NCDMB calls for increased media discuss on foreign investments

Mon, Dec 19, 2022
By editor
2 MIN READ

Media

By Anthony Isibor

THE Nigeria Content Development and Monitoring Board, NCDMB, has called on the media to raise the bar on discussions on foreign investment so as to change the narrative.

Ginah O. Ginah, General Manager, Corporate Communications and Zonal Coordination, NCDMB, made the call in Lagos, on Monday December 19, during the Nigerian Content Capacity Building workshop organized by the NCDMB for media stakeholders.

Speaking on the theme “enhancing media competencies to support Nigerian content in a gas economy, he noted that although the board has achieved huge strides, there is need to encourage more foreign investments to ensure continuous success of the Nigerian Local Content goal of attaining 70 percent.

According to him, the call has become necessary since Nigeria has a large internal market and that investors still choose to invest in smaller countries like Ghana.

He stated that there is no local content without projects and there is no project without investment.

“We want you to give these information to the public so that Nigerians can begin to see that there is hope.

“It will surprise you to know that small countries like Ghana get more foreign investments than Nigeria. Why is this so?

“The local market in Nigeria is already bigger than that of Ghana, in fact, the whole of West Africa.

“The population of Lagos alone is about 15 million people, the next two most populous cities in Africa, is not up to the population of Lagos. That is how huge the internal market is,” he said.

He also called on media practitioners to hold the NCDMB accountable by asking questions as to the level of achievements of the various local content goals and the NCDMB Gas Initiative and Partnership, as well as give opinion on their expectations as Nigerians.

He expressed optimism of the changes that will begin to take place if the media continue to sensitize the public, including critical stakeholders and thanked the media for their continued support and expressed delight at the immense value derived from these interactions and that the workshop continues in the future.

Realnews reports that the media workshop, organized by the NCDMB, has become a permanent feature in the Board’s calendar since 2019.

A.

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