Government Development Agenda
A
key development objective of Government is to grow the economy to rapidly achieve
accelerated development and industrialisation. The oil and gas and iron and
steel industries are known to contribute significantly to the strong economic
growth of countries that produce them. It is anticipated that the development
of the oil and gas and iron and steel industries will be a source of
accelerated growth, poverty reduction and general prosperity to the people of Nigeria.
The active involvement of Kogites in the oil and gas and iron and steel
development, through local content and participation, is emerging as a major
policy issue.
The
production of oil and gas and iron and steel will contribute to the socio-economic
development of kogi state and indeed bring prosperity to Kogians. It is the desire
of the Government and people that the control as well as the benefits from the oil
and gas and iron and steel industries revamping and production will remain with
kogians.
This
desire is however constrained by limitations in the following areas:
·
Finance;
·
Human resource
capacity; and
·
Technology.
Recognizing this fact, civil society and the organized private sector is advocating for the
government and particularly the present administration, to emplace the goal of
developing a local content and participation policy that define actions as well
as ensure that the
constraints/challenges bedevilling other extractive resource endowed areas are resolved
to enable Kogians take control and thus maximise the benefits to them and the
Nigerian state.
The major challenges regarding the resource sub
sectors ( like iron and steel and oil and gas may be identified to include:
·
How to develop the oil and gas and iron and steel industries with optimal local
content and participation; Enhance state and national development, create jobs;
·
How to manage effectively the potential revenue from oil
and gas and iron and
steel production and processing and the value chain;
·
How to ensure security for the oil and gas
and iron and steel installations
and the industries as a whole; and
·
How to ensure environmental sustainability.







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