Daily Champion (Lagos)

Africa: Local Content - African Oil Chiefs to Meet Next Month

Sopuruchi Onwuka

22 November 2009


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Representatives from national, international and smaller contracting oil companies are scheduled to meet with African government representatives to discuss local content policy this December.

National content in the exploitation of petroleum resources has been the major policy thrust in resource rich countries in the continent which has remained poor in spite of the rich and vibrant petroleum industry operations in countries on its coastal axes.

In Nigeria, government has targeted 75 percent local content in overall industry goods and services by 2010 through a combination of policy measures that emphasize domiciliation of specified industry activities in the country.

The policy was evolved to bridge the huge oil industry budget with other sectors in the domestic economy by using the petroleum industry activities to stimulate growth in the industrial sector of the country.

It is also conceived as the only way to preserve the value of the nation's resource wealth for the future generation which may not benefit directly from the currently flowing revenue from the finite reserves being mined by the government and her agents in the sector.

The Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Mr. Abdlla El-Badri, had while on a recent visit to Nigeria declared that the oil exporters' member countries have limited opportunity to transform their economies with resource wealth.

Nigeria and some other African countries have been the reference points for resource curse as the scramble for oil money have led to internal conflicts and civil wars that result in widespread poverty under corrupt leadership of opulent politicians.

The Local Content is perceived as the silver bullet for addressing resource curse through domestication of oil industry activities to provide the needed patronage for cross sectoral growth as well as yield the revenue for infrastructural dev elopement.

For years since the Activation of the Local Content Policy in the industry, all new field development activities have carried significant Nigerian Content profile even as the local operators that service the industry insist that performance and policy compliance by international oil companies has remained below 25 percent.

As other African countries begin to grow their local oil resources following large scale discoveries, their fledgling industries have little to benefit from Nigeria's 50 years experience as the industry has remained an enclave that disconnected from the local economy.

Despite contributing over 95 percent of the nation's total foreign exchange revenue and some 80 percent of its total fiscal revenue support, oil industry contributes less than 35 percent of the gross domestic product.

Following the desire stimulate economic development with oil industry budget, technology and sundry opportunities, ministers representing Angola, Ghana, Uganda, Nigeria, and Tanzania, among others, are scheduled to take part in discussions to find the most economical and equitable financial models as well as advising on increasing and standardizing the level of training and skills enhancement.

National and international organizations such as Sonangol, National Oil Corporation (NOC), and PetroSA will be showing the other senior executives present how to build and execute a National Content plan and create a common understanding between project partners of local content responsibilities to ensure mutual understanding and benefit.

Attendees will have the opportunity to engage one on one with regional policy makers from South Africa, Equatorial Guinea, and Republic of Djibouti as well as exchanging ideas with national peers during region and country breakout sessions designed to overcome the unique obstacles and challenges that affect each area.

Scheduled for the first week of December at the BMW Pavilion Conference Centre, Cape Town, South Africa, the African Local Content Summit for Oil & Gas is scheduled to feature industry and policy debates on how to recover African oil industry activities from expatriate control.

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AllAfrica - All the Time
Author: upliftdarace_144
Mon Nov 23 19:24:58 2009

1. The Bakken Oil Field Find

2. 55 gallon drums fulls of unprocessed diamonds.

* These are just a few of the suppressed world riches this beautiful world created by God (Jehovah, Father of Jesus Christ)..

3. Minister Lindsey Williams has known for 30 years of a major oil find in Alaska.

* He says that he sat in on meetings of the rich and powerful. These men decided not to use this oil to help America.

* Beware Africans, the wolves of deception are always around riches.

* Hosea said we perish for two reasons. Most people only remember one reason why we perish.

- Hosea said MY PEOPLE PERISH FOR LACK OF KNOWLEDGE

- AND…because they REJECT KNOWLEDGE

- In other words, they DON’T KNOW & THEY DON’T WANT TO KNOW !!!!

4. For those who want to know I suggest you guys who can get the Internet do these things :

a) Listen to broadcasts like : Alex Jones (Infowars), Derry Brownfield, The Power Hour

(Joyce & Dave), Jeff Rense, and other broadcasts on the Genesis Communications Network.

b) Here’s an appetizer of information on the subjects I have just written on :

• Do a search use IX Quick search engine .They don’t record your computer’s address ; protect your privacy [ http://ixquick.com/]

• Here are three(s) separate subjects that I mentioned that you can search for

(i) – Bakken Oil Field Find

(ii) – Lindsey Williams (YouTube videos)

(iii) – Janine Roberts :Glitter & Greed : The Secret World of The Diamond Cartel

Our only enemies are in Hell , waiting for their life-sentence of damnation.

You are in my prayers. Pray for each other too

Have Faith in God and Love for each other. May The Lord God Bless You real good

The Swine Flu Vaccination Hoax - Explained URL – [http://www.youtube.com/watch?v=SbFxV_C8Yw4 ]

[Check Out :

3) Who Brought The Slaves To America ? URL = [ http://www.youtube.com/watch?v=JuzhnKy63io ] Or [http://wideeyecinema.com/?p=911]

[http://www.infowars.com/infowars.asx] / [gcnlive.com] / [http://alexjonesringtones.net/]

WAKE UP ! STAY UP MY BROTHERS & SISTERS !

