HomeBusinessNCDMB retirees celebrate local content growth from 5% to 61%

NCDMB retirees celebrate local content growth from 5% to 61%

The Nigerian Content Development and Monitoring Board has honoured 14 of its retired employees for their contributions to the growth and development of local content in Nigeria’s oil and gas industry.

The retirees were honoured at a celebration dinner held on Sunday at the Conference Centre of the Nigerian Content Tower, Yenagoa, Bayelsa State.

The event also provided an opportunity for former management staff of the board to reflect on the challenges surrounding the implementation of the Nigerian Oil and Gas Industry Content Development Act, 2010, and the progress recorded since its enactment.

Speaking at the ceremony, a former Director of Legal Services, Mohammed Umar, said the implementation of the Act was initially met with resistance from major players in the oil and gas industry.

Umar said the board had to deploy tact and sustained engagement to convince industry operators of the benefits of complying with the local content law.

This post was originally published on this site.

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