The Nigerian Content Development and Monitoring Board (NCDMB) has commended the African Industries Group (AIG) for its drive to boost local content production in different sectors of the economy.
A statement quoted NCDMB executive secretary, Engr. Simbi Wabote, as giving the commendation on Wednesday during a visit to Orbit Galvanized Steel Industries Limited, a subsidiary of the African Industries Group (AIG) in Ikorodu, Lagos.
Wabote toured Orbit Galvanized Steel Industries Limited facilities, products, and production process alongside representatives of International Oil Companies (IOCs) and their service counterparts.
He described AIG as a conglomerate of various industries that is set up to be a one stop shop service providers in different sectors of the Nigerian economy. He also noted that AIG has built capacity to provide products and services in mining, energy, agriculture, and other steel products.
“African industries built their capacity for service in areas they have seen that are lacking in Nigeria. Somewhere along the line, they have seen there are opportunities and are building capacities to manufacture and supply structures for many industries including oil and gas sector. That is why they have invited us to come see the capacity they have established.”
“I also was told they generate electricity on their own. This is to tell you that these facilities do not need generator to get their galvanizing plants to work.”
In his welcome address, Director, African Industries Group, Barr. Uche Iwuamadi said the company’s steel products are generated from local content.
“We are proud to have utilised local content to manufacture all that we have here and contribute to human capital development, employment and the economy of Nigeria,” Iwuamadi said.