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Why Oil & Gas Move

• Telecoms industry experienced a huge dip when operators introduced a strategy to sell off their infrastructure to international companies hence narrowing profitability as services and maintenance and other scope of services also went with the sale.

• Unfair competition between multinationals and local companies where the multinationals have access to long term cheap funds, and the NCDMB does not apply, creating undue advantage for the Multinationals.

• HSE Culture not too good.

• As early as March 2008, we have been registered with the Department of Petroleum Resources (DPR) and NIPEX to carry out Telecommunication Services in the Oil Industry. We were also Audited the same year by NIPEX.

• We discovered that we have the ability to increase capacity in other areas in the Oil & Gas Industry, thus we have secured more Engineering Services Permits with the DPR to give Trussnet a competitive edge.