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Emmanuel Addeh in Abuja The federal government yesterday said it would continue to ramp up investments in the country’s hydrocarbons, despite the current global shift to renewable sources of energy. Speaking at the Annual International Conference and Exhibition of the Society of Petroleum Engineers (SPE), Nigeria Council, the Minister of State, Petroleum Resources, Mr. Timipre Sylva, said the country would rather leverage on its huge gas reserve as a transition fuel option, instead of abandoning fossil fuels wholesale. The minister stated that oil and gas would continue to be relevant and play a major part in the energy mix in the foreseeable future, adding that as a government, Nigeria would continue to encourage more penetration of natural gas and its derivatives for domestic utilisation, power generation to propel national economic growth.

France generalAbuja federal capital territoryTimipre sylvaSarki auwaluEmmanuel addehNigeria councilPetroleum resourcesExhibition of the society petroleum engineersInternational conferenceDepartment of petroleum resourcesAnnual international conferencePetroleum engineersMaximum economic recoveryகூட்டாட்சியின் மூலதனம் பிரதேசம்நைஜீரியா சபைபெட்ரோலியம் வளங்கள்