NIMASA carries out audit on local content capability

LAGOS- THE Nigerian Maritime Administration and Safety Agency,  (NIMASA) have concluded plans to carry  out  an audit on the capabilities of  indigenous  players in the Nigerian maritime industry.

Chairman of the Local content Committee in NIMASA, Barrister Boniface Igwe said that the exercise is about to commence and that all the local players are ready and looking forward to it.

He said that the exercise when completed will put local maritime players on the better stead to participate fully in the oil and gas sector and be at an advantage position by virtue of the Nigerian content Act.

The maritime administrator explained that Nigerians will be given the choice of first refusal on all contracts by the International Oil Companies (IOCs)operating in the upstream sub-sector of the oil and gas industrybefore it is eventually published.

“This is the meaning of local content law implementation, when your nationals are given favourable opportunities in the allocation of contracts then be sure that the spiral effects  on the economy will be very profound “.

Igwe disclosed that indigenous operators are ready and have submitted all there is to be submitted to the Committee to ensure a hitch-free exercise.

It would be recalled that the International Oil Companies  hadset up the Committee headed by the Barrister Igwe who is currently the director in charge of shipping development.

Already, Nigerians are beginning to benefit from the promulgation of the local content Act as some major contracts in the oil and gas industry are been awarded to local operators.

It would also be recalled that both managements of the NIMASA and Nigerian  Content Development and Monitoring Board headed by Mr. Ernest Nwapa met late last year to harmonize the modalities that will ensure maximum benefits to Nigerians.

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