Nigeria’s wholly indigenous oil company, Oando Energy Resources, has said the oil industry will continue to suffer the fallout of the coronavirus pandemic despite the measures put in place by oil companies and governments globally.
The company noted that the phenomenon has also brought about the need to embrace renewables as the future of energy, arguing that the cost and processes in the development of renewable energy was far less than that of fossil fuels.
Chief Operating Officer, of the company, Dr. Alex Irune, who spoke during a podcast with African Business, stressed that Covid-19 had substantially changed the way