Content board wants US to set up factory in Nigeria

Nigeria Content Development and Monitoring Board (NCDMB) has appealed to a Houston based Original Equipment Manufacturers (OEM) to set up facilities for manufacturing and services in the oil and gas sector in Nigeria.
This appeal comes ahead of the scheduled address to the Houston community and potential OEMs at the Nigeria Content Investment Forum (NCIF) by the Executive Secretary of the Board, Denzil Kentebe, coming up next year.

According to a statement, the Forum was created to serve as a platform to bring Nigerian oil and gas SMEs who have manufacturing pedigree together with international original equipment manufacturers of components, including but not limited to upstream development, upstream operations and logistics, downstream and mainstream.
It said the forum would stimulate collaboration between Nigerian SMEs and the OEMs towards local manufacture of key inputs of oil and gas production, transportation, and distribution.

It said: “The forum will enable credible stakeholders to share experiences, identify possible synergies in the various areas of operation so that professionals and entrepreneurs alike can collaborate to develop and optimize Nigeria’s hydrocarbon asset as well as those in other Sub-Saharan African countries.
“In addition, the forum will showcase the gains of the Nigerian Content Act and the opportunities for collaboration, growth and development contained therein.”
The Nigeria Content Investment Forum is scheduled to hold on Saturday, May 2nd, 2016 at the opening weekend of the Offshore Technology Conference (OTC) in Houston, the USA.