Stakeholders seek more focus on human capital development
EXPERTS in the nation’s oil and gas industry have called on the Federal Government and other stakeholders to pay more attention to human capital development in the industry.
They stated this in Lagos at the 3rd Africa Oil and Gas Talent Summit, where the Chairman, AOGS Advisory Council, Mr Felix Amieyeofori, described human capital development as critical to the growth of the industry.
“People are the real assets in any economy,” he said, adding that the nation’s oil and gas industry was in need of very skilful manpower to drive operations while delivering value to stakeholders.
Amieyeofori said, “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 the third quarter of 2017, only 7.14 per cent work in any form of industry, including the oil and gas industry.”
The vice Chairman and In-country Human Resources Manager, Exxonmobil, Mr Udom Inoyo, urged stakeholders to embrace automation of the workforce in order to boost output and the bottom line.
The Director, Emerald Energy Institute, University of Port Harcourt, Prof. Wumi Iledare, said, “We don’t have adequate skills that will enable us to close the skills gap in the industry, and by extension, in the economy. We do not have many engineers who can go into the deep part of the oceans to weld and do various engineering works and designs.”