Oil & Energy
Expert Advocates Strict Implementation Of Local Content Law
The Managing Director/Chief Executive Officer of Engineering Automation Technology Limited, Mr Emmanuel Okon, has decried the award of contracts by International Oil Companies to local firms with weak systems and structures.
Okon said in a statement that the trend posed a serious threat to the quest to grow the technical capabilities and manpower base of indigenous firms in the nation’s oil and gas sector.
While speaking to journalists after his induction as a fellow of the Institute of Oil and Gas Research and Hydrocarbon Studies in Port Harcourt, Rivers State, Okon lauded the Federal Government for coming out with the local content law in the oil and gas sector.
He said the law had assisted in the establishment of vibrant indigenous oil and gas service companies in the country.
According to Okon, there has been a rise in recent years in cases of poor regulations leading to IOCs awarding contracts under the local content law to companies without adequate capacity.
He said: “It’s the trend we now see in the industry and it is a total negation of the essence of the local content law; once they complete the job, they shut down, park out and throw out the workers.
“This is not the way to guarantee and deliver the next generation of skilled workforce for the Nigerian oil and gas industry, and regulators should step in and halt this trend by ensuring that IOCs give jobs to local firms that have structures and systems and that can always sustain their workforce into the next project.”
Oil & Energy
AEDC Confirms Workforce Shake-up …..Says It’ll Ensure Better Service Delivery
As part of the restructuring, the company said it had promoted high-performing employees, released retiring staff, and disengaged others whose performance fell below expected standards.
It added that it has also begun implementing a comprehensive employee development and customer management plan to strengthen its service delivery framework.
“In line with its corporate transformation strategy, Abuja Electricity Distribution Company has announced a restructuring exercise aimed at delivering improved services to its customers as well as enhanced operational efficiency and excellence.
“The restructuring is in line with our strategic direction to become a more responsive and efficient organisation, capable of delivering world-class service to our customers.
“As part of the transformation, the Company has promoted high-performing staff, released retiring employees and those performing below par, and has put in motion the implementation of a robust employee development and customer management plan aimed at driving AEDC’s customer-centric focus,” the company said.
AEDC noted that the reforms are part of its broader commitment to provide reliable, safe, and sustainable electricity to customers across its franchise areas, including the Federal Capital Territory and the states of Niger, Kogi, and Nasarawa.
The firm further pledged to continue investing in infrastructure upgrades, digital technologies, and operational innovations to improve service reliability and customer satisfaction.
“With a strong commitment to delighting its customers, AEDC continues to contribute to the growth and development of Nigeria’s energy sector through investments in infrastructure, innovative technologies, and sustainable practices.
“AEDC consistently seeks to improve the quality of life for its customers, promote efficient energy usage, and actively engage with its communities,” the statement added.
Oil & Energy
Economic Prosperity: OPEC Sues For Increase In Local Crude Oil Refining
Oil & Energy
Local Content key To Africa’s Energy Future~NCDMB’S Scribe
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