Senator Heineken Lokpobiri has commended Monarch Alloys Limited for its remarkable contributions to Nigeria’s energy sector, noting that local content continues to drive the industry’s growth. Speaking at the commissioning ceremony of the company’s facilities in Lagos State, Sen. Lokpobiri highlighted Monarch Alloys’ specialization in advanced pipe coating services, including Fusion Bonded Epoxy (FBE), dual-layer FBE, 3LPE, 3LPP, and Polyurethane coatings.
The Senator attributed these achievements to the pragmatic leadership of President Bola Ahmed Tinubu, whose administration has focused on fostering economic growth and supporting indigenous enterprises. According to Lokpobiri, President Tinubu’s commitment to creating a conducive environment for local companies has played a pivotal role in the success of Monarch Alloys Limited.
“The strides made by indigenous companies like Monarch Alloys are clear evidence of the sophistication and innovation in our oil sector,” Sen. Lokpobiri stated, emphasizing the importance of local content in advancing Nigeria’s energy sector.
He further applauded Monarch Alloys for reaching this significant milestone and urged the company to continue striving for excellence. He assured that the government remains committed to providing the necessary support to ensure the continued growth of indigenous initiatives in the energy industry, contributing to the overall development of Nigeria’s economy.
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