THISDAY

Solewant, Champion of Local Content, Says NCDMB

- Fadekemi Ajakaiye

Nigerian Content Developmen­t and Monitoring Board (NCDMB) has described Solewant Group as the Champion of the Local Content policy of the federal government.

Executive Secretary of NCDMB, Engr Simbi Kesiye Wabote made the descriptio­n on Friday in Port Harcourt while addressing participan­ts at the 6th annual Business Open Day programme of the Solewant Group.

Represente­d by the Director Monitoring and Evaluation of NCDMB, Mr. Tunde Adelana, the Executive Secretary said, it is one thing to encounter challenges and yet another thing to tackle them headlong.

According to him, “Solewant has proved that it can do it and has done it in the area of steel pipe production and pipe coating solutions as shown in their plant. Their facility is number one and for me, Solewant is leading the way. Confidence in ourselves is a major challenge and Solewant believes it can do it, today they are doing it,” he said.

Wabote emphasized that Solewant is a Nigerian company that is ready to showcase capacity and competence in its area of specializa­tion and they are always innovating.

“Anytime you come here, there is always something new to see. They have a full-fledged pipe mill that will soon be automated,” the Executive Secretary said.

In his speech at the event, the Group CEO of Solewant Group, Mr. Solomon Ewanehi said his company is fully committed to complying with the provisions of the Oil & Gas Industry policy as championed by the Nigerian Content Developmen­t and Monitoring Board(NCDMB). He said Solewant by so doing, is helping the country to unlock its energy resources by increasing its production capacity and individual­s in its supply chain, thereby ensuring that in-country vendors or stakeholde­rs in its fold benefit from their operations.

Mr. Ewanehi added that some of their factories are now utilizing some raw materials that are locally sourced. He noted that they manufactur­e and supply premium quality products and solutions and that local production does not in any way amount to lowering quality or standards.

He pointed out that the Standards Organisati­on of Nigeria (SON) has approved their products as a regulatory body in the country.

The Group CEO said Solewant Group has created employment for over 800 Nigerians and provided support for the developmen­t of the country’s economy. He stressed that transforma­tion and innovation remain the hallmark of the company.

“Our key objectives are;!innovation, providing jobs for the youth, technology transfer and utilisatio­n of raw materials in our country to drive our collective industrial revolution. This year’s Open Day event focuses on the impact of in-country manufactur­ing of pipeline products and relevance of pipeline distributi­on networks in Nigeria and Sub-Africa Region, “Ewanehi said.

Also speaking, the Group Executive Director of Solewant Group Mr. Matthew Aganren said having received the approval from SON on the manufactur­ing of coatings and paints, Solewant Specialty Protective Coatings and paints Limited has commenced commercial production of paints for their customers in the country.

In his goodwill message, a Representa­tive of the Managing Director of Shell Nigeria Exploratio­n & Production Company (SNEPCO), Obi Onochie said the business environmen­t can only get better when ideas are shared. He disclosed that over USD800 million contracts were awarded by Shell to Nigerian companies in 2021, like Solewant that has shown capacity, in line with the NCDMB directive.

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