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NIMASA to audit local content capabilities

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By Godwin Oritse, Godfrey Bivbere & Ediri Ejoh
LAGOS — Nigerian Maritime Administration and Safety Agency, NIMASA, has concluded plans to carry out an audit of the capabilities of indigenous players in the Nigerian maritime industry.

Chairman, Local Content Committee in NIMASA, Mr Boniface Igwe, who made the disclosure, said the exercise was about to commence and local players were ready and looking forward to it.

He said the exercise, when completed, would put local maritime players at a better position to participate fully in the oil and gas sector and be at an advantage by virtue of the local content law.

He explained that Nigerians would be given the choice of first refusal on all contracts by international oil companies in the off-shore oil and gas industry before it was eventually published.

He said: “This is the meaning of local content law implementation. When your nationals are given favourable consideration in the allocation of contracts, then be sure that the spiral effects on the economy will be very profound.”

Igwe added that indigenous operators were ready and had submitted all there was to be submitted to the committee to ensure a hitch-free exercise.

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