Support Local Content Policy To Boost Industrialisation, DPR Urges Nigerians

DPRThe Department of Petroleum Resources (DPR) has urged Nigerians to support the local content policy of the Federal Government by patronising locally made products, which it says will enhance domestic industrialisation especially in the gas sector.

The DPR made the demand on Friday during their periodic facility audit and inspection of activities of gas sector stakeholders in Owerri, the capital of Imo State.

The South-east Head of Gas sector of the DPR, Mr Albert Echibe, pointed out that part of the statutory function of the DPR was the promotion of local content policy in the oil and gas industry as well as the re-certification of the integrity of equipment and facilities used in the Liquefied Petroleum Gas industry.

Saving Foreign Exchange

In Imo State, the DPR is currently inspecting the activities of petroleum marketers, with an audit of facilities and equipment used in the gas sector, with the team visiting some steel fabrication workshop where gas vessels are manufactured and also an ongoing gas plant construction site in Owerri.

The Team leader, Mr Echibe, said that the DPR would not fail to sanction any person or company that did not meet the required standard given by the DPR in the production and usage of major facilities and equipment in the gas sector.

He stressed that in the oil and gas industry, there were issues of increased cost of importation of facilities and equipment which in turn had ripple effect on consumers, but gave the assurance that if chances were given to local content production and patronage, all the issues would be resolved, saving foreign exchange.

The Department of Petroleum Resources in the state has emphasised its committed to their statutory functions and responsibility of ensuring compliance to petroleum laws, regulations and guidelines in the Oil and Gas Industry especially as it involves monitoring of operations at drilling sites, production wells and platforms, flow-stations, refineries, storage depots, pump stations, retail outlets and natural gas and petroleum products.

Tech Trends: Reviewing Nigeria’s Growing Software Industry

softwareThe President of the Institute of Software Practitioners in Nigeria, Pius Okigbo, believes that significant progress have been made in the Nigerian software industry.

Okigbo was the guest of Channels TV’s Infotech programme, Tech Trends.

He credited government policies for the improvement as well as the general emphasis on the local content policy, although he expects more to be done.

“In terms of enforcement (of the policies), I wouldn’t put it in terms of strict enforcement.

“However there is some very strong awareness and understanding on the need to address local content particularly in the oil and gas space. In the financial services, we hope that that shift would begin at some point.

“When I say financial services, I’m not referring to just banks, I’m also referring to insurance companies and other financial institutions.

“So overtime there will be some greater emphasis on local content and luckily with the economic situation as it is today we are going to have to look inward for solutions because looking for the dollar to do things is going to be a nightmare,” he said.

He emphasized the need for Nigerians to embrace technology to solve management problems and the need for the government to further boost the development of the sector with favourable policies.

He also urged the Nigerian government to learn from Asian countries whose policies have ensured their rapid development in the software industry.


Patronize More Indigenous Contractors, Ogun Assembly Tells FG, States

The Ogun State House of Assembly Committee on Works and Infrastructure has enjoined both the Federal and State Governments in the country to increase patronage of indigenous contractors in the execution of their projects.

According to members of the Committee, doing this would go a long way in creating more employment opportunities and improve the socio-economic status of Nigerians.

The Committee members led by their Chairman, Hon. Joseph Adegbesan bore their minds while inspecting various road projects embarked upon by the State government in different parts of the State in continuation of their appraisal of 2013 budget implementation.

Hon. Adegbesan noted that the projects being handled by foreign contractors are well implemented, but stated that if given similar opportunity; local contractors could perform excellently like their foreign counterparts.

He commended the Senator Amosun-led administration for its vision and the quality of job done on the on-going road projects across the three senatorial districts of the State, adding that they would indeed create better living conditions for residents.

Projects inspected include phases one and two of Ilo-Awela and Ota Township, Ilara-Egua-Ijoun–Oja Odan, Mowe–Ofada–Ibafo, Ayetoro-Olodo and Lafenwa–Ayetoro roads.

Others are Mobalufon junction and overhead bridge, Lagos garage and bridge in Ijebu-Ode, Ago-Iwoye–Ilisan road, Sagamu and all the on-going road projects within the Abeokuta metropolis.

Local Content Policy: Local Businesses should be given more encouragement

The local content policy act which became an act in 2010 with a purpose of increasing the local businesses in Nigeria was a topic to look into on Sunrise Daily today.

Legal analyst Liborous Oshomah was on ground to dicuss with the crew on the local content policy.