The Federal Government has allocated $20 million to support active participation of women in the Oil and Gas Sector.
The Minister of State Petroleum Resources, Chief Timipire Sylva, made the submission in Abuja while playing host to the executive members of Women in Energy Oil and Gas.
Sylva noted that the President Muhammadu Buhari Administration’s keen interest in closing gender gap and promoting active involvement of women in energy sector led to the provision of $20 million through Nigeria Content Development Board to encourage women in oil and gas sector.
The Minister, who reflected that Nigerians essentially were spectators in the early years of oil exploration however expressed delight that Nigerians local content participation in the last 10 years had moved from 3 per cent to 33 per cent.
He expressed the hope that Nigeria’s local content involvement would reach 70 per cent in the next seven years.
While admitting that women are capable and have a lot to bring to the table especially in the adoption and promotion of house hold use of gas and other areas in the energy value chain, Sylva assured that his door remained opened and urged the group to work with his team to find common ground in advancing the interests of the sector.
He said: “It is important in our enlightened self interest as men, as government or ministry that women are brought in the core of what we are doing.”
Earlier in her submission, the leader of the delegation, Dr. Oladunni Owo, explained that the mission of the group was to close gender gap in the industry, close energy poverty gap and close the gap of transformational impact of oil and gas sector on the populace.
Oladunni, who commended the Minister for appointing women in his team and the sustainable approach to policy implementation in oil and gas sector sought the support of Sylva to include the group in the activities of the Ministry, especially in the Gas Expansion Programme.
Highlights of the event was the presentation of award of excellence to Sylva for his leadership role in closing gender and poverty gap in the energy sector.