CSR-in-Action partners NEITI, others to promote local refining by 2019
The conference, with the theme: ‘Using Extractives Technology to Promote Local Refining by 2019: A Sustainable Approach’ will revolve around the need to identify and promote areas in which extractive players within Nigeria may facilitate multi-sectoral collaborations to develop, adopt and promote technologies that will lower their running costs, increase profit margins, encourage transparency, curb capital flight, enable growth of the local economy, and reduce environmental degradation and social menace.
The two-day event is structured to focus on various aspects of the extractive industries. Day One, which is sub-themed How Technology Can Bring About the Stoppage of Fuel Importation by 2019, is focused on oil and gas operations, while Day Two sub-themed How Technology Can Boost Mining Productivity, will focus on mining. There will be exhibitions on both days.
Co-Founder/Convener of SITEI, Chief Executive of CSR-in-Action, Bekeme Masade, stated that this year’s event is geared at enhancing the use of technology in the sector as well as forging lasting partnerships. According to Masade, ‘’Creating awareness for the need to promote the use of technology in the extractive sector, as well as identifying possible partnership opportunities available in the extractive, science, technology, and communication industries, are at the centre of the conference. Again, this year’s event seeks to promote the advancement of conceptual and already existing local technologies through patronage and vocational training, while encouraging co-ownership of local technologies and patents amongst others.’’
Co-Convener and Chairman, SITEI Organizing Committee, Meka Olowola stressed the importance of technology in fostering greener utilisation of natural resources in order to be relevant in today’s economic milieu.
SITEI 2018 will be declared open by Kachikwu while the Minister of Mines and Steel Development, Dr Kayode Fayemi, will give the closing remarks.
Also expected at the event are Minster of Science and Technology, Ogbonnaya Onu, Chief Executive, Global Reporting Initiative (GRI), Tim Mohin; Executive Secretary, Nigeria Extractive Industries Transparency International (NEITI), Waziri Adio,;, Executive Secretary, Nigeria Content Development and Monitoring Board (NCDMB), Simbi Wabote and Managing Director, Niger Delta Development Commission (NDDC), Nsima Ekere.
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