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10 Year Roadmap: NCDMB completes 20 short terms initiatives ...signs deal for 2 Gas Plants, Base Oil Facility
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h e N i g e r i a n C o nt e nt Development and Monitoring Board (NCDMB) has completed the i mplementation of 2 0 shor t ter m i n itiatives a s pa r t of the 10 -Yea r Niger ia n C ontent Strateg ic Road map. T he E xecutive S ecreta r y of NC DM B, E n g r. Si m bi Ke siye Wa b o t e s t a t e d t h i s a t t h e o p e n i n g o f t h e 9 t h e d it i o n of the Practical Nigerian C o n t e n t Wo r k s h o p h e l d i n the conference ha ll of the new NC DM B headq ua r ters i n Ye n a g o a , B a y e l s a S t a t e , i n D e c e m b e r, w i t h t h e t h e m e , “Leveraging Local Expertise for Market Growth and Expansion”. He confirmed that 25 initiatives were pla n ned for the f i rst two yea rs of the road map a nd the du rat ion of f ive item s wou ld be extended, add i ng that the percentage of Nigerian C ontent implementation had moved from 26 percent to 30 percent in the la st two yea rs of the 10 -yea r plan. He stated that NCDMB will mark its 10th year anniversar y i n 2 02 0 a nd wou ld orga n i z e 16
a strateg y rev iew ses sion a nd “eva luate the rema i n i ng eig ht ye a r s of t he road map to put i n pl ac e ne c e s s a r y me a s u r e s to meet the 70 percent Niger ia n C ontent ta rget by the y e a r 2 0 2 7.” A s p a r t o f h i s welcome speech, the E xecutive Secretary signed agreements for NC DM B’s pa r tnerships i n the establishment of two gas plants a nd a ba se oi l faci l ity. T he first a g reement wa s w it h D r. M a s o n O g h e n ej o b o of Bu nor r I nte g rate d E nerg y Ltd for t he e st a bl i sh ment of 4 8 , 0 0 0 l i t e r s /d a y B a s e O i l P r o d u c t i o n F a c i l i t y, t o b e located at Greater Port Harcourt A rea, R ivers State. T he second ag reement wa s w ith Mr. L anre Runsewe of Rungas Limited for the esta bl ishment of 40 0,0 0 0 per day Ty pe-3 L PG Cyl i nders ma nu factu r i ng pla nt, to b e developed at Pola ku, Bayelsa State, in pa r tnership w ith NC DM B. T he thi rd dea l wa s executed w ith Eng r. C hi bui ke Achigbu of Chimons Gas Ltd for the establishment of 168,000MT per a n num L PG L oad i ng a nd
Majorwaves Energy Report JANUARY 2020, Vol 3 No 1
R e c e i v i n g Te r m i n a l , t o b e located at Koko, D elta State. Wa b ote ex p r e s s e d hop e t h at the pa r tnerships would help to reverse capita l f light currently associated with these products, with the estimated turnover put at $ 36 0 m i l l ion per yea r. He tha n ked the G over n i ng C ounci l of NC DM B under the chairmanship of the Minister of State for Petroleum Resources, C hief T i mipre Sylva for g iv i ng approvals for the partnerships. Giv i ng deta i led repor ts of the Boa rd’s achievements, Wa bote repor ted that NC DM B had secured approva ls for the awa rd of n i ne contracts f rom the Federa l E xecutive C ou nci l to progress work on the development of oil and gas parks i n A kwa I b om, Bayel s a, a nd C ros s R iver states, to domici le and domesticate manufacturing i n- countr y. He mentioned that the Board took up equity in the 12,000 barrels per day AZIKEL Hydroskimming Modular in B ayel s a St ate a f ter t he f i r st pa r tnership w ith Wa ltersmith Modular Refinery in Imo State.
