The Minister of State, Petroleum Resources, Ibe Kachikwu has challenged Parastatals under the Ministry of Petroleum Resources to develop a roadmap that will lead to self-funding of the agencies within the next three to four years.
The Minister who gave the charge in Warri while inspecting the infrastructure and upgrade facilities provided by the Petroleum Technology Development Fund at the Petroleum Training Institute near Effurun, said part of the means to realising this objective will be to relate the commercial realities with the functionality of the training programmes offered by the Training Institute and the Petroleum Technology Development Fund (PTDF)
He said “I know how much money we spend in NNPC just to refurbish tanks everywhere, and not just the NNPC but the entire downstream industry, if we had a training programme with the facilities to do those, not only could you train, but individuals could actually take work from the sector to try and grow, and so looking at how to generate income to sustain the place is key. So a major challenge is to identify those areas where you will have a big commercial nexus both for the upstream and downstream sectors of the industry”.
Kachikwu who was accompanied by some Senior Officials of the Ministry of Petroleum Resources, including the Executive Secretary of the PTDF, Dr. Bello Aliyu Gusau, inspected several facilities including the an ultra-modern laboratory complex, a one stop laboratory for research and training in diverse areas of onshore and offshore operations as well as the exploration, drilling and production facilities provided by the PTDF.
He commended the PTDF for the rigorous implementation of its capacity building programmes particularly the upgrade of oil and gas institutions and departments in universities. He also urged the Principal of the Petroleum Training Institute, Professor Sunny Iyuke to adopt a maintenance re-orientation for the training institute in order to attract the kind of scholarship that will help increase the revenue generation profile of the Institution.
The Petroleum Training Institute, Effurun, which was established in 1973 by the Federal government of Nigeria as a requirement for membership of the Organisation of Petroleum Exporting Countries (OPEC). Has enjoyed a massive upgrade by PTDF, to ensure it becomes a leading oil and gas training institute.