penpushing reports that, the communiqué noted that, the potential to create 1000’s of engineering and other positions is high, stressing that Nigeria’s higher institutions must play their role in developing curriculum that will provide skilled graduates to drive these opportunities.
*That Nigeria is not in shortage of competent hands to drive the industry. Thus, the environmental operating challenges causing the multinational oil companies to divest from Nigeria present a great opportunity for the indigenisation of the industry.
*That concerted effort should be made to increase gas availability and utilization for domestic use. That huge opportunity abounds in pipeline investments, gas plants, Liquefied petroleum gas, petrochemicals, and gas to power projects. There is opportunity for Nigeria’s institutions of higher learning to develop curriculum that will create competent hands for the industry.
Penpushing further reports that, the chairman of the event, Engr. Yemi Adetunji , in his remarks affirmed Government efforts at providing policies and instruments for the citizens and indeed engineers to maximise the opportunities in the oil and gas industry
The Group Executive Director, Downstream Nigerian National Petroleum Corporation (NNPC), stated that the Alumni is a formidable partner in the development of the University, and equally acknowledged the previous contributions and efforts of the association.
Penpushing also reports that the Chairman expressed appreciation to all members and encouraged them to join the efforts of Governors Babajide Sanwo-Olu and Seyi Makinde co-led committee in raising ₦500,000,000.00 for various developmental projects in the Faculty.
‘These include the vertical extension of the Dean’s office building, the various intervention programmes targeted at soft skills development for our undergraduates and so on. There is the need to support engineering students in their quest to develop innovative ideas while keeping the legacy of Prof. Ayodele Awojobi alive through the Prof. Ayodele Awojobi Design Competition (PAADC) platform’.
The Dean of Engineering, University of Lagos, Prof Obanishola appreciated the Alumni and called for more support towards making the faculty a better place for learning, while the former Dean Prof. Falade, in his goodwill message, chronicled the various achievements of the alumni and called on members to propagate the message of the group to those yet to join.
Penpushing reports that, Engr. Seun Faluyi on behalf of the 1985 set reported that the vertical extension of the Dean’s office executed by them was done to show gratitude, and give back to the faculty which contributed significantly to their lives.
The 1985 set added that, the gesture was also to show what a formidable alumni body can achieve,and equally called on other sets to contribute to the development of their alma mater.
Penpushing also reports that, the event witnessed the establishment of a partnership with the University of Lagos by the Guest speaker who assured that the university graduates would be recruited yearly by his companies, while Engr. Mrs. Yetunde Holloway made a plea for gender balance in the recruitment process.
Meanwhile, other notable members of the association at the event include: Engr. Dideolu Falobi, the Current Chairman University of Lagos Faculty of Engineering Alumni Association (UNILAGFEAA) Engr. Dr. Eribake, Chairman Board of Trustees of UNILAGFEAA . the former Dean of Engineering, University of Lagos, Prof. Funso A. Falade, the Host and current Dean of Engineering, University of Lagos, Prof. Obanishola and Dr. Lawrence Osoba
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