BIG Trouble Looms as Delta State Systematically Played out of Nigerian Oil and Gas Economic Equation – Roland E. IDIMI (UBIOMOR)

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We are in real trouble in Delta State as we have been played out of the economic equation of oil and gas Fabrication and Manufacturing Works in Nigeria. Almost all the companies now consider either Port Harcourt or Lagos to set up their facilities.

If this trend is not checked by the Delta State Government with strategic policies on industrial development in Delta State, there will be looming catastrophic economic and security crisis. Putting in mind that it was in Delta State oil and gas Fabrication, coating etc started in Nigeria.

Who are the major multinational players in the oil and gas EPIC business? Saipem, McDermott, TechnipFMC, Subsea 7, Schlumberger, Samsung etc. Where are these companies having their facilities today? Either Port Harcourt, Rivers State or Lagos State. Sadly, all these companies started their workshop facilities in Warri, Delta State.

Some persons may want to argue that these companies and others moved as a results of the Warri crisis or insecurity. The truth is that this is not just the reason as there are crisis and insecurity in Lagos and Port Harcourt also. The fact is that while the Government of Rivers State and Lagos State had developed safe haven free trade zones that would enable these companies to perform their businesses in mist of all security challenges, the Delta State Government over the years have total failed to develop safe haven free trade zone for industrial localization and development within a security challenging society.

Roland E. IDIMI (UBIOMOR).

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