NCD: Beyond Oil, Gas “we’ll work with National Assembly to convert the executive orders into an Act.”
T
he Nigerian Content D evelopment and Monitoring Board is pursuing a ten-year road map that would see it cover grounds on a number of daring goals, ranging from the proliferation of refineries across the country; creation of industrial parks at strategic regions which would attract original equipment manufacturers (OEM), encourage inflow of investment and jump start the nation’s much-soughtafter industrialization. Still part of its goals is to develop a list of indigenous companies and to give them that worldclass status, such that they can compete internationally; ensure availability of funding for the 28
Majorwaves Energy Report
industry via its NCIF scheme which is being managed by the Bank of Industry; grow research and development such that wellequipped centers of excellence will bring the academia and industry together for home-grown answers to Nigerian oil industry technical challenges. As an independent member of the fourth estate of the realm, Majorwaves Energy Report decided to catch up with the Executive Secretary of the NCDMB, Engr Simbi K. Wabote, in order to ascertain the level of progress with the agency’s goals and to know how Nigerian Content Development will fare in linkage sectors which are outside
AUGUST 2019, Vol 2 No 5
the jurisdiction of the NOGICD Act. Excerpts by Jerome Onoja Why did you restrict Project100 to just a few number of companies, and what is the progress with them? You can’t build capacity of people to deliver highly technical service just in a day; it takes a lot of time. We have transparently selected about sixty of those documents that applied, based on the criteria. Yes, the target is a 100 as we said, but by January 2020, we will then look at the remaining 40, but we will definitely cap it up to 100. www.majorwavesenergyreport.com