NCDMB, Waltersmith win WIEN’s gender diversity awards

NCDMB, Waltersmith win WIEN’s gender diversity awards

WIEN DIGEST
The Nigerian Content Development and Monitoring Board (NCDMB) and Waltersmith Petroman weekend emerged the two of the leading institutions recognized and celebrated for promoting gender diversity in the Nigerian petroleum industry, earning themselves the rare awards from the foremost Nigerian gender capacity advocacy group, Women in Energy Network (WIEN). In its premier end of year party and award night where it rolled out about 17 awards to corporate organizations and individuals for optimizing the full potentials and capacity of women in driving national economic and social development, WIEN named the NCDMB as the Most Gender Inclusive Agency in 2022. The group also awarded Waltersmith Petroman the Best Workplace for Women in 2022. The event, which was hosted at La Scala Restaurant, Ikoyi, provided forum for induction of new members in…
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Female capacity offers opportunity for accelerated economic growth __WIEN

Female capacity offers opportunity for accelerated economic growth __WIEN

WIEN DIGEST
The Nigerian economy holds potential to accelerate growth and development by 2025 if women are provided the opportunity to play exactly the same role as men in corporate leadership and economic management in the country. The assertion forms one of the key policy proposals emerging from the Annual General Meeting (AGM) of Women In Energy Network (WIEN) which was simultaneously hosted on physical and virtual platforms weekend from Lagos. The group which comprises professional ladies in petroleum, electric power, renewable energy and associated industries reviewed the finding of McKenzie Institute which shows that 26 percent or roughly $25 trillion of global Gross Domestic Product (GDP) could be added to the world economy by 2025 if women are empowered to make proportionate contributions with men. Some in-person participants at the AGM…
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Energy pundits demand regulation on gender diversity

Energy pundits demand regulation on gender diversity

WIEN DIGEST
Professionals and technocrats in the energy industry have demanded government to evolve deliberate policies for gender balancing and diversity in the management and boards of public and private entities in the Nigerian corporate community, arguing that enhanced gender parity would accelerate Nigeria’s quest for resource diversification in the sector. * Some WIEN members physically in attendance In achieving gender balance in the energy sector, panel discussants at the Energy Sustainability Conference hosted by the Energy Institute of Nigeria (EIN) in collaboration with Women in Energy Network (WIEN) in Lagos agreed that government should enact a legislation that not only promotes women education but also pave the pave the way for their career advancement. They hammered on the need for a policy that deepens gender equality across full spectrum of education,…
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Africa’s refining gaps fuel supply, economic crisis

Africa’s refining gaps fuel supply, economic crisis

WIEN DIGEST
The inability of African countries to develop commensurate refining capacity to meet internal fuel consumption is responsible for the myriad of economic woes associated with reliance of mass importation of petroleum products. Women in Energy Network and other industry groups who spoke at the last sessions of the just concluded Oil Trading and Logistics (OTL) Africa Downstream Week in Lagos pointed at the inverse relationship between Africa’s rising fuel demand and lowering capacity to process crude oil and condensate into consumable products. Besides the mismatch between demand and refining, the panelists observed that reliance on imported petroleum products into the economy has become a major cost driver for players, government and consumers in the domestic market. It would be recalled that one of the key disputes in the ongoing efforts…
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OTL 2022: Speakers advocate all-gender capacity in developing the economy

OTL 2022: Speakers advocate all-gender capacity in developing the economy

WIEN DIGEST
Limited access to good education and venture capital, gender and cultural bias, and social stereotype form key inhibitors to proportionate female representation in the petroleum industry. And until workplace gender imbalances are addressed, the current effort for the growth and development of the sector will remain an idle fancy. These form key conclusions of the panelists who spoke on Tuesday, the second day of the on-going African Downstream Week organized by Oil Trading and Logistic (OTL) in Lagos. The panel discussion sought to drive gender equality and diversification in the industry which currently dominated by male professionals; and the goal of the policy debate is to harness full human capital to promote the growth and development of oil and gas industry in Nigeria and Africa. President of WIEN, Mrs Funmi…
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