President Bola Ahmed Tinubu on Thursday reaffirmed his dedication to unlock Nigeria’s fuel sources to energy industries, enhance electrical energy provide, create jobs and increase export earnings.
He stated this amid indigenous engineering agency, Lee Engineering’s achievement of constructing two compressor stations to allow the Escravos–Lagos Pipeline System to function at its full capability of two.3 billion customary cubic toes of fuel per day.
The President spoke whereas receiving the Founder and Chairman of Lee Engineering Group, Chief Dr Leemon Ikpea, on the State House, Abuja.
Tinubu reaffirmed his administration’s Nigeria First coverage and urged worldwide oil corporations working within the nation to offer competent Nigerian engineering and manufacturing corporations higher alternatives to take part in main power tasks.
Lee Engineering is dealing with the Engineering, Procurement and Construction (EPC) of two midline compressor stations in Edo State. Although the pipeline’s designed capability was elevated from 1.1 billion to 2.3 billion customary cubic toes of fuel per day underneath the ELPS II growth, the compressor stations are wanted to boost working stress and allow the pipeline to ship at its full capability.
The undertaking is anticipated to strengthen fuel transportation to energy crops and industries alongside that hall, help elevated fuel provides to neighbouring West African international locations via the West African Gas Pipeline, and create alternatives for extra export income.
The President, who stated Nigeria First should translate into extra contracts for succesful Nigerian corporations, higher use of domestically manufactured tools and extra expert jobs for Nigerians, inspired worldwide oil corporations to construct stronger partnerships with indigenous engineering corporations which have demonstrated the capability to ship advanced tasks.
He additionally pointed to his administration’s 2024 govt orders and presidential directives on native content material compliance, contracting prices, and approval timelines as measures to draw funding, lower delays, and broaden alternatives for Nigerian companies.
Earlier, Ikpea counseled the President’s Nigeria First coverage and disclosed that Lee Engineering’s fabrication yard in Warri, Delta State, is manufacturing some elements for the compressor stations and homes a number of the most superior fabrication tools within the business.
According to him, Nigerian corporations have invested closely in fashionable tools, know-how and expert personnel and may now undertake advanced EPC tasks beforehand dealt with by international contractors, protecting extra jobs, experience and financial worth inside Nigeria.
Deji Elumoye
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