The Nigerian Content Development and Monitoring Board (NCDMB) has backed MT Valves West Africa’s plan to establish a 15,000-ton-per-year industrial valve manufacturing facility at the Lekki Free Zone, Lagos.
A delegation from NCDMB confirmed their support during a recent facility tour, and its representatives confirmed MT Valves West’s preparedness to successfully carry out their sustainable investment strategy.
A subsidiary of the globally-known MT Group, MT Valves West Africa, presently manufactures 60,000 tons of valves per year from its Abu Dhabi facility, and the company gets the job done with a top-class R&D and manufacturing hub at its global headquarters in Shanghai, China. In fact, the firm is already an established vendor to Shell Nigeria, despite just gaining entry into the Nigerian market.
Its Managing Director, Thomas Zhang and Sales Director, Elliot Aigbokhade, proved to the NCDMB team that MT Valves West Africa is very committed to local content development and adhering to the Nigerian Oil and Gas Industry Content Development (NOGICD) Act has never been in doubt. They also stated their plans for a fully developed workshop in Lekki to further aid local value addition, capacity building, and a smooth supply chain.
According to the officials, the facility will go a long way towards closing a key industry gap because Nigeria presently has no local industrial valve manufacturing to call its own. They confirmed that the vital vision for the plant includes sourcing raw materials in the local market, training Nigerians within and outside the country, engaging indigenous collaborators, and phased growth.
Responding, The Nigerian Content Development and Monitoring Board (NCDMB) reaffirmed that it remains focused on backing eligible investments that do not contradict the NOGICD Act because more employment opportunities, local capacity growth, and economic industrialization has always been the main objectives of President Tinubu’s government.
NCDMB pleaded with MT Valves to ensure it develops a comprehensive investment roadmap that breaks down targeted milestones, Nigerian content targets, and ways to effectively contribute to the nation’s economy. The Board also invited the company to elaborate on its plans at the upcoming Nigerian Oil and Gas Opportunity Fair (NOGOF), set to go down from May 20–22.
As a way of encouraging stakeholder engagement, MT Valves also invited NCDMB, the Nigerian National Petroleum Company Limited (NNPC), and Nigeria LNG Limited to tour its Abu Dhabi and Shanghai facilities and see for themselves how the company is trying to make lives better in Nigeria.
