This Day (Lagos)

23 January 2013

Nigeria: Alison-Madueke - Local Content Policy Has Created 30,000 Jobs

Photo: Milton Grant/UN
Harvesting: Two pickers make their way through a field.

The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has revealed that the implementation of the local content policy in the petroleum industry has created 30,000 jobs for Nigerians in the last 30 months.

According to the News Agency of Nigeria (NAN) report, minister stated this at a meeting of Nigerian Content Development and Monitoring Board (NCDMB) in Abuja Tuesday.

A statement issued in Abuja by the Public Affairs Officer of NCDMB, Mr Obinna Ezeobi, quoted the minister as saying, "just by insisting on using Nigerians in the industry, we have deepened the local supply chain."

The minister said the jobs were generated in the engineering, fabrication, marine transportation, logistics and exploration and production sub-sectors of the oil and gas industry, and expressed optimism that the job growth would be sustained.

"I have no doubt that more jobs will be created in 2013 and we shall achieve greater localisation of the industry services, manufacturing and fabrication in 2013," she said.

Alison-Madueke noted that the Nigerian content implementation had increased the level of participation of Nigerians in oil and gas contracts to 87 per cent.

"The board has to a large extent achieved consensus in most aspects of Nigerian Content implementation to the extent that there has been no major dispute amongst stakeholders on interpretation of provisions of the Nigerian Content Law.

"Stakeholders are also responding positively to the need to do things differently in the industry for the benefit of all. This clearly demonstrates that we have been carrying the industry along in the implementation of the Act," she said.

Ads by Google

Copyright © 2013 This Day. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.