- NCDMB Support
- Oil Sector Boost
- Samsung Partnership
Visiting Samsung officials have received strong assurances from the Nigerian Content Development and Monitoring Board (NCDMB) regarding support for their oil industry projects. During the meeting, NCDMB reaffirmed its commitment to boosting local content and facilitating partnerships that drive innovation and growth in Nigeria’s oil sector.
The delegation from Samsung expressed optimism about the board’s proactive stance, noting that such support is pivotal for advancing technological capabilities and ensuring sustainable development in the industry. NCDMB officials highlighted plans to streamline project approvals and offer financial and technical backing to oil initiatives, aiming to foster a more robust and competitive market.This collaboration underscores the strategic importance of aligning international expertise with local industry efforts.
Both parties agreed that strengthening ties will not only enhance operational efficiencies but also contribute significantly to national economic development.