Browsing: Nigerian Content Act

According to him, “The gas policy intends to move Nigeria from an oil-based to an oil and gas-based industrial economy, which will be driven by the core principles including separating the respective roles and responsibilities of government and the private sector; establish a single independent petroleum regulatory authority.”

“Our advice however is that government should not politicize it, they should identify those who are already in the business and leverage on their expertise as well as enhance their capacities. Those with some kind of experience will be easier to train for the pilot scheme and we shall be more than willing to work with government to showcase our skills, before now they had branded us illegal.”

He stressed that the project would utilize capacities and facilities that were developed on past project charged the promoters to exceed the Nigerian Content performance achieved on the Egina deep water project, including the partial integration and fabrication of the Floating, Production, Storage and Offloading (FPSO) platform.