Harboursandport.com: Lagos --- In line
with federal government policy on local content involvement in execution of
projects in the country, the $16 billion Total Nigeria Plc, Egina platform that
just berthed at the Lagos Deep Offshore Logistics, LADOL base in Lagos, has
achieved 30 percent compliance.
Disclosing
this at the LADOL facility during an inspection tour of the platform, Senator
Yayi Adeola, Chairman Senate Committee on Local Content, expressed satisfaction
with the level of local content involvement in the completion of the Egina
project.
He said
the 30 percent of the project was locally sourced and expressed hope that it
would increase to about 50 percent in the nearest future.
According to him, “we have
the knowledge Act that is already in operation and we are also planning to
cover other line sectors including maritime, manufacturing, information
technology, construction and all other sectors.
“This is
only about oil and gas and by the time we go into other sectors you will find
out that local content has come to stay and Nigerians can start investing in
their own country without any fear whatsoever and they are sure that the market
is there for their products to be taken up as so they are produced. On our own
as law makers we are working round the clock to ensure the full implementation
of the knowledge Act by the National Assembly.
“Just to
show that our determination to ensure that local content in our country has
come to stay because our local content is about domiciliation and domestication
and the this project put together, there is an estimated fabrication estimate
of about 60, 000 or 80,000 tons out of which 60,000 is already done in the
country and that shows capacity building, that shows transfer of knowledge.
“In the
past when projects of this magnitude happens, only five or 10 percent will be
spent in the country while the remaining 90 percent will be spent outside the
country but as at today, on the attainment figure we have achieved about 30
percent local content and the target is about 70 percent by year 2027 and we
are just in year 2018.
“We are
working round the clock to ensure that a project of this magnitude so that at a
point in time, everything will be started and completed in the country,” he pointed
out.
He
stressed the need for the fit so far achieved in the oil and gas sector of the
nation's economy to the replicated in the maritime and other sectors.
Yayi
explained that only in doing so would there be employment and the needed
technological transfer required for the development of the economy.
According
to him, "I want to see it replicated in other sectors like maritime,
industry, InfoTech etc,” he concluded.
No comments:
Post a Comment