Nigerian Content, Key To National Security, Says Kentebe | Independent Newspapers Limited
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Nigerian Content, Key To National Security, Says Kentebe

Posted: Oct 31, 2015 at 9:45 am   /   by   /   comments (0)

Mr Denzil Kentebe, Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), said successful implementation of the Nigerian Content Act was fundamental to the sustenance of national security.

This is contained in a statement issued by Head of Communications, NCDMB, Mr Obinna Ezeobi, on Friday in Abuja.

According to the statement, Kentebe said this while delivering a lecture at a programme organised for participants of Course 22 of the Nigerian Defence College, Abuja.

Kentebe said that having indigenes working in the oil and gas sector was a national security since it would guarantee that withdrawal of expatriates from the country due to insecurity would not affect production.

He regretted that the oil industry suffered capital flight of about 300 billion dollars in the first 50 years of operations, while 300,000 Nigerian jobs were exported at the detriment of the local economy.

“That era did not record the establishment of any legacy investment from major industry projects.

“Rather, little attention was paid to oil producing communities, forcing some persons to take to militancy, thereby cutting crude production output by one million barrels per day,” he said.

Kentebe explained that the Nigerian Content Act was introduced in 2010 to correct such mistakes and that it focused on maximising the utilisation of Nigerian resources in the operations of the oil and gas industry.

“It also aimed at integrating oil producing communities into the industry value chain and fostering institutional collaboration.

“Other areas of interest include linking the oil and gas industry with other sectors of the economy, maximising the participation of Nigerians in the sector and attracting investments,” he said.

He said that Nigerian Content was not about ‘’Nigerianisation’’ of the oil and gas industry, but that it was about adding value to the sector.

Kentebe disclosed that the board’s strategic initiatives had in five years, recorded substantial growth in the number of Nigerians trained and employed by the industry.

He said that there had also been an increase in the quantum of goods sourced from Nigeria as well as a rise in the number of Nigerian- owned assets operating in the industry.

“Other positive developments included the increased patronage of SCC Pipe Mill in Abuja by operating companies and ongoing arrangements to set up four new mills.

“Also, emergence of several maintenance facilities for vessels and rigs, rise of indigenous players in the exploration and production sphere of the industry and inclusion of capacity development initiatives were recorded,’’ he said.

He expressed optimism that more than 10 billion dollars would be invested in the Nigerian economy between 2015 and 2018 in new fabrication yards, floating, production, storage and offloading vessels, among others.

Kentebe canvassed for Nigerian content to be championed at the highest level of government and integrated into the national development agenda.


Fuel Scarcity: Bauchi Govt Sets Up Petroleum Products Monitoring Committee

Bauchi state government on Friday constituted a six-member Petroleum Product Monitoring Committee as part of efforts to address the lingering problem of scarcity of petroleum products in the state.

The setting up of the committee is contained in a statement, signed by Permanent Secretary (Political Affairs), Malam Mahmoud Garba, and made available to newsmen.

It said the committee was to monitor the procurement, distribution and sales of petroleum products in the state, as well as ensure that there was no artificial scarcity.

The committee had also been saddled with the responsibility of ensuring that the products were sold at official pump price and prevent the dispensing of the products to individuals in Jeri cans and gallons.

The committee is to be chaired by Capt. M.A.Ningi, while Alhaji Hassan Yelwa, a Deputy Director in the State Emergency Management Agency, will serve as Secretary.

Others are the representatives of the State Security Service, Police, Department of Petroleum Resources and Ministry of Commerce.

For the past one week, petroleum products had become scarce in the state, leading to the re-emergence of long queues in petrol filling stations.

This week, the state governor, Alhaji Mohammed Abubakar and his deputy, Malam Nuhu Gidado, had to pay surprise visit to some stations, where they discovered sharp practices .