A Review of the Nigerian Energy Industry

NNPC to promote in-country technology

*Dr. Maikanti Kacalla Baru.

OpeOluwani Akintayo

14 November 2017, Sweetcrude, Lagos – The Nigerian National Petroleum Corporation, NNPC, has pledged to promote the development and commercialisation of home-grown technology in collaboration with the Nigerian Content Development and Monitoring Board, NCDMB.

In a statement signed by the Group General Manager, Group Public Affairs Division, Ndu Ughamadu on Tuesday, Group Managing Director of the corporation, Maikanti Baru, said the effort would be driven by the Research and Development arm of the corporation.

Throwing more light on the plan, Baru said the collaborative effort with the NCDMB was already manifesting with the joint establishment of research clusters that will specialize in different areas of the oil and gas activities.

The GMD declared that Nigeria was in dare need of urgently clawing back from foreign yards, most fabrication works and other services in the industry to boost the contribution of the industry to the nation’s Gross Domestic Product, GDP.

“The new operating philosophy should lay emphasis on in-country manufacturing, job creation, skills development, technology development, capital retention, research and development and fostering sectorial linkages with other critical sectors of the economy in order to drive industrialisation,’’ he said.

Baru revealed that the corporation was currently in collaboration with NCDMB with a view to aligning the Nigerian Petroleum Exchange, NipeX portal and the Nigerian Oil and Gas Industry Content Joint Qualification System, NOGICJQS portal, to adequately capture the capacity of local companies.

He called for a closer examination of the compliance level of the extant legislation and policy on Nigerian Content to evolve new models that would shape the policy and legislation on the subject in many areas.

 

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