NCDMB targets $14bn in-country retention in yearly oil and gas industry spend

NCDMB targets $14bn in-country retention in yearly oil and gas industry spend

The Nigerian Content Development Monitoring Board (NCDMB) is targeting in-country retention of $14bn out of the $20billion yearly industry spend, and creation of 300,000 direct jobs. It also plans for target of 70 percent in-country value retention within the next 10 years. Simbi Wabote, executive secretary, NCDMB, stated this at Owerri, Imo State, at the…

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