BE SELF-SUFFICIENT IN THE KINGDOM OF HEAVEN.

- Life Is a Game. Have Fun. [ Luke 18:17 / Isaiah 11:6 ]

Author: upliftdarace_144
Mon Nov 23 19:26:45 2009

THE ROBBERS OF OUR PEOPLE ARE FULFILLING PROPHECY

1) [Daniel 11:14 ]

And in those times :

a) there shall many stand up against the king of the south(AMERICA / BABYLON ):

b) ALSO the ROBBERS OF OUR PEOPLE shall exalt themselves to establish the vision; BUT THEY SHALL FALL !

WHO BROUGHT THE SLAVES TO AMERICA ? [ http://isohunt.com/torrent_details/42787621/Who+brought+the+slaves+to+ameri ca?tab=summary] for full length video

FRITZ SPRINGMEIER A Bold Christian Truthseeker The Top 13 Illuminati Bloodlines [ http://www.youtube.com/watch?v=k73Q2_f4vKU ]

THESE FAMILIES LIVE UNDER THE SIGN OF $$$$$$$$$$$$$ !!!

3) 16 European Nations . Met And Plotted On How They Would Rob Africa Of Its Riches.

* They met during two(2) Periods of time in two(2) places

* The General Act Of Berlin Conference (Nov, 1884 to February, 1885)

* Brussels Belgium to finalize SECRET agreements ( Nov, 1889 to July 1890)

* The Book “King Leopold’s Ghost (1998) by Adam Hochschild documents some of This information.

The following Nations (Households) - Planned how they would divide among themselves our AFRICAN Riches.

1) Austria-Hungary - Francis Joseph I Charles - August 18, 1830 -

2) Belgium - King Leopold II – April 9, 1835

3) Denmark - Frederik VIII -June 3, 1843

4) France - Marie François Sadi Carnot – August 11, 1837 -

5) Germany - Wilhelm II -– January 27, 1859

6) Great Britain - Queen Victoria (Hanover) – May 24, 1819 – British Ruler – 2nd

7) Holland –William III – February 19, 1817

8) Italy - Umberto I - March 14, 1844 -

9) Norway - Oscar II [Oscar Frederik] – January 21, 1829 (Also Sweden)

10) Portugal - Carlos I – September 28, 1863

11) Russia - Alexander III Alexandrovich – March 10, 1845

12) Spain - Alfonso XIII – May 17, 1886

13) Sweden - Oscar II – January 21, 1829 (Also Norway)

14) Turkey - Abdülhamid II, - September 2 or September 22 - 1842 -

15) United States - Benjamin Harrison – August 20, 1833 -

16) Persia (Iran) - Nasser al-Din Shah Qajar – July 16, 1831 –

Just as Gangsters sell their debt, so have the old list of ROBERS changed over Time.

Pray People. Trust In God..Not Your So-Called Leaders. Pray For Those Leaders Too.

They Are Constantly Being Tempted To Think About Their Personal Satisfactions ;

Rather Than The Future Of Their Nation. The Greatest Is Servant Of All !!!!!!!

WAKE UP !!! STAY UP !!!

[ libradio.net]

[ gcnlive.com ] - Life Is a Game. Have Fun. [ Luke 18:17 / Isaiah 11:6 ]

Author: upliftdarace_144
Mon Nov 23 19:27:36 2009

IS AFRICA FOR SALE ?

1) I’ve heard that one African country made a 99-year deal with an Asian country to lease a part of their land.

2) How can anyone make a deal for the next generation ?

3) What can we do about it ?

4) Organize and get those crooks out of office or any position of power.

5) Pray to God For insight and divine intervention.

6) Africa Is being targeted by many who are not respecting Africa.

7) We must stop selling ourselves and respect ourselves, our families and God.

Daniel 11:44 But NEWS OUT OF THE EAST (CHINA?) AND OUT OF THE NORTH ( RUSSIA ?) shall trouble him: therefore he shall go forward with great fury to destroy, and utterly to make away many

Revelations 16:12 And the 6th angel poured out his vial upon the great river Euphrates; and the water of it was dried up, that the way of the KINGS OF THE EAST might be prepared.

[Daniel 11:14 ]]

And in those times there shall many stand up against the king of the south(AMERICA / BABYLON ): ALSO the ROBBERS OF OUR PEOPLE shall exalt themselves to establish the vision; BUT THEY SHALL FALL !

WAKE UP ! STAY UP MY BROTHERS & SISTERS !

[ www.libradio.net]

[gcnlive.com]

- Life Is a Game. Have Fun. [ Luke 18:17 / Isaiah 11:6 ]

Author: foryohjonathan0000
Tue Nov 24 04:42:03 2009

We hope something meaningful, truthfull and fruitful comes out of this meeting for the African People. Who else can we "Africans" blame besides ourselves if we do not take a meaningful stand to make sure that our minerial resources are beneficialry to our common people and markets?? Who else ???


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