Nigeria should financially support indigenous companies in the oil industry to ensure that Nigerians can participate in its development, a senior academic has suggested at the Offshore West Africa Conference.Offiong Akpanika, lecturer in the department of chemical and petroleum engineering at Uyo University, said too many Nigerian companies were failing because they refused to unite and draw attention from multinationals and government as viable enterprises. “We want to have sustainable industrial growth and generate national wealth.”By setting local content targets, the government has encouraged the growth of Nigerian service suppliers to the industry and the start-up of Nige...