{"id":10565,"date":"2017-01-26T13:34:14","date_gmt":"2017-01-26T12:34:14","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=10565"},"modified":"2017-01-26T13:34:14","modified_gmt":"2017-01-26T12:34:14","slug":"how-investorsll-gain-from-sectors-12tr-by-ladol-chief","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/how-investorsll-gain-from-sectors-12tr-by-ladol-chief\/","title":{"rendered":"How investors\u2019ll gain from sector\u2019s $12tr, by LADOL chief"},"content":{"rendered":"

Investors\u00a0 stand to benefit from\u00a0 the opportunities in the oil and gas sector worth $12trillion, the Chief Executive Officer, Lagos Deep Offshore Logistics base (LADOL), Dr Amy Jadesinmi, has said.<\/p>\n

Presenting a paper titled: \u201cBusiness leaders to promote $12 trillion global economic development target,\u201d at a conference organised by the Business and Sustainable Development Commission (BSDC) in London, Jadesinmi said the investments spaned\u00a0 oil and gas, agriculture, maritime, Information Technology (IT), industry, and banking.<\/p>\n

Areas affected by environmental pollution during exploration and production, she said, would also benefit from the investments, adding that carbon emissions and pollution have compounded the woes of operators in the sector, thereby making it difficult for the industry to record the desired growth.<\/p>\n

She urged the Federal Government to leverage the opportunity to develop critical sectors of its economy, especially petroleum.<\/p>\n

A member of the 36-member Commission drawn from petroleum, business, finance, civil society, labour, and international organisations across the world, Jadesinmi believed that the initiative would bring about more opportunities for countries.<\/p>\n

Citing the report of the Commission, Jadesinmi said: \u201cBeyond the $12 trillion estimated, conservative analysis shows potential for an additional US$8 trillion of value creation across the wider economy, if companies in the oil sector and others embrace the idea.<\/p>

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She said at the heart of the Commission\u00a0are the Sustainable Development Goals\u2019s 17 goals of eliminating poverty, improving education and health outcomes, creating better jobs and tackle oil pollution and other\u00a0key environmental challenges by 2030.<\/p>\n

She said: \u201cThe Commission believes the Global Goals provide the private sector with a new growth strategy that opens valuable market opportunities, while at the same time, creating a world that is both sustainable and inclusive. And the potential rewards for doing so are significant. We need to show these ideas work not just in a report but on the business frontline.\u2019\u2019<\/p>\n

She noted that last year the Commission tackled questions, such as How to address challenges facing the oil, banking and other sectors of the economy globally, and what will it take for business to be central to building a sustainable market economy?<\/p>\n

\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Investors\u00a0 stand to benefit from\u00a0 the opportunities in the oil and gas sector worth $12trillion, the Chief Executive Officer, Lagos Deep Offshore Logistics base (LADOL), Dr Amy Jadesinmi, has said. Presenting a paper titled: \u201cBusiness leaders to promote $12 trillion global economic development target,\u201d at a conference organised by the Business and Sustainable Development Commission …<\/p>\n","protected":false},"author":11,"featured_media":10566,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23],"tags":[1514],"coauthors":[2392,2393],"class_list":["post-10565","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","tag-ladol"],"yoast_head":"\nHow investors\u2019ll gain from sector\u2019s $12tr, by LADOL chief - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/how-investorsll-gain-from-sectors-12tr-by-ladol-chief\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How investors\u2019ll gain from sector\u2019s $12tr, by LADOL chief - National Wire\" \/>\n<meta property=\"og:description\" content=\"Investors\u00a0 stand to benefit from\u00a0 the opportunities in the oil and gas sector worth $12trillion, the Chief Executive Officer, Lagos Deep Offshore Logistics base (LADOL), Dr Amy Jadesinmi, has said. 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