The Nigerian Content Development and Monitoring Board (NCDMB) has debunked published stories in some news medium that the Board queried the delay in the passage of the Petroleum Industry Governance Bill (PIGB) and infrastructural development in the rail sector.
The Board’s General Manager, Corporate Communications, Ginah O. Ginah, who represented the Executive Secretary at a one-day sensitisation seminar on “Local Content Development in Shipping, Oil and Gas Logistics Operation in Nigeria,” organised by Maritime Reporters Association of Nigeria (MARAN) recently in Lagos, said it is absurd to ascribe such story to an agency of government established by law to be at the forefront of local content development.
Ginah said he was shocked and embarrassed by the publication and wishes to categorically reject and refute the story as complete misrepresentation. He declared the entire reportage as inaccurate and conjectures
Specifically, he argued that the federal government’s focus on rail projects abandoned for three decades are impactful and will catalyze commerce across the country and enhance the revamping of the steel industry, which will in turn accelerate local content performance in the oil and gas industry and linkage sectors.
He further stated that participants at the seminar agreed that there is need for all to quicken the passage of the (PIGB) to spur more investments.
He reiterated that NCDMB is determined to collaborate with other stakeholders, including NIMASA to implement and enforce the provisions of the Nigerian Oil and Gas Industry Content Development Act for the benefit of Nigeria and all Nigerians. He affirmed that the Board has continued to enjoy excellent support from the highest level of government under President Muhammadu Buhari which has enabled the agency to discharge its mandate.