…encouraging local content in the oil
and gas sector
President Goodluck Jonathan signed into law the Nigerian Oil and Gas Industry Content Development Bill 2010 (Local Content Bill) which has increased Local Content in the Oil and Gas sector. As a direct result of
that law Royal Dutch Shell awarded a N7.8 billion ($49.9 million) contract to a Nigerian firm, S.C.C Limited, for the manufacture of high pressure line pipes that would otherwise have been awarded to a foreign firm. Also as a result of this law, Exxon Mobil awarded an off shore platform contract to a local firm, NigerDockNig. PLC that would otherwise have been awarded to a foreign firm. …encouraging local content in the oil and gas sector
These are undisputable and verifiable facts.
Committee on Good Governance (CGG)