Nigerias junior minister of petroleum implores NCMDB to pursue local content programme
Timipre Slyva, junior minister, petroleum resources and chairman of the governing council of the Nigerian Content Development Board (NCMDB), Nigerias special purpose local content body, has inaugurated the new governing council of the board with a request that the content programme of the Nigerian government should be vigorously pursued
He referred to the 10 years of NCDMBs existence and what in his estimation had been achieved - monumental strides in deepening the Nigerian content in the Nigerian oil and gas industry; facilitating the registration of more than local 8,000 service providers and more than 60 operating companies, four active dry docking facilities, and five impressive pipe coating yards. The growth of a large number of successful indigenous operators which now account for more than 15 per cent of the oil production and 60 per cent of domestic gas production and with infrastructure in place for integration of FPSO in-country.
He listed also the construction of oil and gas parks in Bayelsa and Cross River States, two oil producing states, meant to enhance local manufacturing with the expectations of creating more than 2,000 direct jobs when completed, as another major achievement of NCDMB.
Sylva noted the NCDMB investment policy had helped in the efficient usage of the Nigerian Content Development Fund, leading to the partnership in setting up modular refineries, LPG value chain and other manufacturing ....