*NCDMB MOVES TO MITIGATE START-UP COSTS FOR LOCAL MANUFACTURERS WITH OIL AND GAS PARK SCHEME*
The Nigerian Content Development and Monitoring Board (NCDMB) has assured that the creation of the Nigerian Oil and Gas Park Scheme will help mitigate exorbitant start-up costs for local manufactures in Nigeria’s Oil and Gas sector, in setting up manufacturing plants.
This assurance was given by the Executive Secretary of the NCDMB, Engr Simbi Wabote who was represented by Mr Abdulmalik Halilu, General Manager, Research, Statistics and Development, NCDMB, on Friday while he led other African oil players on a tour of the Project Site in Emeyal-1, Ogbia, Bayelsa State.
The ES who led the delegation on the heels of Thursday’s African Local Content Roundtable held in Yenagoa, harped that in implementing local content, the supply chained must be considered, while government on its part, m...