PENGASSAN-Logo-4The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN)  has said that  the local content law has not had a meaningful impact on the nation’s oil and gas sector.

President Goodluck Jonathan signed the Nigerian Content Bill into law in 2010 to give indigenous oil and gas companies sense of belonging in the sector which was dominated by the international oil companies.

State chapter of the union, Comrade Foluso Oginni, who disclosed this in a chat with our correspondent yesterday, said the country’s contract is still being dominated by the international oil companies while leaving crumbs for the indigenous ones.

According to him, the international companies have violated the nation’s expatriate quota, giving them  the opportunity to bring in all manner of services which can be taken care of by Nigerians.

Oginni, who recalled a situation where certain international oil companies brought in artisans outside the shores of the land, said the development is a reflection that these companies have  little on no regard for the Nigerian content laws.

He also said the international oil companies flout the content laws in connivance with corrupt immigration officials who assisted them to bring in all manner of expatriates’ into the country.

Oginni  further gave his support to the ongoing House of Representatives investigation of major oil and gas companies for flouting the nation’s local content law, saying the development would go a long way in curbing the companies excesses.

He implored the law makers to also beam their searchlight on the activities of corrupt immigration officials, who assist the oil companies to make mess of the nation’s content law.

He explained that doing so would enable the federal government and policy makers re-evaluate the import of the law with a view to enabling to achieve its set objectives.

Oginni spoke on the increasing crude oil theft in the country and said the federal government has not demonstrated required seriousness to nip the practice in the bud.

He wondered why the federal government with several security apparatus in its fold, continually raised alarm over the helpless situation of the theft in the country.

Oginni said the federal government has refused to arrest and prosecute the brains behind bunkering despite the claim that it knows them.


Information from Daily Trust was used in this report.