The
Executive Secretary of the Petroleum Technology Development Fund, Dr. Bello
Gusau, has decried the lack of jobs in the nation’s oil and gas industry for
many of the
Nigerians trained by the PTDF.
The PTDF was
established by the Federal Government for the training of Nigerians to qualify
as graduates, professionals, technicians and craftsmen in the field of
engineering, geology, science and management in the petroleum sector.
Gusau said
the drop in global oil prices had affected jobs in the industry.
He stated
this today at the ongoing Nigeria Annual International Conference and
Exhibition organised by the Society of Petroleum Engineers, where he was
represented by the General Manager, Nigeria Content and Industrial
Collaboration, PTDF, Ms. Jacqueline Guyil, on a panel session.
He said,
“Most of the people we have trained have not been absorbed into the industry
because of the downturn in the industry.
“We can’t
say we will stop training people because of the downturn. But we will have to
focus on doing most of the trianing in-country and on the areas that are needed
by the industry.”
The steep
fall in global oil prices since mid-2014 has hit oil companies hard, leading to
significants cuts in capital spending and suspension of projects.
The Minister
of State for Petroleum Resources, Dr. Ibe Kachikwu, said on Monday at the
opening session of the NAICE, said a total of $300bn in oil investments
globally in three years had been lost due to the decline in oil price.
“For the
first time in the oil sector, the decline in the oil price into loss of jobs,”
he said.
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