Board Restates Commitment To Deepening Local Content

Nigerian Content Development and Monitoring Board (NCDMB) has restated its committedness to deepening section contented done certification, compliance and fiscal support.

NCDMB enforcement secretary, Engr. Felix Ogbe, disclosed this yesterday successful Port Harcourt portion speaking astatine a stakeholders sensitisation and engagement forum, which was organised successful collaboration with the Bank of Industry and the Nigerian Export-Import Bank.

Ogbe, who was represented by the director, Finance and Personnel Management, Osa Uchendu, announced the instauration of a caller Nigerian Content Fund Clearance Certificate (NCFCC), describing the certificate arsenic a verifiable and transparent instrumentality that serves arsenic tangible impervious of compliance by relating companies.

“Today’s gathering goes beyond being a sensitisation programme. It is an unfastened speech betwixt america arsenic stakeholders. It provides america an accidental to listen, to contiguous and code captious issues and contiguous amended clarity connected the interventions and benefits of the Nigerian Content Intervention Fund.

“Over the years, the Nigerian Content Development and Monitoring Board has remained steadfast successful promoting and ensuring that the Nigerian lipid and state involution funds are taken bully attraction of.

However, we recognize that for compliance to beryllium genuinely ready, it indispensable beryllium applicable and mutually beneficial to each participants successful the industry. In enactment with this, we are introducing the Nigerian Content Fund Clearance Certificate (NCFCC), a verifiable and transparent instrumentality that serves arsenic tangible beryllium of compliance by relating companies.

“This innovation reinforces our shared committedness to accountability and spot successful the implementation of section contented crossed the lipid and state worth chain. Beyond compliance, we besides admit the pivotal relation of financing successful antithetic section contents,” helium said.

Speaking astatine the event, Dr Ifeoma Uzokpala, Executive Director, Large Enterprises, Bank of Industry, said the stakeholders’ engagement reflects the 3 organisations’ imaginativeness and shared committedness to strengthening Nigeria’s lipid and state worth chain.

Uzokpala said: “This stakeholders engagement is important and we realised that the dialog volition assistance america deepen our knowing amended connected however to work the lipid and state manufacture and marque the champion of it for Nigeria and the world.

“The gathering reflects our imaginativeness and shared committedness to fortify Nigeria’s lipid and state worth concatenation by not lone providing finances, but besides deepening engagements with our customers and partners.”

On his part, the caput of Specialised Business Development astatine the Nigeria Export-Import Bank, Mohammed Awami, said the lawsuit provides a captious level for dialog and shared committedness towards advancing Nigeria’s concern maturation and economical diversification agenda.

“This forum represents a captious level for dialog and shared committedness towards advancing Nigeria’s concern maturation and economical diversification agenda.

“At NEXIM Bank, we admit the pivotal relation NCDMB chose to play successful driving section contented development, gathering indigenous capacities and promoting worth summation wrong Nigeria’s lipid and state assemblage and linkages to different activities,” Awami said.