Business is booming.

NCDMB emphasises commitment to healthy competition among indigenous firms

 

By Obiabin Onukwugha

The Nigerian Content Development and Monitoring Board (NCDMB) has emphasised its commitment to promoting healthy competition among indigenous companies operating in the country.

NCDMB executive secretary, Engr. Felix Ogbe, expressed the commitment, during a facility tour of an indigenous energy company, Bunorr Integrated Energy Limited, at Omagwa in Ikwerre local government area of Rivers State on Tuesday.

Ogbe, who was represented by the Chief Supervisor, Government Relations, Mr. Teddy Bai, who described the facility as world-class, stated that the company is a reflection of what the Board stands for.

He said: “We encourage local healthy competition. We don’t encourage incompetence. What we have here is world-class, regardless of the location. So, that is what local content also stands for. We also pursue quality.

“We talk about clean environment, we talk about clean energy. Let the world know that pollution is not what our brother in the creeks do alone. Those who have up to four or five cars, service their cars every five months and throw away the condemned oil, that is also pollution.”

Earlier in his welcome address, Managing Director of Bunorr Integrated Energy Limited, Modestus Okeke, said the company has, within the last six months, achieved partial but stable commercial production. He also noted initial challenges that led to the shut down of the company some months ago.

“This visit is of great significance to us, not only because NCDMB is a critical stakeholder in Bunorr, but also because your presence today signals confidence in our journey, our technology and our vision.

“Despite the plant shut down for over two years during technical commissioning, the last six months marks a period of revival, stabilization and significant progress. We have achieved partial but stable commercial production, demonstrating the capability of the plant to operate continuously,” Okeke said.

He noted that the progress so far recorded by the company in the past six months is deeply connected to the support, oversight and strategic partnership with NCDMB.

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