The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Kesiye Wabote has performed the groundbreaking ceremony of a pipe manufacturing plant at Polaku, Bayelsa State, being promoted by AS Energies Limited. The plant would manufacture Glass Reinforced Epoxy (GRE) and Glass Reinforced Plastic (GRP) pipes and has an estimated investment outlay of about N7.04 billion ($8.8million).
Speaking at the event which held last week, the Executive Secretary commended the Management of AS Energies Limited and its subsidiary, African Star Manufacturing Services Ltd, on the successful take-off of the construction work on the pipe manufacturing plant.
He noted that the project is in line with the mission statement of NCDMB: “to promote the development and utilization of in-country capacities for the industrialization of Nigeria through the effective implementation of the Nigerian Content Act’’
