(AGENDAWATCHDOG) – The 17-story Nigerian Content Tower in Bayelsa State was virtually commissioned by President Muhammadu Buhari on Thursday.
The tower, which is a project of the Nigerian Content Development and Monitoring Board (NCDMB), will serve as its headquarters.
President Buhari, in a speech broadcast via Zoom from the State House in Abuja, described the tower as historic, expressing his pleasure that the project was prosecuted by local contractors in conjunction with local engineers and project consultants.
The President, who mandated the Minister of State for Petroleum Resources, Timipre Sylva, to commission the building on his behalf, admonished all contributors to the project to be proud that they finished what they started.
The NCDMB building comes with its own 10-Megawatt gas-fired power plant and a 1,000 seater conference hall.
Also commissioned by President Buhari is the power plant which, according to the NCDMB, was built in partnership with the Nigerian Agip Oil Company.
Present at the commissioning ceremony were the Bayelsa State Governor, Douye Diri, who delivered a speech at the event, the Minister of Information and Culture, Lai Mohammed and Minister of Transportation, Rotimi Amaechi, who attended the commissioning virtually.
The NCDMB was established by the Nigerian Oil and Gas Industry Content Development (NOGICD) Act which came into effect on April 22, 2010.
POTENTIAL IMPACT: The NCDMB building is a symbol of the significance of local content to the country’s quest for self-reliance. Local Content and Self Reliance are key principles of the recently approved 2.3 trillion Naira National Economic Sustainability Plan. The plan is aimed at the promotion of local production, local services, local innovation, and the use of local materials.