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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 …

UK Terrorism Threat At Lowest Level For 5 Years

UK Terrorism Threat At Lowest Level For 5 Years

The UK’s terrorism threat level has been downgraded from “severe” to “substantial”, the Home Office says.

But, Home Secretary, Priti Patel said that the UK was still at “a high level of threat” and an attack could “occur without further warning”.

The terrorism threat is now at its lowest since August 2014. Substantial is the third of five ratings at which the threat level can stand.

The separate terrorism threat level for Northern Ireland remains “severe”.

Ms Patel said in a statement on Monday that terrorism remained a “direct and immediate” risk to the UK’s national security.

Assessments determining …