The Federal Government has announced a ban on the importation of oil pipelines into Nigeria.
The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, stated this on Thursday during the launch of Monarch Alloys 33LPE and concrete weight coating facility in the Ikorodu area of Lagos State.
According to Lokpobiri, the country has to stop importing pipelines to patronise local producers. Lokpobiri told the Nigerian Content Development and Monitoring Board not to give waivers for the importation of Chinese pipelines any longer.
While acknowledging that pipelines are very important to the oil and gas industry, he said one of the reasons the NCDMB was created was to enable Nigerian companies to build capacity to service the industry.
He expressed happiness that for the past 15 years, Monarch Alloys had laid a solid foundation, expressing concerns, however, over its sustainability. “I’m very happy that companies like this are now springing up in Nigeria.”
