The Minister of State for Petroleum Resources, Timipre Sylva, says Nigeria does not have any justifications to import all the manufactured parts required in the country’s oil industry.
Sylva said the Nigeria Oil and Gas Park Scheme, when completed, would increase the country’s capacity to produce such needed items in-country, including nuts and bolts, to service the industry.
The minister spoke during an inspection visit to the NOGaPS project site at the Emeyal 1 community in the Ogbia Local Government Area of Bayelsa State.
He said, “What we are trying to do here is to be able to create opportunities for the manufacturing of some of the parts that are needed in the oil industry. There is no reason why we would be importing everything, including nuts and bolts, from outside Nigeria. So, the NCDMB has brought this opportunity here, to bring companies to operate here to be able to produce those things to service the industry that is around us.”