Group Chief Executive Officer of Solewant Group, Mr. Solomon Ewanehi, in this interview speaks about how the Nigerian content law has helped indigenous companies in building capacity in order to handle complex projects, as well as the impact of COVID-19 on the oil and gas industry. Peter Uzoho brings the excerpts.
Solewant is grateful to the federal government of Nigeria for a number of policies and these policies have helped in the growth of our company. In the face of the oil price fluctuations, these trends must be reversed and production and exploration companies be mandated to build local capacity. The Federal Government passed into law the NOGICD Act which was aimed at ensuring increase in the amount and value of local content input in the Oil and Gas value chain.
How many youths do you intend to engage now that you have resumed operations after the COVID-19 lockdown?