PENGASSAN says Local Content Law not working

Pengassan11 November 2013, The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has said the local content law signed by President Goodluck Jonathan to give indigenous oil and gas companies’ sense of belonging in the sector has not had meaningful impact on the oil and gas sector.

Its National Executive Committee member, Mr Foluso Oginni, who spoke to reporters, said the country’s contracts in the oil and gas sector are dominated by the international oil companies leaving the crumbs for the indigenous ones.

According to him, the international oil companies are violating their expatriate quota, giving them the opportunity to bring in various services, which can be taken care of by Nigerians.

Oginni recalled the situations where some international oil companies brought in artisans from abroad, adding the development is a reflection that these companies have little or no regard for the content laws.

He noted that the international oil companies flout the local content laws in connivance with corrupt immigration officials, which assisted them to bring in all manner of expatriates’ into the country.

Oginni, while giving his support to the ongoing House of Representatives probe of major oil and gas companies for flouting the nation’s local content law, said the development would go a long way in curbing the companies’ excesses.

He implored the lawmakers to also beam their searchlight on the activities of corrupt immigration officials, who assist the oil companies to make mess of the nation’s content law, explaining that doing so would enable the Federal Government and policy makers re-evaluate the import of the law with a view to enabling to achieve its set objectives.

On the increasing crude oil theft in the country, he said the Federal Government has not demonstrated the required seriousness to nip the practice in the bud, wondering why the Federal Government with its security apparatus, continually raised the alarm over the helpless situation of the theft in the country.

– The Nation

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