ACCOMPLISH MAGAZINE AUGUST 2023

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INTERVIEW a situation where the pricing of oil affects our business, and this is a major, major problem for most service providers and the gas industry. With the increasing global focus on renewable energy sources, how do you see the future of the oil industry? What role do you envision your company to play in this evolving landscape, especially in Nigeria? Oil and gas will always be oil and gas because heavy industries require oil and gas. I believe heavy manufacturing equipment would still need oil and gas. Oil and gas would still be in the energy mix. Now, regarding renewable (energy), as l said earlier, we’re collaborating with US Aid Power Africa to develop women in the energy sector, deploying renewable solutions. Everybody knows now that people are migrating from heavy oil solutions to energy solutions to renewable energy solutions. We are currently in the Decade of Gas in Nigeria; 2021 to 2030 is the Decade of Gas in Nigeria. People are using gas to power turbines; people are using gas to power solutions. We’re also looking at CNG, LNG and LPG as alternative fuels. Beyond that, we’re working to empower women and renewable energy solution providers to access single-digit loans with the Bank of Industry. We’re definitely looking at energy transition as an opportunity and looking at how we can migrate our existing customers from where they are dependent on heavy fuels to how they can transition into renewable energy; we’re currently working with a company in Birmingham (England), on hydrogen. We’re looking at how best to integrate hydrogen as a power source in the industries we’re currently working in. So, there are short, medium and long-term strategies for energy transition and how do we work with our existing customers and clients to make their energy transition journey in reality? We’re very much involved in energy transition and digital transformation; working with our clients and partners. Could you share a memorable experience with us or achievements in your career that have significantly impacted you personally and professionally? 38 Accomplish Magazine
I always tell people that the most transformational award I ever received was the Energy Champion Award 2016. We were asked to submit quite a lot of documentation to qualify for the Energy Champion Award by the Energy Institute. I did that, and four people were shortlisted. There was a dinner in London, in Park Lane. I attended the dinner with my daughter, my first daughter. We were all asked to write an acceptance speech. I was unsure if l could win because four people were contending for the price, and my daughter asked me to write my acceptance speech. So, I told her I couldn’t write an acceptance speech because I didn’t know if I would win. I was anxious because I was at the event with my daughter, and I wanted to win because I wanted to be a good example to my daughter. When I looked at the profiles of the other three people, which were very impressive, I wasn’t sure I would win. To God be the glory, I won that award. With that, I gave a speech from the top of my head, which was very, very instructive, and came from the depth of my heart. It was very original. What gladdened me most is that most of what I have received has either come because somebody nominated me or somebody submitted my name, and then they send me a letter that I was awarded. This (the Energy Champion Award) was the first time in my life I was going to an award ceremony that I wasn’t sure I would win. I wasn’t sure what was going to happen and the fact that my daughter was there and I was able to make her proud. We didn’t leave (the venue) in shame, and it was such a high level; the very competitive award is something I will forever be grateful for because that must have inspired my daughter and must have made her proud of her mother. So, that’s the only award ceremony I’ve ever attended where I wasn’t sure I would win, and I didn’t know I had won. I’m forever grateful for that and (it inspired our) joining the Energy Institute Council. I served on the Energy Institute UK Council for six years; two terms of three years. I’m currently on the Energy Institute International Energy Weekly board. That award opened several doors for me; even my position on the panel of judges with the “ What gladdened me most is that most of what I have received has either come because somebody nominated me or somebody submitted my name, and then they send me a letter that I was awarded. Royal Academy of Engineering UK was on the back of that recognition. So, you get some awards, and the recognitions open even more doors for you. I’m forever grateful for the Energy Champion Award in 2016. There are a lot of arguments in the oil industry on how it has contributed significantly to climate change worldwide. How do you respond to this claim, and what steps do you take to minimize your company’s carbon footprint? As I explained earlier, we try as much as possible not to use disposables. We also try as much as possible not to run our generator except when we have full demand for the generator. That’s why when we travel with our staff bus, we ensure that we plan our journeys. So, on the day that we are going to (Lagos) Island from Jibowu, we make sure that as many staff with things to do on the island are on the bus. Those are the kind of little things we do, but that is intangible and insignificant when you look at gas flaring in the Niger Delta. I believe that this question is more applicable to exploration and production companies that are flaring gas. The only way to address this is for the oil and gas industry regulator and UPRC to ensure that the penalties for flwaring gas are much higher than the cost of utilizing gas; you issue a big penalty for flaring gas. The economics of that penalty will compel the exploration and production companies to utilize the gap as a process. So, instead of flaring the gas, they will capture it, put it through a process, and ensure they get CNG, LPG and LNG out of the gas. So much advocacy is required, but until the penalty for flaring gas becomes very, very tangible… Consequently, most of the companies would not invest in gas utilization or even go into exploration and production of non-associated gas. We know that the oil sector has a lot of ethics and transparency as regards the oil sector. With the allegation of corruption and exploitation, how do you address this issue Accomplish Magazine 39
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ACCOMPLISH MAGAZINE AUGUST 2023

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