Afrigather 
The Nigerian Content material Improvement and Monitoring Board has launched a N7bn pipe manufacturing plant at Polaku, Bayelsa State.
The Government Secretary of NCDMB, Engr Simbi Wabote, carried out the groundbreaking ceremony, noting that the plant would manufacture Glass Bolstered Epoxy and Glass Bolstered Plastic pipes with an estimated funding outlay of about N7b.
Talking on the occasion, the Government Secretary recommended the Administration of AS Energies Restricted and its subsidiary, African Star Manufacturing Companies Ltd, on the profitable take-off of the development work on the pipe manufacturing plant.
He famous that the venture was consistent with the mission assertion of NCDMB: “To advertise the event and utilisation of in-country capacities for the industrialisation of Nigeria by the efficient implementation of the Nigerian Content material Act”.
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The development exercise was described as a dream come true for the Polaku neighborhood as plans for a pipe manufacturing mill within the space had been on the drafting board for a decade.
In line with Wabote, the pipe manufacturing plant is a testomony to the large strides in native content material drive within the nation.
He additionally assured AS Energies Ltd that the NCDMB would give due consideration to its request for help.
He equally enjoined the corporate’s administration to discover obtainable financing choices to make sure that the venture can be delivered on schedule.
In a welcome handle, the Managing Director/Chief Government Officer of AS Energies Ltd, Engr Gbenga Olaniyan, mentioned the selection of Polaku as the location for the US$8.8 million venture was deliberate, as the corporate sought to be a growth companion within the space.
He expressed appreciation for the help supplied by the Bayelsa State Authorities, NCDMB administration, and the host neighborhood as his firm initiated plans to attain its targets.
