By Grace Udofia
The Nigerian Content and Development Management Board (NCDMB) has mandated all foreign Operators, Contractors, Service Companies, amongst others, to purchase only Low Voltage (LV) and High Voltage (HV) cables manufactured by indigenous companies in Nigeria.
Executive Secretary of NCDMB, Simbi Wabote who disclosed this in a statement, revealed that the board has taken this measure as part of its responsibility to encourage, develop and protect home-grown investors.
He also assured foreign contractors that the LV and HV produced by these local companies have been made to meet the specification of the oil and gas industry.
“Operators, Alliance Partners, EPC contractors, Sub contractors, Vendors/Servicing Companies etc, are hereby notified of in country manufactured Low Voltage (LV) and High Voltage (HV) that meet the specification of the oil and gas industry.
“NCDMB is mandated to develop capacity of local supply through Direct Capacity Development intervention or support to investors to set up facilities.
“NCDMB has a responsibility to ensure that these investors are protected in line with the intent of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.
“The policy intervention by the board to encourage investment is to mandate stakeholders to prioritize the utilization of manufacturing facilities in the procurement of LV and HV cables.
“Accordingly all project promoters in the Nigerian oil and gas industry are by this public notice required to ensure that procure the of LV and HV cables required for any project in the Nigerian oil and gas industry shall be procured only from the under listed Nigerian cable manufacturing companies:
- Nexans Kablemetals Nigeria
- Nigerchin Electricals Dev. Co. Ltd
- Micom Cables
- Nocaco Cables
- Curtix Plc
“In compliance with section 11 and 12 of the NOGICD Act of 2010, procurement of LV and HV cables outside the shores of Nigeria shall no longer be granted by the board, effective from the date of this publication,” the statement read.