The Senate has called on the Nigeria Liquified Natural Gas (NLNG) Limited to prudently allocate the $43 million from the $4.3 billion Train-7 project for human capital development.
Chairman, Senate Committee on Local Content, Natasha Akpoti-Uduaghan, made the call during an interactive session with representatives from NLNG, NCDMB, Saipem Contracting Limited, and Daewoo Engineering & Construction, on Tuesday at the National Assembly.
Akpoti-Uduaghan urged the NLNG to ensure compliance with the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.
The Kogi Central Senator, according to a statement by her Chief Press Secretary, Arogbonlo Israel, in Abuja said the amount which represents one percent of the total project value “is designated for human capacity development and institutional strengthening.”
She stressed the importance of transparency and effective utilisation of the fund to benefit Nigerians and enhance the country’s human capacity development and institutional strengthening.
“Learning institutions from public primary to tertiary institutions nationwide should benefit from the $25.8million which is 60 per cent of the $43million worth of HCD projects owed Nigerians,” she said.