The Federal Government has approved a seven-year contract extension for Brevity Anderson Consortium as conference producers and organisers of the Nigeria International Energy Summit (N.I.E.S) formerly known as Nigeria International Petroleum Summit.

The extension was approved following a Federal Executive Council (FEC) review and approval.

A statement by the event producers on Monday said Lai Mohammed, the Minister of Information and Culture, had recently briefed the media after a routine FEC meeting on the contract extension.

Mohammed said the Minister of Petroleum Resources presented a memo to FEC for a seven-year contract extension between Ministry of Petroleum Resources and Messrs Brevity Anderson Consortium as consultants and producers of the Energy Summit.

The minister while stating that the memo was approved by the council said that the summit was conceptualised as a pan-African and business conference for furthering Africa’s energy integration in the continent.

He said it had reduced the need for Nigeria to lead large delegations to the annual Offshore Technology Conference in Houston, USA.

“We have been able to save a considerable amount of foreign exchange, we have been able to attract foreign exchange and we have also been able to attract more jobs through this summit,” Mohammed added.

James Shindi, the Nigeria International Energy Summit Project Director and Chief Executive, Brevity Anderson, said that some of the remarkable outcomes from the N.I.E.S had been embraced by the government, policy makers and the industry as a whole.

“Social benefits from the event have trickled down to include massive uptick in the patronage of the hospitality industry and the involvement of Nigerian artistes and cultural ambassadors.

“We are indeed very proud of what have been able to achieve with the summit from inception,” Shindi said.

The News Agency of the Nigeria (NAN) reports that the sixth edition of the summit, which debuted in 2018, will hold from April 16 to April 20, 2023, in Abuja.

The the theme of the summit is: “Global Perspectives for a Sustainable Energy Future.” (NAN)(www.nannews.ng)

Source: News Agency of Nigeria