NCDMB Launches Nigeria’s First Oil and Gas Park


@ katsina city news

Nigeria’s first oil and gas park built by the Nigerian Content Development & Monitoring Board (NCDMB) has opened its doors for business.

The Board’s Director of Corporate Communications, Engr Ginah O. Ginah, disclosed this during a media tour of the park located in Odukpani, Cross River State.

He noted that all required facilities have been provided to make the place conducive for the manufacturers which include manufacturing hall, security, roads, 24-hour power supply, banking hall, restaurant, and state-of-the-art ICT facilities.

Other facilities include fire service department, water treatment plant, mini parks for accommodation, and free land for those who wish to build their own structures.

He disclosed that, to further make the park attractive, the Federal Government has pledged $50m to attract companies to the park which is located on 25 hectares of land.

Engr Ginah disclosed that several other such parks are under construction across the Niger Delta as part of NCDMB’s efforts to increase local content in the oil and gas industry and drive Nigeria’s industrialisation.

“We have taken Nigeria’s local content level from 5% to 55%. The industry spends about $20 billion a year, so you are talking of about $10 billion saved annually.

“This park is ready for habitation, we have already advertised for interested manufacturers and are presently going through applications to see those who are qualified,” Engr Ginah said.

Eng Ginah added that another Park is on process of completion isĀ  the one of Bayelsa state and more parks are coming in other oil producing states.

Katsina city news


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