Busy weekend for a Technocrat passionate about Nigeria’s greatness It was indeed a busy weekend for Engr Simbi Wabote the Executive Secretary of the Nigerian Content Development and Monitoring Board.

Busy  weekend for  a Technocrat  passionate about Nigeria’s  greatness, It  was indeed a busy weekend for Engr Simbi Wabote the  Executive Secretary of the Nigerian  Content  Development and Monitoring Board.
This is a man that is so passionate about Nigeria’s  greatness and development and is doing everything possible to make Nigeria great again. On Friday last week reports had it that  Nigeria Content Development and Monitoring Board ( NCDMB)  stakes  $10m  on  Waltersmiths Modular Refinery, an  agreement he signed in Lagos  and the next Monday  he was in Abuja for another National Assignment  for a Nigerian Content seminar.
If all the government agencies are this busy and working  hard to make Nigeria great the country would be a better place to be. Last  Friday in Lagos the Nigeria Content Development and Monitoring

Board  signed a $10m equity investment  agreement with  Waltersmiths refining and petrochemical  company  limited for the construction  of a 500 barrels  per day modular refinery to be located in  Ibigwe , Imo state.

Engr Simbi Wabote The Executive Secretary of the Nigerian Content Development and Monitoring Board.

The Executive Secretary of NCDMB Engr Simbi Kesiye Wabote  and the Director of Finance  and Personnel Managements  Mr Isaac  Yalah signed on behalf of the Board while  the Chairman of Waltersmiths  Mr Abdulrasaq Isah and the  Executive Vice Chairman  Mr Danjuma  Sale signed for the company. Engr  Wabote said  the investment decision was  in line with the Board’s vision  to be the catalyst  for the Industrialisation  of the Nigeria oil and Gas  industry  and its linkage sectors. He added that the Board was also keen to support  Federal Government’s policy  on modular refineries  and meet the key objectives  of the Petroleum Industry ‘s seven big wins launched by President Muhammadu Buhari  in 2016. And the Economic Recovery  and growth programme. It will be recalled that the Federal Government recently announced plans to replace illegal oil refineries with modular refineries as part of a wider plan for the development of the Niger Delta, and the country’s oil and gas industry.

The Minister of state Petroleum Dr Ibe Kachikwu said recently that discussions have already begun on the modalities for operating modular refineries. He said “In the past few weeks, we have had open and prospective discussions with some of the refiners and government is assiduously working to ensure this initiative is carefully implemented without destruction to the environment.
“This will not only provide a legal job and source of income for the populace, but also contribute to our national productivity. “
In another development the Nigeria Content Development and Monitoring Board is set to commence a forensic  audit into $200m Nigerian Content Development Fund. Executive Secretary of NCDMB  Engr Wabote stated this in Abuja on Monday while speaking  on the theme ‘driving Nigeria’s oil and gas
industry  towards sustained economic development  and growth’ at a seminar on  Nigeria’s  oil and gas conference. Speaking at the conference Mr Wabote warned  that if the Board discovers any sabotage in the remittance of one percent  NCDF Charge it will not hesitate to handover such defaulting company to the EFCC. He regretted that despite efforts of the Board to ensure the success of the local content in the country, some International oil companies  were in the habit of coming up excuses why the local content cannot be achieved. He said ‘this is no longer acceptable’.
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