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Democracy Newsline Newspaper > News > Business > “Second Edition of Warri Oil and Gas Summit Coming Up Soon – Dr. Akpo Mudiaga Odje
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“Second Edition of Warri Oil and Gas Summit Coming Up Soon – Dr. Akpo Mudiaga Odje

Democracy Newsline
Last updated: 2025/04/05 at 5:47 AM
Democracy Newsline 6 months ago
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“Second Edition of Warri Oil and Gas Summit Coming Up Soon – Dr. Akpo Mudiaga Odje

By Wilson Macaulay

Stakeholders in Niger Delta’s Oil and Gas Sector recently Convened in Abuja for High-Level Consultations

The momentum for intellectual militancy and strategic advocacy in the Niger Delta’s oil and gas sector has taken a significant leap forward as critical stakeholders and industry leaders converged in Abuja to deliberate on key issues affecting the region.

This high-powered consultation, which took place on April 1, 2025, marks the groundwork for the much-anticipated Second Edition of the Warri Oil and Gas Summit, 2025. The summit is poised to drive policy discussions, strengthen indigenous participation in the industry, and address the implementation of the Petroleum Industry Act (PIA) 2021, particularly its Host Community Development Trust Fund provisions.

According to Dr. Akpo Mudiaga Odje, the Convener of the Warri Oil and Gas Summit, this year’s edition aims to push forward progressive reforms that will empower local communities and create a sustainable framework for equitable resource distribution in the region.

Warri Oil and Gas Summit 2025:
A Platform for Advocacy and Industry Growth
The Warri Oil and Gas Summit has grown into a major intellectual and industry-driven gathering, where policymakers, corporate leaders, community representatives, and activists deliberate on critical issues affecting the oil and gas sector.

At the core of this year’s summit are two fundamental focus areas:

Reviewing the Petroleum Industry Act (PIA) 2021 – The discussions will center on strengthening the Host Community Development Trust Fund, ensuring that local communities receive direct and tangible benefits from oil and gas activities in their areas.

Promoting Indigenous Participation in the Oil and Gas Sector – The summit will explore policies that empower Nigerian-owned oil and gas firms, fostering greater economic benefits for the region’s citizens.

Comrade Paul Ohobamu Esq , the Commissioner for information in Edo State, widely known as Aluta/Equity, emphasized that the Warri Oil and Gas Summit is a crucial advocacy platform, bringing together the best minds to analyze the existing gaps in policy implementation and push for reforms that will guarantee sustainable community development.

Strategic Partnerships and Sponsorship by UTM Offshore Ltd
The 2025 edition of the Warri Oil and Gas Summit is proudly sponsored by UTM Offshore Ltd, an internationally recognized oil and gas conglomerate pioneering Nigeria’s first-ever Floating Liquefied Natural Gas (FLNG) project.

Founded by Mr. Julius Rone, OFR, a distinguished industry leader and renowned philanthropist, UTM Offshore Ltd has continued to champion groundbreaking innovations in Nigeria’s oil and gas sector. Mr. Rone’s vision aligns with the core objectives of the summit, particularly in fostering technological advancements and indigenous participation in the energy sector.

The UTM Chief Executive expressed confidence that this summit will play a transformational role in ensuring that Niger Delta communities gain full economic benefits from their natural resources.

Why Warri Oil and Gas Summit 2025 important.
Policy Reforms: To engage stakeholders to push for amendments in the PIA for better host community benefits.

Economic Growth: Strengthening local participation in oil and gas operations.

Technology and Innovation: Showcasing Nigeria’s first FLNG project and other advancements.

Community Empowerment: Ensuring that host communities receive adequate funding and support.

As preparations for the Second Edition of the Warri Oil and Gas Summit continue, stakeholders remain committed to ensuring that the Niger Delta’s vast oil and gas wealth translates into sustainable development, economic empowerment, and industrial growth.

Conclusion
The forthcoming Warri Oil and Gas Summit 2025 will be a historic gathering of industry leaders, policymakers, and community advocates, all working towards a fairer, more equitable, and prosperous future for the Niger Delta.

With the full backing of UTM Offshore Ltd and other strategic partners, this summit is expected to be a game-changer in shaping the next phase of Nigeria’s oil and gas industry.

Stay tuned for updates as the date for the grand event will be officially announced!

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Democracy Newsline April 5, 2025
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