Browsing: Nigerian Content Development and Monitoring Board

He said, “It is important we continue to sustain the institutional engagement and negotiations which are key to the development of the region. Our target is zero militancy by the middle of 2017, and an incident reduction in the region by 90 per cent by 2018. We must resolve current militancy problems and bring back oil production to 2.2 million barrels per day.”

He stated that Egina was the first major project to start under the Nigerian Content Act and the
the Board’s strategy ensured the utilization of existing in-country capacity, upgrade of facilities to meet the targets specified in the Nigerian Content Act and Capacity Development Initiatives (CDIs) where local capacities did not exist.