Sunday, August 3, 2025

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Oil And Gas Sector Funding: Senate Committee Commends Lee Engineering’s Contributions To Industry Growth!

The New Diplomat
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  • Gives Firm Clean Bill of Health

By Louis Achi

The Nigerian Senate Committee on Gas has lauded the patriotism and huge contributions of Lee Engineering and Construction Company Ltd, to the development of the Oil and Gas sector in Nigeria.

The Chairman of the Senate Committee on Gas, Senator Jarigbe Agom Jarigbe, who commended Lee Engineering for its unrelenting patriotism and huge investments in the Oil and Gas industry in Nigeria declared that the company’s patriotism, huge workforce of over four thousand employees (4,000) coupled with its value-addition drive in the Oil and Gas industry in Nigeria deserve the committee support in all its ramifications.

In a letter personally signed by Senator Jarigbe (Chairman of the Senate Committee on Gas) and addressed to the Managing Director and CEO of Lee Engineering, the Senate Committee said: “The Senate Committee on Gas writes to commend you on your activities in the Oil and gas sector in Nigeria. The Committee’s investigations revealed that you have invested hugely in the Oil and Gas industry, with a staff strength of over four thousand employees. We found no infractions associated with your company”.

The Senate Committee while pledging to support Lee Engineering and Construction Company Ltd, as one of Nigeria’s leading indigenous companies in the oil and gas sector operating as a frontline Engineering, procurement, construction, operations and maintenance company (EPCOM), noted thus: “The Committee commends you (Lee Engineering & Construction Company Ltd) for your patriotism and pledge to support you in adding value and creating wealth for the Nation.”

It would be recalled that Lee Engineering and Construction Company Ltd was among fifteen firms invited recently by the Senate Committee on Gas to throw light on operational milestones they have attained with facilities advanced to them individually under the supervision of the Central Bank of Nigeria (CBN) (which was provided by commercial banks) under stringent guidelines and protocols.

In its response, Lee Engineering and Construction Company Ltd, had in a detailed and convincing presentation made by the company’s legal adviser, Mr. Matthew Agbadon and the firm’s Executive Director, Finance and Accounts, Mr. Benedict Ebalukhota, explained convincingly and explicitly its operational milestones with a multi billionaire factory establishment in Warri, Delta State. Their presentation reads in part: “Lee Engineering has been in the oil and gas industry for 32 years with over 4, 000 employees.

This particular project is one of the outfits of Lee Engineering and it’s located in Warri, Delta State. If the committee is ready to visit the project today, we are ready. It is 90 percent completed. It is billed for commissioning in the first quarter of next year.

The company added: “Our factory is a multi-billion naira factory which specialize in the fabrication and manufacturing of vital equipment and components for the oil and gas industry facilities such as flow stations, refineries, petro-chemical gas plant processing and allied facilities.”

Impressed with its findings, the Senate Committee on gas consequently lauded and applauded Lee Engineering’s enormous contributions to the development of the Oil and Gas industry in Nigeria, stressing that he Committee will support the firm accordingly all the way.

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