Absence of in-country capacity and inadequate manpower were identified as factors that denied the country the full benefits of her petroleum resources as only a few indigenous facilities and manpower were available in the oil and gas industry
Before the introduction of the Local Content Law, the absence of local capacity in the oil and gas industry had resulted in the repatriation of about 90 per cent of the $12 billion yearly industry spend, with its adverse effects on job creation and overall growth of the economy. Absence of in-countr
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FRANK UZUEGBUNAM
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