The new strategies align with the association’s rebranding from MOMAN to MEMAN, unveiled in Lagos yesterday.
Speaking on the initiative, the Managing Director, Nigerian National Petroleum Company (NNPC) Limited Retail, Mr. Huub Stokman, explained that, the rebranding of the association is in line with its new strategic pathway towards launching the body into providing services along energy transition focusing essentially in solar energy, liquified petroleum gas, compressed natural gas at various members outlets.
Stokman reiterated the association’s support for Nigeria’s energy transition plan and efforts of the federal government to actualise its net zero carbon emission. target by 2060, saying, the initiative will support MEMAN’s training for its members to improve efficiency and safety in the petroleum downstream sector operations.
He said his members are committed to the energy transition and the sustainable decarbonisation of their respective businesses. As a collective, we have embarked on several impactful initiatives and projects that signal that commitment to cleaner energy, he said.
Also speaking, the Authority chief executive officer(CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, assured the Authority’s commitment to ensure Nigeria keys into the global energy transition plan, as the strategy is constantly evolving, driven by advancement in technology.
However, The Authority’s Chief Executive noted that, in the transition exercise, the sector and the country face energy poverty, old and insufficient infrastructures, growing energy demand and industrialisation, a vibrant young population, and few energy sources, among others.
“Despite that MOMAN has been a leader in the Nigerian oil and gas industry for decades, their members have powered homes, fueled industries, and propelled our economy. Now they have seen a Nigeria that is changing. Climate change is no longer a distant threat, but a present reality.” he stressed, adding that the need for clean, sustainable energy has never been more urgent.
According to him, MEMAN is not just adapting to this change – they are embracing it as they are not just responding to the regulator’s call for sustainability – they are leading it but are transitioning their members to a commitment for the good of all.
He further said, that the association is also looking at ensuring that businesses not only power Nigeria today, but also preserve Nigeria for tomorrow which will entail setting clear measurable goals related to renewable energy production, carbon emissions, and energy efficiency that should regularly be tracked and reported on these metrics to us to ensure transparency and accountability.
He further pointed out that, as the country embarks on this sustainability journey, it is important to understand the challenges that lie ahead and identify opportunities that await us as a nation.
“We are excited about the innovations we at NMDPRA are championing in the sustainability and energy transition space, and we are in tandem with an industry that has greatly evolved with time,” he said.