– Ibe Kachikwu says from 2018, the federal government will stop sponsorship of delegates to the offshore technology conference (OTC)
– The minister says 250 delegates from Nigeria attended the 2016 edition of the conference while 50 delegates attended the 2017 edition
– He pledged to work hard to ensure that the number was reduced to 20 in 2018
The Minister of State for Petroleum Resources Ibe Kachikwu has declared that the Federal Government would from 2018, stop sponsorship of delegates to the Offshore Technology Conference (OTC).
Kachikwu made the disclosure in Houston on Tuesday, May 2 at a meeting with investors, business owners and stakeholders in the oil and gas sector.
Ibe Kachikwu
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The OTC is an annual event that brings together experts in the oil and gas sector to brainstorm and network on issues and challenges in the field.
The minister said that 250 delegates from Nigeria attended the 2016 edition of the conference while 50 delegates attended the 2017 edition.
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“There will no longer be sponsorship for delegates to the OTC except for technical experts,“ he said.
Kachikwu said that anyone wishing to attend the conference in future should sponsor himself.
ZENITHBLOG.com recalls that Ibe Kachikwu, minister of state for petroleum resources and the group managing director of the Nigerian National Petroleum Corporation (NNPC) Maikanti Baru had revealed that there will be no sacking of workers in the current reform in the sector.
Kachikwu said this to labour union leaders in Abuja and added that the federal government has plans to improve production capacity within the corporation so as to increase workforce rather than reduce it.
Watch this ZENITHBLOG.com TV video of former GMD of NNPC Andrew Yakubu being arraigned by the EFCC over fraud and false assets declaration at the Federal High Court Abuja on March 16, 2017:
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