THE ROLE OF INTERNATIONAL ENERGY OF NIGERIA'S OIL AND GAS INDUSTRY AN EVALUATION OF THE WORLD ENERGY SUMMIT'S INFLUENCE

Abstract

This study evaluates the role of international energy platforms, particularly the World Energy Summit, in shaping Nigeria’s oil and gas industry. Using a descriptive survey design, quantitative data were collected from 150 industry stakeholders through structured questionnaires, while qualitative insights were obtained from 15 key informants via semi-structured interviews. Quantitative findings revealed that Nigeria’s participation in the Summit positively influences policy formulation, investment attraction, technological adoption, and global competitiveness. Qualitative results further indicated that engagement in the Summit facilitates knowledge exchange, international networking, and strategic visibility, reinforcing Nigeria’s position in the global energy landscape. The study concludes that sustained and strategic involvement in international energy platforms is critical for advancing Nigeria’s oil and gas sector. Based on these findings, recommendations include strengthening policy integration, promoting investment and technological adoption, enhancing stakeholder capacity, and sustaining global engagement.