the height of the COVID-19 pandemic.
He said some of the achievements recorded by the board during the COVID-19 pandemic included the inauguration of the NCDMB new head office, the increase of the size of the Nigerian Content Intervention Fund from $200m to $350m and addition of new products to the NCI Fund. Wabote said the NCDMB had achieved 32 per cent value retention from the annual spend in the oil and gas industry, compared to only five per cent in 2010 when the Nigerian Content Act was enacted.
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