Written by Godfrey AKON

NCDMB tower: ‘incentive for firms to relocate to N/Delta’


Indigenous oil and gas service companies under the aegis of Project 100 have expressed hope that the completion and commissioning of the seventeen storey Nigerian Content Development and Monitoring Board, NCDMB, headquarters would further create the enabling environment for oil companies willing to relocate their offices to the Niger Delta region.


Project 100 also described the commission of the edifice by President Muhammadu Buhari as an enormous step towards expanding local content development and a feat capable of attracting more investors into Nigeria’s oil and gas sector.


The seventeen storey headquarters of the NCDMB located in Yenagoa, the Bayelsa State capital, comes with its own 10 Megawatts gas-fired power plant and a 1,000 seater conference hall.


The Project 100 beneficiary companies in a congratulatory message to the President, the Minister of State for Petroleum Resources, Chief Timipre Sylva and the Executive Secretary the NCDMB, Engr. Simbi Wabote applauded them for demonstrating a strong political will in continuing the project and completing it in record time.


Chairperson of Project 100 Executive Committee, Mrs. Funmi Ogbue, who signed the message, said the 10-Megawatt gas-fired power plant and 1,000 seater conference hall as well other infrastructures within the tower could serve as incentive for oil companies to open new operational offices, since siting within the cluster of the tower will allow for sharing of critical infrastructure like power, technology and a host of other resources.


The ultra-modern tower was started in 2015, executed by an indigenous company, using mostly locally sourced materials and labour. The project generated over 250 direct and indirect jobs and created vast opportunities for artisanal skill development.


Ogbue, who is also the Managing Director of Zigma Ltd, expressed the delight of the Project 100 companies over the new building, especially the fact that it was delivered by local contractors and supported by other local engineering and project consultants. 


She said the Project 100 companies share the belief of President Buahri that local production and patronage of Nigerian goods and services was one of the surest ways to empower citizens, and give them viable opportunities to excel.


“P100 companies align with the president’s speech that completion of the project reflects the drive of the present administration to provide infrastructure across the country to serve as a monument for investment and enabler for job creation.


“We salute President Buhari’s commitment for continuity, and a demonstration that skyscrapers and other laudable structures can be built in the Niger Delta.




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