NIQS Calls for Transparency and Accountability in Oil, Gas Sector
NIQS Calls for Transparency and Accountability in Oil, Gas Sector
NIQS Calls for Transparency and Accountability in Oil, Gas Sector
– By Daniel Terungwa

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NIQS Calls for Transparency and Accountability in Oil, Gas Sector

The Nigerian Institute of Quantity Surveyors (NIQS) has reiterated the vital role of quantity surveyors in promoting transparency and accountability within the oil and gas industry.

Speaking at the 33rd Engineering Workshop held in Lagos, the Chairman of the NIQS Lagos Chapter, Rilwan Balogun, emphasized the need for professionals in the field to diversify their expertise beyond traditional construction projects. “We train our members to diversify into engineering works—civil, mechanical, electricaland this time, into the oil and gas sector,” Balogun stated.

The workshop, part of the institute’s ongoing efforts to broaden the professional scope of its members, focused on equipping surveyors with the skills necessary to contribute meaningfully to the oil and gas industry.

Public Relations Secretary of the Lagos Chapter, John Agbezin, further underlined the sector’s appeal, noting its vast scale and financial impact. “We need professionals who are trained and have the required expertise to assist across various stages of the oil and gas value chain, particularly from the procurement stage,” he said.

Adding his voice, Wole Adesoye, a fellow of the institute, praised the government’s recent introduction of Compressed Natural Gas (CNG) as a step in the right direction. However, he called for increased public awareness of its benefits and stressed the importance of ensuring that the cost advantage of CNG is passed on to everyday Nigerians, especially in the transport sector.

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In a similar vein, Adebayo Aweyele, Lead Cost Analyst at the Nigerian National Petroleum Corporation (NNPC) Limited, acknowledged the gradual transition from oil to gas. “It’s a process, and we have started it,” he remarked. “However, the lack of sufficient CNG dispensing and production facilities means it will take time before the full benefits are realized.”

Aweyele echoed the consensus that while CNG holds promise, concerted efforts are still required to make it both accessible and affordable across the country.

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