NCDMB’s new industrial park to revive manufacturing

Ernest Nwapa inspecting a pipeline mill run by Jolotex Nigeria LimitedKunle Kalejaye

13 July 2014, Sweetcrude, Lagos – To boost local manufacturing of quality goods in the Nigerian oil and gas industry, the Nigerian Content Development and Monitoring Board, NCDMB, has set up the Nigerian Oil and Gas Industrial Park Scheme, NOGIPS.

NOGIPS became necessary due to the dearth of in-country capacity for the manufacturing of goods in the industry, a major challenge with the implementation of Nigerian local content policy.

The absence of the Nigeria local content policy led to heavy reliance on imported goods for project delivery as well as consumption and maintenance requirements during oil and gas operations.

In addition, despite nearly $500 billion investment in the industry over the last 50 years, no serious legacy facility or infrastructure could be traced to any generation of major projects in the industry, resulting in thousands of Nigerian job being taken abroad.

NCDMB’s Public Affairs Officer, Mr. Obinna Ezeobi, in a statement made available to SweetcrudeReports, said NCDMB aims, through NOGIPS, to attract and stabilise domestic and foreign direct investment in the business of manufacturing goods for the oil and gas industry.

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