bidder

Izomor: Oil Industry Must Jettison Lowest Bidder Concept

Mr Godwin Izomor is the Managing Director of MG Vowgas group, an operator in the oil and gas sector. In this interview, he speaks about challenges facing indigenous companies in the sector. Emmanuel Addeh brings the excerpts:

You have a huge facility here. What is the investment profile like?

The Ncdmb under-quoted our company at about $125 million, but this facility is over $175m.

How did this whole journey start?

The journey started in 2009, on May 11 precisely in my parlor in Woji here in Port Harcourt. I recruited two other staff, Victor and Aliu. Victor was earning …