The Valuechain Magazine Distinguished Ladies and Gentlemen
I am happy to welcome you today to the official launch of our new Oil and Gas magazine, The Valuechain, and a public lecture to commemorate this very historic event.
The journey to the realization of this event today began two years ago, when we observed that the reportage of the Oil and Gas industry needs to be redefined by inspiring the leadership of the industry to embrace modern managerial and strategic approach that will guarantee transparency, accountability and profitability by providing them with analytical reports of trends in the sector.
Our main objective is to contribute to the growth of a vibrant Oil and Gas sector that can compete favorably with its peers all over the world in terms of investment opportunities, ease of doing business, human capital development, and mainstreaming of environmental preservation in all of its business models.
Part of our mission is to uncover and present to the public, especially the local investors, all the opportunities that are abundantly available across the petroleum Value Chain, particularly those that still remain untapped after almost about six decades of petroleum exploration and production in Nigeria.
As enshrined in the principles of journalism, some of which are fairness & impartiality, truth & accuracy, humanity & accountability and last not the least, independence, The Valuechain magazine promises to uphold to these fundamental principles in the course of our professional conduct.
Beginning from today, The Valuechain magazine will be published monthly, both online and in print. Going forward, our readers, especially investors, managers, policy makers, scholars and all other stakeholders in the Oil and Gas industry will be provided with world class, investment grade financial and business intelligence, which can aid their investment decisions.
To launch this magazine, we have decided to organize a public lecture, the first in its series, and choose a theme that we believe needs to be discussed by industry stakeholders in order to find lasting solutions to the negative image painted about our country, often erroneously, especially by the foreign media on allegations bordering on corruption and lack of transparency.
Nigeria has suffered enough battering of image as it relates to corruption in the Oil and Gas sector in the last few decades, but we are glad that this administration has restored some level of confidence through the ongoing reforms which are now yielding results as against so many negative narratives in the past, where the country lost billions of naira through oil subsidy scams.
It is our delight that our guest speaker, in the person of the former chairman of EFCC, Mallam Nuhu Ribadu, who was also one time chairman of the Petroleum Revenue Special Taskforce some years back, is more than competent by any standard, to speak on this worrisome issue, having seen it all from critical lens of both positions held.
At this point, let me reiterate that we are not doing this to castigate anyone or cast aspersions on any public or private entity, but rather to chart a common course after better appreciation of our the problems that have for so long bedeviled the nation’s main revenue generating sector.
Like I said earlier, the public lecture will be a continuous annual event of the Valuechain magazine. Furthermore, we also intend to promote harmony and healthy living among all stakeholders in the industry, public or private, through the use of sports. To this end, an annual golf tournament is being considered as a vehicle to achieve this, and I hope that in no distant future, we will gather once again not only to discuss the health of our national economy but to also promote a healthy lifestyle and wellbeing of individual stakeholders.
Remember, a healthy nation is a wealthy nation.
Finally, we thank you very much for being with us today. May God bless you all for coming. Thank you once again.
Musa Bashir Usman
Publisher/Editor-In-Chief
