The Federal Government, through the Petroleum Technology Development Fund, has called for stronger private sector participation in Nigeria’s midstream and downstream petroleum sectors, saying increased crude production must be matched with investment in refining, gas processing, pipelines, storage, logistics and human capital.
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, made the call at the inaugural 2026 Petroleum Technology Development Fund Journal Summit on Wednesday in Abuja, where he said the ongoing reforms in the petroleum industry were designed to restore investor confidence and create a more predictable environment for private capital.
The PTDF Journal has historically provided a platform for research and technical knowledge on Nigeria’s petroleum industry. PTDF has described its publications as part of its broader commitment to education, research and innovation, while its intervention repository currently records 15,639 sponsored scholars and more than 1,700 research items.
The summit was organised around the theme, “Private
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