Speaking at the PTDF National Board of Trustees Meeting on Endowment, Manager, Strategic Planning, Research and Documentation of the PTDF, Mr. OlayinkaAgboola, blamed the funding challenges facing the Board and the research programmes on the non-release of the PTDF operating allocations.
He also identified the new Federal Government policy on the Treasury Single Account, TSA, for the attendant delays in release of funds by the universities and institution to the endowed Chairs.
To address these, he said, “It is expected that PTDF Operational Fund Allocations will improve, which would enhance its capacity to adequately fund the endowment programme; the need to get industry support for the establishment of two standard research laboratories in-country to enhance quality research outcome.
“Presently, the NNPC Research and Development Department is on board; the Nigerian Content Development Monitoring Board, NCDMB is on also. We want to work together to see how we can make facilities available for researches across the country, especially those researches that are dedicated to the oil and gas industry. I am hoping this meeting would kick-start that process.”
Gusau further stated that the plan for setting up the research facilities, beginning with about two or more, had been going on for some time now, among the PTDF, NNPC and NCDMB and had reached advanced stages. According to him, if the country had such facility in centralized location, researchers from across Nigeria would come and avail themselves of such facilities to conduct their research.
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