The Managing Director of Nigerian Petroleum Development Company, Mr Yusuf Matashi made the commitment in Abuja during a meeting with the Executive Secretary of the NCDMB, Mr Simbi Kesiye Wabote.
He said the company would not be seeking waivers from the board for its projects, rather it would abide by the provisions of the act, especially as it relates to carrying out competitive bidding and utilising Nigerian oil and gas service companies and locally manufactured goods and services.
Matashi assured that the company would approach the board to obtain Nigerian Content Plan (NCP) approval as required by the NOGICD Act for all its future projects in excess of one million dollars. NCP sets out work scopes that would be executed in-country and guides project execution and monitoring.
ALSO READ: Saraki meets Obasanjo in Abeokuta
He promised to direct the company’s personnel on the primacy of Nigerian content guidelines to project execution.
The Managing Director also solicited the board’s support to develop and institutionalise Nigerian content systems and processes within the NPDC to ensure compliance.
Part of the support his company would need, he noted includes workshop or training for staff of NPDC on Nigerian Content requirements and processes.
In his comments, the Managing Director of NETCO, Mr Yakubu Mustapha stated that his subsidiary is a major beneficiary of the Nigerian Content Act.
He added that NETCO could not have been able to compete with its international counterparts but for the Nigerian Content Act which has enabled it to grow and build requisite capacity.
In his comments, the Executive Secretary underscored the need for close collaboration between the board and NPDC.
and then