*Says company not keen on waivers
08 August 2018, Sweetcrude, Lagos — The Nigerian Petroleum Development Company, NPDC, the production subsidiary of the Nigerian National Petroleum Corporation, NNPC, has promised to comply with the provisions of the Nigerian and Oil and Gas Industry Content Development, NOGICD Act.
The Managing Director of the NPDC, Mr. Yusuf Matashi made the commitment on Monday in Abuja during a meeting with the Executive Secretary of the NCDMB, Engr. Simbi Kesiye Wabote.
According to him, the company would not be seeking waivers from the Board for its projects, rather it would abide by the provisions of the Act, especially as it relates to carrying out competitive bidding and utilizing Nigerian oil and gas service companies and locally manufactured goods and services.
Matashi assured that the company would approach the Board to obtain Nigerian Content Plan, NCP approval as required by the NOGICD Act for all its future projects in excess of one million dollars. NCP sets out work scopes that would be executed in-country and guides project execution and monitoring. He promised to direct the company’s personnel on the primacy of Nigerian Content guidelines to project execution.
The Managing Director also solicited the Board’s support to develop and institutionalize Nigerian Content systems and processes within the NPDC to ensure compliance. Part of the support his company would need, he noted includes workshop or training for staff of NPDC on Nigerian Content requirements and processes.
In his comments, the Managing Director of NETCO, Mr. Yakubu Mustapha stated that his subsidiary is a major beneficiary of the Nigerian Content Act. He added that NETCO could not have been able to compete with its international counterparts but for the Nigerian Content Act which has enabled it to grow and build requisite capacity.
In his comments, the Executive Secretary underscored the need for close collaboration between the Board and NPDC. He charged NPDC to be a role model for the industry in terms of Nigerian Content compliance, considering especially that the NNPC played leading roles in the development and enforcement of the Nigerian Content policy and the establishment of the NCDMB.
Top management of the Board at the meeting were the Director Planning, Research & Statistics, Mr. Daziba Patrick Obah; Director Monitoring & Evaluation, Mr. Akintunde Adelana and General Manager, Projects Certification and Authorization Division, PCAD, Engr. Paul Zuhumben and Engr. Abayomi Bamidele, Special Technical Adviser to the ES & General Manager Strategy & Special Projects.
The MD of NPDC was accompanied by the Executive Director, Asset Management, Mr. Raifu Oyewole Oyedele while the MD of NETCO was accompanied by the Manager Projects Controls, Mr. Isokariari Soibi.