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Tinubu Calls for More Energy Contracts for Local Firms

Tinubu Calls for More Energy Contracts for Local Firms

On Thursday, President Bola Tinubu urged international oil companies (IOCs) operating in Nigeria to offer more energy contracts to capable Nigerian engineering and manufacturing firms. This statement was made during a meeting with Leemon Ikpea, Founder and Chairman of Lee Engineering Group, at the State House in Abuja.

Bayo Onanuga, Special Adviser to the President on Information and Strategy, shared details of the meeting, highlighting that Lee Engineering is currently engaged in the engineering, procurement, and construction of two midline compressor stations in Edo State. These stations are essential for increasing the operating pressure on the Escravos–Lagos Pipeline System, enabling it to deliver its full capacity of 2.3 billion standard cubic feet of gas daily.

Tinubu reiterated his administration's commitment to local content compliance and emphasized the importance of partnerships between IOCs and indigenous firms. Ikpea praised the initiative, noting that Lee Engineering's fabrication yard in Warri is equipped with advanced technology for manufacturing components for the project.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

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