FG to upgrade Petroleum institute to global standard - The No.1 Infotainment blog


The No.1 Infotainment blog

The No.1 Infotainment blog

Wednesday, 18 October 2017

FG to upgrade Petroleum institute to global standard

The Federal Government has pledged its readiness to upgrade the Petroleum Training Institute (PTI), Effurun in Delta State, to meet international and global standard through improved educational facilities. With such determination, the government expressed optimism that the institute established in 1972 could surmount the various challenges confronting it.
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu gave the assurance during the graduation of the institute, where no fewer than of 1,000 graduating students received their graduation scrolls.
While lauding the management for sustaining the flagship of the institute, the Minister, who was represented by the Permanent Secretary in the ministry, Dr. Folasade Yemi-Esan, admonished the graduates to initiate ideas and be more creative in order to be relevant to the society at large.
He decried huge losses pervading the oil industry and called on well-meaning Nigerians to join hands with government in fighting the menace, even as he lamented that over 700,000 barrel of crude oil were being lost daily to the wanton destruction of oil installations by militants and illegal oil bunkering.
He said: “There is another challenge created by the volatile and dwindling crude prices in the international market which have affected revenue of the government. This also comes at a time when investment in the oil sector suffered immensely.
“The institute should evolve strategies to improve on its Internally Generated Revenue, so as to not only sustain the funding of its operations, but to also contribute to Federal Government revenues.
One area where this can be achieved is through patronage of its courses by industry operators to build the capacity of their personnel, beginning with the parastatals and agencies of the ministry, since charity should begin at home. I wish to assure you of the ministry’s support in that direction.
” He, however, expressed delight that militancy had reduced to zero per cent in the region, saying the fight against insurgency was yielding fruitful result and was optimistic that every challenge confronting the oil industry would be tackled headlong by the present administration.
While assuring the institut of government’s support at all times, the Minister noted that the Federal Government had appropriated N200 million in the 2017 budget for the take-off of the Digital PTI project, which he said “will boost productivity, create digital innovations and jobs for more youths.
” The Principal of the institute, Prof. Sunny Iyuke said the 1,000 graduating students were awarded National Diploma (ND), Higher National Diploma (HND) and certificates in General Welding at ceremony.
Meanwhile, the Chairman, Governing Council of the institute and Director Department of Petroleum Resources, Mr. M. B. D. Ladan, commended the Federal governmentforwhathedescribedas its assistance to the institute.
The high point of the ceremony was the conferment of Award of Fellow of the institute on former Minister of Information in the First Republic, Chief Edwin Clark; some old students of the institute including Chief Ovie Frank Kokori and Senator Nimi Barigha-Amange.

No comments:

Post a Comment