The Major Oil Marketers Association of Nigeria (MOMAN) has restated its commitment toward promoting the development of institutional capacity as well as a sustainable and viable downstream petroleum industry thereby fostering economic and social growth of Nigeria.
Its Executive Secretary, Mr Clement Isong, said on Monday in Lagos after the MOMAN Chief Executive Officers (CEO) Strategy Retreat, held in Abuja on the way forward toward a sustainable and viable downstream sector.
Isong said that CEOs’ two-day retreat recognised the outstanding work done by the Nigeria National Petroleum Corporation (NNPC) to ensure continuous supply of petroleum products in 2018 and 2019, especially during the election period.
He also lauded the improved collaboration between NNPC, especially PPMC and MOMAN which, he said, contributed significantly to the outcome.
Isong said MOMAN was geared toward pace setting and deployment of international best practices in the business of Nigeria’s Petroleum Downstream Sector.
He added that MOMAN would ensure development and compliance with an industry self-regulatory regime to support the industry regulator and raise Nigeria’s safety, technical and quality standards in fulfillment of the government’s national petroleum policy.
“ MOMAN will ensure enhancing conditions, which results in only professional and responsible organisations, participating in the Petroleum Downstream Sector.
“MOMAN is committed to improving customer service and the deployment of technology in the protection of the customer and ultimately the business.
“We are also committed to optimisation of the supply chain to increase efficiency and reduce cost. Promotion of Nigerian content and ensuring compliance by participants in the petroleum downstream sector in Nigeria,’’ Isong said in a statement.
The scribe assured of training and development of Nigerians in important disciplines, including management and strategy.
According to him, the association will also establish a think-thank of professionals to tackle industry issues and proffer workable solutions to identified problems.
Isong said that part of its strategic policy objectives was to create a market-driven oil and gas industry, cost efficient storage, transportation and distribution of petroleum products.
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