President Muhammadu Buhari on Thursday, assured Nigerians that his administration will spend more on infrastructure across the country.
According to a statement by his Special Adviser on Media and Publicity, Femi Adesina, the President made the pledge in Abuja during the virtual inauguration of the new headquarters building of the Nigerian Content Development and Monitoring Board located in Yenagoa, Bayelsa State.
The statement was titled “President Buhari inaugurates 17-storey NCDMB building, pledges to spend more on infrastructure for job creation.”
“With the commissioning of this project, I want to highlight that we have put in place a landmark of reference in the Niger Delta to reflect long lasting legacies that signpost the years of oil and gas exploitation and I assure you that there is more to come,’’ Adesina quoted the President as saying.
Buhari described the 17-storey building, known as the Nigerian Content Tower, with the full complements of a 10MW Power Plant and 1000-seater Conference Centre, as a reflection of his regime’s drive to provide infrastructure across the country to attract investments, create jobs and eradicate poverty.
He expressed joy that thousands of direct and indirect jobs were created during the execution of the project in addition to the various business opportunities.
The President added, ‘‘This commissioning brings to the fore the importance of local content in all activities of our national life, especially with the prevailing COVID-19 pandemic.
‘‘I believe strongly in local production and patronage of our goods and services as one of the surest ways to empower our citizens and give them viable opportunities to excel in their chosen professions and business endeavours.
‘‘That is why two of the Executive Orders issued under our government are related to enforcing local content in public procurement and contracts to further replicate the successes being realised in the oil and gas industry.
‘‘Local content and self-reliance are key principles of the recently approved N2.3 trillion National Economic Sustainability Plan. The plan is aimed at the promotion of local production, local services, local innovation, and the use of local materials.”
The statement further quoted the President as commending the Ministry of Petroleum Resources, the Minister of State for Petroleum Resources, the chairman and members of the Governing Council, as well as the management and staff of the Nigerian Content Board for this achievement.
The President said ‘‘The edifice we are commissioning today is a befitting birthday gift as you mark your 10th-year anniversary as a regulator and developer of local content in the oil and gas industry.
‘‘I am also pleased that this project has been delivered by local contractors supported by other local engineering and project consultants. We must all be proud that we finished what we started.
‘‘Ladies and gentlemen, I want to thank you for being part of this historic moment even as I use this opportunity to thank the people of Bayelsa and congratulate them as the proud host of this landmark project in the heart of the Niger Delta.
‘‘It is with great pleasure that I am directing the Honourable Minister of State for Petroleum Resources to commission the 10MW Power Plant, the 1000-seater Conference Center to be known as the NCDMB Conference Center and also commission the iconic 17-storey building to be known as the Nigerian Content Tower on my behalf.”
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