NCDMB to develop Oil and Gas Park in Ondo State

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The Nigerian Content Development and Monitoring Board, NCDMB, said it has commenced activities to develop an oil and gas industrial park in Ilaje, Ondo State under its Nigerian Oil and Gas Park Scheme, NOGaPS.

According to the Board, its team with the Ondo State government officials recently visited the project site to assess the location of the proposed oil and gas park.

The Ilaje oil and gas industrial park is the sixth under the portfolio of NOGaPS aimed at creating low-cost manufacturing hubs that will produce equipment components and spare parts to be utilized in the nation’s oil and gas industry, the Board stated.

The team was received at the Government House in Akure, the state capital by Governor Rotimi Akerodolu and his Deputy, Lucky Aiyedatiwa, where the Governor who commended the NCDMB for its efforts and for selecting Ondo as the next state in its NOGaPS development, promised to provide full support for the timely realization of the project in the state.  

The Board noted that the development of oil and gas industrial parks is part of its drive to deepen Nigerian Content in the Oil and Gas Industry as it form a huge part of its 10-year Strategic Roadmap aimed at increasing the Nigerian Content level in the oil and gas industry to 70% by 2027.

It revealed that two of the industrial parks in Emeyal 1, Bayelsa State and Odukpani, Cross Rivers States are at advanced level of construction and are scheduled for commissioning before the end of 2022.

The Board further disclosed that it is also developing the Oil and Gas Park project in Oguta in Imo State, Ikwe, Onna Local Government Area of Akwa Ibom State and in Delta State which are in different stages of development.

By Sunday Elom N


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