The Nigerian Content Development and Monitoring Board has signed an agreement with Shell Nigeria Gas Limited for the lease of one hectare out of the Board’s land located at Polaku, Bayelsa State.
Shell will use the land for the development of Pressure Reduction Metering Stations at Polaku, in Yenagoa LGA of Bayelsa State
According to the Executive Secretary of the Board, Simbi Wabote, the act was in tandem with NCDMB's vision to industrialise the Nigerian oil and gas industry.
Wabote's words: “In line with our vision to be a catalyst for the industrialisation of the Nigerian oil and gas industry, we have decided to use this leased land to catalyse the distribution and credibility of natural gas and domestic gas users between Bayelsa and neighbouring states.”
Since the Minister of State for Petroleum Resources, Timipre Sylva declared "the year 2020 as a year of gas," Wabote added that this partnership with Shell would further enable the production and utilization of the country’s gas resources for power generation, transportation, and industrial uses.
VIDEO:
— NCDMB (@officialncdmb) March 4, 2020
Engr. @wabote_simbi FNSE, speaking to Local Content Television shortly after the Board signed a Lease Agreement with @Shell_Nigeria Gas Limited at the Board’s liaison office in Abuja. #NCDMB pic.twitter.com/vn6oQ8yaQe
Present at the signing ceremony were, the Director, Monitoring & Evaluation, Mr. Tunde Adelana, Director, Finance & Personnel Management, Mr. Isaac Yalah, Acting Coordinator, Legal Services, Barr. Umar Babangida, STA to ES, Engr. Abayomi Bamidele and Barr. Maureen Obukofe.
