PTI Urges Early Inauguration of Africa Energy Bank for Energy Financing in Africa

The Petroleum Training Institute (PTI) advocates for the early inauguration of the Africa Energy Bank (AEB) to improve energy financing and accelerate sustainable growth in Africa. Dr.

Samuel Onoji, the Principal Chief Executive of PTI, emphasized the importance of enhancing energy access to promote economic growth and reduce energy poverty. The AEB, headquartered in Abuja, aims to provide low-interest rate funds for oil and gas projects in African countries.

PTI, established by the Nigerian federal government in 1972, plays a crucial role in training professionals for the oil and gas industry and maintaining partnerships with various countries and organizations.