Group managing director of the Nigerian national petroleum corporation NNPC Dr Maikanti Baru has commended the 8th National Assembly over the improved relations between the corporation and the lawmakers.
Dr Baru gave the commendation during an interactive session between the management of NNPC and members of the House of Representatives committee on local content at the NNPC towers in Abuja.
He noted that the oversight visits to some oil and gas companies by the committee had achieved significant progress in ensuring that the lofty ideals of the Nigerian content act of 2010 was strictly adhered to Dr Baru informed that NNPC, as the NNPC commends NASS on improved relations.
Incubator of the Nigerian content act was one of the most compliant organizations with the local content law with about 56 percent level of compliance, especially in the area of installations, fabrications, procurement and various level of engineering.
Chairman of the committee Emmanuel Ekon said the interactive session with the NNPC was informed by the need for a strong synergy in order to ensure full compliance with the local content act to enable Nigerians benefit from the Nigerian oil gas industry.