By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Times ReportersTimes Reporters
  • Home
  • News
  • Politics
  • Business
    • Economy
  • Sports
  • Entertainment
  • About Us
  • Bookmarks
Search
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Reading: Platform Petroleum applauds PIA for transforming investment climate in Nigeria’s oil, gas sector
Share
Sign In
Notification Show More
Latest News
FG Issues Mandatory Compliance Directive To MDAs
Business Civil Service Economy News
AITEC-WORLD Launches Initiative To Revolutionize Africa’s Tourism, Economic Cooperation 
Business Civil Society Organisations Culture Environment News Travel/Leisure
Media Trials: False Scandals Undermining Police Integrity
Insecurity Media Metro News
Dangote Bags ‘Cement Company of the Year’ Award At Africa Housing Show
Awards and Recognitions Business Metro News
NCAA Suspends Two ValueJet Pilots for Breach of Safety Protocols at Abuja Airport
Aviation News
Aa
Times ReportersTimes Reporters
Aa
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Search
  • Home
  • News
  • Politics
  • Business
  • Sports
  • Entertainment
  • About Us
Have an existing account? Sign In
Follow US
  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
© 2024 Times Reporters | All Rights Reserved.
Times Reporters > Business > Oil & Gas > Platform Petroleum applauds PIA for transforming investment climate in Nigeria’s oil, gas sector
NewsOil & Gas

Platform Petroleum applauds PIA for transforming investment climate in Nigeria’s oil, gas sector

Publisher
By Publisher Published May 20, 2024
Share
3 Min Read
SHARE

Platform Petroleum Limited has applauded the positive impact of the Petroleum Industry Act (PIA) on Nigeria’s oil and gas sector. Speaking during the “Investment Opportunities in Nigeria” panel session at the “Invest in Africa Energy 2024” conference held in Paris, France, Mr. John Anim, Managing Director of Platform Petroleum Limited, said that the PIA has significantly improved the investment landscape since its enactment three years ago.

Mr. Anim highlighted that one of the major constraints in the Niger Delta is security challenges, which has seen substantial improvement. He attributed past security issues to the exclusion of host communities from the benefits of oil and gas activities. The PIA’s focus on including these communities as major stakeholders has effectively transformed the landscape by making host communities major stakeholders through the Host Community Development Trust.

“We have observed a remarkable shift in community relations. Three different communities that previously resisted our operations are now inviting us to explore oil and gas opportunities. This change is driven by the positive outcomes seen in other communities where the Host Community Development Trust has been implemented. The inclusion of host communities has ensured that environmental impacts are minimized, and the resources are shared more equitably,” Anim said.

He emphasized that the collaboration between communities and operators is a testament to the improved investment climate in Nigeria and commended the current administration’s efforts to enhance the ease of doing business, which has made the environment more welcoming to investors.

“The collaboration ensures that operations are seamless, and this is crucial for attracting further investments.”

Mr. Anim also called for increased collaboration within the industry saying that “partnership and collaboration are crucial for success in the energy sector. No company can operate in isolation”, adding that Platform Petroleum Limited is fully positioned to attract foreign partners and secure funding to develop their assets, to ensure that the energy needs of Nigeria and Sub-Saharan Africa are met.

Platform Petroleum Limited is a leading oil and gas company in Nigeria, committed to sustainable development and the inclusive growth of host communities. Through strategic partnerships and innovative practices, the company aims to contribute significantly to meeting the energy needs of Nigeria and Sub-Saharan Africa.

Like this:

Like Loading...

Related

You Might Also Like

FG Issues Mandatory Compliance Directive To MDAs

AITEC-WORLD Launches Initiative To Revolutionize Africa’s Tourism, Economic Cooperation 

Media Trials: False Scandals Undermining Police Integrity

Dangote Bags ‘Cement Company of the Year’ Award At Africa Housing Show

NCAA Suspends Two ValueJet Pilots for Breach of Safety Protocols at Abuja Airport

TAGGED: Platform Petroleum

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Publisher May 20, 2024
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Copy Link Print
Share
Previous Article Time to reform electoral court, voting process in Nigeria is now -Intersociety
Next Article Technovation: Over 100 Girls Compete For All Expense Trip To California
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
Telegram Follow

– Member of –

- Advertisement -
Ad imageAd image

Latest News

FG Issues Mandatory Compliance Directive To MDAs
Business Civil Service Economy News August 7, 2025
AITEC-WORLD Launches Initiative To Revolutionize Africa’s Tourism, Economic Cooperation 
Business Civil Society Organisations Culture Environment News Travel/Leisure August 7, 2025
Media Trials: False Scandals Undermining Police Integrity
Insecurity Media Metro News August 7, 2025
Dangote Bags ‘Cement Company of the Year’ Award At Africa Housing Show
Awards and Recognitions Business Metro News August 6, 2025

You Might also Like

BusinessCivil ServiceEconomyNews

FG Issues Mandatory Compliance Directive To MDAs

August 7, 2025
BusinessCivil Society OrganisationsCultureEnvironmentNewsTravel/Leisure

AITEC-WORLD Launches Initiative To Revolutionize Africa’s Tourism, Economic Cooperation 

August 7, 2025
InsecurityMediaMetroNews

Media Trials: False Scandals Undermining Police Integrity

August 7, 2025
Awards and RecognitionsBusinessMetroNews

Dangote Bags ‘Cement Company of the Year’ Award At Africa Housing Show

August 6, 2025
Times ReportersTimes Reporters
Follow US

© 2024 Times Reporters | Deigned by AuspiceWeb Graphics. All Rights Reserved.

  • Home
  • About Us
  • Advertise
  • Join Us
  • Terms of Use
  • Privacy Policy
Join Us!

Subscribe to our newsletter and never miss our latest news!

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?
%d