COVID-19 pandemic has created opportunities for stakeholders in all sectors of the economy to embrace innovation and creativity.
The Vice president, Yemi Osinbajo, made this known at the 14th Annual Conference of the Nigerian Association of Energy Economics, in Abuja, on Monday.
Speaking at the event, Osinbajo who was represented by Ahmad Zakari, his special adviser on infrastructure, said despite the damage, the pandemic has created an opportunity for people to think outside the box — bringing about innovation.
“The energy sector as one of the most critical sectors of all economies was impacted adversely by the pandemic due to lockdowns and restrictions in movement of people and halt of operations of many energy organisations,” he said.
“This brought huge losses for both public and private organisations, we also know that COVID-19 caused global damage in the global economies but it provided a unique opportunity for thinking out of the box for solving most of the problems in the world.”
“Looking at the level of academics among you, I have no doubt that you will bring out ways the energy sector will use to come out of various challenges that the pandemic has presented in the sector,’’ he said.
Osinbajo said the Nigeria oil and gas sector had been coming up with projects that had the potential of evolving the sector.
He called on all participants to use the conference to proffer way forward for the growth of the nation’s oil and gas sector.