‘Nigerian Content In Oil Sector Rises To 42%’ – Leadership News

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‘Nigerian Content In Oil Sector Rises To 42%’

Executive secretary of NCDMB, Mr Simbi Wabote, gave the update on Wednesday, while speaking at a Local content workshop for the Judiciary in Bayelsa.

The growth, according to Wabote, translates to retention of over $8 billion of the $20 billion annual spending in the industry, within the Nigerian economy and part of the NCDMB’s 10-year plan to achieve 70 per cent by 2027.

 

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