By Nnasom David

In a game-changing move poised to reshape Nigeria’s oil and gas industry, Dr. Doghor Boyo, CEO of DEP Multifunctional Services Ltd, has announced a N23 billion technological roadmap designed to modernize the sector, improve efficiency, and integrate sustainable practices.

Speaking at a press conference in Abuja, Dr. Boyo described the initiative as a “comprehensive response to the systemic inefficiencies that have long plagued Nigeria’s energy landscape.”

“This is not just about DEP,” he said. “It’s about redefining how we operate as an industry. We are introducing a smarter, cleaner, and more transparent oil sector—one that meets global standards and secures a future for the next generation.”

The multi-billion-naira project, according to Dr. Boyo, will center on digital infrastructure, automation of oil production processes, and renewable energy integration. One of its core objectives is to reduce Nigeria’s dependence on outdated systems while fostering local expertise through capacity-building programs.

“We are investing in people as much as we are in machines,” Dr. Boyo said. “Without skilled hands to drive innovation, technology becomes meaningless. That’s why a significant portion of this investment will go into training young Nigerians to manage and maintain the systems we’re putting in place.”

DEP Multifunctional Services, which has worked with major players including Oando, Chevron, and Mobil, says its partnerships will be critical to the success of the initiative. Dr. Boyo emphasized that collaboration across the public and private sectors is essential to unlocking the full potential of the oil industry.

“Gone are the days of working in silos. Our strategy is built on synergy, where innovation meets experience, and local knowledge meets global expertise,” he said.

Dr. Boyo, who was recently awarded an honorary doctorate by Prowess University in recognition of his contributions to the oil and gas sector, also reiterated his commitment to national development beyond corporate interests.

“A strong oil industry must reflect not just economic prosperity, but also security, youth empowerment, and environmental responsibility,” he said. “We owe it to the country to build something lasting.”

With Nigeria facing mounting pressure to diversify its economy and embrace cleaner energy, the announcement has already drawn attention from industry regulators and investors.

“This initiative is a timely intervention,” said an official from the Department of Petroleum Resources who attended the event. “If implemented effectively, it could serve as a model for oil-producing nations in the Global South.”

As DEP embarks on this ambitious journey, stakeholders will be watching closely to see whether this technological pivot can truly reshape one of Nigeria’s most vital—yet troubled—sectors.

“This is not a promise,” Dr. Boyo concluded. “It’s a plan. And we’re ready to deliver.”