TotalEnergies Achieves Over 94% Local Content, Says Director

TotalEnergies has successfully reached over 94% local content in its operations in Nigeria, according to the company’s Director of Local Content, Mr. Chuka Afolabi. This milestone underscores TotalEnergies’ commitment to maximizing the participation of Nigerian businesses and talent in its oil and gas projects, aligning with national policies aimed at promoting local industry growth.

Commitment to Local Empowerment

Mr. Afolabi highlighted that achieving such a high level of local content is part of TotalEnergies’ strategy to contribute to the economic empowerment of the Nigerian workforce and companies. “We are proud of our achievement, which reflects our dedication to the Local Content Act and our belief in the potential of Nigerian enterprises to play a significant role in the energy sector,” he stated during a recent industry event in Lagos.

Contributions to the Economy

The company’s focus on local content has led to the creation of thousands of jobs and supported various sectors of the economy, from manufacturing and logistics to service delivery. TotalEnergies’ initiatives include partnerships with indigenous suppliers, training programs, and investments in local technology to enhance operational capabilities.

“We have seen tangible growth in the capacity of local suppliers, which now contribute meaningfully to our operations,” Mr. Afolabi added. This move is expected to have a ripple effect, strengthening the Nigerian economy and building a more resilient local supply chain.

Impact on Industry Standards

TotalEnergies’ achievement comes at a time when there is an increased push for greater local involvement across the oil and gas industry in Nigeria. The company’s success serves as an example for other multinational corporations operating in the country, setting a benchmark for local content integration.

The Nigerian Content Development and Monitoring Board (NCDMB) has commended TotalEnergies for this achievement, stating that it reflects the progress made in promoting local participation in the sector. “This is an encouraging development that shows the effectiveness of the local content policy,” the NCDMB said in a statement.

Future Prospects

Looking ahead, TotalEnergies plans to further enhance its local content strategy by expanding its partnerships with Nigerian businesses and increasing investments in skills development. The company aims to meet and exceed the targets set by the Local Content Act to ensure long-term benefits for the Nigerian economy and its people.

Conclusion

TotalEnergies’ achievement of over 94% local content demonstrates the significant strides made in incorporating Nigerian businesses and professionals into the oil and gas industry. This milestone not only highlights the company’s commitment to national development but also sets an inspiring example for others in the sector to follow.