Energy Briefs
The Nigerian Content Development and Monitoring Board, NCDMB, is planning to partner with the Dangote Petroleum Refinery and Petrochemical Free Trade Zone Enterprises to ensure full implementation of the local content policy. Simbi Wabote, executive secretary, NCDMB, said Dangote refinery project is expected to close a major gap in the supply of petroleum products in the country.
Wabote disclosed this during the DPRP Nigerian Content Sensitisation/Awareness Creation Programme, titled: ‘Let’s walk the Nigerian content talk together’ in Lagos. “We consider this as a very important project and we are willing to partner the company to ensure full implementation of the local content policy. We embarked on this journey with the company a long time ago and we are ready to partner the Dangote Group. Part of what you see today is part of our efforts to ensure that the company and its contractors comply with the local content policy.”
Wabote said the country recorded losses prior to the enactment of the local content policy as international oil companies operating in the country executed jobs abroad. “The narrative then was that nothing could be done in-country. Plants and modules were fully fabricated offshore without any structure in place to achieve knowledge transfer. Before 2010, we had no active dry-dock facilities. The few we had were abandoned and left to rot away. Today, we have four active dry docking facilities in Port Harcourt, Onne, and Lagos.”
According to him, the NCDMB’s mandate is to develop local capacity in key areas such as manufacturing and fabrication and promote indigenous ownership of assets and utilisation of indigenous assets in oil and gas operations.
The NCDMB’s responsibilities also include linking the oil and gas industry with other sectors of the economy, enhancing the multiplier effect of oil and gas investments in economy and developing a pool of competitive supply chain rooted in oil-bearing communities.
He said non-compliance with the Nigerian content law would result in the suspension of projects/contracts, penalty of five per cent of project sum, and withdrawal of the NCDMB’s services among others.
Other penalties for non-compliance are escalation to other regulators to withdraw or suspend licence; withdrawal of approvals or de-classification of contractor from pre-qualification list; application of the full weight of the law in accordance with Section 68; and publication of non-compliant operators in newspapers and professional gazettes.
– Oct. 19, 2018 @ 18:45 GMT |
Tags: NCDMB partners Dangote Refinery on Implementation of Local Content
