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Offline Ade Omo Ade

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Nigeria local content growth at OTC
« on: May 02, 2012, 09:22:26 AM »

The Federal Government of Nigeria has highlighted the remarkable growth in the development of local content in the nation’s oil and gas industry, stressing that passage of the Nigerian Content law in 2010 has paved the way for even greater local participation in the sector.
At the Offshore Technology Conference (OTC) in Houston, Texas in the United States of America, The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, said the exploits by local marketers, operators and service providers in the sector has vindicated government’s drive for indigenous participation in the industry.
She added that government was further motivated to push for more robust reform through the Petroleum Industry Bill, PIB, which will transform the nation’s oil and gas sector for the benefit of the Nigerian economy.
The Minister also acknowledged the “financial wherewithal and technological expertise and partnership that multinational companies and foreign companies operating in the Nigerian oil and gas industry, and we expect that they will continue with us for a very long time to come.”
 “It is really remarkable to see the tremendous progress that Nigerian operators and service providers have made over the past couple of years. I can only imagine what will happen in the oil and gas industry over the next three years if we continue to do what we are doing, and if we continue to move the frontiers that we are moving at this time.


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Nigeria local content growth at OTC
« on: May 02, 2012, 09:22:26 AM »


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