OPEC Secretary General Hails Nigeria’s Leadership at NIES 2024
The 7th edition of the Nigeria International Energy Summit (NIES) witnessed a significant address from the Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al Ghais. His speech focused on Nigeria’s crucial role in the organization and the energy sector at large.
Applauding Nigeria’s Contributions:
- Al Ghais commended Nigeria’s presence at the summit, recognizing it as a testament to the nation’s commitment to international energy discourse and its leadership position within the field.
- He expressed his gratitude for Nigeria’s continued support of OPEC, acknowledging the long-standing relationship between the organization and the country.
- Al Ghais specifically recognized the contributions of key Nigerian figures, including the Minister of State for Petroleum Resources, the Nigerian Governor to OPEC, and the National Representative on OPEC’s Economic Commission Board.
NIES 2024
Highlighting Africa’s Energy Future:
- The Secretary General emphasized the vital role Africa, and particularly Nigeria, plays in the future of OPEC and the global energy landscape.
- He pointed to Africa’s youthful population, projected to be the world’s leading region in terms of population growth by 2045, presenting a significant future consumer base.
- Al Ghais acknowledged Africa’s potential within the oil industry, highlighting the continent’s position as home to five of the top 30 oil-producing countries and its substantial proven oil reserves.
Looking Forward to Continued Partnership:
- Concluding his remarks, Al Ghais expressed his appreciation to the Nigerian government for facilitating his participation in the summit.
- He reiterated OPEC’s pride in having Nigeria as a member country and expressed optimism for a future filled with continued collaboration and success in the energy sector.
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This address by the OPEC Secretary General underscores the significant influence Nigeria wields within the organization and the broader energy industry. It also sheds light on the anticipated growth potential within Africa’s energy sector, particularly focusing on its oil reserves and future consumer base.
