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‘COVID-19 Pandemic Blessing For Local Content Development In Oil Industry’

Engr. Simbi Kesiye Wabote, the Executive Secretary, NCDMB, while speaking, explained that the Board developed a 10-Year Strategic roadmap in 2017 and commenced its implementation in January 2018, with an ambitious goal of achieving 70 percent Nigerian Content level by the year 2027.

He said: ”Technical Capability Development is one of the pillars of our Strategic Roadmap meant to facilitate the building of manufacturing facilities and capabilities to support in-country manufacturing and assembly of equipment and input materials required for exploration and production activities’’.

Wabote explained that the strategic roadmap provided the leverage to use the Polaku land for gas related activities and partner with Rungas Limited to setup LPG Cylinder Manufacturing plant; Shell Nigeria Gas to set up Pressure Reduction and Metering Station and Total Support Energy Limited for the provision of CNG and LNG mother-stations.

Shedding more light on the Board’s new strategies for the Polaku land, Wabote stated that, “within a year of changing the direction towards gas, we have finalized partnerships with three investors with four hectares of the land already taken up.

He mentioned that these activities will contribute to the drive towards the 70 percent Nigerian Content and creation of job opportunities and other economic activities.

He also congratulated Rungas Prime Industries Limited and other stakeholders for taking the bold step to bring the facility to Bayelsa State.

He spoke on the Gas Hub and explained that the project was in furtherance of the efforts of President Muhammadu Buhari’s administration to diversify the Nigerian economy by developing the nation’s huge gas resources across the entire value chain.

commended NCDMB for re-strategizing to utilize the 10 hectares of land for gas-related projects, adding that the event is a practical step being taken to give effect to the Federal government declaration of 2020 as a year of gas.

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