“26% in 2016 to 56% by 2024,” Felix Omatsola Ogbe lists achievements, admonishes increase for ‘spirit of collaboration and resilience that has brought us this far.’ The Nigerian Content Development and Monitoring Board (NCDMB) has earmarked N15 billion funding for Community Contractors Financing Scheme as it scaled up single obligor limit for the initiative from N20 million to N100 million. Platforms Africa reports that the initiative addresses a critical challenge faced by local contractors’ limited access to funding for contracts awarded by oil and gas companies. Executive Secretary of…
Read MoreNCDMB Earmarks N15bn, Ups Single Obligor Limit For Contractors Financing Scheme To N100m
