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Late Aret Adams


Engr. Ademola Adeyemi-Bero, Managing Director/CEO, First Exploration & Petroleum Dev. Company Limited and Basil Omiyi (former Country Chairman/MD, Shell Petroleum Dev. Company Ltd and Chairman, StanbicIBTC Bank Plc) will be the Guest Speaker and the Chairman respectively at this year’s 16th Annual Aret Adams Memorial lecture series slated for 28th February, 2019 at the Muson Centre (Agip Recital Hall) 8/9, Marina, Onikan, Lagos. The event will start by 11.00am prompt.

The Programs Coordinator of Aret Adams Foundation, Akin Jokojeje, said this year’s lecture which is the 16th in the series, also has as Panelists for the event; Nosa Omorodion of Schlumberger Nigeria Limited, Bank Anthony Okoroafor, President, Petroleum Technology Association of Nigeria (PETAN) and Roosevelt M. Ogbonna, Group DMD, Access Bank Nigeria Plc, While the theme for the annual lecture is tagged “Emerging Middle-Level Producers in Oil & Gas: Challenges and Opportunities”

As expected, major players and stakeholders in the Oil and Gas industry, financial institutions as well as captains of industries are expected at the event.

He said that the Foundation was established in honour of the late Chief Godwin Aret Adams, the first Group Managing Director of the Nigerian National Petroleum Corporation (1988 to 1990), who later became the Special Adviser on Petroleum Resources to former Head of State, Federal Republic of Nigeria, Gen. Abdulsalam Abubakar (rtd) in 1998, adding that Aret Adams made outstanding contributions toward the growth of Nigeria’s Oil & Gas industry and the nation’s economy in general.

The Foundation, Jokojeje said is aimed at promoting and building educational capacity and policy formulations. He disclosed that the National Energy policy delivered to the Federal government in April 1980 was formulated by the late Aret Adams and that it was him that re-energized negotiations that led to the successful execution of shareholders agreements for the execution of the Nigeria Liquefied Natural Gas (NLNG) project in 1989 and many others.

He went further to reveal that the Foundation has institutionalized the Aret Adams Professorial Chairs at the University of Port Harcourt in collaboration with Shell Petroleum Development Company (SPDC).

In addition, the Late Chief Aret Adams was a Geologist per excellence during his life time and an alumnus of the University of Ibadan.  This has propelled the Foundation to be giving scholarship awards to the best selected Post Graduate students in Geology of the University of Ibadan on yearly basis to assist them in the pursuit of their degree programmes.

Also giving an insight into the forthcoming annual lecture, the Chairman, Board of Trustees of the Foundation, Engr, Charles Osezua OON, KSG noted that Chief Aret Adams left behind legacy of excellence and transparency in government transactions, development through market growth, good business value, free market competition and many more, which have reflected in many lives he touched, irrespective of tribe or religion affiliations while he was alive. It was these sterling virtues and ideals that motivated few colleagues and associates of him to establish the Foundation in 2003 to propagate and sustain the life-long dreams of the late Godwin Aret Adams”.

The BOT Chairman also revealed that the topic for this year’s lecture is aimed at focusing attention on the growing production capacity of the indigenous oil and gas companies (IOC) and also provide insight on how they have overcome the challenges, with particular emphasis on funding in an uncertain political environment.

One of the major highlights of this year’s lecture would be the presentation of scholarship awards to another set of Post Graduate students in Geology of the University of Ibadan.


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