Business
Intels Gets Kudos Over Local Content Dev
In line with the local content policy agenda of the federal government, the federal house of representatives, has described the Integrated Logistic Services Limited (Intels) as the foremost corporate organisation that has committed huge resources towards achieving the ideals of the policy in the country.
The Chairman, House of Committee on Privatisation and Commercialisation, Hon Khadija Bukar A. Ibrahim, made the remark shortly after the oversight visit of the committee to Intels facilities at Calabar and Onne Ports recently.
Hon Ibrahim, said that the visit became necessary following the federal government determination to implement the agenda of the local content policy with a view to encouraging the growth of subsidiary industries and fabrication of local raw materials in the country, as well as creating more jobs for Nigerians.
He commended Intels for its numerous contributions towards achieving the goals of the privatisation programme in Nigeria, especially investing largely in the oil and gas sector and contributing immensely to the economic development of the nation.
According to him, “It is gratifying to note that your commitment to inculcating local content in the management policy, the dynamism, resourcefulness, keen vision and huge investment are worthy of mention”.
The law-makers urged other corporate entities to toe the lines of development Intels has demonstrated, and wished the company greater success and fulfilment in its drive to become Nigeria’s biggest investor in the oil and gas logistics in the country and sub-Saharan Africa.