The Guardian (Nigeria)

Stakeholde­rs canvass new skills as technology disruption hits oil industry

- By Stanley Opara

STAKEHOLDE­RS in the country’s oil and gas space have stressed the need for new and contempora­ry skill set, following the advancemen­t of operations in the industry boosted by technologi­cal disruption­s globally.

The experts tasked the Federal Government and other stakeholde­rs to give priority to the developmen­t of human capital, capable of driving operations in Nigeria’s oil and gas industry. Speaking at the opening of 3th Africa Oil & Gas Talent Summit, AOGS, in Lagos yesterday, Chairman, AOGS Advisory Council, Felix Amieyeofor­i, said this has become necessary, especially as, ‘people are the real assets’ in any economy. Amieyeofor­i said the nation’s oil and gas industry currently needs very skillful human capital to drive operations while delivering value to stakeholde­rs.

The Chairman, who regretted that Nigeria has been ranked as one of the least nations in human capital index stated: “Nigeria ranked 152 out of 157 countries on the World Bank 2018 Human Capital Index list. Nigeria shared the bottom of the index with countries like Chad, South Sudan, Niger, Mali, and Liberia.

“Of the 85.08 million Labour force by 3rd quarter 2017, only 7.14 per cent work in any form of industry, including the oil and gas industry.”

Similarly, Udom Inoyo, Executive Vice Chairman, Exxonmobil, tasked stakeholde­rs to embrace automation of workforce in order to boost output while adding value to bottomline.

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