132 Firms Access N574.8bn Local Content Funding - Ncdmb

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132 firms access n5748bn local content funding ncdmb

The Nigerian Content Development and Monitoring Board NCDMB yesterday disclosed that 132 Nigerian companies have accessed N574.8 billion, comprising N51.785 billion and 359.653 million, from intervention funds established to boost indigenous participation in the oil and gas industry.

The funds include the 350 million Nigerian Content Intervention Fund and NEXIM supported 50 million Working Capital Fund and the Women in Oil and Gas Fund.

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