COVID19: Oil sector experts urge Nigerian govt to restructure economy

Experts in the Nigerian oil and gas sector have called on the federal government to engage in proactive measures to save its economy from shock as the world battles the negative effect of the COVID19 and dwindling oil prices.

This was agreed upon at a monthly webinar organised by the Nigerian Association of Petroleum Explorationists, NAPE with the theme: ” New Normal: Post COVID-19 for the Nigerian Oil and Gas sector.”

During the live session which featured experts such as Chief Executive Officer, Seplat Petroleum Development Company Plc (SEPLAT), Dr. Austin Avuru, the current health crisis has confirmed that no economy, especially the oil-reliant ones are not spared from financial shocks, hence the urgent need to diversify to battle against poverty and inequality.

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Source: SweetCrudeReports


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