Local Content Misuse Inflated Costs, Stunted Capacity In Nigeria’s Oil, Gas Sector – Lokpobiri

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has faulted the implementation of Nigeria’s local content framework, saying its misapplication over the years drove up project costs and failed to build genuine indigenous capacity in the oil and gas industry. Lokpobiri spoke at the Pre-Conference Opening of the 2026 Nigeria International Energy...The post Local Content Misuse Inflated Costs, Stunted Capacity In Nigeria’s Oil, Gas Sector – Lokpobiri appeared first on New Telegraph.

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