Tinubu Urges Oil Firms to Give Indigenous Companies More Contracts |LAGOS EYE NEWS



President Bola Tinubu has urged international oil companies operating in Nigeria to give indigenous engineering and manufacturing firms greater opportunities to participate in major energy projects.

The President reaffirmed his administration’s commitment to unlocking Nigeria’s gas resources to boost electricity supply, power industries, create jobs and increase export earnings.

According to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu spoke when he received the Founder and Chairman of Lee Engineering Group, Dr Leemon Ikpea, at the State House, Abuja.

The meeting followed Lee Engineering’s achievement in constructing two compressor stations designed to enable the Escravos–Lagos Pipeline System (ELPS) to operate at its full capacity of 2.3 billion standard cubic feet of gas per day.

Tinubu reiterated his administration’s Nigeria First policy, stressing the need to translate the initiative into more contracts for competent Nigerian companies, increased use of locally manufactured equipment and the creation of skilled employment opportunities.

He also encouraged international oil companies to strengthen partnerships with indigenous engineering firms that have demonstrated the capacity to execute complex projects.

Lee Engineering is handling the Engineering, Procurement and Construction (EPC) of two midline compressor stations in Edo State.

The facilities are required to increase operating pressure along the Escravos–Lagos Pipeline System and enable it to deliver at its designed capacity of 2.3 billion standard cubic feet of gas per day.

The pipeline’s capacity was increased from 1.1 billion to 2.3 billion standard cubic feet per day under the Escravos–Lagos Pipeline System II (ELPS II) expansion project.

The compressor stations are expected to strengthen gas transportation to power plants and industries along the pipeline corridor, improving access to gas for electricity generation and industrial operations.

The project is also expected to support increased gas supplies to neighbouring West African countries through the West African Gas Pipeline and create additional export revenue for Nigeria.

Tinubu’s remarks underscore his administration’s emphasis on expanding local participation in the energy sector, as the country seeks to maximise its gas resources and strengthen the capacity of indigenous companies to deliver major infrastructure projects.

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