The Nigerian Content Development and Monitoring Board (NCDMB) has called for diversification of focus on Nigerian Content beyond the petroleum industry in order to give local companies in other sectors of the economy a boost.
Executive Secretary, NCDMB, Simbi Wabote, made this call during a courtesy visit made in conjunction with major IOCs to the Dorman Long Galvanizing Plant in Lagos.
“A country with a mono-product economy is at great risk, and we can see its effect in Nigeria today. So, the board is exploring how they can support the government, to extend what has been achieved in the local content for Oil and Gas sector to other sectors of the economy,” he said.
According to him, investment opportunities abound in other sectors, like Construction, Telecommunications, Power Projects, Transportation (Railway and Aviation) that local content policies and strategies can benefit from.
Wabote expressed his pleasure with the in-house facilities at the Dorman Long complex and gave his assurance that NCDMB will do its own part to create increased awareness within the industry of the existence of a fantastic state of the art galvanizing facility in the company.
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