Wednesday, 2 September 2015

NCDMB To Partner With Bayelsa State Government on Oil and Gas Parks


Partnership plans are currently on ground between the Bayelsa State Government and the Nigerian Content Development and Monitoring Board (NCDMB) in the development of the Nigerian Oil and Gas and Park Scheme, as revealed by the NCDMB Executive Secretary, Mr. Denzil Kentebe, National Mirror reports.

The Executive Secretary who was represented by the Director, Fi­nance and Personnel Management, NCDNB, Alhalji Mustapha Mamu­du confirmed that the Board initi­ated the Parks Scheme and the Po­laku Pipe mill to bring operations of the oil and gas industry closer to the oil fields and stimulate industri­alization in the Niger Delta region.

In the first phase of the project, the parks would be cited in Bayelsa, Imo and Cross Rivers State. The concept of the parks is targeted at promoting manufacturing of oil and gas com­ponents, providing opportunities for research and development and in­tegrating oil and gas based entrepre­neurs into manufacturing through mentoring by Original Equipment Manufacturers (OEMs) and other multinationals.

Kentebe, while speaking at the just concluded 2nd edition of the Bayelsa State Investment and Economic Forum (BSIEF), promised that NCDMB will work with the Bayelsa State Government which has announced plans to establish a 50 hectare Eco-Industrial Park that would have des­ignated areas for different sectors of the economy including the oil and gas industry.


Details of the partnership need to be worked out, from the synergy between both parties to avoid duplication of efforts and waste of scare resource as noted by the Executive Secretary.

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