Trending Story

NNPC to Sustain Support for Indigenous Oil, Gas Firms  

673

The Nigerian National Petroleum Corporation (NNPC) has pledged to sustain and enhance existing support for indigenous oil and gas companies in line with the spirit and letters of the Nigerian Content legislation which ultimately seeks to enthrone efficient and profitable indigenous capacity utilization across all tiers of the industry.

Speaking at the end of a tour of an ultra-modern workshop and fabrication yard of a Warri-based indigenous firm, Lee Engineering and Construction Company Limited (LECCL), Group Managing Director of the NNPC, Dr. Maikanti Baru, said the NNPC would continue to encourage companies like LECCL that have shown utmost faith in the oil and gas industry through massive investments in capacity building and machinery.

Describing the Chairman of the company, Dr. Leemon Ikpea, as visionary, the NNPC GMD said it was encouraging to see the level of equipment and investment in Engineering Procurement and Construction (EPC).

He noted the highly skilled indigenous man power on offer in the fabrication yard and stressed that the company had produced lots of equipment that could have been done outside the country thereby saving the nation lots of money in foreign exchange.

“The Nigerians I have seen all over the workshop can definitely do what any expatriate can do. They operate computer-controlled machines, laser machines, automated rolling machines, these are very complex machines to operate”, he said.

Dr. Baru said the only thing leaders in the oil and gas industry like him could do is to see how best to support companies like LECCL to ensure that the machines which require continuous operation were kept running.

“My visit here, essentially is to reinforce my commitment to local content because we are champions of local content and I believe in local content. And seeing that somebody who is not in NNPC does not only believe in local content, but also practices it, the only thing we can do is to see how best to support him”, the NNPC GMD said.

Earlier in his welcome address, Dr.  Ikpea, commended Baru for accepting to visit the company despite his busy schedule. He informed that the company commenced operation about 28 years ago from a 40-feet container office and had through the year metamorphosed into a leading EPC company with outreach in Milan, Italy.

The LECCL Chairman listed some of the big ticket engineering projects completed by the indigenous company using wholly indigenous manpower to include the rehabilitation of the NNPC/PPMC Jetty in Okrika and the recent revamp of the NPDC Odidi Gas plant among others.

 

Leave a comment

Related Articles

2Face’s Marriage to Natasha in Turmoil After Dramatic Confrontation on Daddy Freeze’s Show

Nigerian music icon Innocent Idibia, popularly known as 2Baba, appears to be...

Arsenal Holds Chelsea to 1-1 Draw at Stamford Bridge

Arsenal and Chelsea played out a thrilling 1-1 draw in their English...

Mohamed Salah’s Stellar Season Recognized with PFA Player of the Year Award

Mohamed Salah’s incredible form last season has been recognized with the Professional...

From Ashes to Glory: AY Comedian Thanks God 2 Years After Mansion Fire

Nigerian comedian and filmmaker Ayo Makun, popularly known as AY, has finally...

Tinubu Dispatches Delegation to Cheer on D’Tigress at AfroBasket Final in Abidjan

President Bola Tinubu has dispatched a high-powered government delegation to Abidjan to...

Breaking: Tinubu Renames University of Maiduguri Muhammadu Buhari University

President Bola Tinubu has announced the renaming of the University of Maiduguri...

I took risks, pushed boundaries to sustain my brand for 20 years – Mercy Aigbe

Mercy Aigbe has taken a moment to celebrate her journey in the...

NPA unveils simplified export processes for investors, traders, sets up terminals — Dantsoho, MD/CEO

The Nigerian Ports Authority (NPA) has announced the introduction of simplified export...

Tinubu, Abiodun, Sanwo-Olu, others extol Pastor Tunde Bakare at 70

Pastor Tunde Bakare, the founder of Citadel Global Community Church, is a...

Emirship crisis: Kano govt. allocates N99.9m for Nassarawa mini-palace renovation

In response to the court’s order reinstating him, the Kano State Government...

Nigeria’s foreign exchange reserves up by 5 percent to $33.58bln

Nigeria’s foreign exchange (FX) reserves have increased by five percent in the...

Billionaire philanthropist Tony Elumelu mulls buying NPFL team

As part of his corporate social responsibility, billionaire banker and philanthropist Tony...

Terry G speaks on Davido, Wizkid, and Burna Boy rivalries, faces backlash from fans

Nigerian music sensation Terry G, also known as the Apako master, has...

Dani Alves pays €1m bail, set to leave Spanish jail

Former Brazil and Barcelona star Dani Alves, convicted of rape in Spain,...

World TB Day: 70 percent of TB cases in Africa now being diagnosed and treated – WHO

The World Health Organization (WHO) has disclosed that about 70 percent of...

13th AAG: Tobi Amusan wins gold in women’s 100m hurdles

The Nigerian sprint star, Tobi Amusan, won gold in the women’s 100m...

FG approves N12.7bln for mass metering of army barracks nationwide

The Federal Government says it has released N12.7 billion to provide electricity...

Women’s Day: Tinubu felicitates women, vows to prioritise their welfare, rights

President Bola Tinubu has promised to prioritize the welfare of women, protect...

All African Games: Nigeria’s Flying Eagles start their campaign on a losing note

The Flying Eagles of Nigeria started their campaign in the men’s football...

EFCC sets up task force to combat dollarization of economy, mutilation of naira

The Economic and Financial Crimes Commission (EFCC) has announced the setting up...