General

Pay less attention to oil investment, Anyim tells Nigerians

… Says sector’ll be irrelevant in 15 years time

By  Samuel Amah-Ugbor, Abakaliki

A former Secretary to Government of the Federation, Senator Pius Anyim, has charged Nigerians to pay less attention to investment in the oil and gas sector, saying oil exploration might not be relevant in 15 years to come.

This is even the former President of the Senate called on Nigerians  to prepare for the technological innovations of the 21st Century that would soon render some existing facilities and services obsolete in the country, pointing out that the world will not wait for Nigeria to move on.

Anyim stated this while delivering a Lecture entitled, “Preparing for the Second Quarter of the 21st Century” at 2020/2012 Law Dinner organised by Nigeria Bar Association (Rock Bar), Afikpo Branch, in the Afikpo North Local Government Area of Ebonyi State, on Monday.

According Anyim, consequent upon the scientific innovations came with the 21st Century, the year 2021 was billed to bring about changes in various sectors of the economy.

Anyim said, “In the years ahead, citizens will begin to loose their privacy. SMSs will soon disappear. Computer keyboards will disappear and be replaced with voice control media. Things will likely change in the next few years.

“Petrol engine cars will be replaced electricity driven vehicles. Oil companies and exploration will soon disappear in the years ahead. And the sector will be irrelevant. We should start to prepare. Electricity generation and distribution will soon disappear. In the next years people will begin to generate their own power. The grid system will soon disappear.

“We should be care with investment and commercial decisions because very soon it might be obsolete. COVID-19 has taught us that you don’t need to move to get work done. We need to prepare for this. 5G has come to stay. You can’t escape it. China is working on 6G. For speedy connectivity. The argument against 5G is unnecessary. In the nearest future you don’t need keys to open your doors.

“Facial and voice recognition will replace many services; most of us will leave through this period. Before 2021 gets over, many things around us will change. You should expect my prediction in the next 15 years. The revolution is inevitable – Industry 4.0.”