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The Managing Director NETCO, Engr. Siky Aliyu has promised to leave an enduring legacy in the company that will see it move to its own building within the next ten years.

Speaking to the Branch Executive Councils of Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and National Union of Petroleum and Natural Gas NUPENG) in NETCO recently, Engr. Aliyu said NETCO as the largest and number one engineering company in Nigeria should have its own building for strategic reasons and domestication of the profession in the country.

MD NETCO Engr. Siky Aliyu (centre) speaking during a meeting between NETCO Management/Union

On plans to achieve this laudable legacy, the NETCO Managing Director noted that the survival of the company is hinged on getting jobs ''for without jobs the business entity cannot survive''.

He added that his strategy for sustaining NETCO is to get the Nigerian National Petroleum Corporation (NNPC), as owners of NETCO, to give the company the right of first refusal on all NNPC projects.  To this end, NETCO Management has done a memo to the Honourable Minister of Petroleum Resources requesting that any project below $5 million be given to NETCO unless it has no capacity to do it and that the company be given 40 to 50 per cent of projects in the oil and gas industry.

Cross section of PENGASSAN Branch Executive Council Members during the Management/Union with the MD NETCO. 5th Right is the Branch Chairman, Engr. Jonto Terhemen.

The memo, according to Engr. Aliyu, also requested that other Autonomous Business Units (ABUs) within NNPC be mandated to award projects to NETCO to enable the company build capacity and provide an enviable platform for other engineering outfits to spring up and take a share of the projects in the oil and gas industry like it happened on Agbami and Egina FPSO projects.

He noted that during the last Offshore Technology Conference (OTC) in Houston, he led NETCO delegation in meeting with potential technical partners with a view to collaborating with these world-class companies on project-by-project basis aimed at building human capacity in NETCO.

Engr. Aliyu said another strategy to build capacity is to train staff on what he tagged 70-20-10 rule which translates to 70 per cent On the Job Training (OJT), 20 per cent exposure on other opportunities in the oil and gas while 10 per cent is on conferences, seminars and other orthodox training methods.

The NETCO Managing Director said training will henceforth be tailored towards specific objectives set to move NETCO forward in building competence in all staff.  He stated that as part of this training strategy, ten NETCO Engineers are being trained by NETCODietsmann while some are also soon to move to NPDC Oil and Mining Lease (OML).

On staff motivation, the NETCO Managing Director said he believes in the adage that ''if you pay peanuts, you get monkeys to work for you'' so he will pay people what can take them home so they can deliver world-class jobs to make NETCO proud.  He however implored staff to stop chasing money but to look for competence and that ''when they get competence, money will form company with them''.

Engr. Aliyu promised to implement a reward system through staff appraisal that makes staff very accountable adding that the excellent yearly award to almost all staff can no longer be sustained and stressed the need for all staff to be responsible.  He promised that henceforth appraisal in NETCO will be Specific, Measurable, Achievable, Realistic and Time bound (SMART) with emphasis on performance.

On NETCO's profitability, the Managing Director observed that though the company has been profitable in the last 3 years, there is need for improvement adding that the minimum profit from NETCO to NNPC should not be less than N1 Billion per annum.  To this end, he promised to reduce excesses in all areas.

Engr. Aliyu emphasized the need for the Union to work with him in the implementation of some hard decisions in a painless manner adding that his office will welcome constructive and serious engagement aimed at moving the company forward in line with his vision for a lasting legacy for the company.

He described the Union as part of the NETCO family as well as partners in progress noting that the Union stands for the truth while its members are for progress and promised to carry them along in his daily decision making to facilitate support and overall success of NETCO.

Responding, the Chairman, NETCO Branch of Petroleum and Natural Gas Senior Staff Association (PENGASSAN), Engr. Jonto Terhemen implored Management to change its style by utilizing staff trained over the years in the delivery of first class engineering, procurement, construction and project deliverables in the oil and gas industry. According to the NETCO Branch PENGASSAN Chairman, training must be done aggressively through total overhaul in the area of On-the-Job Training (OJT).