National Telescope national telescope newspaper
The Nigerian Agip Oil Company (NAOC) and its joint venture partners yesterday commenced training for the their contractors on the dangers of flouting government regulations and non-adherence to extant laws.
The capacity building programme, the fifth in the series, took centre stage in Yenagoa, Bayelsa State, even as the Nigeria Content Development and Monitoring Board (NCDMB) disclosed that the country had lost a whopping $380 billion to capital flight due to lack of capacity by Nigerians operating in the oil and gas sector.
NAOC, the Nigeria National Petroleum Corporation (NNPC) and Oando, organisers of the two-day intensive training programme, said it had become important to ensure that contractors adhere strictly to the laws to avoid legal issues arising from acting improperly in the course of doing business.
Source: THISDAY
