The Federal Government said it will continue to support indigenous oil and gas companies to increase their capacity to manufacture equipment for the industry.
Minister of Industry, Trade and Investment stated this while on an inspection tour of an Engineering company that will manufacture High pressure Vessels, Heat Exchangers and other major equipment used in oil and gas production.
Warri is a commercial capital city of Delta State and major hub of petroleum activities in southern Nigeria.
Now, the Minister of industry, trade and investment is here to encourage local manufacturers to meet the demands for equipment by the oil and gas companies in the country.
He toured the facility which is stepping up it production.
The company that has been in the oil and gas business for more than 3 decades appreciated the federal government for boosting local content.
The timeline for the commencement of this mega production where thousands of people will be employed was also released by a member of staff of the company.
The drive of the federal government to remove one million Nigerians from extreme poverty is to ensure private sector growth especially in this major revenue generation of the country.