Mr Obafemi Olawore, the Executive Secretary, Major Oil Marketers Association of Nigeria (MOMAN), has retired from the organization after 17 years in the saddle.
He is however succeeded by Mr Clement Isong.
Isong, at a news conference in Lagos, said that Olawore’s exit would create a serious vacuum for the association.
According to him, Olawore at several times championed the need for liberalization of the downstream sector of the Nigerian oil and gas industry to attract more investors.
Isong said that having mounted the saddle as the first Executive Secretary of MOMAN at a time of great uncertainty, Olawore was able to advance the objectives of the organization while championing its position at major policy dialogue sessions.
“Olawore was Executive Secretary of MOMAN for 17 years and his tenure was excellently managed.
“It is on record that Olawore acquitted himself well on the job, liaising with all the major regulatory organizations such as DPR, PPPRA, PEF and others supervising the operations of the downstream sector as well as forging alliances with other industry on critical industry positions.
“A firm believer on the need for a deregulated downstream as opposed to operating in a subsidy regime where the government dictates prices.
“Olawore believes that Nigeria needs to borrow from successful market and competitive models where the market dictates prices and competition raises value and innovation to the benefit of the consumer,” he said.
The new scribe, however, said that the strides and achievements over the years of his predecessor would create a strong launch-pad for the next phase in the history of MOMAN.
Responding, Olawore lauded the support of the management in providing an enabling environment for him to work.
The retired MOMAN scribe said that Isong is equally an experienced industry professional, who previously plied his trade at Total Nigeria.
He said Isong held various senior management positions across the company’s Africa operations from Nigeria to South Africa before taking up his new appointment as the Executive Secretary of MOMAN.
MOMAN is an industry comprising all the major players in Nigeria’s downstream oil and gas industry, which include Total, 11Plc (formerly Mobil Oil Nigeria), Conoil, Forte Oil, OVH Energy and MRS.
Amaka E. Nliam