The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr. Felix Ogbe, has commended the leadership of Monarch Alloys Ltd for providing the facility that brings high-performance 3LPE and concrete weight coating capability into Nigeria.
Speaking at the commissioning ceremony of the Monarch Alloys Limited and 3LPE and Concrete Weight Coating Facility on Thursday in Lagos, Mr. Ogbe stated that building the national capacity should be a shared responsibility.
Ogbe stated that the facility is not only technical excellence, but economic benefit that stays within the country.
He described the facility as a testament to what is possible when private enterprise aligns with national vision, and when local capacity is not only developed, but demonstrated with confidence.
While reiterating that the Nigerian Content is not about ‘Nigerianisation’ or exclusion of foreign participation in the Oil & Gas Industry, but about value creation in Nigeria by encouraging the involvement of multinationals and Original Equipment Manufacturers (OEMs) in a mutually beneficial manner.
“At the Nigerian Content Development and Monitoring Board, we are particularly proud of this development because it speaks directly to the mandate of the Board.
“It strengthens our value chain, deepens local participation, and affirms our collective commitment to building an oil and gas industry driven by Nigerians.
“This facility aligns with the intent of the Nigerian Content Equipment Certificate, NCEC, a key instrument under the NOGICD Act. The NCEC is issued to manufacturers and OEMs who commit to establishing production in Nigeria for components, equipment and systems used in the oil and gas industry.
“Under Section 12 of the Act, such manufacturers and OEMs are given priority consideration during technical bid evaluations. This means companies like Monarch Alloys are not just contributing to industrialization, but are also positioned to benefit directly from local contracting opportunities.
“The economic implications are significant: job creation, skills development, stimulation of local manufacturing and logistics. Monarch Alloys is not only serving a sectoral need; it is actively contributing to national development,” he said.
He, however, called on all stakeholders in the oil and gas industry to join hands to make the industry a global benchmark and a national pride.
Ogbe also called on all stakeholders, particularly the operating companies, International Oil Companies and their national counterparts to deepen their collaboration with local players.
He described the establishment of the facility as another step towards Nigeria’s ability to provide advanced pipeline infrastructure, designed, built, and completed right in-country.
“For too long, critical elements such as pipeline coating were sourced from abroad, draining both opportunity and value from our economy. Today, that equation is shifting,” he said.
Ogbe also expressed NCDMB’s unwavering support of initiatives such as this.
“Our mandate is clear: to create an enabling environment where Nigerian businesses are empowered to grow, deliver, and lead. The facility we commission today is a model of what looks like in practice.” he added.
GIK/APA