Excitedby the signing of the Nigerian Content Act, Executive Director of FENOG Nigeria Limited, Mr. Matthew Tonlagha, has urged Federal Government to ensure that the policy is implemented to the letter for the benefits of the indigenous companies in the oil and gas sector. Tonlagha stated this in Warri, when Edo/Delta States Coordinator of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Temi Jemide, inspected the fabrication yard of FENOG Nigeria Limited.
Tonlagha whose firm has invested so much on equipment, lamented that the Local Content Act was crawling, stressing, it was not good enough, while imploring the President to inject the needed life into it as Nigerians were excited about its coming.
NCDMB boss, Mr. Ernest Nwapa, had on July 19, 2011 commissioned the newly acquired HDD500 by the engineering firm, thus signalling its role as the country’s major player in the Oil and Gas industry.Again, just five days ago, FENOG‟s Offshore Pipe Laying Derrick Barge (Akpevweoghene) arrived the Tema Port, Ghana with efforts being made to receive it at FENOG‟s Industrial Yard and Water Front, Warri, Delta State.
Tonlagha said: “We are very happy that the people who are in-charge of the Local Content Board are really encouraging Nigerians to grow. The president should ensure the full implementation of the Local Content Policy, not just to sign the Local Content Act, but the president has to drive it; he has the political power to make sure that the Local Content Act works because if he just signs it and leaves it there, then nothing would have changed for us in the Niger Delta region that have invested so much to procure equipment.”
“We have trust and hope in President Jonathan and that is why people are investing heavily in the country and I want to implore the president not to let the country down. He should be watchful and drive the Local Content Policy to a logical conclusion. President Jonathan should ensure the successful implementation of the Local Content Policy because we are getting worried over its slow implementation, but we have full confidence in it.”
“Please as you go back after this inspection visit, tell the President not to abandon the purpose of signing the Local Content Act into law; let its purpose be achieved. This is one Act that must not die at birth. The President should back the signing of the Local Content Act with the political power to make it work as that is the only way that we can reap from our huge investment in the Oil and Gas Industry.
People should not think that it is too early in the day for us to express worry that this Local Content Policy is not working. Our fears should be allayed by ensuring the full implementation of the Local Content Act.”