DistantNews
Support us

PTDF: Human Capital Key to Energy Security, FG’s $1tn Economy

From ThisDay · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • The Petroleum Technology Development Fund (PTDF) identifies human capital development as essential for Nigeria's energy security and its $1 trillion economy goal.
  • Continuous training and investment are crucial for a skilled workforce capable of meeting the evolving demands of the energy sector.
  • PTDF reaffirms its commitment to collaborating with unions like PENGASSAN to ensure human capital initiatives align with industry needs.

The Petroleum Technology Development Fund (PTDF) has identified human capital development as a critical factor for strengthening Nigeria's energy security and achieving the federal government's ambitious goal of a $1 trillion economy.

Speaking at the 5th PENGASSAN Petroleum and Energy Labour Summit (PEALS) 2026 in Abuja, PTDF Executive Secretary Prof. Shu’aibu Aliyu emphasized that continuous training and investment in human capital are fundamental to the energy sector's effective functioning. He noted that operations, regulation, and other vital areas require a workforce possessing the appropriate skills and competencies.

Aliyu called for sustained investment to develop a skilled, adaptable, and future-ready workforce. This workforce must be capable of responding to the dynamic demands of Nigeria's energy industry. He stressed that strengthening worker capacity is essential not only for the energy sector's operations but also for the country's broader economic development objectives.

The PTDF executive secretary reaffirmed the Fund's dedication to deepening collaboration with the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and other stakeholders. This collaboration aims to ensure that human capital development initiatives remain responsive to the industry's needs. Aliyu concluded by urging stakeholders to renew their commitment to building the workforce necessary to support Nigeria's energy future, stating, "Let us commit today to investing in our people, for when we build the workforce, we build the nation."

Let us commit today to investing in our people, for when we build the workforce, we build the nation.

— Prof. Shu’aibu AliyuPTDF Executive Secretary emphasizing the link between investing in people and national development.
DistantNews Editorial

Originally published by ThisDay. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.