The Chairman of Heirs Holdings, Mr Tony Elumelu, has emphasised the need for increased oil production to fund Nigeria’s economic diversification and development.
Speaking on Thursday at the Nigeria Petroleum Industry Leadership Discourse in Abuja, Elumelu highlighted the crucial role of oil revenues in driving industrialisation, energy security, and infrastructural growth.
The discourse, themed “Nigeria’s Oil Production Growth Roadmap: Acceleration Imperatives”, was convened under the aegis of Heirs Energies, a subsidiary of Heirs Holdings, to bring together industry stakeholders and policymakers to strategise on expanding oil production.