Exploring Opportunities for Indigenous Participation in the Implementation of the Nigerian Gas Master Plan

摘要

The involvement of Indigenous Entrepreneurs and Host Communities in the Implementation of the Gas Master Plan will have far reaching effects on the Nigerian Economy. The consequences of the neglect of this crucial element in the Oil side of the business are well known – enclave nature of the Industry with no multiplier effect on the rest of the economy, virtual control of a strategic sector that generates over 80% of total revenue in the hands of competing IOCs with a multiplicity of interests, little technology transfer and minimal Human Capacity Development. Wide spread alienation and agitation for Resource Control manifested over time and the Country is just now struggling to contain the damaging effects on the Oil & Gas Industry. These mistakes need not be repeated in the Emerging Gas business.